Monaco Visa ICO - tomorrow

Quote from: sud on July 12, 2018, 11:28:54 AM

@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.

Quote from: Jayjay04 on May 19, 2017, 02:56:54 PM

This will end badly...

We said it long time ago...

Quote from: houseo on May 17, 2017, 02:29:36 PM

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.

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

Quote from: JohnUser on July 15, 2018, 07:16:12 AM

Quote from: Jayjay04 on May 19, 2017, 02:56:54 PM

This will end badly...

We said it long time ago...

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.

Quote from: archiejones36 on July 16, 2018, 11:04:04 AM

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 Wink

Quote from: Collider on July 16, 2018, 11:48:13 AM

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://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 Cheesy

Minexcoin have started cards one month ago and they are starting applying form to get one

Quote from: easyrimka on July 18, 2018, 08:00:39 AM

lol, 2 years and still no cards Cheesy

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.

Quote from: Miaci on July 19, 2018, 09:04:25 PM

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.