VISA Debit and Credit cards have become a part of our lives. We needs these cards for the payment of our daily expenses or even lavish expenses sometimes. Now, cryptocurrrencies have also become a daily part of some people's lives as well. People are using cryptocurrencies for making real life payments instead of only speculating on it.
Monaco (MCO) is a cryptocurrency project which, in partnership with VISA, has launched its crypto cards which can be used to make payments in crypto. Monaco is among some project which are working hard to make crypto common in people's lives. Monaco is now re-branding itself after making an enormous aquisition, the domain crypto.com
Yes, you heard it right. Crypto.com has now been sold to Monaco(MCO) project for almost $10 Million.
Matt Blaze registered this domain back in 1993 and until now he was keeping it and reluctant to go for any lesser fess. But after Monaco (MCO) offered $10 Million, Matt accepted the offer. Of course, the crypto.com is the most sought after domain in cryptocurrency space.
As per this source, the CEO of MCO said recently:
“This is a very powerful identity that we are taking on. It’s representative of the entire category so it comes with a huge responsibility on us to carry the torch. We don’t take it lightly and this is one of the things that I think we conveyed successfully, that, as a company, we do have a higher purpose.”
Now, let's see how Monaco project will utilize this domain name.
Thanks for reading...!!
10 Mio. $ for a domain! This is crazy and I envy the guy who won the lottery when he bought this domain in '93!
It doesn't make Monaco any more attractive to me though - I still don't believe in crypto as a currency. Cryptos are shares of startups - that's all...
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Yeah, $10 Million for a domain is quite insane. Monaco is a good project though, even before making this acquisition.
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The Crypto coins are the future, in fact I see the projection of this currency in the future, it is growing more now with the new technologies, we will continue to project a better way to evolve it and of that I have no doubt whatsoever ..
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when i see someone sell a domain for 10 mil i think im in the wrong business....sheeeeeeesh!!!
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@cryptonest I gave you an upvote on your post! Please give me a upvote and I will give you a follow in return and possible future votes!
Thank you in advance!
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