Built on a smart contract in the Ethereal block, Minerva aims to provide incentives on platforms approved to adopt its crypto as a new payment method. Incentivization is achieved by rewarding this approved platform with a newly printed OWL token. This token is generated at the variable rate when the currency is used. Today's digital currency has serious problems. They are rarely used as currency. The problem is coupled with excessive short-run price swings that create huge risks for many companies to accept crypto-crypto. We envision a world in which smart contracts help to overcome too high price changes, changing the way business approaches crypto. By bridging the gap between business and customers, we hope to help bring the mainstream of digital currency.
The definition of Minerva Minerva is the world's first reverse merchant processor. We pay transaction fee to business, we do not charge. We address the problem of cryptococcal adoption by introducing incentive payment solutions that disrupt trade to accelerate the adoption of crypto and smart contracts in the mainstream.
Minerva is a platform built on the Etherium block and the blurred currency is lexeme OWL ERC20. Minerva's goal is to address the mainstream issues of crypto currency implementation and to provide business partnerships with Incentivized payment solutions. ERC20 compatible wallet, such as MetaMask, MyEtherWallet or TREZOR.
The Minerva project is the fruit of a team led by Kevin McSheehan, Corey Jackson and Ron DiIorio. In addition there are many developers, designers, architects and other marketing experts who assist them in project work. Together they have the knowledge they need to overcome the challenges that exist in their journey. Many projects lack the skills and variety of people like this project.
MINERVA USED Minerva will be used on carefully selected platforms subject to strict auditing and transparency approvals. It is not possible to consider parterning with any platform with> 15,000 Alexa rankings. Minerva uses four main methods to prevent voter manipulation: 1. Deposit is required to vote; the deposit corresponds to the effect of the participant's vote on "Minerva contract price" and the deposit determines the prize received for voting. This deposit will be lost if the voting is considered invalid.
2. A "votechain" is used in the process
this.
Votillon allows more decisions
go about past voice validity
because new sound is inserted.
When a participant gives
sound at current prices, they too
asked to enter the price of
some last moment selected.
This sound is then compared
with previous voting
and votes judged to be unlawful
lose their deposit. "No sound
legitimate "is defined as not falling between
the 25th and 75th percentiles of size
sufficient sample.
3. If the votes are sufficient, all cast votes are rewarded, while at the same time only one percent is permitted to affect Minerva's contract price .
4. Open source voting and polling automation with real-time log output as a failsafe mechanism. This safeguard is only activated if it is equipped with evidence of a sophisticated attack that occurs in the Minerva Volatility Protocol.
MINERVA VS BITCOIN? The main difference between Minerva and Bitcoin is that Minerva is designed to reward platforms that receive their OWL tokens with backlink rates while addressing the widespread adoption of crypto currency challenges.
Minerva is your OWL platform and token, is your currency. In addition to being a crypto-currency, we are the world's first reverse merchant processor.
Bitcoin is Minerva designed to reward platforms that accept their OWL tokens for reverse transaction costs and also respond to the key adoption crypto key challenges. Minerva is the platform and the OWL token is the currency. While Bitcoin actually collects more expensive transaction fees are increasing from time to time.
TECHNOLOGY Minerva is currently the token and smart contract ERC20 system built on the Ethereal blockade. Following this standard, Minerva tokens are easily transferable between users and platforms using an ERC20 compatible wallet, and can be seamlessly integrated into the exchange.
SERVICES AND LAYER APPLICATIONS Certain OWL tokens will be held and issued for businesses to serve as "signing bonuses" subject to the slow-time-release and distributed algorithms on a first come basis, first served at 5% of bonus vouchers to the point where the vault become almost exhausted and 5% signing bonus is not significant. This is in addition to the Minerva OWL token bonus issued to business partners via Proof-ofTransaction at a variable level designed to ease inflation and combat hard swing prices. With this model, OWL tokens can be exchanged for services on Minerva-approved platforms and then resold to market by respected businesses, creating additional value for money. OWL tokens can not be generated by any other method.
The basic income generating aspect of Minerva allows approved and integrated businesses to increase their revenues as soon as they are implemented, and gives more flexibility to the leased platforms to reward customers with discounts. Platform Innovation Minerva provides a generous reward system for businesses that accept it as payment. Upon receiving Minerva OWL tokens, each business is given a bonus that resembles a cash back incentive of a credit card. When Minerva OWL tokens are received from their customers, they are automatically liquidated.
> Instant Liquidity via API from Minerva relevant trade exchanges > Removal of chargebacks and exchange fees > Additional protection from harsh short-term price fluctuations > Reverse transaction fees We pay them, not vice versa MINERVA BENEFITS
New cryptocurrencies are introduced almost daily and their value can grow exponentially from the start. At the same time, many were abandoned after the novelty and market of the "honeymoon period", after which soon fell out of meaningful use. Despite this newborn cryptocurrency market feature, it is clear that some of the statistical properties of the cryptographic market have stabilized over the years. The number of active cryptoes, the distribution of market share, and the crypto diarrhea turnover remain predictable.
By adopting a mathematical perspective, we see a neutral model of the economy of cryptocurrency. This allows one to gather insights based on clear empirical observations, regardless of the advantages and disadvantages of one crypto above the other. We have used this research to uncover the unique nature and important factors for understanding how cryptococcus provides value to end users and long-term token holders.
What if Ripple provides a unique advantage to companies in the banking industry and other financial institutions
What if Bitcoin is not controlled almost exclusively by speculation?
What if the Ethereum mining award was submitted to a company that accepted it as a payment and was accumulated by the '
PRA-SALE / CROWDSALE
BASIC INFORMATION Early adopter participation takes place through crowded dashboards accessible via Minerva.com. A total of 75,000,000 of the 100,000,000 total initial marks of Minerva OWL will be distributed in two crowds. A pre-sale is followed by a major Minerva crowd, and each is accessible to parties outside the United States. The crowd will be held in an auction format because minerva is distributed will be rewarded with the amount of donations received, and then distributed accordingly. 25.000.000 Minerva will be excluded from the crowds described below in the "Reserve Minerva" section. After 100,000,000 initial OWL tokens are created, the creation of a new token, in addition to bonuses associated with the platform utility, will be permanently terminated. Within 1 year (365 days) of crowdsale, an announcement will be made regarding the potential of 1:
PRA-SALE We will hold pre-sales tokens and will likely be held privately.
FINAL PRINCIPLE CROWDSALE After pre-sale token, the main and last crowd 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 bug rewards programs. All Minerva OWL token transfers will be limited for two (2) months after the end of the crowdsale.
TOKEN SALE The crowdsale tokens are divided between the following sections: a. 70% token will be distributed among crowdsale participants. b. 10% will be distributed among the founding team and advisers. c. 10% will be provided for long-term operating costs and new progress. d. 5% will be reserved for distribution to a new partnership in the form of signing bonuses. e. 5% will be backed up and share between the promotional gifts and the diligent bug bugs program.
ROADMAP
FOUND INTERNALLY
Development of Basic Platform for External Market Simulation
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