As you know, the Middle East and North Africa region is the region where the Muslim people live intensively.
Most of the people in the region, which has quite traditionalist state structures, are conservative Islamists. In other words, it tries to protect the human relations and economic processes of the first period of Islam.
And again Muslims know that one of the biggest prohibitions of Islamic doctrine is the ban on interest. This situation has seriously prevented the development of banking activities in the region. The public, who counted the banking revenues as haram, did not relate to any banks or hesitated to take action if they had a record.
86% of the total 420 million people living in this region, called the Mena region, do not use banks. This means financial space of 420 million, which is a very serious potential. However, the financial system to be created here definitely needs an arrangement that will not generate interest income.
The MenaPay Project was born from this need and is one of the aims of the region to be developed in the financial field. Although there are very fragmented country structures in the region, the language generally used is Arabic.
Starting from the common language unity, MenaPay has reached a common currency concept. First of all, the smart contracts provided by blockchain technology are compatible with Islamic economic life philosophy.
This was effective in the use of blockchain technology during the birth of the MenaPay process. The founder of MenaPay also believes in the need to use a common currency in the Arabic-speaking region, such as the common religion.
# MenaPay NASIL ÇALIŞACAK?
The developers of the project have set a new standard that includes participatory returns to support users and investors on a regular basis. P2P transactions with MenaPay, P2M (Per to Merchant) payments, M2F (Merchant to Foundation) payments and Green Mining operations can be made for merchants. As you can see here, the MenaPay foundation will be a support institution to support and support the system.
The developers of the project have set a new standard that includes participatory returns to support users and investors on a regular basis. P2P transactions with MenaPay, P2M (Per to Merchant) payments, M2F (Merchant to Foundation) payments and Green Mining operations can be made for merchants. As you can see here, the MenaPay foundation will be a support institution to support and support the system.
Technically speaking, the MenaPay project has the capabilities of blockchain technology;
PeertoPeer Transactions
P2m The Peer to Merchant Payments aims to develop Green Mining operations for the
Merchant to Foundation
.
# MenaPay TOKEN ECONOMICS:
PeertoPeer Transactions
P2m The Peer to Merchant Payments aims to develop Green Mining operations for the
Merchant to Foundation
.
# MenaPay TOKEN ECONOMICS:
MenaPay has 2 tokens that collect the ecosystem. MenaCASH will always be equated to the American dollar and will be constantly funded to maintain that balance.
Because the smart and transparent contracts offered by the MenaPay blockchain application will reduce transaction costs with inexpensive transactions, you think that this incentive will spread the use of menaCASH.
Other digital money of the project The grants and grants collected with MenaPAY will be spent for the establishment and development of the system.
MenaPAY Token will be used to collect funds from the ICO. 75% of the income to be obtained from this Token will also work as the internal money of the MenaPAY platform to be transferred to MenaCASH, the second Token.
Total Supply - 400,000.000Mpay
Token Sales - 256.000.000Mpay
Estimated ICO price - $ 0.165
Soft-Cap - $ 5 million
Hard-Cap - 25.000.000 $
TOKEN DAĞITIMI
% 64 of the public contribution is allocated to
16 %
USING FUNDS
5% of the work allocated to business development is allocated to
10%.
15% Operation and Administration allocated
30
% Development allocated to 30 % Infrastructure
% 64 of the public contribution is allocated to
16 %
USING FUNDS
5% of the work allocated to business development is allocated to
10%.
15% Operation and Administration allocated
30
% Development allocated to 30 % Infrastructure
ROAD MAP
TEAM INFORMATION:
CONSULTANTS:
BRIEFLY:
The MenaPay project has provided financial solutions to 420 million potential customers in accordance with Islamic requirements.
The MenaPay project has provided financial solutions to 420 million potential customers in accordance with Islamic requirements.
The ultimate goal is to develop the arabic-speaking community together and to enrich their economic activities.
They set out with the ideal of bringing joint money to the complementary nature of the audience as a common language. In the meantime,
MenaPay developers have a very user-friendly interface to their applications, taking into account the digital world of the community they are addressing, and the traditional way away from financial transactions, so you can imagine how much convenience it will provide to its users.
I am already convinced that with its successful developer team and strong consultant staff, it will create appropriate conditions for the Islamic view. Our links are listed below for those who are considering investing or who decide to support MenaPay Foundation for this ideal. I wish you all the best.
Bitcoin Talk User name: bungasakura5
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2204918
Eth : 0x44808C2EA67D20E350574259A16BC36F81d8BebD
USEFUL LINKS:
Website: https://www.menapay.io/
Whitepaper: https://www.menapay.io/whitepaper_en.pdf
Onepager: https://www.menapay.io/onepager.pdf
Telegram: https: //t.me/MenaPay
Instagram: https://www.instagram.com/menapay
Ann Topics: https://bitcointalk.org/index.php?topic=
Facebook: https://www.facebook.com/menapayio
Twitter: https://twitter.com/menapayio
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