Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card

why are you looking to assets only?
First time in the crypto world that a coin get visa program manager, this will be used for spending a lot of crypto currencies, in shops everywhere over the world, this is world news

There'll be plenty of these cards in the long run anyways.

I invested a significant sum because I was expecting to participate in the gigantic amount of revenue the fees are going to produce.

And now this aspect is completely gone and Kris apparently claims that there would be "absolutely no point" in this anyways.

Which makes him look very dishonest, since the fees will add up to hundreds of millions to several billions in yearly revenue that are now 100% going to the MCO foundation and 0% to token holders.

Of course there's no point in sharing the hundreds of millions and potential billions of yearly revenue from Kris' point of view.

But the token holders just got screwed real hard if this will be the state of affairs.

So your are saying that because we dont get any of the revenue the token is worthless? but if a company make millions and billions how is it the token is worthless? i dont know anything just want to hear your opinion

If the company makes millions and billions and the token doesn't grant you a way to participate in its profits, the token is useless.

For example, if I make 100 Million a day and create a token and give it out to people, the token might get some sentimental collectors value if I was a popular figure. But other than that it would be worthless, since it won't give you any slice of my 100 Million.

During the ICO, the MCO token granted you a slice of the pie. Since today's news it no longer does. So all the money that MonaCo will earn will go to Kris and his team. Not to the token holders.