MenaPay

The MenaPay team claim that their product has been developed to comply with the Islamic financial requirements. The MenaPay solution will integrate a stable coin called MenaCash that will be employed for all transactions and payments within the ecosystem. MenaPay envisages the following functionality: P2P transactions, P2M (peer-to-merchant) payments, M2F (merchant -to-foundation) payments to convert MenaCash into fiat currency, green mining. The MenaPay team is also issuing a MenaPay token (MPAY) that is used to distribute the platform’s revenue among token holders. The share will depend on the number of MenaPay tokens in the token holder’s wallet.

6,0

6,0

Analyst Rating

N/A

Investor Rating

N/A

Details

Sector:

Computing & Data Storage


Soft Cap:

5000000


Hard Cap

25000000


Token Distribution:

65% - Contributors
11% - Advisors & Partnerships
10% - Founders & Team
10% - Bounty & Airdrops
5% - Mining Reserve

The algorithm rating is calculated on the basis of many questions relating to the economic, corporate, IT and commercial aspects of cryptoassets.

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