MCO & CRO utility combined, Is it good or not?

[LbtalkL]

What is your perspective about this guys, Is this move are beneficial for you or not? They are swapping MCO to CRO and will combine utilities and in several months I guess they will abandon MCO, I have been staking at their wallet, if not because of the swap bonus, maybe I am at loss but thanks to that my capital amount were back. I don't think we all have the same cases, I just hope everyone that invested on MCO got profit or gets their capital back. I have seen some comment on telegram that they loss some amount after the swap, For me I earn instead, what about your cases guys?


Twitter Announcement: https://twitter.com/cryptocom/status/1290174946732175362
Blog: https://blog.crypto.com/important-announcement-mco-swap/

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[livingfree]

I have not invested on this. But if they'll be doing this it's probably because the people are confused with MCO and CRO or it's best for both chains to be in one.

Anyway both are affiliated with crypto.com and what's important is that you have earned and it's up to you if you will continue investing with them.

[monineklutak]

these two coins are a good investment, MCO and CRO show very good development, especially with the increase in CRO that has reached new all time high, MCO is the second opportunity to reach new all time high

[Febo]

MCO & CRO utility combined, Is it good or not?

Why they needed two ICOs in the first place? Why they need one when all they did is publish a credit card. Why you need capital to make a credit card?

[giammangiato]

When I invested in crypto com for receive the ruby card I bought MCO, it's strange that now they are swiping all to CRO, why not before? This is my only question. About the coin it's a good investment and his value can only increasing!

[donlogan]

I've got no skin in the game but having had bags that have gone through similar transitions, it has not ended well. It creates too much dissonance in the community and looks bad from the outside. It's hard to respect a project that has to pull something like this. It doesn't look professional.

[cafetools]

They are doing good by converting both MCo and CRO into one. This is the biggest coin that has real use cases. Giving the people a debit card is awesome, i see this coin gradually going up. Invest now! This is just getting started and they are legit. They even have insurance in case something goes wrong. I have thier Ruby card and it works great.

[donlogan]

They are doing good by converting both MCo and CRO into one. This is the biggest coin that has real use cases. Giving the people a debit card is awesome, i see this coin gradually going up. Invest now! This is just getting started and they are legit. They even have insurance in case something goes wrong. I have thier Ruby card and it works great.

The other side of the argument is that the whole point of cryptocurrency is to get away with physical methods of payment. Using cryptocurrencies via a debit card is adding an extra layer of funds moving that doesn't make sense.

In the short term it's an ok idea but I don't see why a cryptocurrency project would want to base their business model on a debit card.

[cafetools]

They are doing good by converting both MCo and CRO into one. This is the biggest coin that has real use cases. Giving the people a debit card is awesome, i see this coin gradually going up. Invest now! This is just getting started and they are legit. They even have insurance in case something goes wrong. I have thier Ruby card and it works great.

The other side of the argument is that the whole point of cryptocurrency is to get away with physical methods of payment. Using cryptocurrencies via a debit card is adding an extra layer of funds moving that doesn't make sense.

In the short term it's an ok idea but I don't see why a cryptocurrency project would want to base their business model on a debit card.

I think its  awespme they are basing thier business model from a card, its better than %99 of other projects that have nothing. this coin has huge potential

[jacafbiz]

I really do not buy into the idea of teams just creating more tokens just to pump their bag, I have seen this to be a trend now, not just MCO too alone. The two tokens seems to be doing well now and time will tell if this is justified, because most of these developers are just printing money out of the thin air

[LbtalkL]

MCO & CRO utility combined, Is it good or not?

Why they needed two ICOs in the first place? Why they need one when all they did is publish a credit card. Why you need capital to make a credit card?

Correct me if I am wrong I guess they only have one ICO which is on MCO last 2017 but they have two tokens both tokens have different utilities, maybe other people is wrong or correct two tokens means more money and now they are successful they are combining it. Why they need a token or capital? Of course, some projects started from scratch they need capital to run the business.

[nelson4lov]

I think that making the move to swap MCO tokens for CRO tokens was a smart move by their team even though a part of their community felt it was a bad one. I don't really see why there was more than one token for the platform with different use cases but used for similar operations in the same ecosystem and that meant the team had divided focus. Now that their focus is just on CRO, I'm sure it will do more better even though the marketcap is on the high side.

The MCO / CRO team has done well over the years since their ICO in mid 2017. So I'm pretty sure they'll do right by their decision to swap MCO.

[Anarchy101]

In my opinion, the decision to combine MCO and CRO is a good idea because whenever a project has more than one tokens it makes it a bit confusing to explain to others, and usually one of them gets neglected.