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ICO Analysis: Monaco

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ICO Analysis: Monaco


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…

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P. H. Madore

P. H. Madore


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.

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