If you haven't heard of Monaco and you are following the crypto space closely then I would certainly suggest it is worth your time looking into it. Monaco is essentially attempting to build "the worlds best cryptocurrency card" and they claim each time you spend the Monaco VISA® Card, you will be given perfect interbank exchange rates without markups or fees .
It seems Monaco is attempting to bridge the gap between fiat currencies and cryptocurrencies by providing mechanisms within their blockchain based program to reduce exchange fees and build a physical card that can be used for daily purchases.
They are having a crowdsale right now and I must admit after going to their website https://www.mona.co/ I was very impressed with how they are marketing their card. The company is doing a special promotion during the sale that will push users to be among the top 500 investors. If they meet this requirement, the Monaco team has pledged to give these individuals a black card that will enable carriers to have lifetime unlimited perfect interbank exchange rates.
Check it out
If Monaco were to pull this off, investors would get a huge return on the money they put in and these black cards could be worth a hell of a lot of money.
I recommend anybody interested to read their whitepaper, research the company and understand the rules about how to invest in this ico. I personally am torn after watching both Crypt0 and Boxmining's video about concerns and feedback from the company.
I am a community member and look forward to learning more from what will be in the comments but what do you guys think?
Big play or waste of time scam?
My emotions push me to go after that black card but competition from token card and boxmining's critique make this one a tough choice.
Hey,
Boxmining took his Youtube video's and Steemit Blog offline regarding the Monaco ICO, because Monaco reached out to him and answered his questions.
Crypt0 did a sponsored video also because Monaco reached out to him.
My suggestion to everyone is to do their own research. Ask questions on their Slack and Telegram and never invest more than you can afford to lose.
Also don't take everything you read and hear too serious, since there is unfortunately a lot of FUD out there. Instead make your own decisions based on critical thinking ;)
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