Mensarii is a decentralized platform that aims to help its consumers and merchants to overcome the obstacles of a traditional Banking industry. It is also a platform that aims to build the first ever Blockchain digital currency Union, which is controlled by the community through smart contracts and democratic voting. Mensarii is the World’s first Cryptocurrency Credit Union Built on a Decentralized Payment Processing in a Trustless system.
The inbuilt error and malfeasance of the old-fashioned bank processing can finally become history or a thing of the past with a blockchain validated system. A Blockchain validated system provides inherent protection against fraud and it is a haven for transparent payment processing. The Mensarii platform is designed to eliminate money-skimming in the form of hidden fees and charges so commonly practiced within banking and credit card institutions worldwide. Through the use of smart contracts and democratic voting, the Mensarii platform would be controlled by the community that it serves. Members will determine updated implementations to keep up with or stay ahead of an evolving global economy. At Mensarii, the future of banking is within reach and it is in the hands of its users.
The Mensarii platform also aims to provide a transparent marketplace services to the Payment Service Providers (PSPs), Acquirers, Payment facilitators, API for banks, merchants and processors for reporting information to the block regarding the global payment ID, Chargebacks, fines, issues with the merchant, customer complaints, and the Independent Sales Organizations (ISOs).
The goal of Mensarii is to bring greater transparency to the market in terms of both processing fees and fraud by building the first decentralized platform that interacts with the Ethereum Blockchain for the settling of payment processing and many other payment methods. Another goal of Mensarii is to build the first ever Blockchain Cryptocurrency Credit Union controlled by the community through smart contracts and democratic voting. The main objective of this credit union is the same as any credit union. Credit unions and this crypto credit union are not meant to profit from its members; rather, this cryptocurrency union - just like traditional other credit unions, it will focus on its members receiving the direct benefits of pooled financial resources, i.e., low-interest rates, low or no transaction fees and higher yield savings accounts.
All processes of Mensarii are validated and bound to a decentralized blockchain that cannot be manipulated, therefore creating a safe and fully-transparent marketplace for consumers and merchants worldwide.
BENEFITS OF MENSARII
Some of the benefits that consumers get through the MENSARII platform are:
• Free Union Membership
• No-Fee Free Lifetimme Account
• No Monthly Account Fees
• Credit Cards
• Free Block Union Services on the ETH block
• Community Probate Services
• Account Proof Letters
The Consumers will be assigned a consumer identification to provide a scoring system of trust. If fraud happens for a certain number of instances, then the consumer would have a lower score. This scoring system is established to protect the credit card issuers.
TOKEN SALE OF MENSARI MII COINS
• 26 The funding goal for round 1 is = 3,500 ETH.
• The funding goal for token sale is = 32,000 ETH.
• Pre-sale starts on 1st June 2018 at 12 PM GMT.
• Pre-sale ends on ends on 30th June 2018 at 23.59 PM GMT.
• Token sale starts on 1st July 2018 at 12 PM GTM.
• Token sale ends on 31st August 2018 at 23.59 PM GTM.
The total token supply is 2,000,000,000, of which a total of 1,100,000,000, Mensarii (Mii) will be released for sale. Additionally, 400,000,000 Mensarii (Mii) will be held for the development fund to incentivize the development team and to recruit more talent for Mensarii. There will be no follow-up sale for Mii.
Mensarii is simple. It utilizes a decentralized cryptocurrency platform interacting with the Ethereum blockchain to settle all of your payment processes!!! Participate Today!
FOR MORE INFORMATION ABOUT MENSARI, PLEASE VISIT THE FOLLOWING:
WEBSITE: https://www.mensarii.io/
WHITEPAPER: https://www.mensarii.io/images/whitepaper.pdf
TWITTER: https://twitter.com/mensarii_io
FACEBOOK: https://www.facebook.com/Mensarii
TELEGRAM: https://t.me/Mensarii_ICO
MY BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1039613
MY ETH ADDRESS: 0x0615151fC91518bF8fe0b489Cec685a33dD1b7da
WRITTEN BY: Haggaik