i was able to setup the MN using the monocei   binaries..
also if done quickly, it is possible to make sure the status of the MN stays ENABLED.

Windows ( local HOT wallet)
1) Download the windows wallet from https://github.com/monacocoin-net/monoeci-core/releases
2) let it sync.
3) once sync is done, stop the old Monaco wallet and Monocei wallet on windows
4) copy paste wallet.dat and masternode.conf which comes from your MonacoCoin Core directory Copy and paste monaco.conf and rename to monoeci.conf
5) Start the Monocei wallet.

Linux VPS
1) Download the linux binaries https://github.com/monacocoin-net/monoeci-core/releases.
2) Stop the linux daemon for monaco "./monacoCoin-cli -daemon"
3) start the monocei daemon "./monoecid -daemon"
4) let it sync for a while.
5) once sync is done, stop the monocie daemon
6) copy the monaco.conf and rename to monoeci.conf
7) restart the linux daemon.

PS: in case you have issues with running lnux daemon, please use the following files https://www.dropbox.com/s/rbtwujk0wma2i1s/monocei.tar.gz?dl=0
these files are for ubuntu 16.04

setup sentinel as mentoined in dev guide.

wait for some time and check you MN status.