What is the utility for MCO? if the card can be fund with ETH and BTC, why people should buy MCO?
you receive dividends
dividends of what? and where?
well, supposedly, the profits made by monaco is distributed to MCO holders proportionally. Profits made from the usage of the card. So you'll have to wait until September before these profits start coming in, that's when the card and the app are released.
That's not quite correct.
Crypto transactions (swipe and exchange) will bear a 1% transaction fee. The fee (all of it) will accrue in the Asset Contract. The more crypto transactions people make, the more value accrues in the contract. MCO token holders will be able to receive part of the value (proportionate to their MCO holding) by sending the token to the Asset Contract, and receiving ETH in return (it's described in more detail in the whitepaper).