Topic: NULL - page 410. (Read 456107 times)

Maybe the best choise in this moment is wait for price drop and buy just when they release cards and app...

In the short term the price can only go down because there is not cards, there is not app, there is not developing news. Just a lot of tken released and ETH raised

I'm trying to understand how could someone invest in something that is not a good investment, obviously, in the short term (that's because there is not the app right now and there is not cards or anything else) so we are, right now, talking about AIR.

For the long term? we can't now maybe is a scam? maybe they will not deliver anything?

or maybe will they deliver cards, app and anything else they "promise" ? in this scenario the price will go up to the moon like 30-60$ very fast following ETH's story.

I'm just asking because I'd like to invest in a project like that, but I saw too many scams before and I think that invest money on promises is very strange.

Anyway they hold 2/3 of MCO that will be release for the team in 3 mounth by a smart contract (they say, we can't know! maybe they can already sell it on bittrex?)!!!

what's the logic behind? where are black cards? why they are late with delivery? anyone remember companies like Cointerra?

all of them just wanna scam us

When are they planning to launch? and what version will it be first: mobile app or web? And also they have a picture of their card on the website but there is no VISA sign on it so will it really be a VISA card?

Well this offer is ok, i don't see why translations are not needed especially now when token is on exchanges, at least team should do this for its investors.
Please explain us what are you trying to do? 
Try to put more creativity, investigate, and then compile something really good instead of repeating one sentence over and over.

a lot of money invested in an ICO where the team hold 2/3 of total MCO in circulation...

Crazy?

Most people ask and do not read first in the thread, so do not bother the person to do that ..

Thanks Matt, very interesting...think I may start accumulating MCO as a 6 -12 month hold..keep up the good work 

No. Because this ICO already finished with good result and they don't need any translator IMHO. Did you think this ICO didn't started yet?

Talk about bounty here

Monaco Card Bounty Program - Earn Reward For your Support
https://bitcointalksearch.org/topic/monaco-card-bounty-program-earn-reward-for-your-support-1924985

chinese translation required?

Will, Polo exchange will receive an ETH-based MCO token, I think it's very difficult to see a registered MCO on Polo, and it seems to exchange Bittrex, is good enough ..

I think it's not yet. Listed on bittrex already a very good move from monaco. Just see how many other ICOs didn't listed yet on bittrex.

Yes, detailed breakdown of the token pools is in the whitepaper. We modelled our Token pool structure on VC-backed companies doing IPOs. 30% went to the public, 30% is kept by the company as capital reserve for future fundraising. 25% is for the team, 10% is for future hires as a talent pool and 5% is for advisors. The reality is that building a large scale consumer brand in financial services requires world class talent, a lot of capital, time and luck. The way we structured the Token pools increases our chances of building a global business with millions of customers, who will transact billions of dollars on the platform, driving the price of MCO up for all Token holders. Back of the envelope calculation: assuming a very low of acquired CAC (customer acquisition cost) of US$30, it will cost US$150m to reach 5m customers. That's just direct cost. On top of that there is a lot of infrastructure that needs to be built to serve this kind of number of customers. It can't be done with 20 devs and no other headcount. Risk & Compliance, customer support, product, tech, marketing, finance - we're building a business and not just launching a coin. Above all, you have to remember that with this setup founding team incentives are 100% aligned with all Token holders - we all want to see Monaco at a billion dollar market cap. This is when we all win and this is what we are working towards.

It's working perfectly fine. If you have problems signing in, PM me your email and I will send you a direct invite.

monaco slack channel is not working

what about polo? did you guys get in touch with them?

It's up to them, because they own it - they need to enable the trades. Last update was live by Wednesday, which is today. Most exchanges are currently swamped with new coins being added and have backlogs.

This is an Excerpt from the Whitepaper describing it in detail

1. Monaco Card founders, advisors & future employee token pool
• 25% of MCO created during the creation event will be allocated to Monaco Card founders,
locked in a smart contract for 3 months
• 10% of MCO created during the creation event will be allocated to the Company and utilized
as a future employee token pool, to strengthen our ability to attract & retail top talent; these
tokens will be locked in a smart contract for 12 months
• 5% of MCO created during the creation event will be created for and granted to advisors;
these tokens will be locked in a smart contract for 3 months

2. Capital Reserve
• 30% of the MCO supply will be credited to the reserve, but not issued. These MCO will be
available as an additional token sale mechanism, but may never be issued, depending on circumstances
in the future.


There's even an example provided

During the Token Creation Event, we imagine that exactly 1,000,000 MCO are created in response to
incoming payments.
After the Token Creation event ends, the following additional MCO are created:
• 1,000,000 MCO for the Reserve
• 833,333 MCO for the Founders
• 333,333 MCO for the Talent Pool (future hires)
• 166,667 MCO for the Advisors
In total, 3,333,333 MCO are created of which 1,000,000 MCO are transferable upon the completion
of the Token Creation Event.
If at some point, $3.33 million worth of tokens are held in the Token Asset Contract, and no MCO
have been burned. Each MCO would receive $1 worth of tokens if burned.

Launch of the PlexCard Visa© -- Q1 2018 Why not 3018?! So many imitators.

This is really frustrating, I'm missing on low price to buy in a little more of MCO.

How is it up to them? Didn't they give any official date?