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Topic: 📢[ANN] [ICO] - MenaPay - Crypto made easier than cash - PRIVATE SALE (LIVE) - page 23. (Read 95731 times)

member
Activity: 546
Merit: 12

May be you are right. As I see they have only private sale right now. Any info how much they raised so far?

I guess we have to wait until they finished their private sale. Usually project only publish how much they raised during private sale once it's over.
full member
Activity: 490
Merit: 104
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

Really? It is really hard for me to imagine a cash-only, unbanked society. How do they get by with only cash? They do not pay goods and services online? How do businesses collect money if not through a bank or electronic payment?

I am sure businesses are using banks transfer all the time but regular people might not rely that heavily on credit cards and banks but even it this case you can use other ways to acquire crypto.

I think many people there don't buy everything online so cash is extremely useful. People have smart phones though and you could sell crytp gift cards on shops where you buy credit for your phone.

Well, I am not from the MENA region so to get an inside look from someone who is from there, can be very helpful. If the people there really only use cash the most time, it can be pretty hard to get them to switch to cryptos.
Is it true that in this region are no banks? I am surprised .. Cashless payment is safer and it is convenient, in this case it will be even harder for ordinary people to adapt to crypto.
full member
Activity: 686
Merit: 100
Even if it is only private sale, the Team needs to contact Coicodex to regularize the dates, as the site will bring them to the notice of many, and even after the sale, they will continue to support and notify users about quotes and news. The site is very well seen in crypto
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
MenaPay is now listed on CoinCodex. Make sure to check the ICO Calendar for other projects!

Where did you get ICO date? I see that on this site ICO date:

Code:
ICO Dates
Jan 15 - Mar 15

But as I know the team still dont have exact date yet. And even pre-sale still not started.

Most of these add new icos via automatic scripts, and the dates & other info are wrong in them all the time. I wonder if fixing dates / info is a paid service for them.

May be you are right. As I see they have only private sale right now. Any info how much they raised so far?
member
Activity: 546
Merit: 12
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

Really? It is really hard for me to imagine a cash-only, unbanked society. How do they get by with only cash? They do not pay goods and services online? How do businesses collect money if not through a bank or electronic payment?

I am sure businesses are using banks transfer all the time but regular people might not rely that heavily on credit cards and banks but even it this case you can use other ways to acquire crypto.

I think many people there don't buy everything online so cash is extremely useful. People have smart phones though and you could sell crytp gift cards on shops where you buy credit for your phone.

Well, I am not from the MENA region so to get an inside look from someone who is from there, can be very helpful. If the people there really only use cash the most time, it can be pretty hard to get them to switch to cryptos.
member
Activity: 532
Merit: 10
If they could make a much wider distribution of tokens, then sudden dumps from some token holders would be negligible and will not affect much on the token price. So I guess they must do everything in their capacity to do just that. Imho.

If a whale start a huge accumlutation on exchanges and the pump it and unload his bag to FOMOers it's not very different from the scenario you described, so I don't see a real solution

yes I agree with you, if the whales have started to move it is difficult to keep prices safe. so a solution is needed more than that to be able to keep the ecosystem of tokens well while in the market
full member
Activity: 518
Merit: 101
If they could make a much wider distribution of tokens, then sudden dumps from some token holders would be negligible and will not affect much on the token price. So I guess they must do everything in their capacity to do just that. Imho.

If a whale start a huge accumlutation on exchanges and the pump it and unload his bag to FOMOers it's not very different from the scenario you described, so I don't see a real solution

Exactly.. it's just a whale play game for now.. there is not enough liquidity in the market and the tokens/coins are just to centralised with certain people.
This will change in the near future though. I'm convinced of that.
If project team will shows progress (it can be weekly reports on the work done), this can prevent a dump - whales will wait for the best news and project progress.
sr. member
Activity: 616
Merit: 263
If they could make a much wider distribution of tokens, then sudden dumps from some token holders would be negligible and will not affect much on the token price. So I guess they must do everything in their capacity to do just that. Imho.

If a whale start a huge accumlutation on exchanges and the pump it and unload his bag to FOMOers it's not very different from the scenario you described, so I don't see a real solution

Exactly.. it's just a whale play game for now.. there is not enough liquidity in the market and the tokens/coins are just to centralised with certain people.
This will change in the near future though. I'm convinced of that.
member
Activity: 532
Merit: 50
ONe Social Network.
If they could make a much wider distribution of tokens, then sudden dumps from some token holders would be negligible and will not affect much on the token price. So I guess they must do everything in their capacity to do just that. Imho.

If a whale start a huge accumlutation on exchanges and the pump it and unload his bag to FOMOers it's not very different from the scenario you described, so I don't see a real solution
member
Activity: 476
Merit: 10
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

Really? It is really hard for me to imagine a cash-only, unbanked society. How do they get by with only cash? They do not pay goods and services online? How do businesses collect money if not through a bank or electronic payment?

I am sure businesses are using banks transfer all the time but regular people might not rely that heavily on credit cards and banks but even it this case you can use other ways to acquire crypto.

I think many people there don't buy everything online so cash is extremely useful. People have smart phones though and you could sell crytp gift cards on shops where you buy credit for your phone.
member
Activity: 490
Merit: 10
www.Zercados.com
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

Really? It is really hard for me to imagine a cash-only, unbanked society. How do they get by with only cash? They do not pay goods and services online? How do businesses collect money if not through a bank or electronic payment?

I am sure businesses are using banks transfer all the time but regular people might not rely that heavily on credit cards and banks but even it this case you can use other ways to acquire crypto.
full member
Activity: 364
Merit: 101
MenaPay is now listed on CoinCodex. Make sure to check the ICO Calendar for other projects!

Where did you get ICO date? I see that on this site ICO date:

Code:
ICO Dates
Jan 15 - Mar 15

But as I know the team still dont have exact date yet. And even pre-sale still not started.

Most of these add new icos via automatic scripts, and the dates & other info are wrong in them all the time. I wonder if fixing dates / info is a paid service for them.
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
MenaPay is now listed on CoinCodex. Make sure to check the ICO Calendar for other projects!

Where did you get ICO date? I see that on this site ICO date:

Code:
ICO Dates
Jan 15 - Mar 15

But as I know the team still dont have exact date yet. And even pre-sale still not started.
full member
Activity: 798
Merit: 115
Unfortunately its still not that easy to use crypto in everyday shopping even in more evolved countries. I can imagine there are not many shops offering crypto payment in Arab countries.
full member
Activity: 574
Merit: 115
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

Really? It is really hard for me to imagine a cash-only, unbanked society. How do they get by with only cash? They do not pay goods and services online? How do businesses collect money if not through a bank or electronic payment?
full member
Activity: 364
Merit: 101
Is there a list of exchanges where this is listed already?

This token is still in ico stage, it would not make any sense to list this as an IOU yet if you can get it cheaper from ico anyway.
sr. member
Activity: 840
Merit: 251
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

yeah but if you make it available thru a mobile phone, then that's the real game changer

Its not an impossible ask to do and people will understand that eventually they need these stuff to survive in a better future. Mena has planned towards that and will be successful.
sure if menapay will be usable also from mobile phones, would certainly have more users even from those countries where the banking sector is not so developed or even people who are not interested in having it (bank account) but seek a quick and alternative method of payment...
however, there in our life,  is already a system of payment. yes, really, it is widespread. but this shows, that the market is already busy in some way.
hero member
Activity: 2968
Merit: 605
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

yeah but if you make it available thru a mobile phone, then that's the real game changer

Its not an impossible ask to do and people will understand that eventually they need these stuff to survive in a better future. Mena has planned towards that and will be successful.
sure if menapay will be usable also from mobile phones, would certainly have more users even from those countries where the banking sector is not so developed or even people who are not interested in having it (bank account) but seek a quick and alternative method of payment...
member
Activity: 364
Merit: 37
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

yeah but if you make it available thru a mobile phone, then that's the real game changer

Its not an impossible ask to do and people will understand that eventually they need these stuff to survive in a better future. Mena has planned towards that and will be successful.
full member
Activity: 588
Merit: 100
Might be tricky though, most citizens of the MENA region have nothing to do with finance, don't own a bank account and are not interested in owning one, only care about cash, etc. Good luck though!

yeah but if you make it available thru a mobile phone, then that's the real game changer
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