Monaco Card : Bridging the gap between Cryptocurrencies and Fiat currencies.

Monaco is a new project in the cryptocurrency space which is aiming to bridge the gap between cryptocurrencies and fiat currencies. While the demand for financial services have grown over the years, existing financial service providers all seems to fall short in one area or another. This is where Monaco comes in. Monaco provides the most convenient and cost-effective way by which customers can spend their Bitcoin, Ethereum or fiat currencies while enjoying perfect inter-bank exchange rates without markups or fees.

Monaco project is built for both cryptocurrencies and fiat currencies customers who seek to spend or use their money online without having to worry about cross-border fees. Monaco will partner with several cross-border parties to make this possible. This way, Customers funds are processed locally, avoiding cross-border fees. When a user swipes their Monaco card, only the exact amount of BTC or ETH for the transactions are processed at the best available interbank exchange rates in real time.

Monaco Card & Mobile App:

Monaco product and app launch is scheduled for 31st of August 2017. The Mobile app will be available on both Android and iOS platforms.

Upon downloading the Monaco Mobile app, Users will undergo a simple Onboarding process. This process involves an e-KYC digital ID verification which is provided by Jumio.

After Completing the remote e-KYC onboarding process, Customers will receive Monaco Visa® Card which will be shipped out for FREE. Monaco Visa® Card can be funded with either Bitcoin, Ethereum, bank transafers or with Credit/Debit Cards. The Physical Monaco Visa® Card which will be shipped to customers, can also be used for both offline and online purchases at over 30m merchants and stores that accepts Visa® globally.

Monaco Card holders are also entitled to up to 10% cashback reward when spending at participating merchants. The Cashback will be settled instantly after a succesful transaction by crediting Monaco MCO token to your app wallet.

Customers can Swipe or Exchange Money seamlessly without weekly, monthly or yearly charges. Although, there is a 1% software license fee which is charged on all BTC/ETH transactions. These fees are accrued in the MCO Smart Contract and will be used as an added incentive for investors of Monaco Project.

Monaco Token Creation Event:

MCO tokens will created during the initial coin offering which is currently underway and will last for 30 days. The minimum funding cap of 5000ETH has already been reached and exceeded. There is a 150,000 ETH soft-cap and 888,888 ETH Maximum funding cap — The ICO will end immediately if the maximum funding cap is reached. MCO tokens are created proportionally to the amount of ETH funds received and no more MCO tokens will be created after the token creation event which ends at 18th June 2017.

To participate in Monoco ICO Crowdsale, Investors are required to send ETH to the Monaco Smart Contract address and will receive an equivalent number of MCO tokens in return. Investors are also adviced to send their ETH contributions from a wallet which they own the private keys. Such wallets includes Mist, MyEtherWallet or Parity. Do not use an exchange wallet.

Here’s a breakdown of MCO/ETH price during the token creation event:

Visit Monaco Crowdsale page here: https://www.mona.co/tokensale.html

Monaco Black Card:

During the Monaco Token Creation event, A Special Limited Edition of Monaco Card called "Monaco Black Card" will be issued to investors of the ICO funding campaign. Only 999 Monaco Black card will be issued and will have a unique number engraved to the cards along with the words — " Founding Member".

The uniquely engraved numbers (001 to 999) will be assigned according to the following rules:

• 001-499 – will be assigned to the top ETH token contributors at closing.
• 500-999 – will be assigned to the fastest contributors based on time stamp.

Monaco Black Card comes with a lot of benefits including an exclusive card design, Lifetime perfect interbank exchange rates and triple FREE Monthly ATM withdrawals amongst other benefits which will rolled out in due time.

Meet The Monaco Team:

Monaco Project is led by an experienced team of entrepreneurs. Also, Members of Monaco Advisory Board are from companies like AWS, VISA, Adyen, Emarsys.

A detailed information about Monaco Project team & Advisory Board can be found on their website or whitepaper.

Community & Support:

Monaco has an ever growing community and the team members are readily available to attend to the questions raised by other users via their community support channels. You can get a detailed answer to your questions when you join Monaco Slack Channel.

Learn More About Monaco Card Project:

Monaco Bitcointalk Announcement: https://bitcointalk.org/index.php?topic=1926269.0

Website: https://www.mona.co/

Technical Document: https://www.mona.co/monaco-whitepaper.pdf

Telegram: https://t.me/MonacoCard
Slack: https://slack.mona.co/
Facebook: https://www.facebook.com/Monaco-Card-1355426087883151/
Reddit: https://www.reddit.com/r/MonacoCard/

Youtube Channel: https://m.youtube.com/channel/UCOMprzxakZOqmY23LYIawmg

My Bitcointalk: nelson4lov