NULL

[fracas]

A question for Monaco Team:

I've reserved a Spacegray Monaco card, so I've to hold 500 MCO for 6 month... Where I have to hold it?

And another question.. When I will receive my card? after 6 months? so maybe is better if I order a Midnightblue card first and after I receive it, order the other one?

You will receive instructions in weeks and card in months at this pace. But the most important thing is the VISA partnership announcement that should come in days according to creator interview posted few pages ago.
___

***If you use this REFERRAL\INVITE LINK before sign-in up at Monaco App you get free 10$:
http://get.mona.co/IVWT/R1v1MlLh5F (just click it after having opened Monaco App before sign-in)***

+++Now you get free spots in queue too using INVITE LINK!!+++

[crickets]

When BTC takes 10 mins to transfer, how does the Visa transfer get done? Middleman?

they probably will use their MCO 'native' coin as the middle man...but I remember they said you can keep both fiat and crypto in the wallet.

[thelema93]

"We are going to do KYC on 100% of our customers. We are building a real alternative to banks and the focus from business standpoint is on customers who already have a bank account. We are not going to be present in US & India in the beginning, but our vision is to make Monaco a global brand. It will require time, effort and capital, as in many cases it means setting up local operations, getting local e-money licenses and finding additional Visa or MasterCard issuing partners.

Kris"

"The card is just a way to get users in.. and allow the your funds to be easily accessible anywhere in the world on existing banking/visa rails.

If you want to understand the true potential of the project, you have to focus on what our APP will be able to do.
One example:

We are integrating with a well funded startup in online lending space - they disrupted a lot of traditional bank business by having proprietary algorithms that judge credit risk based on thousands of data points. They provide instant loan decisions online. So by integrating with them, we will enable a new account top-up option: Instant Credit. You will be assigned a limit, from which you can top-up your account. You will receive a monthly statement for Instant Credit and if you repay on time, there is no interest.

This effectively turns Monaco Debit Card into a Credit Card -> you will not have to pre-fund your purchases!

We have similar things on the roadmap for:
- travel insurance
- wealth management / investment funds

Eventually, by integrating a lot of disruptive products into the app, we will become a platform that banks will have extremely hard time competing with.

Last, but not least - blockchain & crypto are such powerful building blocks for innovation. We could not be more excited about the potential to disrupt finance industry with it.... But coming from traditional business world / finance background, we understand that in order to take marketshare from them, we need to play by the rules. Compliance. Compliance. Compliance.

Kris"

[rajravind]

A question for Monaco Team:

I've reserved a Spacegray Monaco card, so I've to hold 500 MCO for 6 month... Where I have to hold it?

And another question.. When I will receive my card? after 6 months? so maybe is better if I order a Midnightblue card first and after I receive it, order the other one?

Based on their previous post, you need to send the 500MCO to their apps where they will lock it for 6 months . The moment you locked it, thats the moment a card will prepared for you .
They will start to send out frm Oct onwards.
Depends on region though

[Megumi143]

This coin may double overnight

[Isaaq.Almaguer]

"We are going to do KYC on 100% of our customers. We are building a real alternative to banks and the focus from business standpoint is on customers who already have a bank account. We are not going to be present in US & India in the beginning, but our vision is to make Monaco a global brand. It will require time, effort and capital, as in many cases it means setting up local operations, getting local e-money licenses and finding additional Visa or MasterCard issuing partners.

Kris"

"The card is just a way to get users in.. and allow the your funds to be easily accessible anywhere in the world on existing banking/visa rails.

If you want to understand the true potential of the project, you have to focus on what our APP will be able to do.
One example:

We are integrating with a well funded startup in online lending space - they disrupted a lot of traditional bank business by having proprietary algorithms that judge credit risk based on thousands of data points. They provide instant loan decisions online. So by integrating with them, we will enable a new account top-up option: Instant Credit. You will be assigned a limit, from which you can top-up your account. You will receive a monthly statement for Instant Credit and if you repay on time, there is no interest.

This effectively turns Monaco Debit Card into a Credit Card -> you will not have to pre-fund your purchases!

We have similar things on the roadmap for:
- travel insurance
- wealth management / investment funds

Eventually, by integrating a lot of disruptive products into the app, we will become a platform that banks will have extremely hard time competing with.

Last, but not least - blockchain & crypto are such powerful building blocks for innovation. We could not be more excited about the potential to disrupt finance industry with it.... But coming from traditional business world / finance background, we understand that in order to take marketshare from them, we need to play by the rules. Compliance. Compliance. Compliance.

Kris"

That is awesome! where is this quote from?

[bitminton]

This coin may double overnight

hope monaco can get back 20$

[lilRoy07]

why do losers cap it with big amounts at 232 etc?


its gonna double over night.

christmas bonus awaits us all...

[rouhaud]

"We are going to do KYC on 100% of our customers. We are building a real alternative to banks and the focus from business standpoint is on customers who already have a bank account. We are not going to be present in US & India in the beginning, but our vision is to make Monaco a global brand. It will require time, effort and capital, as in many cases it means setting up local operations, getting local e-money licenses and finding additional Visa or MasterCard issuing partners.

Kris"

"The card is just a way to get users in.. and allow the your funds to be easily accessible anywhere in the world on existing banking/visa rails.

If you want to understand the true potential of the project, you have to focus on what our APP will be able to do.
One example:

We are integrating with a well funded startup in online lending space - they disrupted a lot of traditional bank business by having proprietary algorithms that judge credit risk based on thousands of data points. They provide instant loan decisions online. So by integrating with them, we will enable a new account top-up option: Instant Credit. You will be assigned a limit, from which you can top-up your account. You will receive a monthly statement for Instant Credit and if you repay on time, there is no interest.

This effectively turns Monaco Debit Card into a Credit Card -> you will not have to pre-fund your purchases!

We have similar things on the roadmap for:
- travel insurance
- wealth management / investment funds

Eventually, by integrating a lot of disruptive products into the app, we will become a platform that banks will have extremely hard time competing with.

Last, but not least - blockchain & crypto are such powerful building blocks for innovation. We could not be more excited about the potential to disrupt finance industry with it.... But coming from traditional business world / finance background, we understand that in order to take marketshare from them, we need to play by the rules. Compliance. Compliance. Compliance.

Kris"

That is awesome! where is this quote from?

any dates for those upgrade?

[HitTheLow]

This coin may double overnight

hope monaco can get back 20$

Absolutly, definetly yes

[rajravind]

why do losers cap it with big amounts at 232 etc?


its gonna double over night.

christmas bonus awaits us all...

Maybe they r taking some profits
Let them do it..
Is a norm.

[trumpc2016]

"We are going to do KYC on 100% of our customers. We are building a real alternative to banks and the focus from business standpoint is on customers who already have a bank account. We are not going to be present in US & India in the beginning, but our vision is to make Monaco a global brand. It will require time, effort and capital, as in many cases it means setting up local operations, getting local e-money licenses and finding additional Visa or MasterCard issuing partners.

Kris"

"The card is just a way to get users in.. and allow the your funds to be easily accessible anywhere in the world on existing banking/visa rails.

If you want to understand the true potential of the project, you have to focus on what our APP will be able to do.
One example:

We are integrating with a well funded startup in online lending space - they disrupted a lot of traditional bank business by having proprietary algorithms that judge credit risk based on thousands of data points. They provide instant loan decisions online. So by integrating with them, we will enable a new account top-up option: Instant Credit. You will be assigned a limit, from which you can top-up your account. You will receive a monthly statement for Instant Credit and if you repay on time, there is no interest.

This effectively turns Monaco Debit Card into a Credit Card -> you will not have to pre-fund your purchases!

We have similar things on the roadmap for:
- travel insurance
- wealth management / investment funds

Eventually, by integrating a lot of disruptive products into the app, we will become a platform that banks will have extremely hard time competing with.

Last, but not least - blockchain & crypto are such powerful building blocks for innovation. We could not be more excited about the potential to disrupt finance industry with it.... But coming from traditional business world / finance background, we understand that in order to take marketshare from them, we need to play by the rules. Compliance. Compliance. Compliance.

Kris"

That is awesome! where is this quote from?

Damn, if that's true, I need get more capital into this. This will be fucking HUGE biz!

[JohnDoe3490]

This coin may double overnight

hope monaco can get back 20$

Absolutly, definetly yes

I hope so. I got in after the dip so I'm not that worried.

[denam]

Monaco is flowing against the direction of market once again. It is time when most of the market are again red but MCO is doing is best to not only keep increasing but also holding the floor successfully. In spite of undesirable updates this token is still maintaining itself that shows how much support is has at its back.

[Nixeus]

So...visa approval, then to the moon ?

[lilRoy07]

gonna explode any moment now.

[thelema93]

"We are going to do KYC on 100% of our customers. We are building a real alternative to banks and the focus from business standpoint is on customers who already have a bank account. We are not going to be present in US & India in the beginning, but our vision is to make Monaco a global brand. It will require time, effort and capital, as in many cases it means setting up local operations, getting local e-money licenses and finding additional Visa or MasterCard issuing partners.

Kris"

"The card is just a way to get users in.. and allow the your funds to be easily accessible anywhere in the world on existing banking/visa rails.

If you want to understand the true potential of the project, you have to focus on what our APP will be able to do.
One example:

We are integrating with a well funded startup in online lending space - they disrupted a lot of traditional bank business by having proprietary algorithms that judge credit risk based on thousands of data points. They provide instant loan decisions online. So by integrating with them, we will enable a new account top-up option: Instant Credit. You will be assigned a limit, from which you can top-up your account. You will receive a monthly statement for Instant Credit and if you repay on time, there is no interest.

This effectively turns Monaco Debit Card into a Credit Card -> you will not have to pre-fund your purchases!

We have similar things on the roadmap for:
- travel insurance
- wealth management / investment funds

Eventually, by integrating a lot of disruptive products into the app, we will become a platform that banks will have extremely hard time competing with.

Last, but not least - blockchain & crypto are such powerful building blocks for innovation. We could not be more excited about the potential to disrupt finance industry with it.... But coming from traditional business world / finance background, we understand that in order to take marketshare from them, we need to play by the rules. Compliance. Compliance. Compliance.

Kris"

That is awesome! where is this quote from?

Damn, if that's true, I need get more capital into this. This will be fucking HUGE biz!

I found it on the Phillipino language Monaco thread... on here!...

https://bitcointalk.org/index.php?topic=1942414.0

[gluedog]

Hello!

What is the inflation rate of this Token?
I want to buy a bunch. I looked on coinmarketcap and I have seen:

Circulating Supply
9,814,875 MCO

Total Supply
31,587,682 MCO

I have been burned by inflation coins in the past, so can anyone tell me what the inflation rate for this coin is?
How many new coins enter circulation every month for example?

[xllmn]

Hello!

What is the inflation rate of this Token?
I want to buy a bunch. I looked on coinmarketcap and I have seen:

Circulating Supply
9,814,875 MCO

Total Supply
31,587,682 MCO

I have been burned by inflation coins in the past, so can anyone tell me what the inflation rate for this coin is?
How many new coins enter circulation every month for example?

around 33 mil and thats it , i dont think they will add more , read the white papers here:

https://github.com/masonicGIT/ico-whitepapers/blob/master/monaco/monaco.pdf

[HitTheLow]

Is VISA will approve on thursday, is it right?