MENSARII WORLD’S FIRST EVER CRYPTOCURRENCY CREDIT UNION
ABOUT MENSARII
Mensarii is a decentralized platform that aims to help consumers and merchants overcome the obstacles of a traditional banking industry. With a blockchain validated system, the inbuilt error and malfeasance of old-fashioned bank processing can finally become a thing of the past. A blockchain validated system provides inherent protection against fraud and is a haven for transparent payment processing. Mensarii is designed to eliminate money-skimming in the form of hidden fees and charges so commonly practiced within banking and credit card institutions worldwide. Through smart contracts and democratic voting, Mensarii is controlled by the community that it serves. Members will determine updated implementations to keep up with or stay ahead of an evolving global economy. At Mensarii, the future of banking is within reach — and in your hands
PAYMENTS CARD
We offer all members a prepaid credit card fundable using cryptocurrency and accepted at merchants worldwide.
MEMBER BENEFITS
MENSARII BENEFITS THAT CONSUMERS GET:
No-Fee Free Lifetime Account (Gas Fees Can Apply)
Free Union Membership
DAO Democracy
No Monthly Account Fees
Credit Cards
Community Probate Services (ID Recovery in Case of Unexpected Death)
Account Proof Letters (Account in Good Standing Letter, Account Verification, Proof of Funds Letter, Length of Accounts Letters, Sponsoring Letters, Bank Confirmation Letter)
Free Block Union Services on ETH Block
HOW IT WORKS?
Mensarii is simple. It utilizes a decentralized cryptocurrency platform interacting with the Ethereum blockchain to settle all of your payment processes.
This includes Visa, Mastercard, Check 21, ACH, SEPA, Foreign Exchange, BOJ-NET FTS, China Union Pay, ETH, LTC, BTC and countless other payment methods.
All processes are validated and bound to a decentralized blockchain that cannot be manipulated — creating a safe and fully-transparent marketplace for consumers and merchants worldwide.
HOW DECENTRALIZED PAYMENT PROCESSING SERVES YOU?
HASSLE-FREE FRAUD PROTECTION
Eliminate High & Hidden Rates
Visibility of Cardrunner Activity
Publicity of Fraud
Control of Auto Billing
Reduction of Delayed Payouts
Public Visibility of Fake Accounts
Public Scrutiny of Fraudulent Billings
Limited Volume Capabilities
Reduction of Customer-Friendly Fraud
No More Stolen Reserves
Transaction Accountability
24/7 Community Support
Chargebacks Handled via Transparent Smart Contracts Tied to Global ID
Customer Protection
Financial Institution Protection
Customer and Merchant Fund Protection
End Card Running
End Transactional Laundering
Build Customer Confidence
TOKEN
Mensarii (Mii) token is used to provide a discount on fees on the Mensarii (Mii) platform. The amount of discount shall be 50% using Mensarii (Mii). The aim is to provide 50% discount for the fees for contributors when using Mensarii (Mii).
The total token supply is 2,000,000,000 (two billion), which a total of 1,100,000,000 (one billion and one hundred thousand), Mensarii (Mii) will be released for sale. Additionally, 400,000,000 Mensarii (Mii) will be held for the development fund to incentivize the development team and to recruit more talent for Mensarii.
TOKEN ALLOCATION
Most of the tokens are allocated for further development of the DAPP, either on core technological development or Marketing. Mensarii provides the following token allocation based on needs for an application that Mensarii is developing:
55% Public Fundraiser Mii (ICO token Sale)
20% Core Development (Vesting)
10% Founders (Vesting)
10% Reserves
3% Advisory (Vesting)
2% Bounty
FUND ALLOCATION
The proceeds of the Mii token sale Fund Allocation is subject to change but will be used for development of our technology. Mensarii will use best practices on funds allocation and its own discretion.
25%: Team Core System Development
25%: Promotions and Marketing (promotions of the union and token such as token listings fees)
20%: Management, Legal & Auditing.
20%: Payment Processing ID Dev team
10%: Maintained Reserves and capital for the cryptocurrency union operations. Integrations of MasterCard Europe, ACH, Visa Europe, Union Pay International and JCB & deposits with providers
ROADMAP
Q1 2017
Start of Decentralizing payment processing
Q1 2018
White Paper on Decentralized payment processing
Q2 2018
Creating an entity for Token Sale
Mensarii Token Sale
Q3 2018
Signed agreement with Tribe
Creation of Tribal cryptocurrency Credit Union sovereign governance
Promoting to get Mensarii token on Exchanges
contracts pending
Major News Release – Signing of numerous Tribal Casino
Q4 2018
Launch of Credit Union Portal with member services.
Q1 2019
Full MVP release
Q3 2019
Decentralized payment processing gateway
Q3-Q4 2019
Mass Marketing Blitz
Q2 2020
Vesting for Mensarii Ends
Q3 2020
Democracy voting
CORE TEAM
Bernie Pollard : Head of North American Operations, Native American Affairs
Yongping ‘Doug’ Luo: Core Developer
Jason McKinley: Core Developer, Director of Software Development
Arash Kiani UK – Advisory
Tomas Yi – Compliance Advisor
Michael (Mike) Biggs UK: Core Developer – Infrastructure & Security
Ahmad Alokush: Advisory
Bryan Maille: Head of Design
TECHNOLOGY TEAM
Leanna Decker: Influencer, Social Media Expert
Chad Edward Elie, Founder
MORE INFORMATION FOLLOW LINK BELLOW:
Website: https://www.mensarii.io/
Whitepaper: https://docs.google.com/document/d/1Mjkgld4KH3cf2LvzpKYTs5gRbd4iSu6-PAEk2l1K1kY/edit#heading=h.p08novl6d3ua
Telegram: https://t.me/Mensarii_ICO
Facebook: https://www.facebook.com/Mensarii
Twitter: https://twitter.com/mensarii_io
Author : meisya natalia
Bitcointalk profile:https://bitcointalk.org/index.php?action=profile;u=1917111;sa=summary