I fully understand the disappointment. But other cryptocard projects have similar delays:
*Plutus
*TenX
Earlier cards were withdrawn again because of issuer problems.
Each of these projects is basically going through the same muddy and slow procedure to get a card on the market.
17 months after the ICO ended is not slow procedure to get VISA cards. The truth is the Monaco VISA team are scammers they are enjoying having all their expenses being paid out of the ICO fund.