Manilla Finance is a leading company in the blockchain technology industry. They have transformed the way digital currency payments are made and have launched an eco-friendly mobility platform that simplifies payments through their payment gateway and innovative technology.

1. Can you provide an overview of the Manilla Finance ecosystem and its main objectives?
Answer: The Manilla Finance ecosystem aims to provide a user-friendly peer-to-peer cryptocurrency exchange with centralized exchange features such as staking and borrowing protocols. It was developed as an accessible alternative for Nigerians and other African countries following restrictions on cryptocurrency trading by the Nigerian Federal Government. The ecosystem also includes the Manilla Service Suite section of the application, which allows users to use cryptocurrencies for everyday utility bill payments and settlements for various expenses. Additionally, there is a standalone mobility application called Cabbie, which aims to become Africa’s first carbon-neutral mobility platform and accepts cryptocurrency as payment.

2. What motivated the Manilla team to shift their focus from a peer-to-peer cryptocurrency exchange to a super app or omni-service platform?
Answer: The decision to shift focus was driven by the realization that a significant majority of cryptocurrencies lack practical application and are mainly traded for speculative purposes. The Manilla team wanted to provide a platform that offers practical utility for cryptocurrencies by enabling their use for everyday payments, such as utility bills, flights, hotels, and more. The aim was to bridge the gap between cryptocurrencies and real-world usage, making them more valuable and accessible to users.

3. Could you explain how the staking protocol works in the Manilla Finance ecosystem and what benefits it offers to users?
Answer: The staking protocol in the Manilla Finance ecosystem allows users to stake their MNLA tokens and stablecoins for stable, high yields. By locking their MNLA tokens for a year, users can access consumer loans on the go, using their locked MNLA tokens as collateral. This feature offers users the benefit of earning stable returns on their staked assets while also providing them with a convenient option for obtaining consumer loans.

4. How does the partnership with global technology providers and security layer providers contribute to the success and security of the Manilla Finance ecosystem?
Answer: The partnerships with global technology providers enable Manilla Finance to gain access to utility providers worldwide, expanding the reach and usability of the platform. Collaborating with security layer providers ensures the protection of users against intrusions and enhances the overall security of the ecosystem. By leveraging the expertise and technology of these partners, Manilla Finance can provide a secure and reliable platform for users to conduct their transactions and payments. As we prepare for launch, we have already partnered with Fireblocks, Sayfer, Kirobo, Bitgo & many more solutions and infrastructure providers.

5. Can you elaborate on the role of the MNLA token within the Manilla Finance ecosystem and its benefits for users?
Answer: The MNLA token serves as the native token within the Manilla Finance ecosystem and is the preferred token for both the Manilla application and Cabbie. Using the MNLA token for payments on the platform offers various benefits to users, such as access to special discounts, rewards, and exclusive features. It provides a seamless and efficient payment experience while also offering additional incentives for token holders.

6. How does the Cabbie application contribute to the overall vision of the Manilla Finance ecosystem?
Answer: The Cabbie application aligns with the Manilla Finance ecosystem’s vision by becoming Africa’s first carbon-neutral mobility platform that accepts cryptocurrency as payment. By integrating cryptocurrencies as a payment option, Cabbie supports the practical application of digital assets in everyday life. This contributes to the ecosystem’s goal of making cryptocurrencies more useful and valuable while also promoting environmentally friendly transportation options.

7. What assurances can you provide regarding the security and support offered by the Manilla Finance platform?
Answer: The Manilla Finance platform has implemented top-of-the-line security protocols to ensure the safety of users’ assets while using the solution. The team consists of highly experienced professionals who are available 24/7 to provide technical support and guidance to resolve any issues. Users can rely on the platform’s security measures and the support of the team to have a secure and smooth experience when utilizing the services offered by Manilla Finance.

8. What is the expected timeline for the launch of the Manilla web and mobile applications?
The development of the application has been finalized, and we are currently conducting thorough testing to ensure a seamless launch. Our plan is to hold an ICO for a liquidity bootstrapping event featuring its native token (MNLA) in September. Subsequently, the application is scheduled for a stealth launch in November.
More information can be found on our website at https://manilla.finance