Monday, September 24, 2018

MenaPay ( MPAY ) – Revolutionary Islamic Payment Platform


MenaPay is a perfect project that will generate a 100% safe, non-banking structure in the region. For some people who do not know each other, Islam is opposed to the banking system, and every financial instrument or product provided by the bank is not used at all or in very small amounts. This project is based entirely on the idea that Islamic banks do not need to be in the world and use blocking technologies to carry out business dealings and products between parts of the Middle east and Africa use it. This project is trying to achieve something unique. Due to the volatility of cryptographic isolation, it is very difficult to use it in daily transactions and buy cheaper products. Thanks to this project, MenaPay will develop MenaCash. MenaCash is fully compatible with legal offers that eliminate price fluctuations and allow users to make daily transactions without worrying about the cost of money. 1 MenaCash will remain $ 1, as shown in the white document. This idea is similar to the idea of ​​Tether, with the only difference that MenaCash will be used in daily transactions, not just for trade. No one can deny that cryptographic space and market fluctuations are obstacles to the use of any digital currency for daily use
This is an innovative cryptocurrency solution: a step towards the recognition of high exchange rate codes, and I honestly believe that many other projects will depend on the ideas of the team. It’s time to take the initiative and change the dominant form of payment from the simplest, cheapest to the most expensive. Green Mining is another aspect that is different from other projects. With MenaPay Green Mining, you are trying to solve and solve other sensitive problems around the world, and many people who are against digital money are trying to take advantage of this situation. Excessive costs and energy damage to the environment and prevention of the widespread use of the crypto mining. In MenaPay, when the transaction is completed with a partner, you get 1 MenaCash. As a result, the production function of MenaCash is ecological and does not require electricity or energy, which makes this project ecological. In my opinion, the community must accept these projects in an encrypted space. It is very important that each team try to develop projects that make life easier for people who make payments using the digital currency. We can hope that in the future this is the leading project of MenaPay, which is used in many parts of the world, not only in the Middle East and Africa. All states in the world should be digitized and treated by blocking transactions and generating a safe situation to shield users from unstable and volatile market prices

The Token
The term of the new exchange is Mpay. In total, this structure will have 400 million tokens, of which 256 million will be sold. The token selling price is $ 0.165 per unit. The low commission is $ 5 million, the upper limit is $ 25 million. This project is registered in Dubai and is not prohibited anywhere. The exact date of sale is still unknown. However, according to information on the road map, sales are scheduled for November
How will distribute all the tokens
  • 64% will be sold
  • 16% of consultants and teams
  • 15% discount for marketing
  • reserve for 5% of production

Investment distribution

  • 10% commercial development
  • 15% operating and administrative costs
  • 30% of product and infrastructure development costs
  • 5% legal issues
  • and an additional 40% will be used for marketing


The Team
This project is not afraid to place all its employees on the network. This site has 40 board members and 24 working group members who have links to profiles on LinkedIn
The Project
They create new indicators of unclear corporate profits, which exceed normal strength for clients and financial motivation professionals
  • P2P exchanges
  • Associate to Merchant Payment
  • Merchant M2F to
  • Green Mining Foundation

In other related developments, this program is located in the region of North Africa and the Middle East. Thanks to the success of technology and the Blockchain ecosystem that is growing at a commendable level, many developments occur in different pockets of the world. The Middle East and North Africa are still isolated from the growth of the Blockchain. This region is a banking infrastructure that is not developed by Islamic law, which prohibits the interests of loans. As a result, in the GCC region, financial institutions under Sharia law account for around 1% of total assets worldwide. This region is also very fragmented with several currencies, which prohibits the integration of all regions in the market


How does it work?
This platform allows P2P transactions between users on the platform. Users can make purchases and pay suppliers for products through P2M payment options. This platform also provides payment options for M2F, where providers provide services and platform privileges. Users can convert markers from MenaPay to MetaCash using MenaPay. Means allow them to convert Metapay tokens into cash. The MenaPay platform provides a green line where users pay MenaPay MenaPay tokens for each transaction between users and providers on the platform
Benefits of MenaPay
  • This platform is based on decentralized blockchain technology that provides a safe and transparent user transaction environment
  • The MenaPay application allows you to withdraw money with the MenaCash Cryptocurency Here, users can delete MenaCash tokens through Dana MenaPay
  • It is well known that volatility with unstable costs from Crypto currencies makes MenaCash stable, supported by the US dollar, which will equal 1 to the MenaCash encrypted currency at any time


The Conclusion
MenaPay replaces traditional payment methods with block cipher and is fully compatible with providing a secure and transparent payment gateway for transactions in all aspects of everyday life. MenaPay focuses on the Middle East and North Africa to change the financial infrastructure of one of the richest regions in the world



Official Links for More Details

Official Website: https://www.menapay.io

Authour,
Twitter : rathnayake
Bitcointalk username : rathnayake
Facebook : nipuni rathnayake
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