Topic: NULL - page 35. (Read 456133 times)

You need to have more patience than ETH to be honest. 

Do I need eth contribution to the project?

Well pre-ICO investors got 150 MCO for 1 Ethereum.

During the ICO it was 120 MCO for 1 Ethereum.

They bought at low prices so will probably hold out until progress is made but those that purchased for $17 but now find the token at just $5 they will sooner or later start making noises.

Maybe they bought in at ICO, which had an average MCO price of like $2 USD (or less I think, depending on time they bought in due to fluctuating Eth price). So even now, they're still ahead!

Anyway, they should seriously just release cards in one country that has the easiest approvals, just to prove that they are capable of doing it. I don't even care if it isn't my country, just something to show that they can actually do what they said they can do.

Yep, I agree. 

One thing about MCO and TenX is Dr Julian was at least transparent in the way he burned up and ate through the ICO money, building new offices, hiring new staff, travelling the world in 1st/business class on the ICO money and attending events and just rambling like a stoner who thinks every step he takes makes the ground turn pink.

Whereas Kris seems to be more insular and does not have that TenX we are spending your money in your faces without a product attitude, instead it is more of a well when we are ready and only when we are ready will we make an announcement. 

These large ICO's that rake in Millions of dollars need to realize that once investors have paid you the money they want something in return, be that in a working product or a clear and precise dynamic roadmap that is continually updated as to where the project sits at any given time and the reason for possible delays. 


I would say that about 5% of major ICO's are actually capable of doing this and are able to put themselves in the shoes of Mom and Dad investors and understand that while two thousand bucks is peanuts to them, to an average working investors what you do with that $2k is very important.


MCO need to present a SWAT analysis to let investors know where everything stands as of now and into the near and long term future if they are not capable of doing that, they are just another fucking TenX but dressed differently. 


So MCO, we want to know, what the fuck are you doing?

I have no idea how big MCO investors are still so silent regarding them not releasing the card out to investors. they should start making some noise.

They are making no accounts available to explain where the funding is going and how much they paid to buy the crypto.com domain.

The Monaco team is headed by Kris from the failed Ensogo so what do you expect apart from delays and failure.

Defending this clowns shit coins seems like late innings though. I think Kris guy could have pulled millions off this if he had played it smart, instead he went on a binge along with his so called team of one member who is his ass licker. Now tell me isnt this a doomsday for crypto when lead idiots go on a cruise with their ass licking buddies?

Monaco doesn't have lot of time as many other projects which entered in this space have planned to release cards in coming weeks. Monaco has still some slight advantages over others which puts it in better position and it should be first mover. It is understandable that some serious issues exist on the ground which are making the whole process slower. But time is getting short with every passing day.

It's just so adhoc. Like they say oh cards soon we just need to do this thing over here and do this other thing, then months go by, and they say the same thing again.

Seriously they must be burning through cash, they need to actually get some products out there.

That QnA they just did was awkward. The answers sounded like we were still in 2017.

The price of MONACO coins has recently undergone drastic adjustments, but the MCO coins are one of the best targets for investors to buy at bargain prices for the medium and long term.

I know this project is great but we are waiting for so long I just hope for once they can meet up with their own deadlines lol.

Strong team? Do you mean the team headed by CEO Kris who used to be the CEO of Ensogo which collapsed and was under investigation for fraud?

I think that this project is underestimated, but it's just a matter of time. An excellent project with a very strong team and I think that soon we will see the real price of this coin.

I think Monaco is a disaster. I saw CEO Kris and his team in the press release video a couple of days ago and say confidently they are a disaster. I would never invest in that "project". Looks as though it is going to collapse soon.

The development of encrypted currency payment should be expected. The MONACO project is technically strong. You can participate in holding this coin and wait patiently.

ICO raises $26 million to deliver 'Monaco visa cards'.

More than a year later, we have no cards, an expensive crypto.com domain name, Monaco is now MCO since they didn't do their due diligence with checking legal issues with the use of the 'Monaco' label, and doing beta runs for other financial products that will link to cards that don't exist?

I am still believe though, but patience only goes so far. Get the core deliverables done and ship some cards!

They spent millions of US$ buyong the domain crypto.com and want to build an eco-system around that.

They want to rebrand their "Monaco" to "Crypto" and why not it is not as though they are paying from their own pocket.

The ICO raised $26 million at the time it ended last year saying they almost had everything ready to release the card and wanted to do it in August and then kept announcing they would release the card soon but "soon" never happened. During the peak in January 2018 that amount went up in millions and millions.

Kris (CEO of Monaco) was CEO of another company prior to that and it collapsed, there was an investigation surrounding the demise. Fraud investigations took place and for all I know might be on-going.

Stay away from investing in this shambles.

Well that sounds shitstorm to me. A total non-sense of spending funds that is non-sensical to VISA. Lol what a shame to Monaco. Looks like a waste of funds to those who invested in MCO. I feel it would failed once again. The good thing now is they're now rich and they can do whatever they want with the money they have. Not sincere at all.

The original whitepaper stated they would use a chunk of the funds raised to open a research and development centre in China. The Monaco team headed by CEO Kris (who was CEO of the now failed Ensogo) seems to be making all sorts of apps and getting involved in all sorts of projects with the exception of the one they received funding for.

They have not released their VISA cards even though they have been promising to do it for over a year.