Menuva is a secure payment platform based on smart contracts in the Ethereal blockchain. Menuva allows unlimited transactions with special payment conditions. At that time, all data was stored as a smart contract in the Ethereal blockchain. The use of smartcontracts and payment plugins enables the automation of payment processing and receipt of multiple currencies. In the simplest case, making an escrowed transaction is done with just a few clicks and requires no additional effort from buyers or sellers.
All escrow agreements are highly customized to suit buyers' needs. Despite the problems We have a decentralized dispute system that protects funds and provides the ability for a reliable user of Menuva to obtain them.
How to work menuva?
Our Menuva platform is of a kind. Buyers send the cryptocurrency they want through the way that they are preffered - with or without a smart escrow contract. Escrow protects the buyer's funds until the merchant does not complete the deal. The merchant then has the ability to store it in FIAT using our DAC protocol with the help of BitShares and BTS.
*The network of Menuva*
DACP - Dynamic Currency Protocol Adjusted.
Its main feature is the Decentralized Exchange Protocol that finds the best and cheapest way to exchange your currency with others or store it in Fiat.
Complete Testament and Failure.
Escrow Payment Opening a P2P Messaging System Where Seller and Buyer can exchange vital information.
The presale will be simple, no registration required. After the timer runs out a web form will appear on our website and You will need to enter Your email and ETH address from where You are sending the tokens (THAT ADDRESS WILL ALSO BE USED FOR SENDING THE TOKENS AFTER ICO ENDS SO PLEASE USE AN ADDRESS THAT ACCEPTS ERC20 TOKENS LIKE MYETHERWALLET OR METAMSK).
The presale will be held for 30 days or when it hits the 400 ETH limit. Soon after that we will announce the date for the crowdsale. All tokens will be sent out within 2 weeks after the crowdsale finalization.
You will also need to confirm that You are not coming from one of the forbidden states. We are sorry but due to legal advises We received it would be to much of a hassle and We would need to hire a firm who will do the KYC procedure. We are aiming to keep all the unnecessary costs down as You can see from our budget planning. You will also need to agree to our TOS as an industry standard these days.
Our budget is very straight forward and we explained it in our whitepaper. We are humble and while projects these days aim for 10+ million dollars hardcaps we settled for this “lower” hardcap of 6.5 million dollars. The reason for that is that we only need the funding for the first part of our project as later on the project will be funded trough the fees that will be divided among all token holders equally depending on the stake. There will also be a lot more advantages for our ICO supporters which we will explain in detail soon (hint: You can already find a rough explanation in our whitepaper).
Due to currently unpredictable prices of ETH we fixed it at the price of 1000$ per ETH. We saw other ICO projects collect way more capital in USD than planned due to ETH price constantly increasing and we think that it is not fair to the supporters. So that is why we came up with a unique feature.
If the price of ETH exceeds 1100$ (10% from our initial “hard written” ETH value of 1000$) the money that exceeds our hardcap will be used to buyback our tokens and burn them thus lowering the circulating supply.
We would also like to remind everyone that all unsold tokens will be burnt.
As always stay updated with all the news and subscribe to our channels and join the conversation on our new subreddit and our announcement thread on bitcointalk forum.
*ROADMAP*
Q1 2018
ICO (details on website)
"What is next?" program launch and exchange list
Finalization of technical requirements
Development of web wallet
Development of "direct deal"
DACP integration
Integration of P2P chat
Q2 2018
Android and iOS SDK
Development of disputes and escrow systems
Development of reputation system
Launch of payment plugin (OpenCart, WordPress, ZenCommerce)
BETA web wallet release
Q3 2018
Testing transactions
System test
BETA Products
Smartcontract Creator
Implementation in partner systems
Q4 2018
Further partner expansion
Payment of first charge.
*TEAM*
Website: https: //menuva.net
Forum: https://goo.gl/kE6oVW
Telegram: https://t.me/project_menuva
Twitter: https://twitter.com/ProjectMenuva
Medium: https: //medium.com/projectmenuva
Author (morata): https://bitcointalk.org/index.php?action=profile;u=1074956
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