Post
Topic
Board Announcements (Altcoins)
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
Kris-Monaco
on 20/05/2017, 22:42:22 UTC

Thanks for the questions, appreciated!

=====> "Myself and our development team are on top of the technology, the market and our potential customer base. But none of us have a bitcointalk account or are familiar with how crypto ICO's are traditionally conducted..."

Well, one of users Kostya put it very nicely on Monaco Slack channel:

Pinned by kostya
kostya [6:03 PM]
Tokencard: Crypto people learning how to do fintech
Monaco: Fintech people learning how to do crypto
My money is on the second.



======> The impression I got from the TKN Q&A is that they would only offer full KYC options. Will Monaco be able to offer unverified debit card options? Thanks.
Edit: Oh and TKN said they would not be able to service the US or Indian market initially. Will the Monaco card have the same initial restrictions? 

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



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