MenaPay is the first block-based payment gateway that is fully supported in the Middle East and Africa. EdenPay replaces traditional payment methods with cryptocurrency fully supported by blockchain. Mission MenaPay is building web-based websites and applications that will allow integration of crypto payment solutions to various websites and supports Arabic on the dashboard.
MenaPay is the first blockchain-based payment that is fully supported by gateways in the Middle East and Africa. EdenPay replaces the traditional payment method with Cryptocurrency that is fully supported by blockchain. It provides a secure and transparent payment gateway that activates transactions for every aspect of daily life. The MenaPay project began in November 2017 to serve 420 million people in 18 countries as the main payment of their method. MadPay will distribute 75% of total income and profit between MenaPay holders. This creates a new standard in the crypto industry for participatory returns beyond the regular incentives for users and investors, https: //www.menapay.io/
MENAPAY Alternative Traditional Payment Solutions
Alternative payments refer to payment methods that are used as an alternative to traditional payments. Most alternative payment methods discuss the domestic economy or have been developed specifically for electronic commerce and payment systems are generally supported and operated by local banks. Each alternative payment method has a unique application and process settlement, language and currency support and subject to domestic rules and regulations.
How Does MenaPay Work?
We create new standards in the Crypto industry for participatory returns, beyond regular incentives for users and investors.
P2P transactions
P2M Peer to Merchant Payments
M2F Merchants to the Foundation
Green Mining
TOKEN INFORMATION
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
ERC-20 type token
ETHEREUM network
Total Supply of 400,000,000, - Payment
Sold Token 256,000,000, - Pay
Estimated price of ICO $ 0.165
Target a $ 5,000,000 Soft-cap
Hard-cap target of $ 25,000,000
Up to $ 1 billion in 2019
Project developers immediately declare their ambitions - they will be very significant players in the cryptography segment. As such, they have a big goal of achieving 1 billion market capitalization by mid 2019. According to their data, to achieve this ambitious goal, they will reach up to 5 million active users through strong premium sales and local marketing campaigns. They also create an autonomous retailer network to provide easy access to the world of crypto foreign exchange.
They have raised $ 1 million from 50 + Bogazici Ventures investors as initial funds through the sale of tokens. Currently, active work is being done to attract large investors for further project development.
What really likes this project?
Outstanding project with ambitious goals;
Experienced team to achieve this goal;
Payment gateway on blockade;
Sharing 75% of the total income and profits between owners will surely appeal to users;
They will add security features such as identity recognition for security. This identification will protect users from fraudsters;
The development of autonomous retailers so that people can freely become part of the world of crypto-exchange and strong marketing;
In addition to the crypto currencies currently available, you can buy tokens through bank transfers and credit cards. Use of fitness products is supported by services.
In general, such exchangers are very interesting and promising projects.
In further developments the implementation of this program is the North Africa and Middle East regions. With technology advancing and the entire Blockchain ecosystem growing at a commendable pace, much of the development takes place in several pockets of the world. The Middle East and North Africa have so far remained isolated from growth on the Blockchain. This region is under the banking infrastructure that was developed due to Islamic Sharia law which prohibits interest on loans. As a result, the GCC region has sharia-compliant financial institutions that represent about 1% of the world's total assets. This region also has a very fragmented with various currencies that have banned the integration of all regions into one market.
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
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HellenXaveria
BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=980199
ETH: 0xD6AF7435Fd7c6DB12B00E92752c03A7d466A52e8
