Business Idea

Minerva is a payment service provider and application with a cryptocurrency utility token (OWL) which provides an additional revenue stream to approved merchants accepting it as a method of payment. They seek to demonstrate less violent short-term fluctuations through Proof-of-Transaction and introduce incentivized payment solutions to accelerate the mainstream adoption of digital currencies and smart contracts, integrating with a $20 million annual revenue platform with over 10 million users. Minerva aims to incentivize approved merchants to adopt its cryptocurrency as a new payment method. Incentivization is achieved by rewarding these merchants with newly minted OWL. These are generated at a variable rate as OWL.

Fundraising Goal: 10.000.000 USD

Token type: ERC20;       

Token supply: 100 million;

Ticker: OWL;                 

Available for token sale: 60%;

Know Your Customer(KYC): Yes;

Can’t participate:

• USA

Accepts: ETH;                

Number of Team Members: 8.

Allocation:

• 60% Presale & Final Public ICO
• 10% Founding Team/Founding Advisors
• 10% Management
• 7% Strategic Advisors
• 5% Long-term Operation Costs
• 5% Partnership Signing Bonus
• 2% Bug Bounty
• 1% Promotional Bounty

Pros

• Already running business with low chances of failure.
• Strong economy of token.
• Good overview in the media.

Cons

• Team is not strong enough.
• Shady Advisors.

Social Media

Twitter – 12.2k followers, couple of posts per day. On average, 900 retwitts and 500 likes per post.

Telegram – 3,392 members

Facebook - 2900 followers, couple of posts per day. On average 200 likes.

News

Token Sale Period isn’t set.

Minerva makes no guarantees of specific timeframes, and certain roadmap items may take outof-order precedent over others but they aim to do all listed below in 2018.

Tier 1

Advanced Internal Security Audit, Bug Bounty Program (Tier 1), Advanced Simulations and Modifications, MVP (Minerva Volatility Protocol) Beta, Exchange Integration Communications.

Tier 2

Minerva Smart Money Alliance (Tier-1), Team Expansion (Tier-1), Bug Bounty Program (Tier-2)

Cross Platform Minerva Wallet, Voting Dashboard, MVP Dashboard and Management

Merchant Integration Automation, New Merchant Platform Developer, Documentation, Improved Revenue Reporting Interface.

Tier 3

Minerva Smart Money Alliance (Tier-2), Team Expansion (Tier-2), Advanced Platform Automation, Advanced Revenue Reporting Interface, Resource Tracking, Continuous Audit Implementation, Cross Platform Minerva, Ethereum &, General Purpose ERC20 Wallet

Tier 4

Minerva Smart Money Alliance (Tier-3), Team Expansion (Tier-4), Private Blockchain Research

Debit Card Partnership(s) Research.

Tier 5

Minerva Smart Money Alliance (Final Tier), Team Expansion (Tier-5), New Blockchain Research

Tier 6

Team Expansion (Final Tier), New Blockchain Fork

Team

The ORBS Team is basically USA based with low level of experience where most of them are working in different companies in the same time.

Key members:

Kol Shtufaj: Creative Director Brand & UX/UI with great experience working in WWE.

Keidi S. Carrington: Attorney with ties in State Street Bank and SEC.

Jevgenijs Steinbuks: Founding economic advisor. Working also as Economist at The World Bank.