MONACO: The Cryptocurrency Visa Card for BTC and ETH



Monaco is one of the most exciting new projects in the cryptocurrency scene. It's a debit card that can be funded with Bitcoin or Ethereum!

But there is also a Monaco app, where users can top up their card, exchange money, or send money to other Monaco App users.
It's a revolutionary new system that makes cryptocurrencies much more attractive to use in real life.

After 1 year of development, the MONACO Card and App held their ICO in may this year.

They reached the target within 90 minutes only, and raised over $3 million in just 3 days!



What is the Monaco Visa Card & App?

“The Monaco VISA® Card & App gives users the ability to spend, send and exchange money at perfect interbank exchange rates, saving them EUR30-40 on every EUR500 equivalent spent. We’re doubling down on this strategy to increase the level of savings they can achieve even further by announcing the world’s first Cryptocurrency Cashback rewards program.”

-Kris Marszalek, Founder of Monaco Technology

The Visa Card can be topped up with BTC or ETH.

The Monaco App also offers free transfers between 23 currencies with "perfect interbank exchange rates."
Monaco App users also have the option to send free transfers to other monaco users, which will be credited instantly. The receiver will instantly be able to spend the funds with his card.

The card launch​ is scheduled for 31 August 2017.


Cashback program

The Monaco Visa Card offers the world's first cashback program for any cryptocurrency credit card service.

After the transaction was completed, the card holder will instantly get up to 10% of the transaction value returned to his Monaco App wallet.

That credit will be in the cryptocurrency of Monaco Technology: "MCO".
MCO tokens can easily be exchanged to BTC, ETH, USD, EUR, and other fiat currencies.

"Combining perfect interbank exchange rates and instant cashback could potentially bring the savings on a single transaction to 15-18% for our customers. It’s simply unheard of. The credit for the idea belongs entirely to the Monaco user community. We’re listening to what our users want in the product and executing at a rapid pace. If there’s a merchant you would like to see participating in the program, please join our Slack channel at slack.Mona.co, where users are currently contributing and voting on a list of merchants to bring to the Monaco platform.” -Kris Marszalek, Founder of Monaco Technology

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Black Monaco Visa Card

There will be a limited edition black Monaco Visa Card - "to acknowledge and reward the early supporters."
This special edition will offer lifetime "unlimited perfect interbank exchange rates and triple free monthly ATM withdrawal limits".
And of course, the exclusive black design.

The cards with the numbers 001 to 999 will be given to those who participated in the ICO.
The black cards from 001 to 499 will be issued to the top ETH token contributors.
The rest of the black cards, 500 to 999, will be assigned to those who contributed the fastest.

We were astounded to see that the Black Card #001 fetched over $250,000 in what appears to be a bidding war. It’s unbelievable!
-Kris Marszalek, Founder of Monaco Technology

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More Details

- Website: www.mona.co

- Whitepaper

- Blockchain: Ethereum

- Consensus: Proof of work

- Emission rate: No new coins created

- Token supply: Proportional to raise amount


What is your opinion about Monaco - would you use a BTC/ETH Visa Card?


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Images: 1, 2, 3, 4, 5, Sources: 1, 2, 3, 4, 5, 6



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