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Author Topic: 📢[ANN] [ICO] - MenaPay - Crypto made easier than cash - PRIVATE SALE (LIVE)  (Read 95731 times)
5thangel
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November 07, 2018, 06:40:27 AM
 #261

ICO ratings are doing reaserches? You are kidding me, right? I only see bots rating ICOs on those websites, they are cancer, they just deceive potential investors
Completely agree with you if we talk about the ICO rating websites... good way for someone to lose money.
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November 07, 2018, 07:23:11 AM
 #262

I saw an article about Menapay in a very popular German Crypto Blog: https://altcoinspekulant.com/2018/11/05/menapay-eine-neue-und-mobile-bezahlmethode-fuer-die-mena-region/

It is nice that menapay starting to get recognized. If you don't know German like me, just translate it with google Smiley

At the end, the author mentions in his article that he sees one main risk for the project that it could be potentially political ban of the project. Can anyone explain me what he means with this?

Probably because the project will run on mostly Mena countries and they have a shaky history with legal system, the author may be nervous about if some government sees this and just decide to delete because of any little reason it disturbs them or even they can't understand what is going on and think about, lets ban this.

But for now, this countries never act on any crypto related things so it is a long shot.

bitcoin-shark
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November 07, 2018, 09:41:44 AM
 #263

in fact the ico rating sites are not so reliable, just have to take a look but must be combined with other information such as credibility of the team, idea of ​​the project, if is the only of its kind, in short, a personal search must be done in combination with the sites of rating, news on the mobile payment app?...

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November 07, 2018, 10:34:21 AM
 #264

Am I right if i presume this will be exclusive to the following list of countries?

Algeria, Bahrain, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Malta, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, West Bank and Gaza, and Yemen. Ethiopia and Sudan are sometimes included.
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November 07, 2018, 12:20:10 PM
 #265

Am I right if i presume this will be exclusive to the following list of countries?

Algeria, Bahrain, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Malta, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, West Bank and Gaza, and Yemen. Ethiopia and Sudan are sometimes included.

You mean on investing the ico or the using of their service? I think they are targeted, not exclusive.
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November 07, 2018, 01:39:06 PM
 #266

Am I right if i presume this will be exclusive to the following list of countries?

Algeria, Bahrain, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Malta, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, West Bank and Gaza, and Yemen. Ethiopia and Sudan are sometimes included.

You mean on investing the ico or the using of their service? I think they are targeted, not exclusive.

Yes, why would they do an exclusive service, more country means more income. By the way, you should add Turkey to the country list because their team and most of their partners are based in Turkey even their head office located in Dubai.

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November 07, 2018, 02:11:12 PM
 #267

in fact the ico rating sites are not so reliable, just have to take a look but must be combined with other information such as credibility of the team, idea of ​​the project, if is the only of its kind, in short, a personal search must be done in combination with the sites of rating, news on the mobile payment app?...

most ICO rating site sell their service, there are some company that partnership working with them. always do DYOR is best way to get real information

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iad_xo
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November 07, 2018, 02:12:38 PM
 #268

is MenaPay going to add fiat gateway also?
traveler007
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November 07, 2018, 02:41:31 PM
 #269

is MenaPay going to add fiat gateway also?


Interesting question... and if yes, they are going to add only their local currencies for arabic countries or usd. euro as well?

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belechau
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November 07, 2018, 03:25:02 PM
 #270

is MenaPay going to add fiat gateway also?


Interesting question... and if yes, they are going to add only their local currencies for arabic countries or usd. euro as well?

If this happens, and the segment in which the Company operates is interesting to do to win more markets around the world, it is necessary to gradually expand to new currencies and new Countries, but initially to have USD and EUR as a priority
matjas
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November 07, 2018, 03:28:26 PM
 #271

in fact the ico rating sites are not so reliable, just have to take a look but must be combined with other information such as credibility of the team, idea of ​​the project, if is the only of its kind, in short, a personal search must be done in combination with the sites of rating, news on the mobile payment app?...

most ICO rating site sell their service, there are some company that partnership working with them. always do DYOR is best way to get real information

Its always like this not just in crypto, you have to pay big bucks for a good promotion and i am sure some of those sites are receiving quite nice sums to put certain projects on the first page with a good rating.

the_donald
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November 07, 2018, 04:03:43 PM
 #272

is MenaPay going to add fiat gateway also?


Interesting question... and if yes, they are going to add only their local currencies for arabic countries or usd. euro as well?

If this happens, and the segment in which the Company operates is interesting to do to win more markets around the world, it is necessary to gradually expand to new currencies and new Countries, but initially to have USD and EUR as a priority

it's probably going to happen if the project is successful enough. but that will be further down the line.

Frank37
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November 07, 2018, 04:10:47 PM
 #273

is MenaPay going to add fiat gateway also?


Interesting question... and if yes, they are going to add only their local currencies for arabic countries or usd. euro as well?

If this happens, and the segment in which the Company operates is interesting to do to win more markets around the world, it is necessary to gradually expand to new currencies and new Countries, but initially to have USD and EUR as a priority

it's probably going to happen if the project is successful enough. but that will be further down the line.

Adding a fiat gateway is not trivial.
With this step you enter a field of regulations which are different in many countries and it should be very well thought out.

 
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November 07, 2018, 05:25:08 PM
 #274

is MenaPay going to add fiat gateway also?


Interesting question... and if yes, they are going to add only their local currencies for arabic countries or usd. euro as well?
yes is an interesting question, would be an interesting feature the addition of the fiat if they will do it i hope beyond the local currencies also put international ones like dollar, euro, pound
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November 07, 2018, 05:28:32 PM
 #275

is MenaPay going to add fiat gateway also?


Interesting question... and if yes, they are going to add only their local currencies for arabic countries or usd. euro as well?
yes is an interesting question, would be an interesting feature the addition of the fiat if they will do it i hope beyond the local currencies also put international ones like dollar, euro, pound
Combining both crypto and fiat money within a single platform can be a crusial advantage in the market...
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November 07, 2018, 05:40:55 PM
 #276

is MenaPay going to add fiat gateway also?


Interesting question... and if yes, they are going to add only their local currencies for arabic countries or usd. euro as well?

Their goal is to just use MenaCash but to achieve that they need a fiat exchange for sure, it's batter if they integrate it because you can't trade in fiat every token in every exchange

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November 07, 2018, 06:04:21 PM
 #277

I saw an article about Menapay in a very popular German Crypto Blog: https://altcoinspekulant.com/2018/11/05/menapay-eine-neue-und-mobile-bezahlmethode-fuer-die-mena-region/

It is nice that menapay starting to get recognized. If you don't know German like me, just translate it with google Smiley

At the end, the author mentions in his article that he sees one main risk for the project that it could be potentially political ban of the project. Can anyone explain me what he means with this?

Probably because the project will run on mostly Mena countries and they have a shaky history with legal system, the author may be nervous about if some government sees this and just decide to delete because of any little reason it disturbs them or even they can't understand what is going on and think about, lets ban this.

But for now, this countries never act on any crypto related things so it is a long shot.

Okay, I understand. So in your opinion, you wouldn't say that the risk is very high that it could get banned, right?
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November 07, 2018, 06:11:56 PM
 #278

is MenaPay going to add fiat gateway also?


Wouldn't that need more banked people, in the videos they talk about how many people in this region is unbanked.
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November 07, 2018, 06:21:40 PM
 #279

is MenaPay going to add fiat gateway also?


Wouldn't that need more banked people, in the videos they talk about how many people in this region is unbanked.

ok but how they will get MenaCash in the first place? If everyone will use it, ok, you won't need fiat anymore because there will be MenaCash only but do you think that the reality is like that?

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November 07, 2018, 06:37:50 PM
 #280

is MenaPay going to add fiat gateway also?


Wouldn't that need more banked people, in the videos they talk about how many people in this region is unbanked.

ok but how they will get MenaCash in the first place? If everyone will use it, ok, you won't need fiat anymore because there will be MenaCash only but do you think that the reality is like that?

That's a valid point. Every crypto currency is measured in fiat money and unless the whole world makes the switch you need people investing fiat first.
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