What is MenaPay?
Menapay
is the first Islamic compliant blockchain platform. It is focused on
the Middle East and African regions and is a peer to peer, decentralized
platform. MenaPay offers an alternative for the Arab community, because
86% of the Arabic population in the Middle East and Africa don’t have
traditional bank accounts, meaning they have a lack of access to a
variety of financial services. Additionally, the Middle East and African
regions have poor banking structures and multiple currencies. MenaPay
seeks to offer a unified currency for the region that is compliant with
Islamic religious practices. MenaPay hopes to become the preferred
method of payment throughout the Middle East and Africa, and currently
is available to 420 million people throughout 18 countries.About Menapay ICO (token sale)
MenaPay ICO has been designed to comply with Islamic finance requirements. The MenaPay ICO Platform does not use or give interest, and proves this via witnesses thanks to the blockchain technology. The MenaPay ICO Platform shares the revenue of the platform with the MenaPay ICO Token Holders in accordance with Islamic finance approach. As a result of this structure, MenaPay ICO is expected to help the digital transformation of the region.MenaPay ICO has its own stable coin “MenaCash” which is designed to be used in any online and offline transactions for the intention of daily usage. MenaCash has a stable 1 US Dollar value which is warranted by the same amount of USD kept in multiple banks as fiat currency equal to the amount of MenaCash in circulation. MenaCash solves one of the huge problems to use cryptocurrencies in daily life for users; fluctuation. The main objective of the project is to make it possible, easy and secure to transfer money for each and every user by using the advantages of today’s high–end technology, which is a requirement of the new digitized world.
As you can see in the following parts; it is obvious that there is a need in MENA region for a revolutionary payment system which can solve many problems that current old-fashioned banking system brings; such as security, difficult transaction process, highly expensive transaction fees, and yet a system that complies with Islamic beliefs.
MenaPay’s ICO products are also designed with excellent Arabic user interfaces, advanced data tools for both users and merchants to disrupt not only cash dependent payment system but also oldfashioned banking tools.
MENAPAY ICO AND TOKEN
The
initial coin offering of the Menapay platform is a very interesting
one. It is broad in scope with a focus on a specific geographical
location — Africa and the Middle East. The project aims to be the
payment platform for over 420 Million people spread across 18 countries
in that location. It is a purely Islamic Compliant digital approach
non-banking system.
With the MenaPay tokens, users will enjoy advantages like:
Access to mobile and desktop wallets
Three-quarter of the revenue will be shared among holders of the Menapay tokens
A safe, transparent and pretty affordable payment system across countries.
Face identification and verification for safe transactions
A purely Islamic platform
The Menapay token will be the ERC 20 type. It is with this token that the public will have access to the ICO sales as well as revenue from the Menapay platform. It will be based on the Ethereum network. All the transactions on the system will be accessible so as to build trust among the prospects, users, and merchants.
With the MenaPay tokens, users will enjoy advantages like:
Access to mobile and desktop wallets
Three-quarter of the revenue will be shared among holders of the Menapay tokens
A safe, transparent and pretty affordable payment system across countries.
Face identification and verification for safe transactions
A purely Islamic platform
The Menapay token will be the ERC 20 type. It is with this token that the public will have access to the ICO sales as well as revenue from the Menapay platform. It will be based on the Ethereum network. All the transactions on the system will be accessible so as to build trust among the prospects, users, and merchants.
The Team
Official links for more details
Website Link : https://www.menapay.io
Whitepaper Link : https://menapay.docsend.com/view/pwjr8rt
Onepager Link : https://www.menapay.io/onepager.pdf
Twitter Link : https://twitter.com/menapayio
Telegram Link : https://t.me/MenaPay
ANN Threads Link : https://bitcointalk.org/index.php?topic=4884588.0
Facebook Link: https://www.facebook.com/menapayio
Youtube Link: https://www.youtube.com/channel/UC56eU1zaQh2S8k7TB4S2RjA
Medium Link: https://medium.com/menapay
AUTHOR
Bitcointalk id: johurullove
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1971109
ETH address: 0xc6269983a80B2b34b3937A2e1bf0525FB6070530
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