Hacked: Hacking Finance

ICO

ICO Analysis: Monaco

Posted on .

ICO Analysis: Monaco

Introduction

This article was posted on Friday, 15:23, UTC.

Monaco is a debit card and mobile wallet solution for Bitcoin and Ethereum whose ICO launched Thursday with so-far moderate success. At time of writing, the tokens were being sold at a rate of 150 MCO per ETH, or about 63 cents each. Since we’re late to the party, we’ll limit this analysis to the potential merits of the token itself. Key Points Monaco will add currencies under the ECR20 standard which have a total market capitalization of more than $500 million. Monaco will streamline the KYC process for users via its mobile application. The MCO token is intended to…

// -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- //

To continue reading you need to be a Gold Member or Platinum Member. Let us help you become financially independent by signing up. You will get access to exclusive stories, analysis, and guides by experienced traders, economists, and entrepreneurs. Learn more about us here.

Log In Join Now for $39 a Month! OR Save $69 by Subscribing for a Year!

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



Feedback or Requests?

Receive New Posts on Email:



P. H. Madore

P. H. Madore

http://phm.link

P. H. Madore lives in Arkansas with his wife and children. He has covered the cryptocurrency beat over the course of hundreds of articles for Hacked's sister site, CryptoCoinsNews, as well as some of her competitors. He is a major contributing developer to the Woodcoin project, and is currently nearing the completion of a cryptocurrency exchange in concert with the firm he primarily works for, Vermont Secure Computing Consultancy.

Navigation
It looks like the Japanese have finally upped their volumes.…