Post
Topic
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
Ally@monaco
on 28/11/2017, 02:29:47 UTC
Great posts here.

Monaco is still suffering from the September FUD, but the project is evolving very well and all this FUD is fading away.

What I like about Monaco is that it takes crypto to another level. The team wants to make a world class product, not
only a good crypto product, and that's what's going to make them succeed. This is reflected in the way they choose their
partners (Gemalto, Wirecard, MetaLab etc.), and the cards and packaging designs are a first sign of their professionalism.

Concerning the token price, I am very confident about the token lock-up mechanism. With the actual circulating supply,
only 20k space grey cards can be reserved in a 6 months timespan. It may seem a lot, but it's only 4% of the 500k cards
order announced a few weeks ago, without counting the other Platinum cards. This should reduce the supply significantly.

I am also waiting for another token mechanism that would incentivize the use of MCO tokens. If MCO can be spent and bought
via the app with better advantages than other currencies, then Monaco users will also be hodlers, which would have a good effect
on the price.

In the short run, new exchanges and good news will drive MCO price up.

I am obviously a large MCO hodler since August, and will keep it long term. I am also a future user of the card, so I have two
reasons to want this project succeed  Wink





We are heading to our vision: Cryptocurrency in every wallet! Can't wait to share more news with you guys in the coming future!