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Monaco is building a fiat gateway (similar to Coinbase), and partnered with VISA so you can spend your different crypto coins anywhere with a regular VISA card (NFC supported).
This project is really undervalued at the moment. If you look at the graph you can see this project hasn't mooned in the past few weeks like all the others, so it's still worth investing in while it's low.
However the major reason I'm posting this is because all the competition ( TenX , Centra) has got suspended by VISA because their card issuer (WaveCrest) was not compliant with the rules.
It seems Monaco was doing their business properly and that's why they were a bit behind TenX . But now they are NOT AFFECTED by this VISA ban, which means they will be market leaders soon.
Also their users will receive their Monaco Visa cards soon (I assume within a few weeks) which is another reason for mooning.
Read about the VISA ban:
Source 1: https://thenextweb.com/hardfork/2018/01/...
Source 2: http://www.telegraph.co.uk/technology/20...
This project is really undervalued at the moment. If you look at the graph you can see this project hasn't mooned in the past few weeks like all the others, so it's still worth investing in while it's low.
However the major reason I'm posting this is because all the competition ( TenX , Centra) has got suspended by VISA because their card issuer (WaveCrest) was not compliant with the rules.
It seems Monaco was doing their business properly and that's why they were a bit behind TenX . But now they are NOT AFFECTED by this VISA ban, which means they will be market leaders soon.
Also their users will receive their Monaco Visa cards soon (I assume within a few weeks) which is another reason for mooning.
Read about the VISA ban:
Source 1: https://thenextweb.com/hardfork/2018/01/...
Source 2: http://www.telegraph.co.uk/technology/20...
I'm still bullish on Monaco because the fundamentals are still there, so I hodl.
Where TenX are a bunch of kinds who want to become rich quick (and did) and have no idea what they are dealing with. The realistic market cap of TenX is $5m. Monaco a bit more but it has much more potential.