MENAPAY - Become the Largest Non-Bank Payment Solution Using Blockchain Technology while Producing Significant Returns for Investors.



Hello friends - everything returns to my Blog. This time I will provide information and invite you to work on the ongoing ICO with a very good product in the new cryptocurrency, MENAPAY. Before heading to the discussion, I think we all agree that blockchain technology still requires efforts that encourage adoption to continue to grow and continue to grow in the future.

As a result of the poor banking system and the lack of proper Islamic finance applications, the only way to shop online is to use the most common method; cash on delivery (CoD). But it also carries several risks and other problems such as high costs and free shipping. In addition, the CoD method can only be used for physical goods. Monetizing the right digital goods and services is still a big challenge.

Apart from security issues, this brings despair to users because this method of payment is the only way. People don't like to carry large amounts of cash but they like to shop. There is no solution if the user loses a high amount of money on the way to buying valuables.

MenaPay is an ambitious project that seeks to replace traditional payment methods in the daily lives of its users using the blockchain as a lever. To be relevant to the lives of everyday users, it must solve two main challenges - security of funds and transparency. This is what you want to achieve through the cryptocurrency payment gateway that is set to run transactions at a level that has not been achieved by any project before.

This is the first Islam-supported cryptocurrency project aimed at users from the Middle East and North Africa. The acceptance of this project by many people has shown that the Muslim world is becoming more aware of cryptocurrency, its benefits and massive adoption will follow.

It can be remembered that some governments in North Africa opposed the idea of ​​having a decentralized value system and did not hesitate to say so. With the acceptance of this project, everything will change.

The limitations mentioned above and the conservative economies of the regions in question may have been mentioned as losses determined by MenaPay to be resolved based on information in its one-pager. With this unique target audience and laying the groundwork for the project, the sky seems to be the beginning.

Mission
MenaPay aims to become the most commonly used cryptocurrency in the MENA region. Focusing on 18 countries and 441 million people, MenaPay brings the mission of being the largest non-bank payment solution using blockchain technology while producing significant returns for investors.

The challenge that MenaPay wants to solve

Single Payment Method for Online Shopping
As a result of the poor banking system and the lack of proper Islamic finance applications, the only way to shop online is to use the most common method; cash on delivery (CoD). But it also carries several risks and other problems such as high costs and free shipping. In addition, the CoD method can only be used for physical goods. Monetizing the right digital goods and services is still a big challenge. Menapay introduces a digital payment system that fully meets Islamic financial requirements for users along with a stable MenaCash Currency.

Obligation to Bring Cash
The obligation to bring cash is one of the biggest problems with traditional offline payment systems in MENA.

Apart from security issues, this brings despair to users because this method of payment is the only way. People don't like to carry large amounts of cash but they like to shop. There is no solution if the user loses a high amount of money on the way to buying valuables. One of MenaPay's goals is to get rid of cash with the ease of digital payments and the security of blockchain technology. Menapay brings digital, single and stable currencies to areas that people can carry on their smartphones.

Transboundary Money Transactions
Because of the extreme conversion rates from banks, it is very expensive to carry out cross-border transactions or online payments in various currencies. MenaPay aims to make this process as easy as sending messages on any online platform. After completing the KYC process that MenaPay requires from users, the transfer of money between countries will take a few seconds, because this is the need for the digital age in which we live.

Dependent Central Authority
Because there is a problem of trust and a high risk of inflation, most people don't like to save their money at national banks in their countries. The Blockchain technology, solves trust or dependency problems that might occur based on their nature. All savings are recorded on the blockchain and cannot be changed by anyone. The MenaPay platform also belongs to the community, designed to last forever.

The Problem of Counterfeit Money
Counterfeit money is a serious problem especially in North Africa and the northern part of the Middle East, where people have many concerns about fraud. MenaCash's stable and digital currency from the MenaPay Platform will also be the solution to this common problem.


How it works


Platform advantages

Peer to peer (P2P) transactions
People from all over the world will be able to exchange MenaPay as a form of payment for goods and services through the peer to peer method.

MenaCash
This will be used by traders from every part of the world to make money from the MenaPay foundation. MenaCash will be equal to $ 1.

Peer to merchants (P2M)
Through this, colleagues from every part of the world can connect with various traders from every part of the world for frictionless and trustworthy transactions.

Trader to foundation
All income generated from the costs of P2P (peer to peer) and P2M (peer to merchant) transactions will be included in the foundation.

Green mining
All transactions at MenaCash made between partners and traders can be provided by MenaPay tokens.

Menacash
Menacash is a down payment that is constantly supported by the US dollar and works through private blockchain organizations. The inspiration that drives why it is supported by USD, is to empower the phase to remove significant valuable vulnerability problems and irregularities that are known for all things considered. Next will work through personal savings with the Menapay token.

Detail Tokens and ICO
Menapay Token (MPay) is an ERC20 token because it is currently built on the Ethereum platform. Indeed, the project will build its own Blockchain for ease of use, post public sales and transfer tokens to investors.

Token Details
  • Ticker: MPay
  • Total supply: 400,000,000 MPay
  • Type: ERC-20
  • Price: 1MPari = $ 0.165
  • Soft Cap: $ 5 million
  • Hard Cap: $ 25 million
  • Payment Methods Received: ETH, BTC, LTC, BCH, WAVES, USD, EURO, WON
Token allocation
  • Public Contributors - 64%
  • Advisor and Partnership - 11%
  • Founder and Team - 10%
  • Bounties and Airdrops - 10%
  • Mine Reserve - 5%
Use of funds
  • Marketing - 40%
  • Development and Infrastructure - 30%
  • Operations and Administration - 15%
  • Business Development - 10%
  • Legal - 5%

ROADMAP


MENAPAY TEAM


To find relevant details about smart contracts currently available, please follow some important sources below for the following Reference:


Bitcointalk name :Husein22
Profile Link :https://bitcointalk.org/index.php?action=profile;u=2510243
ETH address :0x89c7d6Ce445f326a02eF7530A40FBa5Ecbe6C193

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