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Menapay (MPAY)

ICO starts
15.01.2019 00:00
ICO ends
15.03.2019 23:50
Token
MPAY
Base
Ethereum
Category
Financial Services
Country
United Arab Emirates

Features

MenaPay is the first blockchain based non-bank digital payment gateway for building the biggest cashless society in the world. It focuses on the MENA region primarily.

MenaPay allows users to transfer money within daily life in a secure, fast and decentralized way.

MenaPay focuses on MENA as its primary market. It is fully compliant with Islamic finance rules which are very important in the region to provide a convenient and trustable digital payment solution. Blockchain technology meets the requirements of Islamic finance rules about money transactions between parties and earnings from the investments.

Three major statements in Islam are highly important in the region: Interest is prohibited. People can not generate profit via interest.
There should be at least 2 witnesses to approve any debt transaction between 2 parties. Earning money via money is allowed if and only if people invest in a real working business and/or asset.

ICO Details

Token Sales

Price in ICO: 1 MPAY = 0.165 USD

Soft cap: 5,000,000 USD
Hard cap: 25,000,000 USD
Tokens for sale: 256,000,000

Token

Restricted areas: USA

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

Funds allocation:
40% - Marketing
30% - Development & Infrastructure
15% - Operations & Administration
10% - Business Development
5% - Legal

Bounty campaign

Available

Accepts

ETH, BTC, LTC, BCH, Fiat

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