💰💰💰Analyzing MenaPay project - Make transactions for every aspect of life💰💰💰

In principle, menapay is a payment gateway that can effectively replace old payment methods using a secure cryptographic based on an intelligent ERC-20 contract.
According to their telegram chat ( https://t.me/MenaPay ), they develop their own chain, called Menachain, for a faster transaction.

Here is their ICO structure. As you can see, 64% of tokens will be reserved for ico. that is really great. 10% are reserved for Bounty & Airdrops. Another 10% is reserved for founders and partnerships, and 11% will be reserved for consultants and partners. (Use of funds) You should be wondering how they will use their funds, so 5% is reserved for Legal. 10% is reserved for business and development. 15% reserved for operation and administration. For the development and marketing department, 30% is reserved. 40% reserved for marketing.
Where will it be used?

The Menapay project began in November 2017, and its goal is to create a payment gateway in the Middle East and Africa. But in these regions, because of the old banking system and the conservative practice of Islam, the region has several currencies. Well, here's the menapay brigs - solving this problem using technology blockchain. Customers will be able to choose the optimal currency for themselves and unhindered, safely execute the necessary transaction.



Solution to existing problems

If you are reading this article, you must have a basic knowledge of how the crypto currency works and how varied this market is. Cryptographic volatility is a major issue that needs to be taken into account. 

It is very difficult for newcomers to plunge into the world of cryptography and understand the peculiarities of the functioning of such services. Menapay provides 100% proven decentralized solution for those tired of centralized, vulnerable and slow banking services. 

Now the transactions will become more secure and fast. 1 menacash will always be $ 1. Therefore, people do not need to worry about volatility. Menapay will also have its own desktop and mobile purse. That allows you to quickly access your finances, execute any necessary transactions extremely quickly and accurately.



Up to $ 1 billion by 2019

The project's developers immediately expressed their ambition - they are going to become a really significant player in the segment of cryptography. Thus, they have a big goal to reach 1 billion market capitalization by mid-2019. 

According to their data, in order to achieve this ambitious goal, they will reach up to 5 million active users through their premium sales campaigns and strong local marketing. They also create an autonomous reseller network to provide easy access to the crypto foreign exchange world.

They have already raised $ 1 million from 50 investors + Bogazici Ventures as initial funding through the sale of tokens. Currently, active work is underway to attract large investors for further development of the project.

What really liked this project?



Excellent project with ambitious goal;
An experienced team to achieve this goal;
Payment gateway on the blockade;
Sharing 75% of total revenue and profits among menapay owners will definitely appeal to users;
They will add security features such as identity recognition for security. This identification will protect users from fraudsters;
The construction of an autonomous reseller so that people can freely become part of the crypto-exchange world and strong marketing;
In addition to any current available crypto currency, you can buy a token by bank transfer and credit card. Use of fitness products is supported by the service.
In general, such an exchanger is a really interesting and promising project.

Road map

The launch of the application, all systems is planned for September, and the main sales will be held later - in November. In January 2019, the merchant will be connected. In April, it is planned to launch face recognition technology for an additional level of transaction security. And, in May the project plans to reach 5 million users! In June, the overall market of the system should reach the level of $ 1 billion. In December, the company will launch P2P lending opportunities and include AI in the work.

Command

The project was not afraid to put all its employees on the network. The website lists 40 board members and 24 members of the working group, all of whom have links to profiles in Linkedin.

Conclusion

The company is based in Dubai (UAE), one of the richest cities in the world. A large team of experienced specialists is working on its creation. It is too early to draw conclusions whether the company will succeed in achieving its goals, conducting sales will only take a few months. However, the high potential of the project is obvious.

Website: https://www.menapay.io/
Presentation: https://www.menapay.io/onepager.pdf

Twitter: https://twitter.com/menapayio
Facebook: https://www.facebook.com/menapayio
Telegram: https://t.me/MenaPay
Medium: https://medium.com/menapay
Bitcointalk: https: //bitcointalk.org/index.php?topic=4884588.0
Youtube: https://www.youtube.com/channel/UC56eU1zaQh2S8k7TB4S2RjA
Instagram: https://www.instagram.com/menapay/

Author Information: 

Username : bungasakura5
My profile on bitcointalk - https://bitcointalk.org/index.php?action=profile;u=2204918
My ERC20 Wallet - 0x44808C2EA67D20E350574259A16BC36F81d8BebD