MENAPAY - Developing the Most Commonly Used Digital Currency in the MENA Region


Hello ... If you are interested in joining a MenaPay project or you are interested in joining a MenaPay project, it is a good idea to read that can help you find information that might help you in seeing their vision and mission during the MenaPay project.

Summary
MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and Africa.

MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency.

This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life.

The MenaPay project was started in November 2017 to serve 420 million people, across 18 countries, as their primary payment method.

MenaPay will distribute 75% of total revenue and profit amongst holders of MenaPay.

It is creating a new standard in the crypto industry for the level of participatory returns, beyond the regular incentives for users and investors.

Solutions for Using Cryptocurrency as a Payment Method
Cryptocurrencies cannot be used in daily life transactions because of entrepreneurs. their price fluctuations and cash-out concerns. MenaCash, which is 100% backed by USDs, will be used as the currency for transactions under the MenaPay platform.

1 MenaCash will always be equal to 1 USD and merchants will be able to make cash-outs from the MenaPay foundation. MenaPay also brings easy-to-use solutions such as desktop and mobile wallets, integration APIs and SDKs, reporting and a management dashboard for merchants, all with Arabic user interfaces.

Solutions to Real Life Problems
Regular banking tools are largely not used in the Middle East and Africa Region due to the conservative practice of Islam and the poor banking system. The region also has a very fragmented structure with multiple currencies.

MenaPay brings a 100% Islamic, non-bank digital solution, using blockchain to create a single currency to be used in everyday and cross-border transactions.

How to reach 1 Billion USD Market Cap by Mid-2019
Onboarding 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.

Establishing Public Adoption of Cryptocurrency
Apart from accepting 30 major cryptocurrencies, you can buy tokens via bank transfer and credit card or you can pay on the door.

Token Distribution


Innovative Crypto System Solution

The stable cryptocurrency “MenaCash” will work via a private blockchain solution to eliminate volatility and to assure transactions faster than old-fashioned financial instruments, such as credit and debit cards.

The tradeable MenaPay token will utilize ERC20 and will be used to distribute the majority of the revenue and profit of the MenaPay platform and will be available for crowd sale.

Generating revenue from the fees from P2P (peer to peer) and P2M (peer to merchant) transactions and cash-out fees from M2F (Merchant to Foundation).

Green Mining: Every MenaCash transaction between Peer to Merchant may be awarded by a MenaPay token.


MenaPay tokens will be distributed from mining reserve. A certain ratio of the transaction fees will be used to fill the mining reserve with MenaPay tokens.

Welcome to Blue Ocean of Opportunity
THE MOST GENEROUS REVENUE AND PROFIT SHARE SCHEME

MENA Population: 420 M
Arabic: 4th most commonly spoken language in the world.
86% unbanked population.
Untouched market space for blockchain technology.

Roadmap



Here is the information that I present to you in finding information and knowing the MenaPay project currently being run by their team, if there is any error in explaining this article, do not worry, I have written to get accurate information. Information and of course you will be able to speak directly with or their team, at the link.




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Eth: 0x3f9bb3679f1B71F22d823992078244C87EF4D455

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