Minerva platform is a cryptocurrency platform that provides additional revenue streams to traders who accept tokens as a means of payment. The global online market is rapidly expanding against the expectations of non-interested members of the general market, with cryptocurrency being boosted by blockchain-based technology as the main hub.
The advantage when using the Minerva is when customers pay using token MinervaOWL, businesses have more flexibility to offer discounts to them. This is because, from on the pay transaction costs, platform Minerva gives a bonus token at the time of each OWL transaction approved.
Users can buy a token Exchange or market of OWLwhich they traded, transfer any one wallet that is compatible with ERC20 and spend it on the platform of the Minerva.
If you want to participate then the adopter can be accessed through Minerva.com. As many as 75 million of the 100 million original token token Minerva OWL will be distributed in two crowd. A pre-sale is followed by the main crowd of Minerva, and each can be accessed by parties outside the United States.
Some tokens will be held in the format of the auction because minerva distributed will be rewarded with the number of donations received, and then distributed accordingly. Minerva 25 million will be issued from the crowd which is described under the "Reserve Minerva".
We have partnered with a live-streaming service with $20 million in yearly revenue and over 10 million users to act as an immediate first use case. The purpose of this partnership is to quickly show the before-and-after revenue impact of a business accepting the Minerva OWL token as a method of payment. Our goal is to recruit various merchant processing services and prominent commerce platforms into the Minerva Smart Money Alliance (MSMA).
The Minerva Smart Money Alliance (MSMA) is a proposed consortium of organizations that either accept the OWL token as payment or are strategically partnered with Minerva Technologies S.a.r.l., a Luxembourg-based blockchain software company and parent entity to the Minerva platform. We plan to work with various groups and individuals to optimize the secure storage and transmission of sensitive data.
Minerva provides an opportunity for investors to develop this project. Minerva will hold a sales Crowdsale Token minerva (OWL) with total sales to be achieved that is 100,000,000 OWL.
Innovations on the Minerva platform
Minerva provides a generous reward system for businesses that accept it as payment. After receiving Minerva OWL, each business issued a bonus that resembled a credit card with cash. When Minerva OWL tokens are received from their customers, they are automatically terminated. And here's the innovation:
- Instant liquidity through the API from the relevant trading exchanges of Minerva
- Removal of refunds and exchange commissions
- Additional protection against sudden short-term price fluctuations
- Reverse transaction fees. minerva teams pay for them, not vice versa
MINERVA SMART MONEY
MINERVA pay transaction fees to businesses, we don't charge them. We address cryptocurrency adoption issues by introducing commerce-disruptive incentivized payment solutions to accelerate the mainstream adoption of cryptocurrency and smart contracts. Minerva is the world's first reverse merchant processor.
Private pre-sale structure
Price per Owl: $0.60
Discounts:
$0 - 1MM: 40% discount ($1,666,667 in token value) = 2,777,778 OWL
$1MM - 5MM: 30% discount ($5,714,286 in token value) = 9,523,810 OWL
$5MM - 10MM: 20% discount ($6,250,000 in token value) = 10,416,667 OWL
Total Tokens Distributed: 22,718,254
Token Value Number: $1,000,000 / $0.60 = $1,666,666 (Original price without discounts)
OWL Number: $1,000,000 * $0.36 = 2,777,778 OWL (Total OWL with discount applied)
After Presale Hard Cap, Estimated Tokens Left: 37,281,746
ICO structure
Price per Owl: $0.75
Discounts in regard to ETH contributed:
0-20,000 15% Discount
20,000-40,000: 12.5% Discount
40,000-50,000: 10% Discount
50,000-60,000: 7.5% Discount
60,000-65,000: 5% Discount
65,000-70,000: 3% Discount
70,000-72,500: 2% Discount
72,500-Hard Cap: 1% Discount
ICO ETH Hard Cap: Every contribution will be based on $0.75 per Owl, before discount. The crowdfunding portal will be self adjusting to the current price of ETH (Ethereum) at the time of contribution. We will adjust the hard cap of the ICO, prior to the official launch, based on the amount raised in presale. If, $5MM raised presale, our ICO’s hard cap will be set to $30MM worth of ETH. (i.e. 85,715 ETH @ $350 ETH estimated market price).
Example of OWL to ETH Ratio: 1 ETH @ $350 = 466 OWL
To ensure the hard cap can be reached without running out of tokens, we will be creating tokens as ETH (Ethereum) is sent to the crowdsale smart contract.
Using a set price of $0.75 per Owl and factoring in the amount raised during pre sale, we can allow ourselves to reach hard cap without having to limit ourselves to our projected 60,000,000 Owl estimate. The primary issue with a discount model (and fluctuating price of ETH) is trying to cap the number of tokens that can be distributed prior to launching the smart contracts.
ROAD MAP
- FUNDED INTERNALLY
- Base Platform Development
- Internal Market Simulations
- Integration Testing / Compliance
- Content Translation
- Exchange Listings
- Legal Counsel
- Initial Security Auditing
Detailed information :
Website : https://minerva.com/
Whitepaper : https://minerva.com/whitepaper.pdf
Facebook : https://www.facebook.com/MinervaToken/
Twitter : https://twitter.com/minervatoken
Telegram : https://t.me/minervachat
BTT: https://bitcointalk.org/index.php?action=profile;u=1636284