You guys are not seeing or talking about the upcoming rocket ride that was announced yesterday. Forget the Moon, MCO price is headed for the stars.
Get the free blue plastic card, you're limited to $200 per month free ATM cash withdrawals from your crypto stash.
Get the red metal card, you're bumped up to $400 monthly free ATM cash withdrawals
forever from your crypto stash - but you gotta freeze 50 MCO in a smart contract for a mere six months. That's not a bad deal.
Get the silver/gold metal card, you're bumped up to $800 monthly free ATM cash withdrawals
forever from your crypto stash - but you gotta freeze 500 MCO in a smart contract for a mere six months. That's not a bad deal, either.
Say 10,000 people get a red card. They freeze 10K*50 = 0.5M MCO out of the market for six months. That's over 5% of the total current circulating supply of MCO.
Say 1,000 people get a gold / silver card. They freeze another 1K*500 = 0.5M MCO or another 5% of total MCO supply out of the market for six months.
10% of total supply of MCO can very plausibly get locked up for six months by the first 11,000 Monaco metal card holders. This could easily happen - there's already over 8500 people holding MCO.....
https://etherscan.io/token/Monaco#balancesThere's no reason why you should stop a one metal card. You need to withdraw $5000 per month for free? Buy multiple metal cards with multiple freezes of MCO.
What if there are 20K metal card holders by the end of the year? 50K? What if they sign up for multiple cards?
Do the math. Think of the possibilities. MCO currently has a very limited circulating supply of under 10M tokens. People are gonna be buying those precious MCO tokens at Bittrex soon to get their precious metal cards. The price of MCO is gonna skyrocket as more and more metal cards get purchased in the next few months and more and more MCO gets taken out of circulation.