What is Minerva?
It is the world's first reverse merchant processor. The main objective is to make the use of the cryptographic currency in the mainstream. Nowadays, merchants do not accept any cryptographic currency as payment method due to the high volatility in this currency market. To eliminate these risks, this has been designed in such a way that, when accepting the payments through Token OWL merchants, the money will be returned. Minerva does not charge a transaction fee, but pays to use it. This is the basic difference between the traditional way of payment. So to say smart money is based on a smart contract in the Ethereum blockchain network.
ADVANTAGES OF MINERVA
The new cryptocurrencies appear almost daily and their values can grow exponentially from the beginning. At the same time, many are abandoned after their novelty and commercialize the "honeymoon period", after which they quickly fall out of significant use. Despite these nascent features of the cryptocurrency market, it is clear that several statistical properties of the cryptocurrency market have remained stable for years. The number of active cryptocurrencies, the distribution of market share and the turnover of cryptocurrencies are still quite predictable.
Adopting a mathematical perspective, we see a neutral model of the cryptocurrency economy. This allows one to obtain information based on clear empirical observations, despite the variable advantages and disadvantages of one cryptocurrency over another. We have used this research to discover the unique properties and important factors for understanding how cryptocurrencies provide value for both end-users and long-term token holders.
MINERVA BACKSTORY
Minerva was the first widely used international currency.
These thick and heavy silver coins minted more than 2,500 years ago are
possibly the most influential of all currencies. Through careful control, Owls became known due to the high quality and constant weight, resulting in traders who use them for their portability and global acceptance. They were produced for more than four hundred years, and remain the most widely recognized ancient currency among the general public today.
So now it is ready to reappear with a new look and strengths. To learn more, you can read the white paper of the entire project.
These thick and heavy silver coins minted more than 2,500 years ago are
possibly the most influential of all currencies. Through careful control, Owls became known due to the high quality and constant weight, resulting in traders who use them for their portability and global acceptance. They were produced for more than four hundred years, and remain the most widely recognized ancient currency among the general public today.
So now it is ready to reappear with a new look and strengths. To learn more, you can read the white paper of the entire project.
USER BENEFITS
When customers pay using the Minerva OWL token, companies have more flexibility to offer discounts. This is because, instead of paying transaction fees, the Minerva platforms receive additional OWL tokens at the time of each approved transaction. Users can buy OWL tokens from any stock exchange or market where they are marketed, transfer them to one of the many portfolios compatible with ERC20 and spend them on Minervaintegrated platforms.
When customers pay using the Minerva OWL token, companies have more flexibility to offer discounts. This is because, instead of paying transaction fees, the Minerva platforms receive additional OWL tokens at the time of each approved transaction. Users can buy OWL tokens from any stock exchange or market where they are marketed, transfer them to one of the many portfolios compatible with ERC20 and spend them on Minervaintegrated platforms.
The first business to integrate into the economy of Minerva is a live streaming service with revenues of $ 20MM and more than 10 million users. We will show a revenue impact before and after conscientious and clean integration with Minerva. At this time, Minerva has been advised to temporarily retain the name of our first associate business. Our goal is to integrate across a broad spectrum of large niche and conventional companies spanning multiple industries by recruiting platforms in the Minerva Smart Money Alliance (MSMA). Minerva will allow content creators to receive payments and exchange funds indiscriminately while allowing the company to provide more value to both customers and content creators.
Distribution of Tokens
The participation of the first adopters is carried out through a crowdsale panel accessible through Minerva.com. 75,000,000 of 100,000,000 Minerva OWL initial tokens will be distributed in two crowdsales. A pre-sale is followed by a main crowd of Minerva, and each is accessible to parties outside the United States.
The crowdsales will be carried out in an auction format in which the price of all Minerva distributed by the amount of contributions received will be distributed, and then distributed accordingly. 25,000,000 from Minerva will be excluded from the crowdsales described below in the "Reserve Minerva" section. After the initial 100,000,000 OWL chips are created, the creation of a new token, apart from the bonuses associated with the utility of the platform, will be permanently stopped. Within 1 year (365 days) of crowdsale, an announcement will be made regarding any possible 1: 1 token exchange related to any private blockchain migration proposal.
The crowdsales will be carried out in an auction format in which the price of all Minerva distributed by the amount of contributions received will be distributed, and then distributed accordingly. 25,000,000 from Minerva will be excluded from the crowdsales described below in the "Reserve Minerva" section. After the initial 100,000,000 OWL chips are created, the creation of a new token, apart from the bonuses associated with the utility of the platform, will be permanently stopped. Within 1 year (365 days) of crowdsale, an announcement will be made regarding any possible 1: 1 token exchange related to any private blockchain migration proposal.
More information here :
- Website : https://minerva.com/
- White paper :https://minerva.com/whitepaper.pdf
- Twitter :https://twitter.com/minervatoken
- Telegram :https://t.me/minervachat
- Facebook : https://www.facebook.com/MinervaToken/
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1523483
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