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MCO Crypto Coin Rank 91
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15,793,831 MCO

MCO
MCO
MCO Coin Values MCO

MCO valuesUSD Price
$ 4.19

MCO BTC Price
0.00045292

MCO 24h Vol
$ 16,422,072

MCO Market Cap
$ 66,173,914

24h Vol
1,775 BTC
1 H
-0.34 %
24 H
-0.63 %
7 d
-3.33 %
Today MCO price in US dollars is currently 4.19 USD, and if converted to Bitcoin is 0.00045292 BTC. A total of 15,793,831 MCO are currently circulating in the Market. MCO price is currently experiencing a change of -0.63 %, and check here all cryptocurrency. Over the past 24 hours 0.164 M US dollars MCO have been traded on Crypto Exchanges. Get MCO's progress by adding it to your favourites and creating a free portfolio.
Full Name
MCO
Symbol
MCO
Algorithm
BTC Price
0.00045292 BTC
BTC Market
7,153 BTC
BTC 24h Vol
1,775 BTC
Total Coins Mined
15,793,831 MCO
1h
-0.34 %
24h
-0.63 %
7d
-3.33 %
Twitter
Website
Description

MCO Crypto ICO Description

The functionality of Monaco VISA® 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 VISA® Card, wherever VISA® cards are accepted, both online & offline

- Only the exact amount that you spend with your Monaco VISA® 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 VISA® Card

- Sending money between Monaco App users is free & 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 minutes

Technology

MCO Crypto Technology

Sorry, detailed technology about MCO is not currently available

Features

MCO Crypto Features

Sorry, detailed features about MCO is not currently available

ICO Status

MCO ICO Details

ICO Status
Finished
Token Supply
31587682.3632061
Start Date
2017-05-18
End Date
2017-06-18
Fund Raised (BTC)
71,392 ETH
Fund Raised (USD)
25000000
Start Price (USD)
2.88
Security Audit Company
N/A
ICO Legal Form
N/A
ICO Jurisdiction
Switzerland
Legal Advisers
N/A
White Paper

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.

Monaco Card will be holding its ICO on May 18, 2017, and only Ether can be contributed and turned into MCO. The ICO is expected to end on 17, June 2017.

If the soft-cap (150,000 ETH) is reached before the end of the 30 days, additional contributions will be accepted for 7 days.

Sale terms

Bonus Structure:

  • ETH 0 - 10,000 = 150 MCO / 1 ETH
  • ETH 10,001 - 30,000 = 140 MCO / 1 ETH
  • ETH 30,001 - 50,000 = 130 MCO / 1 ETH
  • ETH 50,001 - 75,000 = 120 MCO / 1 ETH
  • ETH 75,001 - 100,000 = 110 MCO / 1 ETH
  • ETH 100,001 - 150,000 = 100 MCO / 1 ETH

The top 500 contributors receive a special edition 'Black Card'

Use of Funds

  • 35% - R&D and Product Development Includes opening of an R&D centre in Shenzhen with approximately 20-30 engineers.
  • 20% - Marketing and Customer Acquisition The marketing budget is not significant compared to the target number of customers we intend to acquire. The key source of new customers is going to be word-of-mouth, as the product gives users a very strong commercial incentive to download the App and get the Monaco Card. There are natural network effects built into the product around the P2P money sending function, which will lower the average customer acquisition cost (CAC) substantially.
  • 15% - Initial Capex, including costs of e-Money licenses, compliance and architecture setup Some of our key partners are listed in section 4 of the document. There is a substantial cost associated with integrating all those partners, acquiring all the necessary licenses across multiple jurisdictions, building out compliance teams, legal fees and general technical architecture setup.
  • 30% - Working Capital Our product – the first and only Universal Money App - is bridging the gap between the worlds of crypto and fiat currencies. In order to offer our users real-time access to funds and perfect exchange rates without mark-up, we will have to bridge funding gaps between multiple parties using our own balance sheet.

 Escrow holders

  • Kris Marszalek – Founder @ Foris
  • Mikko Ohtamaa – CTO @ TokenMarket
  • Timothy Hitchens – Head of Solution Architects, Worldwide Public Sector - APJ at Amazon Web Service

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