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[nick1492]

With the announcement of monaco card being approved: https://t.co/zMsexMbA33,  monaco coin has been one of the center of trading on exchanges. That is why I never forget to invest every day on monaco, as I'm sure, one day, it will be pump, because of demand to the coin and will be one of the top 10 coins in crypto world.

[crickets]

How will token staking for obsidian black cards work?

[b-synthestech]

how does the project work right now???

[trumpc2016]

How will token staking for obsidian black cards work?

It is not activated yet. They said before they will start shipping you will need to freeze tokens.

[trumpc2016]

how does the project work right now???

You can only reserve the card, but when you will get it, nobody knows yet.

[nick1492]

It will be a step by step process. First, they will release it at Singapore. Then to the rest of the countries. I can only advise to invest on it while the coin is still on a dump due to bitcoin rise. But once, it gains people confidence, the price will shoot up. As they say to the moon!!!   Here is the article of Singapore release: https://www.bloomberg.com/news/articles/2017-11-01/visa-approves-monaco-cryptocurrency-card-for-singapore-residents?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

[aero11]

MOOOOOOOOOOOOOOOOOOOON COminngg!!!!!!! Finally

YEEEEEP THAT'S FOR SURE 

[trumpc2016]

MOOOOOOOOOOOOOOOOOOOON COminngg!!!!!!! Finally

YEEEEEP THAT'S FOR SURE 

You mean btc moon?

[aero11]

MOOOOOOOOOOOOOOOOOOOON COminngg!!!!!!! Finally

YEEEEEP THAT'S FOR SURE 

You mean btc moon?

BTC is going to the sky, it is all so possible for MCO, advertising in TV and on Bloomberg

[fajarkus12]

MOOOOOOOOOOOOOOOOOOOON COminngg!!!!!!! Finally

YEEEEEP THAT'S FOR SURE  

You mean btc moon?

BTC is going to the sky, it is all so possible for MCO, advertising in TV and on Bloomberg

But i think the raise of this coin still not maximal because people still buy bitcoin. Maybe after all people taking profit from bitcoin we can see the flow of funds come to this coin

[cryptothreads]

In my country they talk about Monaco and I am very curious to know the outcome of the project because if it is recognized on all VISA cards then this altcoin will definitely be a great investment for all investors.

[BTCMILLIONAIRE]

snip

I am waiting for more information

Asset contract no longer exists. And there is no replacement for it that is relevant to investors.

Is that means that the reward system for token holder wont happen?

That's exactly what it means. And Kris released a video in which he said that "it doesn't matter anyways Mathematically" - which is completely untrue. He's either not competent of doing basic Math or he's lying to his investors about this issue. He then proceeds with a bunch of buzzwords and promises just like a shady insurance salesman would.

I would stay away from MCO if this doesn't get seriously addressed in a way that doesn't insult the intelligence of investors soon, since there are quite a few serious and honest projects that don't behave in shady ways like this.

So wait, what is the use case of MCO token then? lol

Do you have a link to the video?
Its quite disappointing there is no need for the token anymore.

It's on their Youtube page and has "asset contract" in the title.

Glad someone actually pays attention to what is happening, quite refreshing when you look at the pages filled with shills who don't care about anything other than token price and manipulation.

[fajarkus12]

In my country they talk about Monaco and I am very curious to know the outcome of the project because if it is recognized on all VISA cards then this altcoin will definitely be a great investment for all investors.

I think so, because it mean that you can using monaco card anywhere to spent all your cryptocurrency with easily. Also monaco card will always be treated as a local currency card and you will get perfect interbank exchange rates, wherever you are.

[BTCMILLIONAIRE]

In my country they talk about Monaco and I am very curious to know the outcome of the project because if it is recognized on all VISA cards then this altcoin will definitely be a great investment for all investors.

I think so, because it mean that you can using monaco card anywhere to spent all your cryptocurrency with easily. Also monaco card will always be treated as a local currency card and you will get perfect interbank exchange rates, wherever you are.

You can only spend your crypto easily if you don't evade taxes. If you don't report your trades to your government you'll pay heavy fines or go straight to jail. I don't think most people are aware of this.

[wwzsocki]

I don't get this crypto world and that is why I will tell you what I think about Monaco. Launched in perfect time when ICO boom was biggest. Raised enough money and now they can develop few years and if they are lucky there will be something from Monaco but I don't think so because of TenX and others with an already working product in the same category. If you will gamble on the price I think wait few days and act but don't think too much about this PROJECT.

[SimmonenY]

I don't get this crypto world and that is why I will tell you what I think about Monaco. Launched in perfect time when ICO boom was biggest. Raised enough money and now they can develop few years and if they are lucky there will be something from Monaco but I don't think so because of TenX and others with an already working product in the same category. If you will gamble on the price I think wait few days and act but don't think too much about this PROJECT.

Yeah, there are few similar project with working cards. TenX had good ICO, now there's Bonpay with their ICO and working card already. The competition is real.

[Sir Paijoe]

Spend anywhere, without fees

The motto that makes me optimistic, make me like and hold hold MCO, I do not care about up and down MCO prices, I'll keep for a long time because I'm sure MCO is a big project that will be profitable.

[BTCMILLIONAIRE]

Spend anywhere, without fees

The motto that makes me optimistic, make me like and hold hold MCO, I do not care about up and down MCO prices, I'll keep for a long time because I'm sure MCO is a big project that will be profitable.

There's no reason to hold tokens if you only care about the card though. At least not until the removal of the asset contract gets officially addressed with a good replacement.

[CowboyKiller]

Spend anywhere, without fees

The motto that makes me optimistic, make me like and hold hold MCO, I do not care about up and down MCO prices, I'll keep for a long time because I'm sure MCO is a big project that will be profitable.

"without fees". LOL .

So, what is the profit for this project while it does not have any user fees? The price of this token can be high but the devs will need to sell their token instead of make money through their product.

[BTCMILLIONAIRE]

Spend anywhere, without fees

The motto that makes me optimistic, make me like and hold hold MCO, I do not care about up and down MCO prices, I'll keep for a long time because I'm sure MCO is a big project that will be profitable.

"without fees". LOL .

So, what is the profit for this project while it does not have any user fees? The price of this token can be high but the devs will need to sell their token instead of make money through their product.

The company still gets money, the retailer pays the fees - not the card user. The problem with MonaCo right now is only that it no longer has a solution to distribute the profits to investors like it promised.