Analysis of MenaPay project - Make transactions for every aspect of life
Basically, menapay is a payment gateway that can effectively replace old payment methods using secure cryptographic based on an ERC-20 intelligent contract.
According to their telegram chat ( https://t.me/MenaPay ), they develop their own chain, called Menachain, for a faster transaction.
According to their telegram chat ( https://t.me/MenaPay ), they develop their own chain, called Menachain, for a faster transaction.
Here is their ICO structure. As you can see, 64% of tokens will be reserved for ico. that is really great. 10% are reserved for Bounty & Airdrops. Another 10% is reserved for founders and partnerships, and 11% will be reserved for consultants and partners. (Use of funds) You should be wondering how they will use their funds, so 5% is reserved for Legal. 10% is reserved for business and development. 15% is reserved for operation and administration. For the development and marketing department, 30% is reserved. 40% reserved for marketing.
Where will it be used?
Where will it be used?
The Menapay project began in November 2017, and its goal is to create a payment gateway in the Middle East and Africa. But in these regions, because of the old banking system and the conservative practice of Islam, the region has several currencies. Well, here's the menapay brigs - solving this problem using blockchain technology. Customers will be able to choose the best currency for themselves and unhindered, safely execute the necessary transaction.
Solution to existing problems
If you are reading this article, you must have a basic knowledge of how crypto currency works and how varied this market is. Volatility of the cryptographic currency is a major problem that needs to be taken into account. It is very difficult for newcomers to plunge into the world of cryptography and understand the peculiarities of the functioning of such services. Menapay provides 100% proven decentralized solution for those who are tired of centralized, vulnerable and slow banking services. Now the transactions will become more secure and fast. 1 menacash will always be $ 1. Therefore, people do not need to worry about volatility. Menapay will also have its own desktop and mobile purse. It allows you to quickly access your finances, execute any necessary transactions extremely quickly and accurately.
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Up to $ 1 billion by 2019
Project developers immediately expressed their ambition - they are going to become a really significant player in the segment of cryptography. Thus, they have a great goal to reach 1 billion market capitalization by mid-2019. According to their data, to achieve this big ambitious goal, they will reach up to 5 million active users through their premium trading campaigns and strong local marketing. They also create an autonomous reseller network to provide easy access to the crypto-world world.
They have already raised $ 1 million from 50 investors + Bogazici Ventures as initial funding through the sale of tokens. At the moment, active work is underway to attract large investors for further development of the project.
What really liked this project?
What really liked this project?
Excellent project with ambitious goal;
An experienced team to achieve this goal;
Payment gateway on the blockade;
Sharing 75% of total revenue and profits among menapay owners will definitely appeal to users;
They will add security features such as identity recognition for security. This identification will protect users from fraudsters;
Construction of an autonomous reseller so that people can freely become part of the crypto-exchange world and strong marketing;
In addition to any current available cryptographic currency, you can buy a token by bank transfer and credit card. Use of fitness products is supported by the service.
In general, such an exchanger is a really interesting and promising project.
An experienced team to achieve this goal;
Payment gateway on the blockade;
Sharing 75% of total revenue and profits among menapay owners will definitely appeal to users;
They will add security features such as identity recognition for security. This identification will protect users from fraudsters;
Construction of an autonomous reseller so that people can freely become part of the crypto-exchange world and strong marketing;
In addition to any current available cryptographic currency, you can buy a token by bank transfer and credit card. Use of fitness products is supported by the service.
In general, such an exchanger is a really interesting and promising project.
Additional information about the project:
Website: https://mfchain.com/
WhitePaper: https://www.menapay.io/onepager.pdf
Telegram: https://t.me/MenaPay
Twitter: https://twitter.com / menapayio
Facebook: https://www.facebook.com/menapayio
Website: https://mfchain.com/
WhitePaper: https://www.menapay.io/onepager.pdf
Telegram: https://t.me/MenaPay
Twitter: https://twitter.com / menapayio
Facebook: https://www.facebook.com/menapayio
Authors: Loksyun
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1886140;sa=summary
My ETH: 0xd0d8c8e966efC43d681a33f2536fD44AfDf8c827
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