MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and Africa. Menapay ICO rating – 81
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Active ICO : 15/01/19 – 15/05/19
Roadmap: 8/10 Legal: 2/5 ICO terms: 3/5
Team: 18/20 Token applying: 4/5 Promotion: 17/20
Rank in IN – 110438, Rank in TR – 40337, Rank in UA – 172775
About Menapay ICO (token sale)
MenaPay ICO has been designed to comply with Islamic finance requirements. The MenaPay ICO Platform does not use or give interest, and proves this via witnesses thanks to the blockchain technology. The MenaPay ICO Platform shares the revenue of the platform with the MenaPay ICO Token Holders in accordance with Islamic finance approach. As a result of this structure, MenaPay ICO is expected to help the digital transformation of the region.
MenaPay ICO has its own stable coin “MenaCash” which is designed to be used in any online and offline transactions for the intention of daily usage. MenaCash has a stable 1 US Dollar value which is warranted by the same amount of USD kept in multiple banks as fiat currency equal to the amount of MenaCash in circulation. MenaCash solves one of the huge problems to use cryptocurrencies in daily life for users; fluctuation. The main objective of the project is to make it possible, easy and secure to transfer money for each and every user by using the advantages of today’s high–end technology, which is a requirement of the new digitized world.
As you can see in the following parts; it is obvious that there is a need in MENA region for a revolutionary payment system which can solve many problems that current old-fashioned banking system brings; such as security, difficult transaction process, highly expensive transaction fees, and yet a system that complies with Islamic beliefs.
MenaPay’s ICO products are also designed with excellent Arabic user interfaces, advanced data tools for both users and merchants to disrupt not only cash dependent payment system but also oldfashioned banking tools.
The region is our first priority as MENA does not have a similar non – bank payment system. Just like any other revolutionary dynamic; technology grows with the power of people who believe in it.
Developing the MenaPay ICO Platform with community support is the futuristic way of finding the opinion leaders and securing necessary funds.
Initial Coin Offering (ICO) Details and Timeline
While creating MENA region’s first blockchain based common payment system, MenaPay Foundation will collect the necessary funds with an ICO, which is a safe and innovative way of fundraising.
Total Number of Tokens 400 Million
Tokens Available 256 Million ( 64%)
Soft Cap $5 Million
Hard Cap $25 Million
Payments Method Accepted ETH,BTC,LTC,BCH,WAVES,USD,EURO,WON
Token Format Ethereum ERC-20 Standard