Topic: NULL - page 155. (Read 456163 times)

Are they mentioned by Palm Beach? I hear everybody talking about MCO and Palm Beach confidential, and the price is mooning now. Did I miss something?

If I am not mistaken, the ICO price of Monaco token is 1 MCO = 2.88 USD.
You can try to read again the price in whitepaper or other reports after crowdsale in medium blog.
My memory is not good .

Visa is confirmed since a few weeks, where have you been? 
Another thing is, the cards still can't be ordered.

still no visa only blah blah blah 

How much were MCO ICO initial price? $1+USD?

Your patient will be rewarded? Are you a doctor? And what does he have to do with your heavy MCO bag?

iam really sad about Monaco speed but iam not gonna sell my heavy bag, I believe my patient will be rewarded

@TheHas thank you so much for sharing that blog link. I just read that blog post and I happy to say it answers almost all question I had so thank you.

You are aware of the fact that the partnership has now been officially announced and things are going forward?

Yup, I understand this problem, however, I hope Monaco's devs team can release Monaco to countries in Asia soon. In my country, almost investors in this project and TenX project always comparison together, I heard TenX - an ICO project also has same idea as Monaco - had plan for Asia and got confirmed for their Visa.

I agree to BTCMILLIONAIRE, Monaco has broken the promise with the asset contract, we all hope you guys will make something similar to get trust from the investors back. What about a Token split, I've already explained how other projects handle it:

You apparently haven't heard me and there really is no emotion involved. It's simply an objective analysis of what has happened so far.
As you're apparently a community/PR type of manager, I doubt you're grasping the impact of the asset contract since even Kris himself claims this to be the case.

But it's patently false that the asset contract would have less of an impact for investors returns. And the fact that MonaCo still claims that the asset contract, which was meant to directly share the potential billions of annual revenue with investors makes this whole endeavour seem either extremely immature or outright dishonest.
Only someone who doesn't understand the value of the asset contract or someone who straight up benefits from the removal of it would taint it as impactless or even worthless as Kris put it.

I am actually shocked that MonaCo still hasn't rectified its stance on this matter and keeps going with the ridiculous "worthless" narrative.


I do agree that the dump was in part due to technical trading, and I don't see why MCO should care since the company will make more profits by removing the asset contract simply because MCO already has its ICO money and doesn't need to concern itself with the token price as long as people start using the cards.

And traders would trade anything regardless of fundamentals as long as it makes them money, they care about nothing else after all.

So sure, from MCO's perspective the asset contract is worthless, MCO will make more money without it since it won't have to share any of its profits. But from any investor's perspective that actually knows what he's doing it's the last nail in the coffin.
Refer to my conservative calculations based on current card orders in a previous post for details. In the mid to long term the asset contract was the value of the token.

Thank you. We are so excited in bringing our cards to you soon. We are working on bringing the coolest perks to the Monaco card holders.

There are different compliance in different countries, so it would be difficult to tell specifically.
Our planning is to rollout in Asia, Europe and the North America.

We are the VISA program manager.
The benefits are:
- pricing – we can offer better terms to our customers
- freedom to innovate – we can structure the program the way we think is best for our customers

We hear you and understand your emotion. In fact, the token value is strongly correlated to the number of users on Monaco platform. Every single holder of Monaco Platinum card needs to hold tokens and will also earn MCO through up to 2% cashback on all transactions. Utility of the token will increase over time - an example cited in the recent Q&A is discounts on fee when paying with MCO.

All of the above has much bigger impact that the Asset Contract. It's our view that the sell off on the day of Visa announcement was driven by technical trading, i.e. people waiting to sell on the day of the Visa announcement, rather than the news of Asset Contract removal. Having said that, we understand this is an important matter for the community and are looking into rolling out a replacement that will be fully compliant and not carry any legal risks that would potentially negatively impact token holders.

We can't give exact date for now. Rest assured we are working as fast as physically possible to deliver the card to you.

Yes Monaco do have an agreement with Visa. Announcement was end October, further detail on their twitter and website.

If you're interested I've gone through some of the backstory here, but in answer to your question, they are producing cards, with Singapore the first location for rollout.

I don't know much about this VISA industry but can they start mass producing cards without the approval of VISA?

So not a single card has been shipped yet. May I know when will the cards be ready? I believe that my order might take a very long time since my queue number is way over longer since I just recently made my order for Monaco Ruby card.