MenaPay ICO Review
Today is a P2P crypto-fiat currency exchange platform that allows for immediate, secure exchanges, anywhere in the world with an Internet connection. Cryptocurrencies have become so mainstream that even those without prior knowledge in trading or any interest in finance are now successfully investing their hard-earned money into digital assets, and many are doing extremely well.
Menapay platform is a blockchain-based payment gateway. Menapay aims to provide a secure transparent gateway to enable transactions for daily living. Transferring funds peer-to-peer has been a major problem in Africa for Africans living in the diaspora and at home. Payment giants like paypal will not allow a regular african use paypal directly from his IP address,there’s some sort of segregation in this area and nothing has been done about it up till now. People in Africa deserve better payment solutions and MPAY has come at the right time.
Menapay brings to the table a 100% non-bank digital solution using blockchain payment as a single currency to be used in everyday payment and crossborder transactions. In the middle-east for instance regular banking is not popular due to islamic practices and a strong form of sharia law which less supports banking with interest and also a fragmented structure with multiple currencies,that is why beyond all reasonable doubts, Mpay will win and win big especially in the middle east. Premium merchants who are offering special discounts only for MenaPay.
Reaching 5million active users thanks to premium merchant campaigns and strong local marketing. Building an offline reseller network to allow easy entry to the cryptocurrency world. Acquiring the support of influence creators in the region, such as women in the tech industry, politicians, artists and social entrepreneurs.
Advantages of Project :
The platform is built on the decentralized blockchain technology which provides a secure and transparent environment for users’ transaction.
The MenaPay application enables cash out with its MenaCash crypto coin. Here, users are able to cash out their MenaCash tokens to cash through the MenaPay foundation.
Cryptocurrencies are known to be volatile with unstable value for that, the MenaCash is created as a stable cryptocurrency that is backed by the US dollar which will be equal to 1 MenaCash token at all times.
The MenaPay application is user-friendly with an easy interface for mobile and desktop application, APIs and SDKs for easy integration. Also made available is Arabic language interface since the target market is the Middle East and many more features.
The MenaPay application uses an incentive system where token holders and users will be motivated and rewarded. The project aims to share 75% of revenue generated and profit amongst token holders of MenaPay. The platform users will be rewarded base on the level of their participation.
The target market is skeptical to use the traditional banks because of their religious beliefs. The MenaPay project is totally (100% ) Islamic non-bank digital solution build on the blockchain protocol.
A large population of the target population is unbanked due to banks' poor service and the people conservative approach to Islam. The MenaPay platform will substitute the banks to the people which are created to meet their daily needs and global transactions.
On the MenaPay platform, the premium merchant will provide a special discount to MenaPay users only.
Cryptocurrencies cannot be used in daily life transactions because of entrepreneurs. The platform will build an offline reseller network to enable wide exposure, easy entrance and massive adaptation to the use of - cryptocurrencies.
The MenaPay platform will accept 30 major cryptocurrencies for payment and the MenaPay tokens can be purchased through bank transfer and credit card. The token can be pay on the door when the user goes to consummate an offline transaction.
Token and ICO Details :
The MenaPay platform utilizes the MenaPay token which is an ERC20 utility token of the Ethereum blockchain. It is used as a means of payment and also used to distribute revenue and profit on the platform. The MenaCash token is the internal token on MenaPay platform that is used for cash out.
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MenaPay good ratings from most popular internet ICO rankings :
From the author :
After discussing the material above we can conclude that MenaPay is a project that is engaged in the storage and exchange of money. MenaPay has several features such as payment etc. If you are interested in this project, visit the official website now! register yourself at the whitelist!
For more information about MenaPay and its Token sale visit:
Facebook: https://www.facebook.com/menapayio
Twitter: https://twitter.com/menapayio
Website: https://www.menapay.io
Telegram: https://t.me/MenaPay
Onepager: https://www.menapay.io/onepager.pdf
AUTHOR : Henry7
Profile : https://bitcointalk.org/index.php?action=profile;u=1627817
ETH wallet : 0xAE6d1beBad086114268452FFEAAE096df3B787A4
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