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Ratings Menapay

Crypto Made Easier than Cash

MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and Africa. MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life.

4.4
6 5 expert ratings
Benchy 4.5
KYC
Experts
4.7
4.3
3.8
Review: coming soon PRO
22 days 7 hours left
2019-03-15 - 2019-05-15
Token
MPAY
Type
IEO launchpad
Price
1 MPAY = 0.165 USD
Bounty
Platform
Accepting
ETH, BTC, LTC, BCH, Fiat
Soft cap
5,000,000 USD
Hard cap
25,000,000 USD
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA
Visit ICO website
Report
Changelly

Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Ian Scarffe
Blockchain Consultant, Advisor. ICO, STO. Founder at Crypto Consulting and Investments LTD.
Rated on Apr 20, 2019
4
4
3
17%

Menapay is a nice looking idea, and one that can potentially make good use of blockchain technology. The team looks good, they have nice experience in relevant areas. The idea could be difficult to execute though as it's a tough market, but as I say they have a strong team and a good vision.

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0
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Miruna-Maura Barbulescu
Entrepreneur, Author and Marketing Specialist
Rated on Nov 29, 2018
Modified on Dec 6, 2018
5
5
5
15%

It seems that I am here to break the ice with the first expert rating on this interesting project.

After taking a look over the Menapay project, I can see that they have the optimum number of team members and they look well prepared for the job. Their designated team also passed the KYC on Ico Bench and this is a good sign.

Their vision is original and courageous as they planning to be the pioneers of blockchain-based payment gateway in the Middle East and Africa.

After my previous review, their team has contacted me and sent the full WhitePaper and product updates for me to analyze in order to provide a proper rating.

I have read their WhitePaper, it seems there are some errors with the WP they have uploaded on ICOBench and they are working on fixing them. The WP on their Website is also working now. I can always be happy when I can help projects better themselves.

After analyzing the information they have provided me, I am confident that Menapay is a project with a great potential and an outstanding product that will come to the market in the future. Their team also proved their dedication by spending time to provide me all the required information. So a big thumbs up for that!

+1Agree
+1
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Gaurav Areng Chakraverti
Entrepreneur, Marketing Advisor, ICO Advisor
Rated on Dec 12, 2018
5
5
3
13%

The company's vision is extremely positive and they're aspiring towards something really great. It doesn't sound like an easy feat to achieve, but these are specifically the kinds of projects that I personally feel are instrumental in our hope for institutional and enterprise-level, or even government-level adoption tomorrow. So this is definitely a project that would do a lot of good if successful. The team seems strong enough to take on the task, but only time will tell how effectively.

With regards to the product, this is, at the end of the day, just a cryptocurrency. And there's no prototype currently available for how effectively and efficiently it can be used. Will be awaiting updates here.

Do wish you the best of luck. Overall, this looks like a well thought out, organized effort and it would be good to see this succeed.

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0
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Fang Jiaw Lim
Dr
Rated on Apr 15, 2019
5
4
5
9%

The company's goal is clear that it aims to create a syariah compliant blockchain based payment gateway to cater to muslim customers and islamic countries as it complies with islamic finance rules. This helps boosts the usage of cryptocurrencies in daily life transactions and build a cashless society. They have a great team with a lot of experience and a good set of advisors.

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0
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Daniel Ruvins
Community Manager|Advisor|Ambassador
Rated on Feb 1, 2019
5
3
3
7%

This project is pretty interesting. The team is really big, which is a really good sign. The idea is decent, but it'll be very tough to achieve adoption. Also, there is no product to look at the moment, so I'll update the rating when the app is made.

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0
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Benchy
ICO analyzer bot
4.5
40%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Tolga Odoğlu
Passed
Orhan Bayram
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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