WHAT IS MINERVA?
Minerva is a platform or an interface. It is the world’s first reverse merchant processor. It was built on the Ethereum blockchain. The OWL ERC20 token is the cryptocurrency of MINERVA. The aim of Minerva is to address mainstream cryptocurrency adoption issues as well as provide partnered businesses with incentive payment solutions. The company’s main aim is to provide highly efficient trading strategies for all their members to get good returns from their investments.
WHAT DOES MINERVA STAND FOR?
Minerva was the Roman goddess of wisdom, strategic warfare, trade or commerce, medicine, handicrafts, poetry and the arts in general. In many ways she was similar to the Greek goddess. The Romans equated her with the Athena, the Greek goddess. She had important temples in Rome and was patron of the Quinquatras festival.
WHAT MAKES MINERVA DIFFERENT FROM BITCOIN?
This is a very normal question that many people ask. They are curious the difference between MINERVA and BITCOIN. They want to know if MINERVA is different from BITCOIN, and if so, how? The essence differences between Minerva and Bitcoin is that Minerva is really designed to reward platforms that accept its OWL ERC20 token with reverse transaction fees, as well as address the challenges of mainstream cryptocurrency adoption. Minerva is a platform or an interface which is the OWL ERC20 token is its currency. In addition, Minerva takes place for the world’s first reverse merchant processor to being one of the leading cryptocurrency platforms.
WHO IS BUILDING MINERVA?
Team members and advisors of Minerva Technologies S.a.r.l., a Luxembourg based blockchain technology company are from around the world.
WHERE WILL MINERVA BE USED?
Minerva will be used on carefully selected interfaces which are subjected to carefully auditing and transparency agreements. It will consider partnering with any platform with a > 15,000 Alexa ranking. So, it is impossible we will consider partnering with any platform with a < 15,000 Alexa ranking.
HOW IS MINERVA PROFITABLE?
Minerva tax a % of paid out reverse transaction fees. It has lower processing and transaction fees. It is the world’s first reverse merchant processor. The fact that makes Minerva built is that it pays transaction fees to various businesses without charging them. The company does this because it wants to address the long term cryptocurrency problems that have stopped the progress of this industry for a long phase of time. In addition to that, it also plans to introduce trade disruptive incentivized payment to help accelerate the adoption of smart contracts and cryptocurrency.
One thing that many people are usually concerned with is whether the platform that they are joining is stable enough. With this in mind our engineers worked tirelessly to develop a set of tools that would help regulate currency supply both up and down, creating a built in Reserve Bank of sorts. Minerva is an interface that has been created from the Etheruem Blockchain that is highly efficient, secure, and reliable. With Minerva’s technology it is possible for the OWL ERC20 token to resemble a more traditional asset class in market movement, making it a safer asset for cryptocurrency collectors. The company has also put concrete measures in place to ensure that the stability of the platform is guaranteed. Though impossible to predict short-term price swings of any currency, we’ve spent considerable time ensuring our volatility model is both viable as well as the most optimal solution to date. Minerva is a very strong platform that is here to stay. You can be sure that all your investments will be in safe hands.
WHERE DO THE PROCEEDS FROM THE TOKEN CROWDSALE GO?
Early adopter participation takes place through a crowdsale dashboard accessible via Minerva.com. As displayed in the pie chart above, the token crowdsale is divided between multiple areas. 70% of 100,000,000 total initial Minerva OWL tokens will be distributed among crowdsales. 10% will be distributed amongst the long-term operational cost, 10% to the founding team, 5% to parternship signing bonuses. 2,5% bug bounty and 2,5% for our crowdsale bounty.
WHAT WALLET SHOULD I USE TO STORE MY MINERVA TOKENS?
Based on Minerva.com, ERC20 compatible wallets such as MetaMask, MyEtherWallet or TREZOR (with firmware >= 1.5.2 due to a recent security issue) are the physical cold storage solution.
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
Bitcointalk ANN THREAD : https://bitcointalk.org/index.php?topic=2072362.0
My Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=555335