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yaoye0o
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August 30, 2017, 02:53:56 PM |
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MONACO seems very promising and wonderful.From August.I also have a yawn in Monaco.
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debrik
Newbie
 Offline
Activity: 22
Merit: 0
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August 30, 2017, 03:03:09 PM |
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good project. good opportunity to earn . no need to listen to outsiders. They want to sow panic. The stronger we are , the weaker they!!!
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MKLord
Newbie
Offline
Activity: 49
Merit: 0
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August 30, 2017, 03:05:32 PM |
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CLOCk_counter
Member
Offline
Activity: 84
Merit: 10
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August 30, 2017, 03:06:33 PM |
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Very promising Project and good team  But it is extremely challenging to predict short term price rates. |
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mister p
Newbie
Offline
Activity: 17
Merit: 0
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August 30, 2017, 03:13:59 PM |
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this coin is driving me nuts.
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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August 30, 2017, 03:37:49 PM |
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this coin is driving me nuts.
You'll love this, the latest from CryptoBN: CryptoBreakingNews @cryptobn
#Monaco team is currently discussing a possible change in the announcement schedule $mco Things are moving quickly #Monacoapp #tenx #payI read this as "Standby for liftoff". You don't move up a launch after a leak except to protect yourself from later charges of insider trading.....and you only worry about insider trading if there is big money to be made. |
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Shauncey
Newbie
Offline
Activity: 1
Merit: 0
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August 30, 2017, 03:39:09 PM |
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this coin is driving me nuts.
Same. I fell asleep for a couple of house around 6, and snapped awake just now and checked to see how rich I was. Same rich. Not rich. Still waiting! |
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autolove2
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August 30, 2017, 03:43:31 PM |
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OMG.. one mounth ago anyone didnt believe in them... And now all people around world want their tokens  Im very happy, that I bought few tokens for 1.5$  |
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Megumi143
Full Member
Offline
Activity: 192
Merit: 100
HigH coin Symbol HIGH coingecko or stocks.exchange
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August 30, 2017, 04:09:43 PM |
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This thing will blowup tommorow !
Monanco announced, (on Twitter) " We will be launching tommorow on the Apple App Store and the Google Play Store." Are you kidding me, with only about 9million and 8 hundred thousand MCO tokens that generate revenue from fees available and people are selling at $20.
Has anyone thought how many new users they can bring in just on the Apple App Store ?
Just check the tweets.
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KG7
Newbie
Offline
Activity: 14
Merit: 0
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August 30, 2017, 04:10:41 PM |
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grinmoure
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August 30, 2017, 04:31:01 PM |
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this coin is driving me nuts.
You'll love this, the latest from CryptoBN: CryptoBreakingNews @cryptobn
#Monaco team is currently discussing a possible change in the announcement schedule $mco Things are moving quickly #Monacoapp #tenx #payI read this as "Standby for liftoff". You don't move up a launch after a leak except to protect yourself from later charges of insider trading.....and you only worry about insider trading if there is big money to be made. well the price is holding steady with a little drift to the downside absent official news. will be an interesting 24 hours to go. |
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Megumi143
Full Member
Offline
Activity: 192
Merit: 100
HigH coin Symbol HIGH coingecko or stocks.exchange
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August 30, 2017, 04:43:02 PM |
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this coin is driving me nuts.
You'll love this, the latest from CryptoBN: CryptoBreakingNews @cryptobn
#Monaco team is currently discussing a possible change in the announcement schedule $mco Things are moving quickly #Monacoapp #tenx #payI read this as "Standby for liftoff". You don't move up a launch after a leak except to protect yourself from later charges of insider trading.....and you only worry about insider trading if there is big money to be made. well the price is holding steady with a little drift to the downside absent official news. will be an interesting 24 hours to go.
On Twitter it says Tommorow is the Day !The App will launch on The Apple App Store and Google Play Store |
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MRlong
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August 30, 2017, 04:57:09 PM |
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OMG.. one mounth ago anyone didnt believe in them... And now all people around world want their tokens Im very happy, that I bought few tokens for 1.5$ I am a holder Monaco when the price of this token falldown to @30k sat . Sadly, I cannot buy some amount at @25k sat in that time, that is lowest price and I will have big profit in past days with highest price @0.006 BTC/MCO, ~ x24  |
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target
Legendary
Offline
Activity: 2240
Merit: 1041
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August 30, 2017, 04:59:45 PM |
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Things just move so quickly $20 each token is so much for someone who can only afford $1k to invest. its just less than a hundred token.
Would it be worth spending a thousand USD to invest on MCO which I can only have less than a hundred token? I'm weighing my chance whether to go for BQX or this MCO.
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Motivator
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August 30, 2017, 05:09:49 PM |
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Things just move so quickly $20 each token is so much for someone who can only afford $1k to invest. its just less than a hundred token.
Would it be worth spending a thousand USD to invest on MCO which I can only have less than a hundred token? I'm weighing my chance whether to go for BQX or this MCO.
Would you prefer to buy 50 tokens when MCO is $40 each? Your choice. |
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DigitalNinja
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August 30, 2017, 05:31:15 PM |
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Things just move so quickly $20 each token is so much for someone who can only afford $1k to invest. its just less than a hundred token.
Would it be worth spending a thousand USD to invest on MCO which I can only have less than a hundred token? I'm weighing my chance whether to go for BQX or this MCO.
Dude seriously if you have $1k to invest in crypto in total then do not put all of it into 1 project. Split it up you will do so much better. |
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Nickthegolddig
Newbie
Offline
Activity: 1
Merit: 0
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August 30, 2017, 05:50:49 PM |
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HEllo! I'm new in this crypocurrency and I'm believing in MCO! Got in last week around 10$, then 12$ and a few around 20$. Today I bought a few when it dropped to 16,5$. I believe in the roadmap of this company and hope for me and all of you investors that my beginners luck will help too  . Got some ripples to! Thinking about a few others to invest now. I wish you all a good and rising day tomorrow!! |
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Megumi143
Full Member
Offline
Activity: 192
Merit: 100
HigH coin Symbol HIGH coingecko or stocks.exchange
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August 30, 2017, 05:54:58 PM |
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Can anybody explain what will be the role of MCO coin when the system is launched? Will it pay dividends or whatever? I haven't found anything in their whitepaper.
But anyway, what role will MCO token play in Monaco ecosystem?
All of the "1% transaction fees" gathered by the Monaco project are stored in a smart contract. MCO tokens are ownership shares of that smart contract's assets. You can burn your tokens at any time to claim your share of that smart contract. See Section 1.4 of the whitepaper.
https://mona.co/monaco-whitepaper.pdf"1.4. MCO Asset Contract MCO Asset Contract accrues a 1% licensing fee on
transactions using the Monaco Card funded with ETH/BTC, as well as exchange transactions between ETH/BTC and fiat currencies. Over time MCO will be backed by a portfolio of the most popular ERC20 tokens. MCO holders will be able to access the
portfolio through a mechanism called “REDEEM &
BURN” (see 1.6).So basically, you make money by holding your Monaco coins ! I wonder what the possibilities are as far as users (1 million 2 million.) How many transactions per day would they generate. I wonder how much 1 Monaco could be worth based on the fees generated through users ? So will be able to generate income from fees generated tommorow once the app launches. |
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mellorbo666
Member
Offline
Activity: 63
Merit: 10
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August 30, 2017, 06:05:19 PM |
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Can anybody explain what will be the role of MCO coin when the system is launched? Will it pay dividends or whatever? I haven't found anything in their whitepaper.
But anyway, what role will MCO token play in Monaco ecosystem?
All of the "1% transaction fees" gathered by the Monaco project are stored in a smart contract. MCO tokens are ownership shares of that smart contract's assets. You can burn your tokens at any time to claim your share of that smart contract. See Section 1.4 of the whitepaper.
https://mona.co/monaco-whitepaper.pdf"1.4. MCO Asset Contract MCO Asset Contract accrues a 1% licensing fee on
transactions using the Monaco Card funded with ETH/BTC, as well as exchange transactions between ETH/BTC and fiat currencies. Over time MCO will be backed by a portfolio of the most popular ERC20 tokens. MCO holders will be able to access the
portfolio through a mechanism called “REDEEM &
BURN” (see 1.6).So basically, you make money by holding your Monaco coins ! I wonder what the possibilities are as far as users (1 million 2 million.) How many transactions per day would they generate. I wonder how much 1 Monaco could be worth based on the fees generated through users ? So will be able to generate income from fees generated tommorow once the app launches. You can only claim once per token. when you cash it in the mco token gets burned |
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MalReynolds
Legendary
Offline
Activity: 938
Merit: 1000
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August 30, 2017, 06:28:19 PM |
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Can anybody explain what will be the role of MCO coin when the system is launched? Will it pay dividends or whatever? I haven't found anything in their whitepaper.
But anyway, what role will MCO token play in Monaco ecosystem?
All of the "1% transaction fees" gathered by the Monaco project are stored in a smart contract. MCO tokens are ownership shares of that smart contract's assets. You can burn your tokens at any time to claim your share of that smart contract. See Section 1.4 of the whitepaper.
https://mona.co/monaco-whitepaper.pdf"1.4. MCO Asset Contract MCO Asset Contract accrues a 1% licensing fee on
transactions using the Monaco Card funded with ETH/BTC, as well as exchange transactions between ETH/BTC and fiat currencies. Over time MCO will be backed by a portfolio of the most popular ERC20 tokens. MCO holders will be able to access the
portfolio through a mechanism called “REDEEM &
BURN” (see 1.6).what the possibilities are as far as users (1 million 2 million.) How many transactions per day would they generate. I wonder how much 1 Monaco could be worth based on the fees generated through users ? So will be able to generate income from fees generated tommorow once the app launches. Why wonder...use math! Say there's 1 million Monaco card users. Say they spend $3600 per year or around $10 per day. That's $3.6 Billion per year. 1% of that goes to the MCO Assets smart contract as usage fees, or around $36 million. There's roughly 34M Monaco MCO tokens. So, bottom line.... Every million Monaco card users spending $10 per day will put a little more than a dollar per year in your pocket for every MCO token you hold. |
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