Topic: NULL - page 174. (Read 456104 times)
is there a reason to this dump ? or it's just because of btc ?
It's because the asset contract got removed, which promised to share profits with investors.any news about that ? no word from kris?
is there a reason to this dump ? or it's just because of btc ?
It's because the asset contract got removed, which promised to share profits with investors. 
They dont have Visa license, but they have regular promises..
This guys have 2/3 of all tokens, which was unfrozen by smartcontract in September, and now selling their tokens...
This guys have 2/3 of all tokens, which was unfrozen by smartcontract in September, and now selling their tokens...
Nope, this is the address of the majority holder.
And he is not selling it .
The perc is the same since its very 1st day
https://etherscan.io/token/Monaco?a=0xf9a5e0436c01cc15708449e480fa5f2d6a5b55ca
Dont try to FUD
They dont have Visa license, but they have regular promises..
This guys have 2/3 of all tokens, which was unfrozen by smartcontract in September, and now selling their tokens...
This guys have 2/3 of all tokens, which was unfrozen by smartcontract in September, and now selling their tokens...
What are you talking about? Visa already approved monaco as program manager
You're right, monaco already approved by visa. The team already gave announcement a week ago. You also can find information about visa approval on monaco website on FAQ menu. Here it's : https://mona.co/faq
They dont have Visa license, but they have regular promises..
This guys have 2/3 of all tokens, which was unfrozen by smartcontract in September, and now selling their tokens...
This guys have 2/3 of all tokens, which was unfrozen by smartcontract in September, and now selling their tokens...
What are you talking about? Visa already approved monaco as program manager
I was a long time ago a mco token holder, or did anyone finally get the promised black monaco payment cards? 
I think all people still not received yet monaco card, because monaco team said that they will refrain from providing exact dates of when cards are going to ship, as a substantial testing is required in closed beta, before the platform is open to public.
I think all people still not received yet monaco card, because monaco team said that they will refrain from providing exact dates of when cards are going to ship, as a substantial testing is required in closed beta, before the platform is open to public.
I have become more and more convinced that ICO market needed some regulation, order, changes. Team collect big amount of money and don`t want to follow simple milestones. Show me some other area in software development, where you can do what you want, without any strictly stated day of reporting. If ICO like Monaco for example would have received payment from their fund for some finished part of work, without a doubt, their card would have been in circulation.
And this is why many big investors are not interested to play with that. Serious people are coming with serious many and what they see are stories like Monaco. With such amount of money from ICO I wouldn't be surprised to see the guys taking couple of months of holidays hence the delays (too much success
) The regulation is indeed key to success and stable growth .I'm 100% with you on this one and I've been just as upset when I heard the announcement. But I'm still willing to wait and see if they are going to address this anytime soon. Kris already stated that they are looking for a replacement of the asset contract that doesn't conflict with laws. Doesn't make it any better than they even tried to get rid off it without offering even an "ongoing attempt" at a replacement in the first place though....
The solution is very simple, and Kris knows it, instead of putting the 1% in the asset contract, just buy MCO tokens with them and burn them, that reduces supply and puts exactly the save added value to each token. It's a simple solution that doesn't make it a security at all, and is employed by many ICOs. The decision to scrap the asset contract was simply to increase the profits of Monaco company itself without considering MCO holders. It is not a coincidence that they announced the scrapping of the asset contract exactly at the same time as the VISA deal, hoping it will just fly under the radar.
But that's the danger of investing in an ICO, they are not legally obliged to offer any value to MCO holders. the token can go to 1 cent and the Monaco can still be successful and bring a lot of money to the devs, but nothing to the token holders, that applies to any ICO.
We don't need any special bonuses. If Monaco will succeed MCO value will reflect that success. Period. Kris choice to burn contract asset thing was the best thing it could do to assure Monaco legality all over the world.
Do you have the bounty program?
This ico ended some month ago so you are too late. But if you still interested with mco coin you can buy this coin on bittrex, binance or other exchange that you can see on coinmarketcap
I was a long time ago a mco token holder, or did anyone finally get the promised black monaco payment cards?
I think all people still not received yet monaco card, because monaco team said that they will refrain from providing exact dates of when cards are going to ship, as a substantial testing is required in closed beta, before the platform is open to public.
I have become more and more convinced that ICO market needed some regulation, order, changes. Team collect big amount of money and don`t want to follow simple milestones. Show me some other area in software development, where you can do what you want, without any strictly stated day of reporting. If ICO like Monaco for example would have received payment from their fund for some finished part of work, without a doubt, their card would have been in circulation.
"A code rewrite with the Monaco token, removing its asset smart contract scheme has seen the coin’s value plunge, leading to a loss of trust among investors as they move away.
At the end of October, the Monaco token was trading around $10.51, with a market cap of $103 million. However, on the 2nd November, it had plunged to $4.75, pushing its value down to $46.6 million, according to CoinMarketCap.
This was despite the fact that Monaco had announced that it is teaming up with Visa for a Monaco Visa prepaid card."
Seen at: https://www.cryptocoinsnews.com/monaco-token-price-drops-in-value-by-18-in-seven-days/
At the end of October, the Monaco token was trading around $10.51, with a market cap of $103 million. However, on the 2nd November, it had plunged to $4.75, pushing its value down to $46.6 million, according to CoinMarketCap.
This was despite the fact that Monaco had announced that it is teaming up with Visa for a Monaco Visa prepaid card."
Seen at: https://www.cryptocoinsnews.com/monaco-token-price-drops-in-value-by-18-in-seven-days/
And?
"A code rewrite with the Monaco token, removing its asset smart contract scheme has seen the coin’s value plunge, leading to a loss of trust among investors as they move away.
At the end of October, the Monaco token was trading around $10.51, with a market cap of $103 million. However, on the 2nd November, it had plunged to $4.75, pushing its value down to $46.6 million, according to CoinMarketCap.
This was despite the fact that Monaco had announced that it is teaming up with Visa for a Monaco Visa prepaid card."
Seen at: https://www.cryptocoinsnews.com/monaco-token-price-drops-in-value-by-18-in-seven-days/
At the end of October, the Monaco token was trading around $10.51, with a market cap of $103 million. However, on the 2nd November, it had plunged to $4.75, pushing its value down to $46.6 million, according to CoinMarketCap.
This was despite the fact that Monaco had announced that it is teaming up with Visa for a Monaco Visa prepaid card."
Seen at: https://www.cryptocoinsnews.com/monaco-token-price-drops-in-value-by-18-in-seven-days/
I'm 100% with you on this one and I've been just as upset when I heard the announcement. But I'm still willing to wait and see if they are going to address this anytime soon. Kris already stated that they are looking for a replacement of the asset contract that doesn't conflict with laws. Doesn't make it any better than they even tried to get rid off it without offering even an "ongoing attempt" at a replacement in the first place though....
The solution is very simple, and Kris knows it, instead of putting the 1% in the asset contract, just buy MCO tokens with them and burn them, that reduces supply and puts exactly the save added value to each token. It's a simple solution that doesn't make it a security at all, and is employed by many ICOs. The decision to scrap the asset contract was simply to increase the profits of Monaco company itself without considering MCO holders. It is not a coincidence that they announced the scrapping of the asset contract exactly at the same time as the VISA deal, hoping it will just fly under the radar.
But that's the danger of investing in an ICO, they are not legally obliged to offer any value to MCO holders. the token can go to 1 cent and the Monaco can still be successful and bring a lot of money to the devs, but nothing to the token holders, that applies to any ICO.
We don't need any special bonuses. If Monaco will succeed MCO value will reflect that success. Period. Kris choice to burn contract asset thing was the best thing it could do to assure Monaco legality all over the world.
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