MenaPay Structure, Foundation, and administration of MenaCash in more established to have 100% trust by our whole biological system
Characterizing the administration structure is the key point to guarantee the trust in the network and integrity of the ream overall. We've characterized administration structure of MenaPay Foundation and administration of MenaCash in more established to have 100% trust by our whole biological system.
MenaPay Foundation
Investors of the establishment allow the Executive Board individuals. Official Board individuals lead the establishment with full trustworthiness. They think about the advantages of the MenaPay people group and all partners of MenaPay biological system; including clients, traders, and affiliates. Official Board acts as indicated by the vision of MenaPay. Since the need is manageable development, Executive Board has appropriate to settle on key choices to change exchange expenses, money out charges and proportions of the income share distribution. The MenaPay Foundation needs to buy tokens from the trades with the end goal of income shale dissemination and filling the green mining tsetse. Clearly, MenaPay Foundation token buy exercises would emphatically influence the token costs in the market. Official Board is dependable to actualize viable safety efforts and moral guidelines to keep away from extortion, insider exchanging and abuse of data.
Menapay establishment collaboration full time
The whole establishment collaboration full time, committed to MenaPay tasks. The administration group readies the yearly spending plan for promoting and activities. The Managing Director of MenaPay has the privilege to spend inside the badger and has rioted specialist on the Power of Attorney. For the installments over the point of confinement, 2 signature experts are required; one from the Managing Director, and the other; from an Executive Board Member. CFO specifically reports to the Executive Board as for revealing, review and inside control purposes.
Trust structure for MenaCash
Trust structure of MenaCash is a decent utilize instance of the blockchain. Rather than utilizing conventional review techniques by giving periodical monetary reports, blockchain gives the opportunity for a moment review. Our 3id gathering accomplices are declared on the www.menapay.io to guarantee the 100% sheltered and dependable structure for MenaCash. As the aggregate circling supply of MenaCash ought to be equivalent to the US dollars in the bank, there should not be where the US dollar sum is not exactly MenaCash in the course. With the end goal to guarantee that structure, financial balances of MenaCash will be isolated from the MenaPay Foundation. Any money will have the capacity to be discharged just with the endorsement of MenaPay Foundation CFO and the trustworthy outsider review organization. With the end goal to clarify the moment review process obviously, it's smarter to clarify by a graph beneath with the suspicion that we have 100 trillion MenaCash in the course.
Menapay Official Board
Official Board holds the privilege to change the kind of the held money to any cash which is adequate by the territorial traders. The US Dollar has been decided for the accommodation of vendors starting in 2018. GCC nations utilize nearby monetary forms settled to the US dollar, and the oil cost is resolved with US dollars. Later on, we predict that the Euro of Yuan may turn out to be more prevalent. On the off chance that the fiat cash desire for the dominant part changes, Executive Board can choose to move to another money which is comprehensively trustworthy and satisfactory.
Website Link : https://www.menapay.io
Telegram Link : https://t.me/MenaPay
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Whitepaper Link : https://menapay.docsend.com/view/pwjr8rt
Onepager Link : https://www.menapay.io/onepager.pdf
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