Monaco is a new Ethereum and Bitcoin debit card based on the VISA® circuit to spend and convert your bitcoin, ether and soon other crypto tokens.
It wants to disrupt and make bitcoin and ethereum payments easier thanks to a debit card that can be used worldwide and wherever VISA® cards are accepted.
Monaco Visa® Card is linked to your own bitcoin and/or ether wallet, and you will pay very low fees.
Monaco Team
When you decide to invest in a startup and in its ICO you always should take a few minutes to evaluate the team and if it is in public domain.
In this case, Monaco published the name of the whole team, composed of people already known in the market because of their previous projects or companies they worked with.
For example, among the advisory board, we can find Ransu Salovaara, CEO of TokenMarket, or experts that used to work at VISA®.
This is a super product low fees all round and the price of the mco token is begining to rise get in quick .
Limited Edition Monaco VISA® Black Cards numbered 001 to 999 will be issued to participants of the MCO Token Sale. Black Cards numbered from 001 to 499 will be assigned to Top ETH Token Contributors. Black Cards numbered from 500 to 999 will be assigned to the fastest contributors, based on the time stamp of their ETH contribution. The Black Card Leaderboard will be available at Mona.co and will update automatically in real-time during the MCO Token Sale.
Besides the exclusive design, Monaco VISA® BLACK Card holders will enjoy lifetime unlimited perfect interbank exchange rates and triple free monthly ATM withdrawal limits. More benefits will be rolled out over time.
The person who contributes the highest number of tokens in the ICO will be rewarded with the Monaco VISA® Black Card Number 001 and will receive a bonus 188,888 MCO Tokens from the Monaco Founder's Pool. The 188,888 Bonus MCO Tokens will not be subject to a lockup period.
Kris Marszalek, Founder of Monaco Technology, commented: "The team worked incredibly hard over the last year to bring the Monaco VISA® Card & App to the market. It's a beautifully simple product that allows users to avoid all the bank charges and currency exchanges impose on them. We believe that every single person who holds Ether or Bitcoin needs one. It brings amazing value, transparency and peace of mind. You'll never have to worry about exchange rates again, always getting the best deal physically possible. It's an incredible feeling!"
Other features of the Monaco App include:
Free global transfers in 23 currencies to 120 countries at perfect interbank exchange rates
.Free and instant transfers between Monaco users, with the funds being immediately available to the recipient and accessible .with their Monaco VISA® Card
.Account opening via mobile app in under 3 minutes
Monaco are going ahead to a full launch on the 31st aug 17