MENAPAY: A ACCESSIBLE PAYMENT GATEWAY ON BLOCKCHAIN TECHNOLOGY

            INTRODUCTION

Exchanges both decentralized and centralized that we have on ground has grown from what we use to have. Today we have a whole lot of new decentralized exchanges and centralized exchanges coming into the market but there is still need to look at security, transaction fees and many more. With this millions of users who make use of this exchanges will be comfortable. There is need for the market to be unify to be able to be able to continue to develop as a single organism. Cryptocurrencies have the ability to unite companies, people, and financial institutions, but the fragmentation of how trade is been handle on several platforms can lead to increase volatility of so many cryptographic currencies and digital assets. This on many occasions have scare potential investors away from investing in crypto currencies. The low level of liquidity and considerable spread will not help in the development of the cryptocurrency industry. There are now millions of people around the world that uses crypto currencies on daily basis as payment for goods and services and in exchange for other digital assets. The population of people all over the world is growing and more people now trust blockchain technology (crypto currencies) because of the transparency and easy to use and low fee. And in the coming year the number of people who will be using blockchain technology and crypto currencies to solve problems will increase tremendously. So there is need to make provision for the massive adoption that will come in the future. People any where in the world always love to be comfortable and trust the platform they are using to make payment. Till today with internet and online banking been the edge that banking sector everywhere in the world use to make payment easy for customers, there are still many customers who don’t use this online platform. So many people are not comfortable with e-payment and other online payment platform up till now but blockchain technology has gotten huge, massive adoption and attention from every corner of the world in just a very short time. Also in the Middle East and Africa region traditional banking tools are not widely use by people and this is due to the poor banking system and the conservative practice of Islam. This is why MenaPay which is a secure, transparent and accessible payment gateway is going to replace traditional payment methods with blockchain technology and will have its own platform currency so that people from every part of the world can make transactions for every aspect of their daily life. MenaPay is going to create a new standard in the blockchain technology industry for the level of participatory returns, that is going to be beyond the regular motivation for users and investors.

         BENEFITS OF MENAPAY

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

2. MenaCash: this will be use by merchants from every part of the world to make cash out from MenaPay foundation MenaCash will equals to $1.

3. Peer to merchants (P2M): through this peers from every part of the world can connect with wide range of merchants from every part of the world for frictionless and trustworthy transaction.

4. Merchants to foundation: all the revenue that is been generated from the fees of P2P ( peer to peer) and P2M (peer to merchants) transactions will be put into the foundation.

5. Green mining: All transactions on MenaCash that is made between peer to merchants may be awarded by MenaPay token.

      TOKEN SPECIFICATIONS
   

• TOKENS TO ISSUE 400M
• TOKEN FOR SALE 256M
• TOKEN SYMBOL Mpay
• ESTIMATED ICO PRICE $0.165
• TARGET SOFT CAP $5M
• TARGET HARD CAP $25M
• TOKEN STANDARD ERC-20
• UNSOLD TOKEN WILL BURN
  TOKEN DISTRIBUTION
• MINING RESERVE 5%
• BOUNTY AND AIRDROPS 10%
• FOUNDERS AND TEAM 10%
• ADVISORS AND PARTNERSHIP 11%
• PUBLIC CONTRIBUTORS 64%

      USE OF FUNDS

• LEGAL 5%
• BUSINESS DEVELOPMENT 10%
• OPERATIONS AND ADMINISTRATION 15%
• DEVELOPMENT AND INFRASTRUCTURE 30%
• MARKETING 40%

            TEAM

The team consist of people who have years of experience in marketing, branding, business and blockchain technology.

           CONCLUSION 

This is a outstanding project that need the support of people from every part of the world.

For more information on MenaPay, kindly visit this links.
Website: https://www.menapay.io/
Onepager: https://www.menapay.io/onepager.pdf
Telegram: @MenaPay
Twitter: @menapay.io
Contact: [email protected]
Phone: +971 50 753 1773
Writer: dammy
Bitcointalk Username: dammy1988
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1340111;sa=summary