Hi everyone, meet again with me Kartika! Today I will explain about MenaPay thats going to replaces traditional payment methods with a blockchain-based, fully backed cryptocurrency to provide a secure and transparent payment gateway enabling transactions for every aspect of daily life. Lets see my article about MenaPay.
First of all, The MenaPay project was started in November 2017 to serve 420 million people, across 18 countries, as their primary payment method. ManaPay is going to create a new standard in crypto industry for the level of participatory returns, beyond the regular incentives for users and investors. ManaPay is the gateway of the Middle East and Africa. This will be provide a secure and transparent payment gateway to enable transactions for every aspect of daily life and Manapay will replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. They will distribute 75% of total revenue and profit amongst holders of MenaPay.
Menapay backed by USDs would change that as 1 Menacash would constantly be equal to 1 USD, this linking of Menacash to the USD would solve the problem of volatility faced by traditional cryptocurrencies and can easily be withdrawal to fiat at any given time by customers and merchants through the Menapay foundation and this would be the currency for transactions on the Manapay platform. Transaction on the Menapay platform would flow from customer to Menapay then to the merchant and vice versa. Menapay also brings easy-to-use and secure solutions such as desktop and mobile wallets, integration APIs and SDKs, reporting and a management dashboard for merchants, Arabic user interfaces. Middle East and Africa region not use in traditional banking tools because of conservative practice of Islam and the poor banking system. MenaPay's will Support them to provide easy and quick onboarding Mobile Payment App and Arabic Language to use safely and enter the cryptocurrency world with Non-Bank and User-Friendly .
- User-friendly Dashboard
- Application Market for easy integration
Problem
Middle East and Africa Region not used Regular banking tools.
They have poor banking system due to conservative practice of Islam .
The region also has a very fragmented
structure with multiple currencies.
Solutions
P2P Transactions
P2M Peer to Merchant Payments
M2F Merchant to Foundation
Green Mining
MENACASH will become a token that will be used in the MENAPAY platform which will receive full support from USD and it will also be used for transactions on the MENAPAY platform. This will be used to distribute the income and profits that are entitled to all token holders
MENAPAY has included several features to make 1 MENASHASH equal to 1 USD which traders will be able to withdraw money from the MENAPAY foundation.
- TOKEN DISTRIBUTION
64% allocated to public contributors
16% Allocated to the team advisor
15% allocated to marketing gifts
5% Allocated to mining reserves - USE OF FUNDS
5% allocated to law
10% allocated for business development
15% is allocated for Operations and Administration
30% is allocated for development and infrastructure
40% is allocated to Marketing
For more further information, please visit the link below:
Telegram: https://t.me/MenaPay
Onepager: https://www.menapay.io/onepager.pdf
Facebook: https://www.facebook.com/menapayio
Twitter: https://twitter.com/menapayio
Instagram: https://www.instagram.com/menapay
Ann Threads: https://bitcointalk.org/index.php?topic=4884588
Author by:
Bitcointalk Username: Kartika1
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1964049
ETH Address: 0x941C6ca63C1855a2c4B5aAC13B4729fF816f5fDb
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