MenaPay –Crypto Payment Solution to Middle East and North African Region
apritiaraIntroduction of ManaPay
The MenaPay project was started in November 2017 to serve 420 million people, across 18 countries, as their primary payment method. ManaPay will create a new standard in crypto industry for the level of participatory returns, beyond the regular incentives for users and investors.ManaPay is the gateway of the Middle East and Africa.This will be provide a secure and transparent payment gateway to enable transactions for every aspect of daily life and Manapay will replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. They will distribute 75% of total revenue and profit amongst holders of MenaPay.
Menapay backed by USDs would change that as 1 Menacash would constantly be equal to 1 USD, this linking of Menacash to the USD would solve the problem of volatility faced by traditional cryptocurrencies and can easily be withdrawal to fiat at any given time by customers and merchants through the Menapay foundation and this would be the currency for transactions on the Manapay platform. Transaction on the Menapay platform would flow from customer to Menapay then to the merchant and vice versa. Menapay also brings easy-to-use and secure solutions such as desktop and mobile wallets, integration APIs and SDKs, reporting and a management dashboard for merchants, Arabic user interfaces. Middle East and Africa region not use in traditional banking tools because of conservative practice of Islam and the poor banking system. MenaPay's will Support them to provide easy and quick onboarding Mobile Payment App and Arabic Language to use safely and enter the cryptocurrency world with Non-Bank and User-Friendly .
User-friendly Dashboard
Application Market for easy integration
Problem
Middle East and Africa Region not used Regular banking tools.
They have poor banking system due to conservative practice of Islam .
The region also has a very fragmented
structure with multiple currencies.
Solutions
P2P Transactions
P2M Peer to Merchant Payments
M2F Merchant to Foundation
Green Mining
Payment Processing
Traditional payment Processing
Customer
Issuing bank
Payment gateway
Credit Card association
Payment processor
Acquiring bank
Merchant
MenaPay Processing
Manapay have a short processing system.
Customer
Manapay
Mechant
Token
400 Million MenaPay Tokens will be generated and 64% of the coins will belong to the community.
Tokens To Issue: 400M Mpay
Tokens For Sale: 256M Mpay
Estimated ICO Price: $0,165
Target Soft Cap: $5M
Target Hard Cap: $25M
Token Standard: ERC-20
Unsold tokens will be burned
Token Distribution
Public Contributors 64%
Team Advisors 16%
Marketing Bounty 15%
Mining Reserve 5%
Road Map
2018
1st Round Capital Team Building
FEB / 2018
Product Development Start Tokenomics
APR / 2018
Draft White Paper Roadshow
MAY / 2018
ICO Website Live Foundation Establishment
JUN / 2018
Mena Cash Transaction Tests
AUG / 2018
Mobile App Beta Test Ready API & SDK
SEP / 2018
Mobile Payment Apps Grand Launch Merchant Tools Launch
OCT / 2018
Public Token Sale (ICO)
NOV / 2018
Listing on one of the top 10 Exchanges
DEC / 2018
2019
50 Merchant Integration (LOI Signed)
JAN / 2019
New Security Feature: Face Recognition
APR / 2019
Reaching 5 Million MenaPay Users
MAY / 2019
500 Merchant Integration
JUN / 2019
Reaching 5 Offices in MENA Countries
AUG / 2019
Up to 10 Languages Support for MenaPay Merchant Network
SEP / 2019
Parental Control for Family Accounts
OCT / 2019
MenaPay in Asian Countries and reaching 1.000 Merchants
NOV / 2019
Advanced AI Features: P2P Lending Payment Installment
DEC / 2019
MenaPay Interview with Oğuzhan Öztürk
In facilitate improvements the usage of this program is the North Africa and Middle East districts. With innovation progressing and the whole Blockchain environment developing at an estimable pace, a great part of the improvement happens in a few pockets of the world. The Middle East and North Africa have so far stayed disengaged from development on the Blockchain. This district is under the saving money framework that was produced because of Islamic Sharia law which forbids enthusiasm on advances. Accordingly, the GCC locale has sharia-agreeable money related foundations that speak to around 1% of the world's aggregate resources. This area likewise has an extremely divided with different monetary forms that have prohibited the incorporation of all districts into one market.
Onepager: https://www.menapay.io/onepager.pdf
Facebook: https://www.facebook.com/menapayio
Twitter: https://twitter.com/menapayio
Telegram: https://t.me/MenaPay
Instagram: https://www.instagram.com/menapay
Ann Threads: https://bitcointalk.org/index.php?topic=4884588
Author by: Apri222
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