MenaPay has been designed to comply with Islamic finance requirements. The MenaPay Platform does not use or give interest, and proves this via witnesses thanks to the blockchain technology. The MenaPay Platform shares the revenue of the platform with the MenaPay Token Holders in accordance with Islamic finance approach. As a result of this structure, MenaPay is expected to help the digital transformation of the region.
Menapay ICO starts on January 15th, 2019. The ICO token supply represents 64% of the total token supply, so there is a total of 256,000,000 tokens available, for 0.165 USD each. The ICO funding target is 5,000,000 USD, the funding cap is 25,000,000 USD and is expected to end on March 15th, 2019 or when the funding cap is reached.
Token Reserve Split (36%):