MENAPAY Alternative Traditional Payment Solutions

nesa1998 (12)in #cryptocreativity • 6 years ago

OFFICIAL YOUTUBE PRESENTATION

ABOUT MENAPAY

MenaPay lets in customers to switch coins at periods way of life in a very comfortable, quick and redistributed approach.

MenaPay makes a speciality of MENA as its primary market. it's absolutely compliant with Islamic finance rules that ar essential within the region to supply a convenient and trustable virtual payment decision. Blockchain technology meets the wants of Islamic finance guidelines concerning coins transactions among parties and earnings from the investments.

three fundamental statements in Islam ar extraordinarily critical within the region: interest is illegitimate. individuals can not generate profit thru interest.

There should be at the very least witnesses to approve any debt dealings between two parties. earning cash via cash is permitted if and furnished that people invest in a completely real operating enterprise and/or fine.

INTRODUCTION

MenaPay is the first Blockchain based totally price gateway in the center East and North African (MENA) location. basically, they're changing the conventional payment techniques with the assist of blockchain generation that's backed by cryptocurrency. they're offering more comfortable and transparent fee gateway in which to permit every transaction from day by day lifestyles. they're also offering new popular offerings inside the crypto marketplace that is past the everyday incentives for customers and investors. The services are P2P Transactions, P2M Peer to service provider payments, M2F merchant to foundation and inexperienced Mining.

PROBLEM

the main problem is within the traditional fee machine which requires too many intermediaries. The clients and traders should undergo the bank system within the traditional technique of payment where now and again charging charge is higher and it takes a number of time to complete the fee process. As per the, center East and Africa area, they're now not the use of normal banking tools due to having negative banking system and they have also damage into the a couple of currencies. other problem is wherein cryptocurrencies can't be utilized in each day existence transactions because of their price fluctuations.

SOLUTION

the answer where MenaPay is provide you with their blockchain primarily based payment gateway. they're removing intermediaries with the aid of connecting clients directly with the merchants for a frictionless and truthful transactions. MenaPay are imparting 100% Islamic, virtual solution with the assist of blockchain era to create single forex for use in normal transactions. in addition they provide solution with clean-to-use computer and cell wallets with Arabic person interfaces.

Token Matrix

Token – MENA
Total Supply – 400 Million MENA
Price – $0.165 USD
Soft Cap – $5M USD
Hard Cap – $25M USD
ICO Date – November 2018

Verdict

The Social Media hype is low, but they're active on their Telegram institution.
The website is well-defined in element and clean to understand the project. currently, the Whitepaper isn't available.
There are 25 members in an govt team who are having revel in of working in software program, IT, UX/UI development, advertising, PR, content Writing, Finance and many others. Few of them are having Blockchain revel in.
they have got 8 advisors on board who are having understanding in advertising, IT, software, Designing, Finance and so forth. they're also lacking in blockchain revel in.
The Roadmap is properly-framed on the internet site with their milestones till 2019. presently, MVP is not available but will be launching in September 2018. The ICO might be starting in November 2018.
they've partnered with Aslanoba Capital, Altana Wealth Ltd, Bogazici Ventures, Gedik funding and S4Mining.

WEBSITE :https://www.coinfast.io/

WHITEPAPER:https://coinfast.io/documents/Whitepaper_EN.pdf

FACEBOOK:https://www.facebook.com/coinfast.io/

Medium:https://medium.com/@coinfast.io

TWITTER:https://twitter.com/coinfast_io

TELEGRAM:https://telegram.me/CoinFastOffical

bitcoin:https://bitcointalk.org/index.php?topic=4072137.0

Reddit:https://github.com/CoinFast