MenaPay – Crypto Made Easier Than Cash
Peaceful greetings of the universe, this time I will discuss about ICO or project MenaPay, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).
MenaPay is a modern version of the traditional payment systems which is blockchain-based and fully backed up cryptocurrency to provide a secure and transparent payment channel that enabling transactions for every area of everyday life. It is often described as the “crypto made easier than cash”.
MenaPay Foundation encompasses various aspects including crypto exchangers, revenue and profit system, green mining reserves, cash-out commission and request system, purchase menacash, merchants and individual users. Menapay works by creating a new standard in the crypto industry for the level of participatory returns, beyond the regular incentives for users and investors.
The main features of MenaPay include: P2P Transactions; P2M Peer to Merchant Payments; M2F Merchant to Foundation; and Green Mining. All this innovative features work together to give outstanding results seen in MenaPay platform.
Payment processing in traditional payment workflow which requires too many intermediaries (including issuing bank, payment gate, credit card association, payment processors and acquiring bank) is overcome in MenaPay because it connects customer with merchants directly for frictionless and trustworthy transactions. MenaPay linked customer to the merchant with the use of Menapay Token.
In Ico structure of MenaPay, it was stated from their official website that 400 Million MenaPay Tokens will be generated and 64% of the coins will belong to the community. The Token distribution include 5% for mining reserve, 10% for bounty and airdrop, 10% for founders and team, 11% for advisors and partnerships and 64% for public contributors. In the use of fund, 5% goes to legal system, 10% of the Token goes to business development, 15% for operation and administration, 30% for development and infrastructure and 40% goes to marketing.
It is widely known that traditional banking tools are not widely used in the Middle East and Africa region, due to the conservative practice of Islam and the poor banking system. MenaPay’s non-bank, user-friendly mobile payment app and arabic language support provide easy and quick onboarding to let users safely enter the cryptocurrency world. The main features in this app are that it has user-friendly dashboard and application market for easy integration.
Problem and Answer of Menapay to Real World Scenario
Along these lines in lightweight of the standard keeping money instruments that aren’t being employed by the bank executives and what is more in sight of the Islam observe and poor addressing a accountancy structure within the within East entry within the geographic area and continent. in addition, the continent space. this can be the place menapay comes in:
MenaPay brings a 100% monotheism, non-bank propelled course of action, mistreatment modify trades for every piece of step by step life. blockchain to create one cash to be used conflictingly and cross-periphery trades. The relentless advanced money “MenaCash” can run through non-public venture stores with MenaPay tokens. one affiliation could be a response for obliterate dangerousness and to quicken commonplace fund instruments, as an example, credit.
standard budgetary instruments, for instance, credit.
About the Token
Tokens To Issue: 400M May
Tokens For Sale: 256M May
Estimated ICO Price:$0.165
Target Soft Cap: $5M
Target Hard Cap: $25M
Token Standard: ERC-20
Unsold tokens will be burnt
The dream of this project all began with first capital team building around February 2018, now there MenaCash transaction tests presently going on this August 2018 and hopefully this platform will be highly developed through installation of P2P lending payment system which is one of the advanced Al features by December 2019.
The team of MenaPay is working hard to develop the most commonly used cryptocurrency in the MENA region.
MenaPay is a modern version of the traditional payment systems which is blockchain-based and fully backed up cryptocurrency to provide a secure and transparent payment channel that enabling transactions for every area of everyday life.
More Information Visit The MenaPay Link:
Author : Urang kuceng
Myetherwallet : 0x382472b2eEdAF8cC74CfBC8E95001c8dB409002d