If you are a holder of Bitcoin or Ethereum, looking for a perfect debit, Mona.Co offers you the best cryptocurrency Visa debit card. There are a lot of cards in the market that support Bitcoin but they do not support Ethereum. However, they convert the ETH in BTC and then later into Fiat. The Monaco card will convert both ETH and BTC into Fiat.
The biggest competitor of the Monaco card is TokenCard at the moment, that also offers ETC and BTC conversion. It had its token sale before Monaco but due to some technical issues it couldn't be executed yet. The Monaco card token sale started on 18 May 2017 and was scheduled to end in 30 days or earlier if the hard cap of funding was reached before the sale ends. These are the crowdsale goals of the Monaco Card: A Minimum goal: 5000 ETH (which has already been reached) A Soft cap: 150,000 ETH A Hard cap: 888,888 ETH
The Monaco Tokens known as MCO are being issued on the Ethereum platform (ERC20 token). It is an equity token allowing the holders to participate in buyback program. The buyback program means reduction in the amount of total available token, this in will in turn increase the price of the MCOs.
Let's look into the Mona.Co features of the Monaco Visa Debit card.
• This card is compatible with both BitCoin and Ethereum.
• Payments can be made through Visa.
• It is supported by a mobile App, showing real time prices and conversion rata data. Free money transfers between Monaco card holders. Biometric identifications.
• Free exchanges between USD and EUR.
• Payments made in BTC or ETH will be converted into Fiat at only 1% fee.
• Monaco will cover all Visa's transaction fees.
• Transaction fees will be turned into the cryptocurrency payback program. The Monaco Visa Black Card.
Monaco offered the limited black card series for the top first 999 contributors and the card numbers from 500-999 have already been sold out. For those who do really want the black card there still is a chance as the series starting from 001 to 499 are still to be sold. You need to make sure you contribute the most and keep checking your rank in the list of the top contributors. Here are the minimum limits set for each series: § Card number 001: minimum contribution over 3004.999999995 ETH. o The winner of this card will be given a free bonus of 188,888 Monaco tokens, having a worth of US $377,776 approx.
Card numbers 002 — 010: Minimum contribution over 4968.46609ETH. The winners of this pool will be allowed to choose their desired number and the card number they choose will be made unavailable to the rest of the winners in the lower pool.
Cards #011-099: Minimum contribution is over 56.9ETH.
Cards #100-199: Minimum contribution is over 31.199928354ETH.
Cards #200-299: Minimum contribution is over 25ETH
Cards #300-399: Minimum contribution is over 20ETH
Cards #400-499: Minimum contribution is over 15.02ETH
Join the ICO NOW
Author: HarryKPeters
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