Monaco is a cryptocurrecy Visa card that allows user to spend and send money globally at interbank exchange rates without any additional markups or fees. On average, users can expect to save about EUR40 on every EUR500 spent. Users can fund their Monaco Visa card using Bitcoin and Ether. In the future, users can also fund the Visa card using Ethereum's ERC20 tokens. When users swipe the Monaco Visa card, an increment of cryptocurrency or token is converted on the fly to pay for the transaction. Users can send money to each other for free using the Monaco price app in real-time. There are also security features built into the app such as card blocking and geographical security. When spending at participating merchants, users stand to receive 10% instant cashback payable in MCO price tokens.
|Genesis Date||June 26, 2017 (8 months)|
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