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This just showed up out of nowhere.

https://themerkle.com/monaco-visa-ico-starting-may-18th/

https://www.mona.co/

I see nothing on reddit or here.

Seems very scammy. Likely fake VISA association that TokenCard had.

I was just looking at this and was hoping someone might have more information on it. Out of my own ignorance, can you explain what you are suggesting is scammy about it? I am relatively new to all this, I have lurked in and out of the crypto world for the past few years but only recently did I start actually actively participating. On the surface, to someone like me, this appears like a great opportunity to tackle some of the issues associated with adoption. However I am very interested to hear feedback from someone with more experience than I.

first and foremost, ico with 1 day notice is abnormal

haha valid

Looks like just another copy cat of tokencard, tokencard got some success and may be few people thought this was way to go and came up with this shit. They haven't posted anything in this forum before starting their ICO and may be they have only paid few media outlets like this one to promote their ICO.

The web site design looks very elegant and professional, but this does not have anyting to with the trust of the project. If you think it's a scam, you need to list the reasons so that we beware of it.

Announcing of ICO 1 day before launch followed by aggressive marketing campaign? Seems sketchy..

https://i.gyazo.com/40baf76a7214fa4c26d990abb1d5ee1a.png

Also, it looks like they ripped off the Brave Browser logo.

https://i.gyazo.com/406d3bc4e1c1e1a380ce15a8d9bcc185.png

https://i.gyazo.com/5ef3b741ebbbdc842ab23fc72859bf2f.png

Seems as if they got inspired by the recent ICOs and wanted a piece for themselves. Literally a merge of BAT + Token. How long till the Visa logo dissapears with this one?

And the rest of the website is a total rip off of pre ico site of tokecard.io

SCAM ALERT!!

Obvious Scam.

Their whitepaper does not describe cost in any part
Visa is not even on the card design, Visa NEVER takes part in any prepaid crypto linked to a crypto
They made an aggressive campain out of nowhere:
https://www.google.de/search?q=%22Monaco+Technology+GMBH%22&num=100&client=ubuntu&hs=boq&ei=EOUcWf2PNoaOsgHR25vABQ&start=100&sa=N&filter=0&biw=1517&bih=726

Website is nicely done, but seriously the slack channel with only 31 registered users when the crowdsale is in a few hours?

Sketchy.

This is what I expect in determining whether a project is scam or not and not just because of the fact that there is thread on reddit or on this forum as op has equally noted now amounted to scam. Detailed analysis and research will give a red flag as to whether a project is scam or not after all we have seen several projects here with thread answer questions even run campaigns but turned out to be scam.

It should also be noted all the Linkedin profiles on the website link out to Linkedin pages where none of those people list Monaco Technology as an associated company, very bad sign.

https://www.cryptoninjas.net/2017/05/17/monaco-technology-gmbh-reveals-new-cryptocurrency-card-ico-set-start/

We have updated this, please be sure to submit scam or fraud alerts to us and we will document them as such.

We are also aware of another scam copycat using the same sort of model for a different service, will likely report on this soon.

https://urbancrypto.com/monaco-ico-starts-in-the-coming-hours/

They have a hard cap of about $80 Mil!
The only thing that says legit in any way is their tokenmarket escrow. How easy is that to get?

We also believe this is a scam:

https://bitcoingrowthfund.com/

Looks similar to the Monaco site.

It is a copy of Blockchain Capital Venture Fund, BCAP token... they are trying to raise MCAP token awareness

1 facebook like and less than 30 twitter followers. Nope! Hope nobody falls for this but they'll easily make $100k off it.

I would avoid this coin, there needs to be more information about the project.

Too bad it sounds like a scam, the idea was brilliant actually.

They are at 5730 ETH already: https://etherscan.io/address/0xf9a5e0436c01cc15708449e480fa5f2d6a5b55ca

I despair, a fool and their money...

I think ill pass on this one and probability that this is just an another scam is high.They didnt even put efforts too much on making some announcements to make it more believable if they are just tending to scam investors and what to do with VISA? There no make sense at all. This is just an another scam attempt and social media account do have almost no like and no members the same on slack group.

They added ad in CMC, which has many scam ads there, I think Monaco is highly possible scam.

Likewise, it is a desperate move to announce on such short notice, either a scam or a very fool move they made. I hope someone can gather reliable information on this matter.

Lol, this is why you disable your Adblocker I suppose. Much appreciated.

reason = common sense. others can spend more time investigating and determine their own reasons.

"Starts 18th May, 9:30am UTC" all this transaction are 3 days ago, the 15 may.

click internal transactions. they are today. poor people.

Indeed. Does an ICO ever work (was not a scam and people make benefits) without bitcointalk real thread ?

well poop... it looked nice... but good info.

https://www.youtube.com/watch?v=c1djYiCtiRY


Which is funny because there's no limit on supply, people can contribute for 7 days with no limit if the soft-cap is reached...

On top of it they may have a second token sale in future...


https://mona.co/monaco-whitepaper.pdf

Scam or not, worst structured ICO I've seen, no point in investing when no limit and almost immediately trade-able.

really look like TKN .... website, design and stuff... shady

Nice website means nothing. Any competent web dev could make this in a day or two.

We will see what happens in 30 days. Hopefully not a bunch of threads people crying they lost all their money to ICO scam.

yes,, and now they got is about 10,253 ETH,,
this is crazy,
people who invested there, without any detailed informations about the project..

Never heard of it. I am impressed that they have a team section on their site, maybe you can contact them directly.

It is new (it is ICO), there is always risk on ICO (or they call it MCO).
I dont think it is scam, .... otherwise I think it may be (very) interesting.

Sure it is new, it is ICO (MCO). I like the card by the way. It is a nice card.

I totally agree,legit project do their ico with at least a two weeks notice to prepare people and answer all question about their ico and of course to prove that they are a legit ico they do all out marketing,something fishy really going right there,I don't recommend investing in this kind of ico.

So : A website with many stupid javascript, showing hype credit card, you send yourself many ETH to create FOMO, nothing more to take thousand dollars ?

This will end badly...

If it's legitimate and not a scam, I can't understand why they would try to do it with such short notice.

I'm thinking possibly they were worried about being overshadowed by tokencard maybe?

The visa reference has been removed.. iam unsure about the validity of this project.

Nice catch. Im going to wait and see without prejudging.

14k ether right now

https://etherscan.io/address/0xf9a5e0436c01cc15708449e480fa5f2d6a5b55ca#internaltx

Hi Everyone,

I'm Kris - the founder of Monaco. Just opened an account on Bitcointalk to answer all the questions you may have regarding our company and the token sale.
We'll be posting a thread shortly...

I think we have to start by acknowledge, that:
- in hindsight, we should have had done a few weeks of pre-marketing to make a good first impression on the community
- we are late with even the basic stuff - like posting ANN on bitcointalk
- but at the same time, we are very happy with the results so far with our minimum being hit in under 2 hours and that we hit 10,000ETH milestone during the first 24 hours.
- we think since we had zero pre marketing ahead of ICO launch, the results are amazing and the only reason behind it is simply our product: people love the Monaco Card & App
 
In terms of addressing the single most common question: why only 1 day notice. It's actually pretty simple. The single thing that pushed us to launch ahead of our original July schedule was a competitor running towards an ICO with a 90% same value proposition (FX+crypto). Our CFO was at an event at VISA Innovation Centre in Singapore on 11th of May, where he ran into another founder, who basically told him what they're working on and that their ICO is going to launch in June. We made a judgement call to finish working on our ICO within a week and launch, then spend the next 30 days to gradually build exposure and increase our brand awareness, so everyone has plenty of time to get to know us and do their due diligence.

Naturally, we had no idea people would think this is a scam.
- we've been working on the product for almost 1 year
- we have very experienced team of entrepreneurs (I sold my previous business for US$21m in 2013, our CFO is ex-Mastercard)
- we have serious heavy-hitters on our Advisory Board from companies like AWS, VISA, Adyen, Emarsys

I guess to a certain extent it's a function of us not understanding how does this community think and operate. We're learning fast and we're committed to being open and transparent, so that everyone can have their questions answered. I will be here and on our ANN thread answering all the questions you may have. I also encourage those who find our project intriguing to join our slack channel: https://monaco-card.slack.com/ - it's growing steadily and is probably the most convenient way to get to know us personally.

Kris

 

Do you have any app/ code to show?

Could not find a listing for Monaco Technology GmbH
https://www.moneyhouse.ch/de/search?q=Monaco%20Technology&status=1&tab=companies

The news article claims they are in Zug, Switzerland, so they should be listed above AFAIK.

I'd avoid until you have concrete evidence this is not a scam.

29 days gives a lot of time to discover whether or not it is a scam.

What is the status of this ICO ?!

Contribution status

Raised: 18227.21 ETH

Issued: 2660533.07366406 MCO

Participants: 1421

There are a lot of warning about this ICO:

From their webpage we can see the links to the team members's linkedin profiles. Only CEO Kris Marszalek even mentions Monaco on his Linkedin profile, no-one else from the team! And even on Kris Marszalek's Linkedin profile it only mentions "Monaco" at the top, nothing under experience and no link to the Moncao website. Scam!!!

They are going to need to do more if me and most of the community will be convinced its not a scam because even if it isn't there are still loads of red flags there.

* There's no company by the name of "Monaco" registered in the official Swiss company register https://www.uid.admin.ch/search.aspx?lang=en
"Each enterprise active in Switzerland receives a unique enterprise identification number (UID)."

* No VISA logo on the card. This would substantially limit the acceptance of the card, wouldn't it.

* No press release from VISA, which seems pretty weird given the current hype about blockchains.

Hey Kris,

thank you for your reply that is great of you! Can you do some behind the scenes video or something to show us it's not a scam. You can imagine you are up against 1000+ past scams people where ripped off here not 1 times but ....  you get the idea.

Good luck!

Yes, there's really so many warning, I guess people that invest in this ico don't care, they won so many money with alt or btc that they try every ico, especially hype's one.

Looks like a new twist on the same ole scam to me.

I just saw this advertisement on Youtube. This shit will probably blow up like OneCoin did with how hard they are trying to market it to normies.

https://www.youtube.com/watch?v=Za3fjOm3--I

Yeah sell Moonero , buy DASH :D

a "behind" video, office photo, some designs, etc, would be nice  ??? ??? ???

Ah....Been fooled by fancier looking ICO's.....

First impression: cough-cough bull shit!  <---- only because the project sounds too sweet ---> "Introducing world's best cryptocurrency card - the Monaco VISA®. Spend and send money globally at perfect interbank exchange rates, saving EUR30-40 on every EUR500 equivalent spent."

I like the idea....but won't invest....may get the card if it becomes available.

Note: An ambitious project like this would have no problem getting private investors....so....why did they pass on it?

Dunno either way....but....as exciting as it sounds, I'm leaving this one alone and I am generally a sucker for these ICO's!

No FOMO here!

I just got shafted buy one card paid for express delivery and got then they said it's no good I only used it once! They are offering to give me a new one but i'm on the road that is why i got the express DHL. So I'm looking for an honest card that doesn't have crazy fees so if this Monoco is that I'll use it, but I don't trust anyone there are so many human haters here looking to just steel my money and I'm sick of it so I'll wait to see if it's scam no scam then I'll send BTC to the card. I just hate scammers and hopefully this card is not another scam.

Hello everyone, we have been contacted by Virginia Lam who is part of Monaco ICO team. They were interested in listing Monaco ICO at http://icoindex.com/.

We never heard about the project before so we told them they will first need to go through our verification process before being listed at ICOindex.

Their response was negative and they offered us "$0.05 for listing".

We quickly found out why they refused to get verified after reading through this Bitcointalk thread and watching this video from Boxmining youtube channel https://www.youtube.com/watch?v=BUBC8_orpXc&list=TLGGU2IOFOgSTPYyNTA1MjAxNw

First of all, I would like to thank all of you in this thread for taking your time to gather all suspicious information about this project. I also want to thank Boxmining for making a video about the controversy of Monaco ICO and for warning many people.

ICOindex is NOT another ICO site that lists all ICOs regardless of their quality. We want to bring added value for people that are interested in ICOs but want to avoid scam and suspicious projects. That is why we verify the projects before being listed.

ICOindex is a community-based project for ICO enthusiasts and investors who want to find reliable information about ICOs at one place. We need people like you who are able to bust scams and suspicious ICO projects before they raise money from naive people.

I would like to invite all of you to join our slack chat. (https://icoindex-official.herokuapp.com/) Subscribe to our newsletter on our website http://icoindex.com/. We also have a facebook group where you can discuss Initial Coin Offerings https://www.facebook.com/groups/InitialCoinOffering/

Good, let scam be exploded.
Hope more ppl read this and prevent from be scammed.

Why is it not listed under "Suspicious" on your website?

Are you sure you didn't accidentally made a typo, and you asked 0.5btc for the review, and after they refusing that you called it a scam? That's the story I heard, which is very different from what you're claiming here.

There are screenshots from you asking that in the slack channel -> https://monaco-card.slack.com/messages/C5E0UMZT6/search/roadmap/.

I don't think it's a scam...and if it is, its will be one of the good ones

No response to key questions is enough for me...

What do you mean by that? It will be good for them or for people? Because as far as I know some people make money even with scams if they start at the very beginning and then quit in time. Although I've never tried to practice this I've heard it works sometimes.

What are the key questions? I had a few questions as well, and searching for it here answered all of them https://monaco-card.slack.com/messages/

Interview with Co-founder and CEO of Monaco Visa, Kris Marszalek

https://urbancrypto.com/interview-monaco-visa-ceo/

A lot of projects get fudded in Crypto and I never like to say anything is a scam until it is PROVEN to be one. Speculating a project is scam form the offset is not giving people a chance to prove themselves. Of course every investor should and has the right to do due diligence and if an investment ticks the right boxes then it means it is for you. I think the idea myself is a brilliant one and I hope they make a success of it because I do do with a card like this one for sure.

If not mistaken the monaco is now still in pre ico stage? Though all his supporters remain enthusiastic about it

I saw a news yesterday about Monaco and visited the site. I agree with some users, it seems suspicious. Not a lot of informations available on their website, specially about hte VISA card. I saw they promise a 10% cashback on the purchase you make using their card. No way, you will find any real cashback sites or card provider giving back such a high percentage. Its usually about 2% but 10% ? I just closed the windows

I do not believe all that, how do you know that the monaco project is a scam? I think it's just nonsense that is not necessarily true, because all this is not clear enough to know the evidence of fraud.

spot on, the high return on the card usage was one of the things that did  make me think is bullshit. no way they can make 10% return work. big banks offer 1-2% but that is for high income clients that spend 3k-5k per month

Yes...."Speculating a project is scam form the offset is not giving people a chance to prove themselves."  <---- That's part of the problem!  This project appeared out of the clear blue sky which didn't give the community enough time to sufficiently vet it and that is very suspicious....so....it's more of a risky gamble than an informed investment opportunity.  Good luck.

In addition:

• The previous company of the owner, shut down after doing a last big cash out last year: https://en.wikipedia.org/wiki/Ensogo
• whois data for the website is very suspicious
• "Monaco Technology GmbH" is not registered in any german speaking country according to the public registers. And why would it be registered in a german speaking country anyway

edit:
GmbH = Gesellschaft mit beschränkter Haftung, German term for limited liability

I'm skeptical of all ICOs.  They should distribute the coin XEM style... give away stakes for little to no cost, keep 10% of the coin for themselves, and if they PROVE themselves the price will go up, and they can then reap the profits.   Even more skeptical when it involves tokens.  At least with dogecredits they gave away the tokens. :p  What makes developers think they are entitled to millions of dollars in BTC without proving themselves when there's such a large history of them taking the money and running? A fool and his money...

If the ICO is cheap and appealing enough. Thus far the only one that seems to interest me is Wagerr... and they are trying to do a 4 million dollar ICO plus keep an 8% stake. I'd trust them more if they priced it to be a million dollar or less ICO, and priced it at a cent per coin, and kept 10% for themselves.   I suppose if the developers provide enough information about themselves so that I can track them down, look up their history, and put a bounty on them if they don't keep their promise and just kind of run off and leave, that might give me some satisfaction. :)

We just present our suspicion on this likely scam to warn ppl.
But no one ask you to agree with us.
You can still believe in Monaco and put all your money in and try to get rich. No problem.
Haters always hate. Believers always believe

I started seeing numerous ads of the Monaco visa on youtube.  This project however is getting mixed reviews.  Not sure if it's legit or not.

What the f....... Is it true that monaco card will be the latest scam? I have joined the bounty twitter? can I canceled , if I cancelled then the thread owner will mark me as red trust. ALright may be I should be lazy or not active in promoting monaco card.

I don't really get the point of these cards to begin with. Assuming you're not trying to day-trade your coins, it's not that hard to cash out your coins whenever you want to spend it in the form of your local fiat.

Now if they had a setup like Coinbase, where you can buy/sell coins on top of a card, that would be a game-changer IMO. Then you could use the card as debit/credit/coin. I'm guessing all of that would take a massive amount of work though (seeing as it doesn't exist).

Agreed, I remain optimistic and positive thinking is just an issue and has not been proven. If there is a violation there is sure to act.

so icos dont need to prove their trust? comunity needs to prove their distrust first? strange philosophy for an investor, nearly insane

It is a very nicely made video and it has amazingly 4,500+ views in less than two days. Good job!

I think anyone who wants to get an unbiased info on Monaco Visa ICO should spend 10 minutes on watching it.

Too many suspicious things in this project and the important reason if the community does not really need this project, And why? because there is Tokencard to prove his result to the public of crypto.  My thought if that was caused by money and money. There is no a reason can be determined as a positive reason to support this one, Another said if the code has cloned from another project.
Which means to prove his credibility.

Obvious Scam
Is not logical

It's just an unproven issue, stay calm and I believe the project and its goals will end well.

I must say that I ejoyed the video and you raised wome real concerns.  I interviewed the CEO addressing many of the issues.  Here is the link:

https://urbancrypto.com/interview-monaco-visa-ceo/

Let me know what you think.

this ad pops up on my youtube every day now

Kris is very open to discussing these issues.  Just join their slack channel at https://slack.mona.co/

Monaco team has a proven track record and is much more professional and business oriented than the TKN team. TKN team is just a bunch of young 20 year old pc gamers by the look of things. 

Everyone should approach an ICO as a scam until proven otherwise and I'm sorry Monaco has not yet proven otherwise, too many questions and inconsistencies remain.

Problem with crowdfunding is nobody likes it but majority join at the end..Every ICO lately was sell out and almost every created new record..Who buys them?
We are all aware of risk, but still this rising more and more every day, you almost cannot find "no premine" coins any more.
        Why?
If we find answer for this maybe we wont need this kind of threads any more.

That is a very good point.  You can see my thread:

https://bitcointalk.org/index.php?topic=1937115.0

       Today you just can't be scammer without full bag of BTC and ETH. To clarify this, money invested in marketing, signature and twitter campaign is fantastic. You just feel comfortable when you see everyone talks about it, conclusion: This must be good opportunity, right?  ???

But what i'm talking about?!  :)  ETH is centralized system, was very successful ICO, and people now creating business base on it..I will wait to see what is going to be. Maybe blame can go at PR management.. ;)

anyone ever bought this scam ICO?  I was about to buy some till i saw this thread  :D

Im also looking for Monaco if this ICO is legit. Until I read the details here, so Im thankful knowing those input from other members here. Because at first I have doubt if this one is legit.

Is it really true?! Monaco Visa scam???  ??? what about the bounty campaign of it? do you think dev will paid the bounty's?
I also heard that monaco will soon be release?

Kindly show that messge here ,i am bounty participant,it will help me a lot .
By the way if i remember correctly you have listed respectomy as well which was a complete scam.

Tokencard sold their ICO under the guise of a partnership with VISA (see web.archive.org early May version of the tokencard website)

In reality they don't have any partnership with a major payment network. (note all references to VISA are now gone, along with logos on cards)

They are selling a prepaid card, of many already on the market, by bigger players.

Monaco also.

There is nothing special about these card projects, they are not like Sia or Storj or iEx.ec or Maidsafe or IPFS, they do not have technical hurdles to cross. They are as clonable as Bitcoin to Litecoin to Dogecoin to Shitcoin. They make a fancy wordpress site, pay a company to manage the ICO, and cash out.

So if a bunch of random people tell you the earth is flat, then it's suddenly flat?

Basically everything people find suspicious has been explained in their slack channel ( search for it ) https://monaco-card.slack.com/.

Maybe I guess they just hear what people say, do not prove it and see it for themselves, if you want to say it like that you have to give proof so everyone knows and believe what you say is true.

interesting thread, but is seem that people are speaking without proof, right ??

My first post... I came out of lurking because I was researching this one and wanted to share.

I was immediately leery of this coin throwing around the VISA(R) trademark with all the indicators of a scam coin until I looked their members' LinkedIn pages and particularly this bitcoin podcast where (allegedly) Kris Marszalek is speaking at quite length about Monaco:

http://thebitcoinpodcast.com/announcements-episode1/

And unfortunately, I live in the U.S. so I can throw in on this.  Good luck to everyone else.  From my standpoint this seems to be legitimate-- just poorly orchestrated.

"When ICO’s deliver 100% of the company’s expected receivables at launch, founders are incentivized to leave their project immediately thereafter"
https://hackernoon.com/dear-sec-icos-tokens-are-killing-innovation-2f8d287f88c3

Do we have any update on this? 

On their website they have a list of contributors. Can that be fabricated?

I have seen an excessive amount of ads all over the place.. although it doesn't make it a bad thing, am guessing they saw the success (if it is real success) and enhanced their marketing reach.. any idea on the topic?

what really bugs me is the domain name.. why .co which is Columbia based domain.

Why the only registered offices are in Hong Kong? Why the only address found is on www.Foris.com

These are questions that are stopping me to invest.

scam, if oyur in then suck a dick if you make money because you are a bastard to the heaves of mutts who participate way after this shit has been going on. this shit, its called god damn bitcoin my little fucks and i hodl my dick over all of your faces and say "BITH THY take MY PEE" and on your fresh new white t while you realaize that you are just climbing and imaginary wall or rather stuck inside that shit. FUCk maybe i am too. all i know is that well . fuck YOU.

according to their website they have based tier two, which is the accumulation of 30,000 ETH... of course this is approx 12 million when in all reality alls yaaasss neeeddss taa do  is download the CSV on the address and cum all over yu little bitches faces  to find  out its only about $1,972,683.1041 USD that really ahs been accumlated.


WHAT DO WE DO YOU ASK?!?!?!


well alls yas got to do is research and spend all of your time, respectfully if you have lost alot on this in the end.. and hunt them down.  the accounts and propaganda don't lie. i prefer methods of innocent "oh my gosh" method and just contact home address people and then use lucrative method through you know where and track em down. then tie them up. and well the rest is up to you after hodling that cock over their fucking faces and KILLING THEM BECAUSE THEY ARE NOT CARING ABOUT YOU.   but then again. shit. nobody cares :)  ;D

SCAM AS PINK SHIT

but this will not change the fact that investors will get profit somehow. because market is full of shit.

the main reason i titled them as scam is that their CEO's first tweet about cryptocurrencies based on may 2017:) he has been told as "serial entrepreneur" A.K.A "a fly which smells shit very well". and this is not the only reason.

these guys has the same scheme as other shitscams by making a well built web site and branding and marketing things. And only god knows who the hell that 70000ETH came from. Its so easy to manipulate the market, especially at the "bubble times".

Why would anyone keep saying an ICO scam, very easily ?. I'm afraid the investors are panic and hesitate to invest. I hope each statement comes with the correct facts. 8)

Seems like it is the other way around. Monaco Card ICO just ended with a bang. $25 million overall collected. Time for the developers to focus their work and see if they can really provide the product and technology its project envisions.

I wouldn't call $25 million in 4 weeks "a bang".

Haha I think $25 million for this project is good, but if it compare with MobileGo, MobileGo so good very more than but still can't call "a bang".
I agree with V1saya, I want have a proof when create a thread tell Monaco ICO is a scam, it will scared the investor Monaco

People keep raising the bar, $25 million is a huge amount for a project a lot of people have doubts about. Just think 6 months ago a project that managed to get even $1 million was considered successful.

I also remain optimistic with Monaco. Hopefully this is not true. And I'm sure the monaco was not a scam. We all have to keep thinking positive about monaco.

There is no proof that its a scam so obviously its very unlikely to be true. The real question is whether it will be successful or not given the competition they have from other similar offerings.

Hi everyone, I am new to the cryptocurrency thing and I am the only one I know in my country doing this. I did buy some MCOs and they were sent to my wallet few minutes after making the payment. My question is, (can it be a scam after sending the tokens to my wallet)?

http://[url=https://www.0zz0.com][img]http://www9.0zz0.com/2017/06/28/19/742230441.jpg[/url][/img]
http://[url=https://www.0zz0.com][img]http://www9.0zz0.com/2017/06/28/19/742230441.jpg[/url][/img]

at this point everything is a scam.... just like the so called "partnership" between mobileGo and ESL.... they just sponser a freaking tournament with money they made from the ICO and people go all nuts about it and MGO has the balls to call it a partnership..... RIGHT.... its just an expensive banner at the moment.

on the other hand projects still need to start and have a long way to go, dont expect projects to work wonders within 1-3 months after they went live.... lets hope for each ICO and the sake of crypto as a whole that dev teams actually stay put and dont hire beer, pizza and hookers from the money they made during the ICO's

then hopefully in 2-5years we can expect some mature products and achiefments.
(and if that all doesnt happen atleast most people have made a nice profit anyway)

oh really? this project is also a scam? or maybe another doubts about the information given by this project. but you know what, if i were you, i dont give negative feedback to this project, its a good one and it ended few days ago and you dont have proof that they scam us "participants".

I don't believe that monaco card's scam. :'(  I think in the future, Monaco project will bring to investor of it.  8)

yes that is actually right, monaco is not a scam, they are just spreading negative feedback to monaco. but well, lets just see when they distribute the bounty for participants of their campaign.

Do you guys have a checklist to check validity of this ICOs? like a fast DD?

What do you mean by validity of the ICO,i really think that they do have a solid team behind the project and they are very well behind the project and they have clarified the doubts if you could contact them through their slack channel.Lets wait and see how this will progress,i have read everything what others have pointed out,did you talk to them for clarification in their ANN thread and did they answer to your queries.

What are the common signs for a scam? It seems to me its just a Alt thats not well publicized.

I think it would be wise to give them a few months to make their product before calling it a scam. As far as I see from their slack they are still around so its not like they are running away after getting peoples money.

Scam is the risk we must deal with it, but for me is to early to say that. Everyone has their own opinion with their knowledge and their money, that's fact. But this is real market, anything could happen here. If you say Monaco is scam please don't use it as a business, just leave it. I'll still wait and see what good time and where buy area to invest. Good luck with you.

I'm also not sure about this nonsense and I do not yet believe that the evidence he gave is true, because I see a lot of jealous people who are making trouble about ico projects that really succeeded in fundraising at the time, so I just smiled looking at all this. ;D

So far i'm not sure if monaco is a scam,
Every ICO user and follower wants to say something they are always there and ready to advise and develop their projects.
Until now they are still solid and nice.

Just like IDice and Polybius they were also able to finished their crowdsale with big success. Let us see how they fare on their project implementation and see if they can really deliver.

Is it the monaco ? or the manager ? i read some article here in this forum that the manager there in monaco is run or skip the problem in one of the ico before that have a issue about the distribution of token. I hope this issue will gone soon. Monaco has good plan in there project, hope they will not run( either manager). I'm one of you guys but just social bounty campaign in that monaco, also waiting for the payment.


Yah, i also saw there was a negative feedback on every ico, this just like our life. People see most of you is the mistake and they not usually deal with your goodness if its can't Useful for there life.

At least it looks like they have solved their issues with the token itself.

Yes Polybius! Indeed Polybius project is very good and promising, I have invested there because I know Polybius very good project.

Is an investment at the end of the day. High risk investment, that everybody here takes (or atleast many of us), because we just can't tell when and which is going to be the next big hit.

remember 2008? I see more than a resemblance starting to form, if I remember right it didn't end good, logging off again see yas in 3 years, tools

Haha, today I can sure 100% Monaco not scam project, you can see MCO listed to 3 exchange site (Liqui, Yobot and Livecoin) and in next time, MCO will listing to Bittrex - A big exchange site

News talking about listing to Bittrex:
"June 30th, 2017 Zug, Switzerland. Monaco Technology GMBH announced today that it's MCO Token will begin trading on Bittrex Exchange on July 1st, 6pm US Pacific Time."
Read more: https://www.reddit.com/r/MonacoCard/comments/6keq9q/update_monaco_token_to_begin_trading_on_bittrex/

Link 3 exchange site listed but still can't trading now:
https://liqui.io/#/exchange/MCO_BTC
https://yobit.net/en/trade/MCO/BTC
https://www.livecoin.net/

Just because it's listed doesn't mean it can't be a scam.

Besides: No one needs Monaco (or Tokencard), because TenX already has a working card NOW with better fees for users and better rewards for token holders.

Even I gone through white paper they said it's visa associated after reading white paper and official thread it's nothing to do with visa may visa take action against this people using their reputation.

Just be careful when investing in ICO's guys. I read something about MONACO connected to some ICO becoming Scam. Saw this on reddit https://www.reddit.com/r/ethtrader/comments/6dbkui/scam_warning_monaco_ico/

The word scam is thrown around way too much, it seems to suggest they are purposely stealing peoples money which I don't think they are. Besides competition is good for the market and even though TenX may seem better now it won't benefit anyone if they become a monopoly in this space.

Is it possible that many of the people that are claiming scam have other competing interests.

If this is why you are smearing these people you really shouldn't, it may cause you to miss a possible opportunity.

So far I have made a bitcoin trading these things and I am a terrible trader.

So as far as I can tell they made it possible for me to make money in this crazy crypt o game.

Thank you for putting this token on the exchanges and allowing me to trade it.

I made money ..
 

That is definitely not a valid reason,if you have more companies offering these cards then it is great,just think about having more options than to stick to one company and thereby having more competition ,you are talking as if visa card is providing a good service so it is a waste of time having master card,we need competition to have better products.

It doesn’t really make sense for people to use Monaco Visa cards. How do people pay for things when they have Bitcoin? If they want to use Monaco to purchase things online or somewhere else then they would have to pay at least two transaction fees just so they can have money on their Monaco card right?

What makes them use that instead of a regular debit card or something else? The Monaco route sounds kind of expensive.

ye I think that too, We will pay quite a bit because of the coin exchange fee

Im just new on ICO world but i would definitely stay away from that coin since it is really suspiscious.

I think the Monaco Project will be succesful. There is absolutely a need to Monaco card that's why I have bought monaco very much. ;D

Hi, so how did this monaco thing actually turned up?

Because I did not bought mine, I was going to ... but no, I did not.  and I find no news about this.... how did it go?

There is also a new coin TenX with a product ;)

Monaco VISA card, which is not really a VISA, but Visa its the name. Like any other name starts with a capital Letter.
Monaco Intel.
Monaco Pentium.
Monaco Scam.
Monaco When will you be available.
Monaco Any updates?
Monaco Where are you?

And I just saw today from a member of NEM's team a sample of their upcoming crypto card. Not saying other projects that are focused on cards like Tenx and Monaco are bad.

At face value it would appear so.  

One of the main aims of Monaco is to offer benefit to the remittance market via competitive interbank exchange rates.  Monaco / Tokencard / TenX all have their own value propositions, the white papers need to be read and re-read and then queries sent to the companies to clarify matters.  

I like the fact they are all offering competition.  

Granted there are other crypto-cards out there, but the new ones that have come out on ICO's this year have new/different models (Burn functions etc) and offer ownership to all investors via their coins/tokens for sale on markets, a lot of the older cards did not and precluded direct investment to those interested in crypto.

August the 31st is looking like a key date.

I will avoid this coin, need more information about the project. Because do not trust them very much

They cost $ 6,422.64 (@ $ 293.53 / ETH)
There is an uptrend

Still talking about scam? In my opinion this is going to be the first Company bringing bitcoin in the "real world"...

dat price though

FAKE ACCOUNT. NEWBIE. PROFESSIONAL ALWAYS HAVE OLD ACCOUNT ON BITCOINTALK.

Definitely not a scam.

I did not understand why the price of these tokens are so high.
Let's wait to see the product when is ready if will be ok.  ::)

yeah, Monaco is project very successfully, price the coin Monaco is very high. investors are happy with the project because the project is a success.

We  have many cards on market right now Monaco is not something new. Problem with it will be portfolio managment.
I just wonder if yhey will go fo final phase.

The thing with monaco is that is had way too many people shilling and selling fake news... and when those turned out to be untrue the other people kinda felt 'scammed' in a way... Thats the danger of crypto i guess - do yout own research, always!

That is true. I bought MCO when the price was 3$, now it's already 9$ but there were time when the price was more than 20$. Do your own research but sometimes fake news make troubles for people who are trying to make a good stuff... So do your own research and if you feel that the project could bring your benefits in the future just invest in it. I am sure MCO has a lot of chances to increase their capitalization pretty soon.

You cant see anything there becauase they are just starting,., Monaco visa card is a very sucessful program.,. many of the traders trade this token, so this is not a scam

Nope monaco visa card does not a scam ico.i also think it is a most successfull ico now a days. Investor got more profit who invested during ico.They distributed their bounty  coreectly and added on big exchage like bittrex so i never think it is a scam ico.

Do any of you guys actually use Monaco card? I have been looking into it and it looks really nice. So if anyone has any feedback on the card itself, please post.

i think cards will be delivered end of september. Members have been warned by email last month

if it is a scam ICO. I think they prepare very carefully with everything except marketing :D

so this project similar Centra ICO?

Not only like Centra, Monaco, TenX, Tokencard ... are ICO project about field Visa/Mastercard. I really do not know the reason make them have same idea like that, however I also earned a good profit from Monaco, so with me this is real project ;D

It is a good news for me, maybe Monaco has a lot of potential that we should invest in it, you can tell me, should I invest a little trade with Monaco from now for more profit from it?
Anyone get a Visa from Monaco can post up this topic to help people more peace of mind!

This thread is the main reason why I didn't get any mco tokens and I fully regret for not getting them. The guy opened this thread removed lots of potential profit.

dont blame other people if you cant think yourself ...

Monaco is now supported at CoinSwitch. It can be purchased from https://www.coinswitch.co/exchange/btc/mco/0.1

its not nice because if you wanna to take profit you have to learn about monaco project and the roadmap..don't believe with other people but believe in yourself

If you do your own research, you don't have to rely on somebody's opinion. Take time to read so won't regret the events that is happening in trading. Don't blame other people just because you you read the negative or fake news. 

Monaco Visa is not scam anymore  ;D  https://www.cryptocoin.news/news/altcoin/visa-and-monaco-announce-first-ever-pre-paid-cryptocurrency-card-for-singapore-users-3238/  Congratulations for all Monaco investors. Expecting my "foundung member Black card"   8)

Oh well. If you want a legit project with real innovation I suggest that you look into FuzeX. I am supporting this project because I have not seen anything like this technologically speaking.

Monaco’s MCO Token to List on COBINHOOD on March 8

<HONG KONG, March 7, 2018> — Monaco, the pioneering payments and cryptocurrency platform, today announces that its MCO token will be listed on COBINHOOD, the world’s first zero trading fees cryptocurrency exchange, on Thursday, March 8, 2018. The listing on COBINHOOD continues Monaco’s effort to build out access to the MCO token and provide peace of mind from a security perspective.

Kris Marszalek, Co-Founder and CEO of Monaco said, “Both Monaco and COBINHOOD support a streamlined trading experience for users around the globe. COBINHOOD’s fully-distributed, highly available, and auto-scalable system made this a natural partnership that we are excited to be a part of.”

Popo Chen, Founder and CEO of COBINHOOD said, “We are happy to provide our ultimate service to MCO holders and look forward to listing more trading pairs for our users. We are enthusiastic about working together towards a responsible cryptocurrency ecosystem.”

This listing brings the number of exchanges the MCO token is traded on to a total of 19.

The MCO token will begin trading on COBINHOOD on Thursday, March 8, 2018.

About Monaco
Monaco Technology GmbH with a vision of Cryptocurrency in Every Wallet™ is the pioneering payments and cryptocurrency platform. The Monaco Visa card and mobile app allow users to buy, exchange, and spend fiat and cryptocurrencies, such as bitcoin and ether, at perfect interbank exchange rates.

Founded in June 2016, Monaco raised US$26.7 million through one of the most successful Token Sale events to date. The company is headquartered in Switzerland with offices in Hong Kong and Singapore.

For more information on Monaco, please visit www.mona.co. Monaco Visa cards can be reserved with the Monaco app available for download for iOS and Android users.

For press enquiries, please contact:

The Hoffman Agency — MonacoPR@hoffman.com

About COBINHOOD

COBINHOOD is a next-generation cryptocurrency service platform. COBINHOOD is home to the world’s first zero-fee, high-frequency cryptocurrency trading platform. The company was founded by Popo Chen, the original founder of ’17 Media’, with the intention of shaping future economies by creating a financial center for the blockchain era. COBINHOOD believes the evolution of blockchain technology and a decentralized financial landscape will transform global capital markets and business organizations with long lasting impact.

https://medium.com/@monaco_card/monacos-mco-token-to-list-on-cobinhood-on-march-8-dffe928527b3

Monaco Mobile App Demonstration Video. For Money20/20 Asia, Monaco created this demonstration video to show the cryptocurrency wallet, track coin function, Monaco University and Card functions. https://www.youtube.com/watch?v=sPPiRRZiFMI

Meanwhile Paycent finished their digital wallet app, including the option for merchants. And they will start delivery of their MasterCard in few days.

There is also video demonstration of real card usage: https://twitter.com/PaycentGlobal/status/988591537385684992 (https://twitter.com/PaycentGlobal/status/988591537385684992)

Soon it will be a year from the end of Monaco ICO and we still don't see the cards... Development is really slow. Crypto card projects had hard time this year, because of all Wavecrest and Visa drama, which end up blocking most of them, but maybe this will result in new, compliant and working projects (like Nexo or FuzeX).

lol , read the topic name, all is said, monaco is nothing a part money to the devs from peoples , thats all 

@easyrimka

Yeah sure, I have read the thread topic, I did my research and my conclusion is Monaco is not a scam project. I suppose you have a different opinion, but for me SCAM is reserved for obvious money grab ICOs, where team raise the funds and disappear after. This isn't what happened here.

you are right, but the project is leaded by non pro team

Most of such projects are scams, it is obvious, so we should just ignore them.

Famouse name is not yet a reason for trust, but in this case it is necessary to see full information, read white papper, contact advizors and founders of the project, to know when the project was started and what progress has been made. Many in Europe develop projects on cards, there can be nothing bad here.

Yes, most likely it is Scam, so it is better not to wait, most likely it will remain all. see so myself, but it is very likely that a Scam.

Yes, this project and TenX have no formal agreements with Visa, although they say the opposite. Why does Visa need competitors at all? Cryptocurrencies take part of their profits.

Maybe I guess they just hear what people say, do not prove it and see it for themselves, if you want to say it like that you have to give proof so everyone knows and believe what you say is true.

Oh, it is a desperate move to announce on such short notice, either a scam or a very fool move they made. I hope someone can gather reliable information on this matter. :)

I did not understand why the price of these tokens are so high.
Let's wait to see the product when is ready if will be ok.   :)

Monaco Rebrands as CRYPTO.com to Accelerate the World’s Transition to Cryptocurrency
Consumer facing products, including card and wallet app, rebranded as MCO https://medium.com/@MCOCrypto/monaco-rebrands-as-crypto-com-to-accelerate-the-worlds-transition-to-cryptocurrency-6497e15c1db4
https://cdn-images-1.medium.com/max/800/0*mIofQqtXhW2-HjDp

Looks like the Monaco team made huge changes, acquiring crypto.com address and changing the focus to non tech savvy crowd, rather than crypto veterans. This may be a good move business wise, if they manage to lure lots of users to their card, app and token. I'm very curious how will it develop.

SCAM

Monaco card seems to be a huge scam, raising all the money from the ICO and then not doing anything apart from making a glossy website and spend $1.5 million of the ICO funds to aquire the crypto.com domain

Payment solutions were all the rage last year: Centra, TenX, Monaco, etc.

Where are they now?
Centra is in jail, Monaco is dead, and tenx is barely hanging on.

Yes, last year, the idea of being able to spend your crypto in your daily life sounded wonderful.
But people forgot the most basic fundamental thing about the crypto market: volatility.

who on earth would want to spend their btc on a bowl of noodles when today it will cost $5 and tomorrow it might cost $8.
Of course, it goes the opposite way too, that .0000001 btc you spent could be worth half of it just next week.

On top of that, regulations are an absolute mess.
Well, the lack of clarity on regulations make it an absolute mess.
There are very few jurisdictions that even have legislation in place for something like this.

Yes just nonsense projects that make the "team" very rich as they do not have to account where the money was spent and opens the way for fraud

You guys better check the latest news, cause first cards have already been delivered and tested. Also Monaco rebranded do MCO, bought crypto.com domain and looks like they will start other crypto related projects soon.

where do you see that first cards where sent ?

Looks like Monaco really did it :) There were many doubters (myself included) but seems like they will deliver it finally :)

I no longer believe in projects that give us cards with a bank account and access to fiat support. Already a lot of projects showed their inability to implement this idea, the reasons are more often that Visa and MasterCard against the crypt.

Exactly, no cards have been sent. This seems a scam.

Not send yet, but working cards was delivered to the team, and they have been testing them - check their medium blog post about it (https://medium.com/@MCOCrypto/update-working-monaco-visa-card-testing-video-a133237eb48f).

https://cdn-images-1.medium.com/max/800/1*57Q8vyiwrLtIihaTi1yIOw.png (https://medium.com/@MCOCrypto/update-working-monaco-visa-card-testing-video-a133237eb48f)

Also they added new 5000 MCO lockup white card, and changed colors of 500 tier ones.

https://i.imgur.com/8c1HlGv.jpg

MCO is not a scam and you guys really need to get over it, like seriously.

Thank you for the link, it helps satisfy that Monaco is not a scam. I appreciate it but it does not take away from the fact their team is pathetic and useless.

After questioning their tactics last year I was told their cards would be sent out in August 2017. Many people that participated in the bounty then decided to flood the thread with great reviews about how wonderful Monaco was and to give them time so I stopped posting. A year later they have not sent out even one card, none of the investors are entitled to get their money back.

Ok I accept Monaco is not a scam but when then the Monaco team use $1.5 million of investors money to buy a domain name (crypto.com) without their consent then it means the team has acted in an irresponsible manner. If customers and investors have no product a year later then it means the team is hardly covered in glory.

I have no doubt the Team has taken a share of that $26 million and used it to pay for their salaries and 'admin expenses' which could mean anything from paying the electricity bill of their office to hiring yacht to sail away for a week to have a team bonding session.

Monaco Card the product might not be a scam but the team behind it seem like scammers to me unless they produce a breakdown of dollar-by-dollar account of where they spent the $26 million worth of money raised in the ICO.

The Medium link shows they allegedly tested the card in Hong Kong and Taiwan. I have no doubt the money raised in the ICO was used to pay for their flights, hotel accommodation and ALL expenses !

@JollyGood

Yes, I agree that team is kinda slow, and they broke lots of promises. They also used raised funds for lots of different things, and crypto.com costed them probably way more than $1.5M (IMO something between $5M-$10M), but this is another story. The app is ready and I think that fully functional cards will all be send to users in coming months.

This was being said in this thread in July 2017, a whole year ago. The delay shows the Monaco Team are useless. Fully functional cards should have been sent out 12 months ago but they blamed the delay on VISA taking time to give them partner status. For a whole year they had no excuse for delay but they were probably too busy spending large chunks of the $26 million raised from the ICO on their busy shopping sprees buying designer label clothing and jetsetting all over the place because they have no accountability to show where the funds were spent.

I wish I shared your optimism but I do not.

We said it long time ago...

be careful, it doesn't look right. The associations with credit card companies already brought some ICO founders to jail and this team might not be even real either, haven't found links to linkedin on the web

Most agreed but the bounty participants kept flooding the Monaco threads here with postive messages bashing down anybody disagreeing with the Monaco team.

All of these pre paid card ICOs seem like junk, give me $30 mil and I'll make one too lol.

Exactly I agree. I think they raised $26 million at the time in Ethereum but just 6 months later in January 2018 the crypto prices went sky high so not idea what the peak was but with $26-$30 million anybody could launch a VISA card. Monaco Card and Monaco team are pathetic, useless.

So some news about their cards? There are not many altcoins which offer creditcards, most of them scammed their investors, like HashCard.
I have ordered MinexCoin card, so hope this will definetely work ;).

MinexCoin seems to be getting good review but have they actually sent cards out?

I don't think that we have any working credit card in the hands of users... Is there any project that far in development, after Visa banned WaveCrest last year? Besides Monaco, I'm also aware of Bonpay, NEXO, TenX and FuzeX - all have same status afaik, which is still in progress.

Monaco has been there for a while, ask users, simply test the experts and their social profiles prudently and DYOR as nobody should be trusted 100%.

There is so many scam projects around, and daily they have funnier names, lol. Monaco Visa. Ethereum classick whatever. It is obvious, that those projects are nothing serious.

I posted this a little while ago on a different thread but will post here too.

Kris Marszalek is CEO of Monaco Card but once the CEO of Ensogo. A simple search engine will show you why he was forced to resign from it. Anything with his fingers on it does not warrant me either investing in it or using it as a product.

https://steemit.com/monaco/@montehansen/beware-of-monaco-visa-ico-s-management (https://steemit.com/monaco/@montehansen/beware-of-monaco-visa-ico-s-management)

https://www.facebook.com/EnsogoPH/ (https://www.facebook.com/EnsogoPH/)

"Turns out the CEO of Monaco, Kris Marszalek, and 2 of his other senior executives held similar positions in a the company Ensogo. This company was forced to shut it doors middle of last year (2016), and suspended by the Australian Securities Exchange (ASX). They are being investigated for fraud and there are many looking to collect"

lol, 2 years and still no cards :D Minexcoin have started cards one month ago and they are starting applying form to get one

The Monaco team are a year later not two years but they are still way behind. They promised cards last year. I need to check Minexcoin out to see what it is.

Their ICO had great success, and after that they listed in so many different exchanges. That by itself is big deal nowadays... But whole concept is not new and to easy to replicate, and not that big and revolutionary project.

Check out STK for a real world Crypto credit card.  They have a 5 year deal with Mastercard and are sending out cards in right now.  The Beta is limited to Canadian citizens and will be extended to the US later this year.  There are AMA videos on youtube that are very informative.

Yes they do not have a revolutionary product. Getting listed on exchanges is not a big deal when you have $26 million from the ICO.

An excessive number of suspicious things in this venture and the vital reason if the network does not by any means require this undertaking, And why? since there is Tokencard to demonstrate his outcome to people in general of crypto. My idea if that was caused by cash and cash. There is no a reason can be resolved as a positive motivation to help this one, Another said if the code has cloned from another venture.

Which intends to demonstrate his validity.

Monaco team is a failure team who are not good at business.

Let's be clear, Coins infrequently are plain hoax. For me the sensible issue tends to be time and again a atrocious business proposition that has no chance of reaching its goals.

Maybe I will be wrong, but it seems to me that the project shows itself quite normal, If we are talking about the MCO project, which you can find on the CMC. Do I understand you correctly?

Monaco team is a failure team who are not good at business. Just take a look at what the same team did when they were in charge of the now failed "Ensogo" company.

The thing with monaco is that is had far an excessive number of individuals shilling and offering counterfeit news... what's more, when those ended up being false the other individuals kinda felt 'misled' as it were... That is the risk of crypto I figure - do yout claim examine, dependably!

Monaco team is a failure team who are not good at business. Just take a look at what the same team did when they were in charge of the now failed "Ensogo" company.

When the bounty participants received their MCO they abandoned the project and stopped posting positive propoganda on the Monaco thread.

this is right, nothing bright from their brains

Over a year later they have no VISA card. Monaco team especially Kris are a bunch of time wasting fools who struck gold when they received $26 million in the ICO.

goodness truly? this venture is likewise a trick? or on the other hand possibly another questions about the data given by this task. in any case, you comprehend what, on the off chance that I were you, I dont give negative criticism to this venture, its a decent one and it finished couple of days prior and you dont have verification that they trick us "members".

They promised to send VISA cards out over a year ago, that is verification  ::)

I don't surmise that we have any working charge card in the hands of clients... Is there any undertaking that far being developed, after Visa restricted WaveCrest a year ago? Other than Monaco, I'm likewise mindful of Bonpay, NEXO, TenX and FuzeX - all have same status afaik, which is still in advance.

The dev team behind Monaco are 1 year behind schedule, they were supposed to launch their VISA cards in August 2017.

They ended up spending millions on buying the crypto.com domain and diverted away from the core whitepaper promises.

More nonsense from CEO Kris Marszalek, the failed CEO of Monaco.

These fools are paying for Medium releases to keep investors hooked. The problem is the core product the ICO was intended for has not been released. They have been announcing it for a year but never did anything to release it.

CEO of Monaco (Kris Marszalek) is the same CEO of a failed company called "Ensogo" that was under investigation for fraud when it was shutdown.

Do not trust Kris Marszalek or Monaco

It was written...

Yes it was. It will end in disaster for the investors but not for Kris Marszalek or the Monaco devs/team, they will make sure they will be wealthy way after this pathetic "project" comes to an end.

Do not trust CEO Kris Marszalek or the Monaco team, simple.

Every fucking crypto card ICO has turned out to be a scam.

 ::)

For a real project check involving spending your crypto with a credit card check out STK. They have a 5 year deal with Mastercard.  The great thing is you control your private keys with STK!  Much to much to list here head over to their telegram and check them out.  They also have an AMA on youtube.   

many say in this forum that a website like that is just a SCAM.
be careful of everything that happens, because every mistake about cryptocurrency cannot be supported by someone else.

Monaco VISA card project is so pathetic. The whitepaper made clear it was for VISA crypto card but those scammers spent millions on useless promotions and including purchasing the crypto.com domain and useless apps.

You're a fool without a leg to stand on.

All the best to the awesome Crypto.com team.  Keep up the good work.

https://medium.com/@Crypto.com/mco-visa-cards-to-begin-shipping-in-singapore-dca6ddfd5bb4

After nearly 18 months of living off the ICO funds these Monaco scammers have done what?

Yeah it took a long time, but it looks like the first cards are being shipped right now in Singapore, so at least they are doing something. You may not like the pace of MCO development, but it wasn't an exitscam like in some other projects (Centra for example). Also the competition isn't doing any better TBH.

If that is true about Singapore then it is a start. Yes the competition are not exactly doing any better.

I certainly do not like the pace of development, these scammers have made enough out of living off the ICO funds but Singapore is a start.

Any news about how many cards being sent to residents there? Probably no more than 15 or 20 people I suppose.

As far as I know this project was already on the stock exchanges, how are these projects still bored, I hope that people will not be lazy and write a statement to the police on these developers, so I hope that they will be punished

It seems they finally launched their VISA card in Singapore. It took 18 months after the ICO bought them in $26 million.

Pathetic.