Since menapay is focused on the Mena region, will it be Islamic compliant?
Yes, it is.
Menapay follows the 3 major rules that makes a business Islamic compliant
According to the Islamic finance, people are allowed to generate profit from their investments. MenaPay platform revenue share system fully complies with Islamic Finance
I do not understand it. You will not pay profits to token holders? Then what is the main advantage of this coin why people should buy it?
Another reason is that menapay will be listing on one of the top exchanges
The main advantage shouldn´t be listed on top exchange. The token should have a real internal value, you have to attract investors and tell them why they should invest.
Tokens without real "internal" value are dying so fast!
Even binance has announced if that exchange site will only try to list a coin which has created a useful product. It's not about listing your coin to any exchange site but just put the main concern on the product. This much important.
As you can see the community has diffrent oppinion, is not about token listing and referring to whitepaper, there are so many projects now and you should shortly summary the main advantages
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(I am not hating MenaPay).
Yes, you are right
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The MenaPay App will be avaible on March ( before IEO ) and you can use or analyze it.
MenaPay will distribute 75% of total revenue amongst holders of MenaPay Tokens. (The formula avaible on whitepaper )
You can calculate approximate income of MenaPay from sample data of MENA region ( population,their income, their outgoings) and find the approximate value. Moreover, you may compare MenaPay with AliPay, WeChatPay to find "the main advantages".
There are many advantages to buy and hold MenaPay Tokens. To find more , visit our website: menapay.io and read the whitepaper.
