Minerva: Brining cryptocurrency to mainstream payment system

zeeshan003 (53)in #ico • 8 years ago

History of OWL Tokens

It is a payment service provider which uses OWL tokens to be accepted on its platform. The approved merchants who choose this system as a payment option are rewarded with additional revenue generation stream. This system is based on the smart contracts and uses Ethereum blockchain, the approved merchants who chose this token as their primary payment option are rewarded with newly mined OWL tokens. It aims to bridge the gap between cryptographic and commerce assets.

Owl is an Ancient Coin

It is surprising to know that OWL is the first international currency which is thick and heavy and was mined some 2500 years ago. These coins circulated for more than 400 years and were known as the main currency used by the merchants.

Why Minerva is matchless crypto solution

There are new crypto tokens introduced to the market on a daily basis with different business models backed up with blockchain technology. Majority of these currencies have been abundended in the initial phase of their launching and there is a very small percentage which gains the recognition of the masses. Minerva has found the logic behind merchants, business communities, financial institutes and other bodies not accepting digital coins as one of the payment options. As discussed above, the reason is their highly volatile nature which puts the merchants and others at a greater risk of losing their money.

Distinguished features of Minerva

Minerva has the solution to the present volatility issues in cryptographic assets
Merchants are incentivized with its reverse transaction fee.
The money earned through reverse transaction fee goes to the merchant but they are requested to pass the benefit of these earnings to the clients and buyers in form of discounts and bonuses.

Minerva fixes the flaws of other famous crypto coins in its own system

The policy makers have come to conclusion that Ripple would have been a far better coin if it had provided advantages to organizations other than financial institutes. It also observes that Bitcoin’s price is controlled by speculations and have a strategy to address this problem in its own system. It also analyzed that Etherium should have given mining rewards to the companies who accepted it as a payment option to come to mainstream and win more trust. Minerva has addressed all the aforementioned issues in its platform and therefore it is likely that this coin will thrive and sustain its position for a longer period.