MONACO VISA The Revolution Of Payment Card with Cryptomoney

abstract

Bitcoin is one of the most phenomenal crypto money. Over the years many developers are trying to create and gather ideas to make the bitcoin and the underlying technology acceptable to many people. The blockchain technology found in crypto money is a network that guarantees the security of transactions, which is why many developers try to connect blockchain technology into the traditional money market.
Are you a person using crypto money? If you are that person, have you ever noticed that when you want to convert bitcoin into traditional money takes a long time and a very complicated process. The first thing you have to do is send your crypto money to the exchange market that supports the traditional money exchange, this is a tedious activity when you need funds quickly but you are required to trade first, after waiting for a long transaction process and takes at least half Hours, before the money goes into your account.
Nowadays there is a solution to solve the problem, MONACO VISA is the solution for you who want to do cash transaction in real-time and connect with thousands of bank all over the world.

Introduction of Monaco Visa

Monaco Visa is a physical card that uses VISA network so you can do transactions in various countries in the world that support VISA. Excess of this card are:

1. Core features

The Monaco VISA® Card function makes it a must-have item not just for every Ether or Bitcoin holder, but also for everyone who spends money in foreign currency. Key features:

• Spend your Ether Bitcoin with a physical or VISA® Card Monaco, wherever VISA® cards are Accepted, both online & offline
• Only the exact amount that you spend with your VISA® Card Monaco will be incrementally Exchanged from ETH / BTC in real time when you swipe your card, with rest being securely Stored in your wallet to which only you have access
• Exchange money at perfect interbank exchange rates using the Monaco App
• Enjoy the same perfect whenever you spend interbank rates on Monaco VISA® Card
• Send money from Monaco App in 23 currencies to 120 countries worldwide for free
• Sending money between Monaco App users is free and real-time, with the money being Instantly available for the recipient on their Monaco VISA® Card
• Customer onboarding can be done entirely via the mobile App - a process taking less than 3 minute

The Monaco VISA ® Debit Card

To receive Monaco Visa card customers need to download Monaco android / IOS app. And will issue a Monaco Visa card for free. You can fund your account with bitcoin and ether for free and you can also use currency fiat via bank transfer.

Support for other ERC20 currencies

Other broadly accepted cryptocurrencies will be added to the platform over time as they gain popularity and in consultation with the community.The current assumption, in order to maximize potential of the MCO Asset Contract, is to set the integration threshold at a currency-in-circulation market cap of US$500mm.

The Monaco VISA® BLACK Card

Limited Edition Monaco VISA® BLACK Card will be issued to first 999 customers. Each of the cards will have a unique number engraved from 001 to 999 accompanied by the words “Founding Member”.
The priority of the numbers will be decided after the MCO Token Creation Event, according to the following rules:

• 001-499 – will be assigned to the top ETH token contributors upon completion of MCO Token Creation Event
• 500-999 – will be assigned to the fastest contributors, based on time stamp of their ETH contribution

There will be no Monaco VISA® BLACK Card issued after the initial 999.
The BLACK CARD Leaderboard will be available and updating automatically in real-time during MCO Token Event.
Besides the exclusive design, Monaco VISA BLACK CARD holders will enjoy lifetime unlimited perfect interbank exchange rates and triple free monthly ATM withdrawal limits. More benefits will be rolled out over time.

The person who contributes the highest number of tokens in the ICO will be rewarded with Monaco
VISA® Black Card Number 001 and will receive a bonus 188,888 MCO Tokens from the Monaco
Founder's Pool. The 188,888 Bonus MCO Tokens will not be subject to a lockup period.

more details read white paper

ICO Plan

Monaco Card aims to accept up to 150,000ETH from initial token partners and create approximately 17.6m MCO for sale in exchange for the ETH committed.
The MCO smart contract will stop accepting commitments at 888,888ETH hard cap. The Token Sale will last for 30 days. If soft-cap is reached, the event will be extended for 7 days and then closed. If hard-cap is reached, the event will close automatically.
MCO token creation event will commence on 18th of May 2017, 9:30am UCT.

• Only Ether can be contributed and turned into MCO
• The Token Sale will last 30 days
• The creation will be soft-capped upon receipt of 150,000ETH
• The MCO tokens will be created in real time, in response to incoming ETH contributions
• If the soft-cap is reached before the end of the 30 days, additional contributions will be accepted for 7 days
• No more MCO will be created after this period

Join ICO NOW

Timeline

MCO Token Event Schedule

17th of May, 2017 – Announcement

18th of May, 2017 – MCO Token Creation Event Launches, MCO Tokens are created in real-time

17th of June, 2017 – Event closes

Monaco App Launch Schedule

31 Aug 2017 – Go-live date

OTHER LINK

facebook	https://www.facebook.com/Monaco-Card-1355426087883151/
twitter	https://twitter.com/monaco_card
ANN Thread	https://bitcointalk.org/index.php?topic=1926269.0
ICO page	http://mona.co/