Please, help us get better.
x
MCO logo
Website

MCO

ICO

Universal Money App. Monaco – cryptocurrency card. Spend and send money globally at interbank exchange rates, saving EUR30-40 on every EUR500 equivalent spent.

IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Active radiologex Banner Ads 1

Overview

Project industryFinance Services & Banking
FoundedSwitzerland

What is MCO

The functionality of Monaco Card makes it a must-have item not only for every Ether or Bitcoin holder, but also for everyone who spends money in foreign currency. Core features:

  • Spend your Ether or Bitcoin with a physical Monaco Card, wherever cards are accepted, both online & offline
  • Only the exact amount that you spend with your Monaco Card 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 Monaco App
  • Enjoy the same perfect interbank rates whenever you spend on Monaco Card
  • Send money from Monaco App in 23 currencies to 120 countries worldwide for free
  • Sending money between Monaco App users is free & real-time, with the money being instantly available for the recipient on their Monaco Card
  • Customer onboarding can be done entirely via the mobile App – a process taking less than 3 minutes
  • In order to receive the Monaco Card, our customers need to download Monaco Android / iOS App and go through a simple 3 min onboarding process, including remote KYC. We will issue and send the Monaco Cards to customers free of charge. The physical card can be used both for online and offline purchases at more than 30m merchant locations globally. Every time you spend with the Monaco Card, you will be given perfect interbank exchange rates without markups or fees. In practice that means savings of EUR30-40 on every EUR500 spent, compared to high street banks.

    You can fund your account with Ether and Bitcoin, instantly and for free. You can also use fiat currencies, topping up your account by bank transfer or with a debit/credit card. Finally, you can also apply for a credit limit from our App and receive a decision within 48 hours. A top-up credit limit effectively turns the Monaco Debit Card into a credit card, as you will only pay interest on amounts of credit that you use, but don’t repay in a timely fashion.

    Spending your ETH/BTC with Monaco Card is seamless. You keep ETH/BTC balances in your wallet, which you can view at any time in the Monaco App. Every time you swipe your Monaco Card, we will only exchange the incremental amount of ETH/BTC that is required to settle the fiat currency transaction. The rest of your ETH/BTC balances remain in your wallet. There are no monthly or annual fees for usage of the Monaco Card. Access to perfect inter-bank exchange is free. Monaco will not charge fees for global ATM withdrawals within Fair Usage Limits. There is a 1% fee for all transactions (swipe and exchange) of ETH/BTC. These earnings will accrue in the MCO Smart Contract, the rights to which will be held by community members who hold MCO tokens.

    Details

    Public sales: May 18, 2017 - Jun 18, 2017
    Total tokens for sale: 9,476,400 MCO
    Raised: 26,700,000 USD

    Legal

    Blockchain Platform: Ethereum
    Registration country: Malta
    Registration year: 2016
    Office address: 171 Old Bakery Street, Valletta, VLT1455 Malta

    Token info

    Ticker: MCO
    Token price in USD: 1 MCO= 2.88 USD
    Accepted currencies: ETH

    Offices on the map

    MCO Roadmap

    1
    June 2016

    Founded Monaco

    2
    September 2016

    Secured card issuing capability

    3
    October 2016

    Built prototype

    4
    November 2016

    Accepted into the SuperCharger, Asia's leading FinTech Accelerator

    5
    February 2017

    Accepted into Hong Kong government-backed Cyberport Incubation Program

    6
    April 2017

    Graduated from SuperCharger, Demo Day at the Hong Kong Stock Exchange

    7
    May 2017

    Launched MCO Token sale

    8
    June 2017

    Raised US$26.7m, placing MCO in top 10 token sale events of 2017

    9
    July 2017

    MCO Token listed on Bittrex, the largest digital asset exchange by volume (globally)

    10
    August 2017

    MCO Token listed on Binance, China's fastest growing digital asset exchange

    11
    August 2017

    Pre-registration apps go live and full card portfolio announced

    12
    October 2017

    Visa Program Manager approval launched

    13
    November 2017

    Partnership with Gemalto to produce metal cards

    14
    December 2017

    Four key hires announced (COO, CCSO, CMO, Platform Architect)

    15
    December 2017

    Launched listings on 9 additional cryptocurrency exchanges (Total 17)

    16
    January 2018

    Announced Credit and Invest products on CNBC

    17
    April 2018

    MCO Token listed on Bithumb, leading South Korean cryptocurrency exchange

    18
    May 2018

    Global cryptocurrency app release

    19
    May 2018

    MCO Token lockup enabled

    20
    July 2018

    Monaco rebranded to Crypto.com

    21
    July 2018

    Launched 3 new MCO Visa Card colours

    22
    October 2018

    Crypto Invest launched

    23
    October 2018

    MCO Visa Cards started shipping in Asia

    24
    November 2018

    Crypto.com Chain Blockchain and Token (CRO) announced

    25
    February 2019

    MCO Visa Card new value proposition announced

    26
    February 2019

    Crypto.com Vortex multi-exchange trading platform launched

    27
    March 2019

    Crypto.com Pay launched

    28
    April 2019

    USD Bank Transfers announced

    29
    April 2019

    Council Node Rewards launched

    30
    May 2019

    Crypto Earn launched

    31
    May 2019

    Crypto Credit launched

    32
    July 2019

    MCO Visa Cards started shipping in the U.S.

    33
    September 2019

    Crypto.com Chain Testnet 1.0

    Project team

    Kris Marszalek
    Kris Marszalek
    CEO
    Kris Marszalek linkedin
    Rafael Melo
    Rafael Melo
    CFO
    Rafael Melo linkedin
    Gary Or
    Gary Or
    CTO
    Gary Or linkedin
    Bobby Bao
    Bobby Bao
    Managing Director
    Bobby Bao linkedin
    Brent Diehl
    Brent Diehl
    SVP, International Expansion
    Erald Ghoos
    Erald Ghoos
    CCO
    Sean Rach
    Sean Rach
    CMO
    Weiyi Zhang
    Weiyi Zhang
    Platform Architect
    Eric Anziani
    Eric Anziani
    COO
    Jason Lau
    Jason Lau
    CISO
    Matthew Chan
    Matthew Chan
    CIO
    Maggie Ng
    Maggie Ng
    SVP, Head of Marketing
    Cerulean Hu
    Cerulean Hu
    Lead Blockchain Engineer
    Ivan Stefanov
    Ivan Stefanov
    SVP, Risk Management
    Kasim Zorlu
    Kasim Zorlu
    SVP, Head of Growth

    Advisors

    Antoine Blondeau
    Antoine Blondeau
    Chairman of the Advisory Board
    Rob Bier
    Rob Bier
    Organisation Design & Scaling
    Chien-Liang Chou
    Chien-Liang Chou
    Engineering
    Chris Corrado
    Chris Corrado
    Trading Technology
    Dimitri Tsamados
    Dimitri Tsamados
    Talent

    Social media

    MCO web-siteMCO RedditMCOYouTubeMCO TelegramMCO InstagramMCO TwitterMCO FacebookMCO DiscordMCO Slack

    MVP

    App storeGoogle Play

    User rating:

    5/5 ( 1 )
    0

    How To get a verified Project status

    To pass the verification you need to place our logo on the main page of your website and make an announcement of the listing in your social network accounts. Send us the email in reply with confirmation of the link placement.

    Horizontal
    Square
    Light
    Dark
    Height: 50 px
    Width: 160 px

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Top-Rated Crypto Projects