MagniPay is a Blockchain cross-border value-added consumption platform, which was developed over 5 years by NewEye, a US electronics company. It utilizes the Blockchain's core technology mechanism and the tokenomic to transform the currently segmented consumption market and achieve diversified income streams.
The world is now undergoing unprecedented changes: 5G, AI, big data, Blockchain and IoT, etc., are affecting people's lives in all aspects with irresistible force. E-commerce platforms such as Amazon, JD.com, and Taobao have accelerated such trend, leading to an increasingly integrated global consumer market; consumption habit is gradually shifting from offline to online. However, due to differences in national conditions, regions, currencies, tariffs, payment methods, and logistics, etc., a globally unified market standard has yet to be achieved.
The emergence of MagniPay will solve the problem; it uses Blockchain technology for payment and settlement, and deliver goods and complete transactions through cross-border logistics; users' shopping experience is not limited to a specific local city or country; it allows users to get their desired goods from a foreign country at the fastest speed, with the highest quality, and with the most affordable price. Magnipay will establish the world's leading international value-added consumption platform.
Users buy and sell goods through MagniPay, and get rebates from all consumption and sales; value can be generated from every transaction.
Users' investment in any institution or platform is entitled to full risk protection at MagniPay. Regardless of whether the investment is successful or not, MagniPay will deliver the responsibility and care to every user.
MP token is the circulating token of the MagniPay platform. It can be obtained through user consumption, merchant sales, investment insurance, mining and etc. The value of MP increases by 1%-5% daily based on the increase in global sales volume. MP token is the payment currency for millions of users around the world and connects tens of millions of commodity transactions worldwide. Its future appreciation potential is huge and will far exceed the current issue price.
MagniPay's value-added consumption system maximizes the benefits given back to users, thereby attracting a huge user base and generating a large transaction volume. The platform earns substantial profits by charging handling fees, selling advertising space, selling merchandise, and from the appreciation of MP value. These profits will be returned to users to maintain the healthy development of the platform.
After the company is listed in the future, it will gain more profit and room for appreciation in the capital market.
Group Chairman, MagniPay
Honorary Director, Man Group (UK)
Co-Founder, European Blockchain Venture Capital Fund
Co-Founder, UAE Sailing Fund
Co-Founder, World Blockchain Autonomous Association
Honorary Member, European Blockchain Council
Executive Chairman, World Blockchain Conference
Apart from the core business of cross-border value-added consumption, MP tokens will be launched and circulated in the future, which can be used for transaction payment on other platforms. At the same time, the MagniPay platform will use its strong traffic to actively expand the four major businesses, namely merchandise sales, advertising space sales, investment insurance, and company listing. It allows more users to enjoy products with greater quality in the most affordable way; allows brands to display greater brand value through platform advertising; ensures every user's investment to be truly protected. The company's intrinsic value will continue to rise, thereby obtaining greater valuation and profit in the secondary market. These four major business ecosystems will generate continuous cash flow for the platform.
Chain Reaction from High Traffic