MinexPay Report | Week 8: Back On Track!

Minexcoin | MinexPay
Minexcoin | MinexPay Blog
3 min readAug 23, 2018

Greetings from, Kiev, Ukraine. Here, in our office, the development process is as lively as ever. Meanwhile, on the other side of the globe, one of the most recent additions to our team, Peter, who now serves as the VP of Minexcoin, is giving his all at BlockShow Americas conference in Los Angeles, spreading the world of Minex to the world. Take a sit, brace yourself, and prepare for a load of development updates while we go over the numbers.

Increasing tempo

Keeping it short, the number of pre-orders is now 16945. It has increased by 1896 over this week.

MinexPay Cards Pre-Orders, total (16Aug — 22Aug 2018)

Predictably, there has been no change in the percentages of cards as well. Standard ones are an absolute mainstream, gold and infinite ones battle for spotlight while platinum get the least attention.

MinexPay Cards Pre-Orders by type (16Aug — 22Aug 2018)

Oh, there is also a total of 1045 paid cards, which means that people have already transferred the associated MNX for the 1045 cards.

With accounting matters settled, let’s dive deep into development shenanigans.

To start off, we’ve implemented previously mentioned Hydrogen blockchain 2FA protocol into the MinexPay and are currently testing it. It will be publicly available at the beginning of the next week. In the meantime, you can join the public beta-test of our web-wallet by following this link and asking for some test coins at support@minexsystems.com or in our chats.

Now the Instabuy exchange rate will be equal to coinmarketcap average rate * 1.03. We’re also adding an alternative IP, so that even if coinmarketcap is not responding Instabuy will remain functional. This feature is under testing as well and will be functional next week.

We’ve almost finished implementing AML section to the MinexPay website. It’s yet unclear whether KYC and AML will be concurrent or consecutive processes, but it’s rock solid that we are going to implement it on Monday.

Overall, the main focus of the development team is currently focused on the Web Wallet. We take user experience and assets security extremely seriously and thus are working on making the Web Wallet as secure and easy to use as possible. For now, it’s a work in the shadows, and you can see no easily perceptible results of it, but it’s a work you will no doubt appreciate once we release the wallet in the not so distant future.

And one more thing, the cashback rates were decreased for all cards and are now 15% instead of 20%. If you are still considering a purchase of MinexPay, you might want to make haste and buy a card while this sweat deal is still available. Finalize the order now at: https://minexpay.com/user/login

What do you think of this week’s updates? Follow our social media to stay up to date!

Twitter|Telegram|Reddit|Steemit|Facebook|YouTube|GitHub|Bitcointalk

--

--

Minexcoin | MinexPay
Minexcoin | MinexPay Blog

The official Medium account of Minexcoin and MinexPay. Your piece of mind in the banking on a blockchain. https://minexpay.com