mandibleclaw
Member
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Activity: 532
Merit: 50
ONe Social Network.
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November 04, 2018, 01:55:35 PM |
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Are you planning to keep as ERC token or going to be own blockchain? also when we can see MVP?
Correct me if I'm wrong, they want to run on their own blockchain, Menachain, which it will be a byzantine fault tolerance consensus type chain. Instead they will issue their (dividend?) token on Ethereum |
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Makkara
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November 04, 2018, 02:12:08 PM |
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Are you planning to keep as ERC token or going to be own blockchain? also when we can see MVP?
Correct me if I'm wrong, they want to run on their own blockchain, Menachain, which it will be a byzantine fault tolerance consensus type chain. Instead they will issue their (dividend?) token on Ethereum This could be a good idea since with ethereum smart contracts it quote easy then pay out dividends or make automated operations based on the token holders. Problem is i don't see many questions answered from the team, will anybody step up in here? |
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cevap
Member
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Activity: 490
Merit: 10
www.Zercados.com
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November 04, 2018, 03:21:58 PM |
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Are you planning to keep as ERC token or going to be own blockchain? also when we can see MVP?
Correct me if I'm wrong, they want to run on their own blockchain, Menachain, which it will be a byzantine fault tolerance consensus type chain. Instead they will issue their (dividend?) token on Ethereum This could be a good idea since with ethereum smart contracts it quote easy then pay out dividends or make automated operations based on the token holders. Problem is i don't see many questions answered from the team, will anybody step up in here? So u will get dividends from holding tokens on menachain and their ERC token or just the on on menachain? It is a little bit confusing so if someone studied whitepaper thoroughly, please answer. |
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belechau
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November 04, 2018, 03:59:22 PM |
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I still look for Menapay's differentials from its competitors. How does it differ in its functionality and dust should I invest in this? Because in the payments segment I did not have much success in the previous investments keys or the projects did not have continuity
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omwibya
Member
Offline
Activity: 434
Merit: 10
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November 04, 2018, 04:06:02 PM |
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Are you planning to keep as ERC token or going to be own blockchain? also when we can see MVP?
Correct me if I'm wrong, they want to run on their own blockchain, Menachain, which it will be a byzantine fault tolerance consensus type chain. Instead they will issue their (dividend?) token on Ethereum This could be a good idea since with ethereum smart contracts it quote easy then pay out dividends or make automated operations based on the token holders. Problem is i don't see many questions answered from the team, will anybody step up in here? yeah but will they replicate every feature of ethereum? will the blockchain have smart contracts? |
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nobytes
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November 04, 2018, 04:25:30 PM |
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How do you get non-banked people suddenly to come into crypto? Wouldn't they need bank accounts to buy bitcoin or transfer fiat-money to you?
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Felipeo
Sr. Member
Offline
Activity: 476
Merit: 262
EOSABC
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November 04, 2018, 07:06:08 PM |
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How do you get non-banked people suddenly to come into crypto? Wouldn't they need bank accounts to buy bitcoin or transfer fiat-money to you?
Bank accounts are must otherwise its impossible to convert your fiat to crypto. That is a fundamental issue and there are still lots of people who dont have a basic bank account to convert their money. |
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nobytes
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November 04, 2018, 08:09:57 PM |
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You have a large team, i am planning to take a deep dive into the linkedin profiles next to study some backgrounds.
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matjas
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November 04, 2018, 09:13:20 PM |
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How do you get non-banked people suddenly to come into crypto? Wouldn't they need bank accounts to buy bitcoin or transfer fiat-money to you?
Bank accounts are must otherwise its impossible to convert your fiat to crypto. That is a fundamental issue and there are still lots of people who dont have a basic bank account to convert their money. There are a lot of other options to buy crypto not using a bank transfer such as bitcoin ATMs or local shops. We can even buy bitcoin on every gas station in my country. |
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aveon
Member
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Activity: 434
Merit: 10
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November 04, 2018, 11:52:18 PM |
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I hope MenaPay will become the de facto payment platform in that region which could offer services at par with other major international competitors.
If they will return to the general ideo of crypto - than yes, they would have a chance to succeed. |
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yayat
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November 05, 2018, 05:17:43 AM |
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What dividends you mean? They offering dividends from payment platform profit? And if you will have dividends, thats mean that they have security tokens?
To my knowledge yes. Yet they are claiming the Menapay token to be an utility token. I am either missing something or it's going to be a security token. May I ask and you can explain to me. What are the differences between Utility tokens and security tokens? Sorry before because I don't understand about this coin. |
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jonnytracker
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November 05, 2018, 06:23:26 AM |
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What dividends you mean? They offering dividends from payment platform profit? And if you will have dividends, thats mean that they have security tokens?
To my knowledge yes. Yet they are claiming the Menapay token to be an utility token. I am either missing something or it's going to be a security token. May I ask and you can explain to me. What are the differences between Utility tokens and security tokens? Sorry before because I don't understand about this coin. I would like to know this too, not in technical terms but for a noob to understand |
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levyashin
Sr. Member
Offline
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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November 05, 2018, 07:05:06 AM |
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What dividends you mean? They offering dividends from payment platform profit? And if you will have dividends, thats mean that they have security tokens?
To my knowledge yes. Yet they are claiming the Menapay token to be an utility token. I am either missing something or it's going to be a security token. May I ask and you can explain to me. What are the differences between Utility tokens and security tokens? Sorry before because I don't understand about this coin. Utility token means it is a payment method in the ecosystem, but that won't give you any right on profit. Security token means you have a share of the profit. Not a payment method in the ecosystem. |
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akhat_omo
Jr. Member
Offline
Activity: 182
Merit: 2
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November 05, 2018, 07:37:27 AM |
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What will happen to the unsold tokens if there will any? Will they be burned?
All unsold tokens will be burnt... I couldn't have uploaded a picture but I am restricted by bitcointalk... Well you can visit menapay.io for more information... |
https://OMNITY.io/ico
Knowledge, connected.
Unifying Knowledge For Faster Insight. |
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akhat_omo
Jr. Member
Offline
Activity: 182
Merit: 2
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November 05, 2018, 07:38:55 AM |
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When is the new Ico date?
Our Ico starts in February 2019.. You can check out our website Menapay.io |
https://OMNITY.io/ico
Knowledge, connected.
Unifying Knowledge For Faster Insight. |
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levyashin
Sr. Member
Offline
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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November 05, 2018, 09:50:14 AM |
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What will happen to the unsold tokens if there will any? Will they be burned?
All unsold tokens will be burnt... I couldn't have uploaded a picture but I am restricted by bitcointalk... Well you can visit menapay.io for more information... I think you should pay a little money and get a copper member. It is around 13$ right now. You can purchase from here: https://bitcointalk.org/index.php?action=credit;promoteOtherwise, a community manager or team member with a newbie account seems very amateur. |
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niklasmato
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November 05, 2018, 10:24:13 AM |
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What will happen to the unsold tokens if there will any? Will they be burned?
All unsold tokens will be burnt... I couldn't have uploaded a picture but I am restricted by bitcointalk... Well you can visit menapay.io for more information... That's a good thing. Value will rise due to the token burning. Thanks for this. |
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Buchi-88
Legendary
Offline
Activity: 3780
Merit: 2495
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November 05, 2018, 11:19:00 AM |
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@MenaPay Team
I have read an German article about your project, looks interesting. You also have planed a bounty program?
regards
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nobytes
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November 05, 2018, 11:28:47 AM |
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What dividends you mean? They offering dividends from payment platform profit? And if you will have dividends, thats mean that they have security tokens?
To my knowledge yes. Yet they are claiming the Menapay token to be an utility token. I am either missing something or it's going to be a security token. May I ask and you can explain to me. What are the differences between Utility tokens and security tokens? Sorry before because I don't understand about this coin. I haven't yet read on where the dividends come from, but basically security token derives its value from an external, tradable asset, and sometimes it pays as a form of dividends. |
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bitcoin-shark
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November 05, 2018, 11:38:34 AM |
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What will happen to the unsold tokens if there will any? Will they be burned?
All unsold tokens will be burnt... I couldn't have uploaded a picture but I am restricted by bitcointalk... Well you can visit menapay.io for more information... That's a good thing. Value will rise due to the token burning. Thanks for this. indeed, is good news once burned any unsold tokens their value on the market will surely rise... |
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