Minerva is the world’s first reverse merchant processor.
It is quite clear that Minerva’s strategy focuses on onboarding merchants first, on the assumption that users will naturally follow. Tier 1 Advanced Internal Security Audit, Bug Bounty Program (Tier 1), Advanced Simulations and Modifications, MVP (Minerva Volatility Protocol) Beta, Exchange Integration Communications. Available Tokens for sale 60 % Minerva is the world’s first reverse merchant processor. And if Minerva can’t perform well in the short term, or raise sufficient funds from its tokens sale, then its long-term potential looks similarly bleak.
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- Full understanding of Minerva technical economy requires full understanding of white-paper which itself requires specialised economist training
- Direct contact channels (Telegram, Slack) are absent
These tokens will be released into the public pool when and if the token itself shows signs of overheating (on the back of speculative bubbles, for example).
Minerva is a platform built on the Ethereum blockchain. 11/19/17 Minerva is a platform built on the Ethereum blockchain, and its primary token is Minerva OWL. The slowness of Minerva’s execution means that buzz and hence the short-term potential for its OWL token doesn’t look very promising at all. Minerva will be used on carefully selected platforms which are subjected to rigorous auditing and transparency agreements.
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Worryingly, unlike most other blockchain projects which state a target completion date for each stage of their roadmaps, Minerva has not put any target dates whatsoever.
ICO Token Price: 0.00 USD, 0.00 ETH, 0.00 NEO Hence in a scenario where the OWL token price is rapidly increasing, the supply of OWL rises proportionally thus preventing large price spikes. Its goal is to get merchants to adopt its payment platform and token (the OWL token) through reverse transaction fees and price stability mechanisms. The aim of Minerva is to address mainstream cryptocurrency adoption issues and provide partnered businesses with incentivized payment solutions.
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Minerva’s US-based team is small; consisting of only 11 people.
Minerva’s blog barely has any content. Firstly, an initial reserve of tokens is held back from public circulation in the early life-cycle of the Minerva economy. At present, Minerva is being developed on the Ethereum platform. The only real user incentive for the Minerva platform is theoretically cheaper products.
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When the OWL price is decreasing, Minerva will incentivize users to temporarily take OWL tokens out of circulation.
Needless to say, this would be a big negative for Minerva. Minerva recently announced on its (sparsely populated) blog that it has signed on its first approved platform. While Minerva has a great concept (reverse transaction fees coupled with price stability mechanisms), it looks as if the execution leaves a lot to be desired. If this happens, it will affect Minerva’s public perception which might, in turn, affect the chances of merchants applying for its platform.
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Minerva is a platform built on the Ethereum blockchain, and its primary token is Minerva OWL.
Coming Soon… ICORanker Verified: NO Token Symbol: OWL ICO Price: OWL Bonus: OWL Platform: OWL Accepting: OWL Min. Strengths Weaknesses The Minerva ICO is one of a large number of competitors within the crypto-retail space that is seeking to crack the crypto mass adoption nut. Depending on project and stage of the Token Sale TokenMarket receives a fixed fee and/or a percentage fee based on the volume of the sale. [email protected] © 2018 Ingello Minerva is a decentralized central reserve. Minerva is a platform and the OWL token is its currency. In the fast-paced world of blockchain startups and ICOs, Minerva is moving very slow, far too slow for its own good.