Reviews MenaPay ICO

lhung699 (25)in #menapay • 6 years ago (edited)

Introduction *

MenaPay is the new project of the payment gateway using an electronic money on the blockchain technology platform to replace the traditional trading way. It's safe, convenient and secure, can use in everyday transactions in life. Currently,MenaPay has 2 payment gateways are accepted in the Middle East and Africa.
It is creating a new standard in the industry of electronic money for income stabilization levels, beyond the regular incentive for users and investors

Problems and solutions in using Cryptocurrency for payment *

In market, the price of electronic currencies always fluctuate every second every minute. So the user can hardly use them for payment. But with MenaCash, it was supported entirely by USD (1 MenaCash = 1 USD), will be used as the unit of currency for the transaction according to the MenaPay platform. MenaPay also brings easy-to-use solutions such as desktop and mobile wallet, be integrated API and SDK, reporting and management console for the seller, all with Arabic user interface.

How to Menapay work ? *

MenaPay generate revenues from the fees from transactions P2P (peer to peer) and P2M (peer with the seller) and withdrawal fees from M2F (established merchants).
Green Mining: MenaCash all transactions between the Peer with the Merchant can be granted by the MenaPay token.

Low transaction costs, the payment process is quick and convenient. MenaPay is a perfect choice of payment gateway in the future.

Information about founders, advisors, and team *

Most of MenaPay's members are talented and have a lot of experience in different fields. When working together it will achieve its desired goal and go further
Here are some typical members :

Product *

MenaPay will development payment software on phones and computers for the convenience of its users

Roadmap *

MenaPay offers a very detailed development path. The project was launched in November 2017 to serve 420 million people, in 18 countries, as their primary payment method. The public sale of the ICO will start on November 18th and end in December.

Token Metrics *
-Token Standard: ERC-20
-Soft Cap : 5,000,000 USD
-Hard Cap : 25,000,000 USD
-Tokens To Issue: 400,000,000
-Tokens For Sale: 256,000,000
** They will burn for unsold tokens **
Token distribution *
-64% : Public contributors
-11% : Advisors and partnerships
-10%: Founder and team
-10%: Airdrop and bounty programs
-5%: Mining reserve
Token allocation *
-40%: Marketing
-30% : Development and infrastructure
-15% : Operation and administration
-10%: Business Development
-5% : Legal
Activities of MenaPay in the event Gamescom2018 *

CONCLUSION

MenaPay is a potential project and is more prominent than other blockchain-based payment gateways. It helps users feel comfortable and especially those who use the Middle East and Africa they can transfer money through other countries easily.