blackr15 crypto

What Is MENUVA

Menuva is a secure payment platform based on smart contracts in Ethereum blockchain. Menuva allows integrated transactions with personalized payment terms. At that time, all data is stored as an intelligent contract in the chain of blocks of Ethereum. The use of smart contracts and payment complements allows the automation of payment processing and the acceptance of a variety of currencies. In the simplest cases, the creation of a custody transaction is done with just a few clicks and does not require any additional effort from the buyer or seller. All custody agreements are highly customizable to suit the needs of buyers. Even if there is a problem, we have our own decentralized dispute system that protects the funds and provides the possibility for the reliable users of Menuva to win.

Our Menuva platform is unique. Buyers send their desired cryptocurrencies through their preferred form, with or without smart escrow contracts. The trust protects the funds of the buyers until the merchant does not complete the agreement. The Merchant has the ability to store those in FIAT using our DAC protocol with the help of BitShares and BTS.

Our main competitive advantages:

. Low rates

Possible conversion of funds to FIAT

. Quick transactions

. Decentralized data storage

. Useful and convenient service for customers and suppliers

Verification and verification system that will provide additional security for both sellers and buyers

.Support for multiple currencies

RED MENUVA

DACP - Dynamically adjusted currency protocol

The key feature is our decentralized exchange protocol that finds the best and most economical way to change your currency to another or store it in Fiat.

ESCROW

Escrow payments open a P2P messaging system where sellers and buyers can exchange important information.

ETHEREUM SMART CONTRACT?

The new technology is possible thanks to the public blockchains, intelligent contracts are difficult to understand because the term partially confuses the central interaction described. While a standard contract outlines the terms of a relationship (usually one enforceable by law), an intelligent contract imposes a relationship with the cryptographic code.

Put differently; Smart contracts are programs that run exactly like

They are configured by their creators.

First conceived in 1993, the idea was initially described by a computer scientist and a cryptographer.

Nick Szabo as a kind of digital vending machine. In his famous example, he explained how users

could enter data or values and receive a finite element of a machine, in this case, a refreshment of the real world or a sophisticated drink.

In a simple example, ethereum users can send 10 ether to a friend on a specific date using an intelligent contract. In this case, the user

It would create a contract and send the data to that contract so that it could execute the desired command.

PROBLEMS AND SOLUTIONS

GREAT FEES

For each online payment received today, sellers have to pay an average rate of approximately 3.5% and sell-

The rates of some online payment systems exceed 5-10%. More than that, users should generally pay

a fee for transferring money from the payment system to the bank account. In addition, the payment

systems charge additional money-back fees, inactive account fees, cross-border transaction fees,

annual fees (monthly) and so on.

He also has the problem of fraudulent services promoting himself as "without strength", but at the same time

Time taking your exchange rates often differs enormously from current market rates.

They only show the amount that one must pay, but not at what rate it is calculated (since most products

The products are shown in USD value and then calculated at the BTC price).

Solution

Menuva will solve this problem with the following solutions:

Menuva will keep the rate below 2% per sale, depending on the currency used. This includes the rate of the buyer and the seller.

Before making your purchase, you will be notified instantly what the rate will be without any hidden fees or charges.

You will also be notified of the current exchange rate of the desired cryptocurrency.

We will maintain these rates since we will fully finance our company with the money we earn from ICO and the future earnings of our token as we develop and grow because we trust in our work, product and token

The winning rate will be distributed to all our token holders each month depending on

in the amount they have at that moment and the total rates that the platform has

processed

IRREVESIBLE PAYMENTS

One of the main advantages of cryptocurrencies is that they are not reversible. That means you do it

It is not necessary to be afraid of chargebacks and fraud attempts. However, that is a double-edged sword.

While it may be excellent for sellers, buyers do not have much information. In case of any dispute,

between a seller and a buyer (with traditional cryptocurrencies), buyers will often lose for dishonor

est sellers. On the other hand, many buyers will try to obtain advantages and gains through several

attempts at social engineering.

Solution

Menuva offers a security deposit system never seen before. Sellers can accept payments that will be insured by an intelligent contract. These smartcontract will be highly customizable for diverse needs, from physical products that require shipping information to virtual assets. This unique approach will significantly improve the current status of all the

tocurrencies to be more adopted.

TOKEN DE MENUVA

ICO taxpayers will have many advantages:

BENEFITS DIVIDED QUARTERLY

- All fees (excluding GAS and dispute fees) will be divided quarterly among all card holders and paid at ETH. Taking into account the low number of tokens, we plan to launch into circulation this is an excellent opportunity for long-term investors. You can see the date of the first payment in our roadmap.

EARLY BIRDS ARE REWARDED

- Our ICO followers will have a special notation in our reputation system, thus gaining more confidence from the users.

WHATS NEXT?

- We believe that our platform must be adjustable for users, so we will design an exclusive closed forum where we will listen to the ideas of our collaborators and we will have surveys and special promotions.

FREE USE OF THE PLATFORM

- That's right. With the MNV tokens, you can buy without any charge, so take advantage of them.

LIMITED AVAILABILITY

- We do not plan to introduce more tokens to the system. That's why we opted for a smaller coin count.

TOKEN BURN

- Any unsold token will be burned, thus reducing the total amount of MNV tokens in circulation.

REPURCHASE

If the price of ETH changes considerably (> 10%) from our current rate of $ 1000 per ETH, we will use the excess money to buy back our tokens and burn them, since we will be transferred.

ferring the funds raised to USD!

ASSIGNMENT OF BUDGET

DEVELOPMENT

- Currently, we have two developers constantly working on technical documentation. We're

looking to spend around 1.5 million USD in the recruitment of 4-5 upper class: web frontend and backend developers, a security

expert in the blockchain area and blockchain advisor. As we are working on other projects, we implement

mentally, we will have to have some reserves for possible bills.

ADMINISTRATION AND LEGAL

- As we are based in Germany, the laws are strict and to pay our staff after the completion we will do it

We need to pay taxes and have our lawyer so that we can focus on development.

OPERATIONAL EXPENSES

- In the future, we plan to finance self-financing by collecting fees based on the percentage of MNVs for:

Kens we support Until then, we will have to pay all our HQ bills ranging from web hosting to program

licenses.

PROMOTIONS AND ASSOCIATIONS

- As you can see, more than 1m $ of our budget is needed, but we consider that this is absolutely crucial since

Outside of the acceptance of the platforms, there will be no future and our efforts will be wasted. We have already

have plans and agreements on promotions with several websites that will use our platform.

RESERVATIONS

- We have a long way to go and several unplanned things can happen, so we need a little

"Space to breathe." The cryptographic world is unpredictable, but we are here to bring stability.

SCHEDULE

2018Q1:

ICO (details on the website)

"Whats Next?" Launch of the program and exchange lists Finalization of technical requirements Development of WEB wallet

Development of "direct transactions" Integration DACP Integration of P2P chat

2018Q2:

Android and iOS SDK

Development of dispute and escrow systems Development of reputation systems Launch of payment complements (OpenCart, WordPress, ZenCommerce) BETA web wallet version

2018Q3:

Transaction test System test BETA product Smartcontract creator Implementation in partner systems

2018Q4:

Additional expansion of partners First payment of fees

2019 Additional technical improvements as advance of the blockchain technology

Be part of this tremendous project.