Post
Topic
Board Announcements (Altcoins)
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
BTCMILLIONAIRE
on 31/10/2017, 20:31:55 UTC
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.

O-ho, firstly they stopped sharing the revenue, next step is to stopping working.
Why should they work hard for hundreds of millions, if these millions could work for them...
You can bet that there are countless of ICOs who go precisely that route.

I don't think MCO is one of them, and I still hope that Kris simply didn't think of the possibility of a legal workaround for the sharing of revenue.

But we'll have to wait for his official statement on this matter.

If the fees go 100% to the MCO foundation and 0% to token holders I'll dump my investment during the next pump though.