The MenaPay Dual Coin System Is The Smartest Plan In Existence And Should Bring The Adoption Everyone Wants

The stable cryptocurrency “MenaCash” will work via a private blockchain solution to eliminate volatility and to assure transactions faster than old-fashioned financial instruments, such as credit and debit cards. The tradeable MenaPay token will utilize ERC20 and will be used to distribute the majority of the revenue and profit of the MenaPay platform and will be available for crowd sale.

Cryptocurrencies cannot be used in daily life transactions because of their price fluctuations and cash-out concerns. MenaCash, which is 100% backed by USDs, will be used as the currency for transactions under the MenaPay platform.
1 MenaCash will always be equal to 1 USD and merchants will be able to make cash-outs from the MenaPay foundation. MenaPay also brings easy-to-use solutions such as desktop and mobile wallets, integration APIs and SDKs, reporting and a management dashboard for merchants, all with Arabic user interfaces.

They will do this by onboarding premium merchants who are offering special discounts only for MenaPay. The already have 50 large merchants signed up and the goal on the roadmap is 500 in the months the following launch. Reaching 5 million active users thanks to premium merchant campaigns and strong local marketing. Building an offline reseller network to allow easy entry to the cryptocurrency world. Acquiring the support of influential creators in the region, such as women in the tech industry, politicians, artists, and social entrepreneurs.

By: Babylontreker