Thursday, June 14, 2018

What differentiates Minerva from Bitcoin?


MINERVA (OWL) Built on the intelligent contract of Ethereum Blockchain, Minerva aims to incentivize approved platforms to adopt its crypto as a new payment method. The incentive 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.

The digital currency of today has serious problems. They are rarely used as currency. The problem is accompanied by excessive swings in prices in the short term that create huge risks for many companies accept the cryptographic currency

We foresee a world in which smart contracts help overcome the problem of excessive price changes, changing the way the business approaches crypto. By bridging the gap between businesses and customers, we hope to help bring mainstream digital currencies.

MINERVA (OWL) is a crypto and a platform that provides additional revenue streams to merchants who accept their chips as a payment method. We strive to show less harsh fluctuations in the short term through transaction testing and introduce incentive payment solutions to accelerate the adoption of cryptoconversion contracts and smart contracts in the mainstream.

What differentiates Minerva from Bitcoin?

The main difference between Minerva and Bitcoin is that Minerva is designed to reward platforms that receive their OWL cards with inverse transaction costs and also respond to the main cryptographic application challenges. Minerva is the platform and its OWL chips are the currency. In addition to being a cryptoconductivity, we are the first reverse commercial processor in the world.



Integration
Integration


Innovation of the platform

Minerva offers a generous system of rewards for companies that accept it as payment. Upon receiving the Minerva OWL tokens, each company receives a bonus that resembles an incentive to cash back a credit card. When Minerva OWL chips are received from your customers, they are automatically settled.

  1. Immediate liquidity through Minerva's API relevant commercial exchanges
  2. Elimination of returns and exchange commissions
  3. Additional protection against strong short-term price fluctuations
  4. Reverse transaction fees We pay them, not vice versa

Risk mitigation

Etereum founder, Vitalik Buterin, saying: "Then there will be several classes kriptoasset separately: the asset is stable for trading, speculative assets for investment, and Bitcoin itself can serve as a single Schelling point of universal patrimonial replication, similar to the function of current and historical gold ". While Bitcoin itself is not Schelling's only point, our goal is that OWL in the relative stability of encryption that allows businesses to benefit simply accept it as a form of payment.


The award system is designed so that Minerva OWL tokens enter the economy at different rates, making efforts to ensure that demand does not cause short-term price changes. As shown below in the case of the first use and direct us, we will integrate it with a large company when it was launched, and a future business calling for integration to demand strict security inspection, including an audit of prevention of money and fight against fraud. .


Speculation, currency fraud, drug markets and the general negative publicity of crypto in crucial will have little impact on our partner platform. The Minerva tokens have utilities beyond the speculative values, since they represent a valid value objective between the platform and the client, as well as agents, contractors, suppliers, creators and more.

Benefits for users

When customers pay using the Minerva OWL tokens, companies have more flexibility to offer a discount. This is because, instead of paying a transaction fee, the Minerva platform is an OWL tokens bonus at the time of each approved transaction. Users can buy OWL chips from the exchange market or market where they are traded, transfer them to one of the portfolios compatible with ERC20 and spend it on the Minerva platform.
If you join Minerva, you will get a decent and not disappointing benefit. It is caused by, Minerva full of professional and trustworthy people in its field

Minerva members:

Kevin McSheehan - Founder / Executive Producer
Corey Jackson - Founder / Principal Developer
Ron DiIorio - Founder / Strategic Partner
Kol Shtufaj - Creative Director, Brand & UI / UX
Cory Torrella - Business Development / Marketing
Robert Forster - Lead Solidity Developer
Courtney Turner - HR / PR / Social Media Strategist
Paul Petratos - Chief of Communications


Minerva Advisors:
Jevgenijs Steinbuks - Economic Adviser
Keidi Carrington - Legal Advisor
Greg Bailey - IT veteran


More Infomation

Website: https://minerva.com
Whitepage: https://minerva.com/whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=2072362
Facebook: https://www.facebook.com/MinervaToken/
Twitter: https://twitter.com/minervatoken
Telegram: https://t.me/minervachat

Author: haudhv
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1814424

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