Post
Topic
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
smithappens
on 26/11/2017, 20:23:24 UTC
Ha, I'm not employed by Monaco, although many in slack suggest I should be as I spend a lot of time in there! I just came on as people in the community were saying to spread the love outside of slack.

@Sebr1ng My slack ID is the same as this one - smithappens. You're obviously not in there much as I post in there all the time.

Regarding the replacement asset contract, its coming guys! Monaco completely miscalculated how much this meant to the community (not me personally as I don't think its required under the current business model), but they have recognised that and are working to release something that will be compliant. Afterall, they are ahead of the game on this front as they don't want the token to be considered a security and get it delisted from exchanges.

Remember compliance is at Monaco's core. They have drilled that into us from the start and is why they believe they will be the first to achieve a highly competitive GLOBAL product. It is how they are the first and only product with Visa Program Manager status and why they can offer much better perks to the card.

If it is the asset contract you are waiting on though, just wait a replacement is coming and the community will be informed when they have a suitable compliant replacement that wont be considered a security.