When the card is ready to ship, we will ask you to update the app and provide us with the shipping address.

Ruby Steel requires a deposit of 50 MCO - this hasn't changed since the cards were revealed. Also, please remember that it's a 6-month deposit, not payment.

Please contact our Support at contact@mona.co

That's not quite correct.

Crypto transactions (swipe and exchange) will bear a 1% transaction fee. The fee (all of it) will accrue in the Asset Contract. The more crypto transactions people make, the more value accrues in the contract. MCO token holders will be able to receive part of the value (proportionate to their MCO holding) by sending the token to the Asset Contract, and receiving ETH in return (it's described in more detail in the whitepaper).

There will be different KYC levels and depending on those, there will be different limits on the cards.

Prepaid debit card. The biggest difference is the perfect interbank exchange rates.

Aside from the cool design, to start with, Black Cards will come with  lifetime unlimited perfect interbank exchange rates and triple free monthly ATM withdrawal limits. More benefits will be rolled out over time.

I'm afraid not. Black Cards were available only during the token sale.

Done.

It should be fixed now.

It works. PM me your email address to send you a direct invite.

The app is scheduled to launch on Aug 31, cards will start shipping in September.

As communicated many times already during and after the token sale, both in this thread, on our Slack and telegram channels:

We are on schedule with the product. App to be released on Aug 31, cards will start shipping in September.

Both Black and Red cards will be free of charge.

We're in the process of becoming Visa program manager. Compliance is key, so the process takes time.

Nothing is postponed. App is still scheduled to launch on Aug 31, just as it was right from the start. Please refer to the whitepaper.

Get Ready To Choose & Secure Your Monaco Black Card Number!

Dear Black Card Holder*,

Congratulations!

On behalf of the whole Monaco team I would like to thank you for your support once again and congratulate you on becoming our Founding Member and Black Card Holder!

In coming days, you will receive an invitation that guides you to choose your card number.

Here is how it will work - User with leaderboard position 002 at the closing of the ICO will be able to pick any number like 007, 008, 777, 888. The number picked will then become unavailable and user with leaderboard position 003 will be able to pick his/her number next. The process will repeat until all users with leaderboard position until #099 have selected their most desired numbers.

IMPORTANT: Please note that if you do not choose your card number within 24 hours after receiving the invitation email, you will be automatically assigned a number on the basis of lowest-available-number-first.

Good luck in getting your favorite card number!

*Applies to Black Card holders #002-099

Yes, detailed breakdown of the token pools is in the whitepaper. We modelled our Token pool structure on VC-backed companies doing IPOs. 30% went to the public, 30% is kept by the company as capital reserve for future fundraising. 25% is for the team, 10% is for future hires as a talent pool and 5% is for advisors. The reality is that building a large scale consumer brand in financial services requires world class talent, a lot of capital, time and luck. The way we structured the Token pools increases our chances of building a global business with millions of customers, who will transact billions of dollars on the platform, driving the price of MCO up for all Token holders. Back of the envelope calculation: assuming a very low of acquired CAC (customer acquisition cost) of US$30, it will cost US$150m to reach 5m customers. That's just direct cost. On top of that there is a lot of infrastructure that needs to be built to serve this kind of number of customers. It can't be done with 20 devs and no other headcount. Risk & Compliance, customer support, product, tech, marketing, finance - we're building a business and not just launching a coin. Above all, you have to remember that with this setup founding team incentives are 100% aligned with all Token holders - we all want to see Monaco at a billion dollar market cap. This is when we all win and this is what we are working towards.

It's working perfectly fine. If you have problems signing in, PM me your email and I will send you a direct invite.

It's up to them, because they own it - they need to enable the trades. Last update was live by Wednesday, which is today. Most exchanges are currently swamped with new coins being added and have backlogs.

It's up to LiveCoin Team, actually, not us. You can see the token is listed there already.

Founder's pool is in lockup.