ABCC will soon commence the second ABCC HIVE IEO project - MENAPAY (MPAY) (To find out more: IEO Launchpad: ABCC HIVE Launched!), with details as followed:
- Commencement：12:00, Apr 22, 2019 (UTC+8)
- Total supply：400 million MPAY
- Total token for sale：10 million MPAY (2.5% of total supply)
- Exchange ratio：165 USDT = 1000 MPAY
- Mode of purchase：USDT only, first come first serve
- Maximum buy-in: Unrestricted
- Minimum buy-in：165 USDT
- Unit of purchase: 165 USDT as 1 unit (After deduction of withdrawal fees)
- Token sale period：12:00, Apr 22, 2019 (UTC+8) - 23:59, May 15, 2019 (UTC+8)
Users who purchase the first 2.5 million MPAY will receive additional 20% bonus
Users who purchase the next 2.5 million MPAY will receive additional 10% bonus
* In order to protect the interest of our investors, deposit and withdrawal for MPAY will only be activated after it goes live on secondary market for 21 days.
MenaPay is the first blockchain based non-bank digital payment gateway for building one of the biggest cashless societies in the world. It focuses on the MENA region primarily. The target market has over 440 million people whom are 84% unbanked due to religious beliefs and are eager to use a trustable Islamic compliant alternative to the banking system. MenaPay allows users to transfer money within daily life in a secure, fast and decentralised way.
The are surpassing the banking solutions by creating a digital transformation in the region by digitalising cash. It will enable mobile and online payments in the region, replacing cash and cash-on-delivery systems. Additionally, they are solving the monetisation problem of the online world and helping to boost the revenue of businesses which are integrated with MenaPay.
MenaPay has similar features with AliPay and WeChatPay including payment with QR code, barcode, merchant dashboards and integration APIs. Within MenaPay,
MenaCash is used for the everyday transaction purposes as its stable cryptocurrency which is 100% backed by USD. On the other hand, the major difference comes with the reseller network. Users can top-up their MenaPay wallets through the resellers such as PC Cafes, Jewellery Shops, Exchange offices, book stores and gas stations. We’ve already reached over 40.000 reseller points in the region which will help the digital transformation of cash.
- Register on ABCC.com；
- Log into ABCC account, enter event page，click on "Buy Menapay"；
- Redirect to withdrawal page after click on "Copy MPAY Address", paste address to withdraw；
- Select purchase amount（Note: Purchase amount will be rounded down to nearest minimum unit after deduction of withdrawal fees). The remainder will be returned to account after 16 working days.
- After IEO is over, receive 40% of MPAY ；
Receive 30% of MPAY 7 days after IEO is over；
Receive 20% of MPAY 14 days after IEO is over;
Receive 10% of MPAY 21 days after IEO is over.
- MPAY will be listed 14 days after IEO is over.
- Users from USA are strictly not allowed to participate.
- Users can only withdraw from ABCC wallet to MPAY address for valid purchase.
- Please always prepare additional 5 USDT as withdrawal fee in order to fulfil your desired purchase unit.
- ABCC is protected from unfair use of scripts to ensure fairness of IEO on ABCC HIVE for our users.
- You should be aware that cryptocurrencies are subject to high price-volatilities. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your investment objectives, financial circumstances and risk tolerance. ABCC reserves the right to rescind and terminate our services to users in countries and jurisdictions where relevant laws and regulations apply.