Welcome to, [Smart Money], Blockchain Technology.
Cryptocurrencies today have serious problems, because they are very rarely used as currency, and the addition of problems with excessive short term prices, which creates a big risk for many traders not to accept it as a viable currency.
We imagine in this World, where smart contracts will help overcome this excessive volatility problem, and which is also to change the way business approaches crypto.
By bridging the gap between trade and cryptographic assets, which we want to achieve to help bring back mainstream cryptocurrencies in order to be re-accepted across the world's society.
Strong short-run fluctuations through Proof-of-Transaction, and introducing Incentivized, or payment solutions to accelerate the adoption of mainstream digital currencies, and smart contracts.
For all this we will strive to show all this to the whole community.
Minerva is a payment and application service provider with Cryptocurrency
token utility (OWL), that provides additional revenue streams for approval
the merchant accepts it as a method of payment.
Minerva, will solve all case problems quickly, and soon.
Minerva System
The new systems and workings of Cryptocurrencies will be introduced every day.
We are committed to rebuilding Cryptocurrency with systems and workings that will create long life for this Cryptocurrency, which will again be eligible to be used as actual currency.
We believe in the use of Cryptocurrency as the currency, and the crypto application as the currency for all the general public in the World.
Minerva will take an approach with four branch systems to achieve this goal :
1. Address the existing volatility issues in Cryptographic assets.
2. Respect traders with a sustainable refund system for traders.
3. Requesting approved merchants, forwarding their clients' earnings in the form of discounts or bonuses.
4. Facilitate monthly trial and membership subscriptions with smart contracts, as well as Crypto.
Technology.
OWL is currently an ERC20 token, and Minerva is a payment processor running on top of a smart contract and, built on top
Block Etereum.
Following this standard, OWL is easily transferable between approved merchants, and clients use wallets compatible with ERC20, and can be integrated into the exchange smoothly.
Application and Application Layers.
Certain OWL will be held, and issued to approved merchants to be made, (signing bonus).
Bonus signings other than bonus Minerva OWL are issued to approved merchants via Proof-of-Transaction.
With this model, OWL can be exchanged for services on an integrated merchant platform and relaunched to the market by approved merchants, thus creating
value added money.
The fundamental earning aspect of Minerva allows approved traders to increase their income.
Minerva Financial Security Audit.
Team Minerva will Commit to remain subject to its platform for a comprehensive financial security audit.
We will implement several strategies to provide maximum transparency in the management of all assets.
The goal is to prove two things:
1. All merchant integrated profits are recorded correctly.
2. The company has all the funds declared.
For every merchant who has received Minerva OWL as this payment method, we will create a special API button, a custom view which will allow a merchant to verify their trading balance and history in their account.
To prevent abuse, monitoring and tracking, resources will limit users from exploitative reward rate loops.
Distribution & Supply Model.
Minerva uses two advanced methods to increase and decrease the OWL supply.
The first method,
Is a new mint OWL and put it in the supply circulating when approved merchants receive OWL as a method of payment.
When the reward level is greater than zero (0), a portion of the fee is taxed to keep Minerva, and the other part is sent to a smart contract.
contracts to be kept for incentives to MVP candidates, and voting participants.
The inherent inflationary reward rate used to reward approved traders is difficult to close by 10%.
The second method,
sterilize OWL when the price is decreasing.
Users will freeze their OWL with MVP, contracts in exchange for potential bonuses after their funds remain frozen for a certain period of time.
If there is a prolonged decline where MVP vault funds are depleted, OWL must naturally regain stability, since we can not issue OWL bonuses.
Equation Details
The equation in the next section explains the circulation of assets in the economy, we use this to adjust the reward rate to reduce price volatility.
The price determined through the Schelling-based voting system, which will be explained later in the document, will be the variables we know later.
By using the price, we can adjust the rate of rewards that will increase, or in cases where the rate of return will be negative, and will take action to sterilize the asset.
Rewards increase as prices increase according to the linear model, thus ensuring an increase in supply, sufficient to keep pace with the expected increase in demand.
Fork From Ethereal to New Blockchain.
Due to the cost and scalability issues that exist in the current Ethereum protocol, Minerva plans to work even harder, Blockchain Technology is suitable for the forking process, which will occur as follows:
- The date of the fork will be announced through an email list and confirmed by Minerva.com a few months before we shut down the ERC20 system.
- On the day of the announcement we will also launch the new Blockchain Technology system.
- To convert your ERC20 token to a new OWL token, you must first sign up for a Minerva.com account.
- As with the Crowdsale verification, you will verify your Etereum address ownership, then you will be able to send the OWL ERC20 tokens to their destructive burning contract, and credit your account with the equivalent amount of OWL tokens.
- Prior to this fork, we can set minimum OWL / USD expenditure requirements on an approved platform to ensure the stability of the Minerva Volatility Protocol.
The first trader to integrate into the Minerva economy is a live-streaming service with revenues of $ 20 million, and more than 10 million users.
We will show a clean and concise impact of revenue and integration before integrating with Minerva.
We aim to integrate a wide spectrum of niche and mainstream businesses to multiple industries by recruiting selected groups into the Minerva Smart Money Alliance (MSMA).
Smart Money Alliance (MSMA).
The Minerva Smart Money Alliance (MSMA) is a proposed consortium of organizations that accept both, OWL as a payment or strategically partner with Minerva Technologies Limited, an Isle of Man-based software company Blockchain Technology software, and a parent entity to the Minerva platform.
We plan to work with different groups and individuals, to optimize exchange rates, and secure data storage, as well as its transmissions.
PRE-SALE.
We will hold pre-sale tokens and will likely be held privately.
FINAL PRINCIPLE CROWDSALE.
After the pre-sale token, the main and last crowds will take place
RESERVE MINERVA.
At the end of the crowd, the founding team will receive a 10% OWL tokens allocation, which is subject to a 12 month (12 month) holding period.
This token will serve as a long-term performance incentive for the founding team. An additional 10% will be allocated for long-term operating costs, 2.5% will be allocated to partnerships and another 2.5% for reward bug programs.
All Minerva OWL token transfers will be limited for two (2) months after the end of the crowd.
Roadmap.
Minerva Success Team.
For more details you can see below,
AUTHOR BY MCM10
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