Quote from: Itiscomplex on June 22, 2017, 02:32:34 AM

Quote from: matt@monaco on June 21, 2017, 11:52:11 PM

Quote from: Itiscomplex on June 21, 2017, 12:06:26 AM

Hi guys... I invested some of my money in this ICO. I´m wondering if you can help me with something...
What do I loose selling my MCO tokens in the first days?
Do I loose something?
What should I do with the tokens if after the trades begins the price goes up?
Why I would hold my tokens and not sell them in the first days?

The value of holding the token long term lies within the underlying Asset Contract, where fees from crypto operations will accrue.

You can refer to Section 7 of our whitepaper for more details.

Thanks, but I didnt understand what do the white paper means with "burn cash" my tokens... can you explain?
Do you know what happens if I sell my tokens in the first week? If buy then again in a few months would I be able to win the 1% of the transactions?

You "burn" (i.e.: destroy) the token and receive part of the value stored in the Asset Contract in return. This will reduce the MCO supply increasing the "share" of MCOs remaining in the market (and hence further increase the token value).
If you sell your tokens in the first week then... you will not have your tokens :-) You will still be able to apply for the card once it goes live. And yes, you will be able to purchase the tokens in the market later and "burn" them the same way you would have with the "original" ones.

Note: the 1% is the fee we collect on crypto transactions. Your claim on the Asset Contract will depend on how many MCOs you hold vs. the total supply.