RE: Wonder why Monaco Card 💳 is growing so fast lately? 🆕
Personally, I believe in Tenx; Monaco also has a great idea behind the project, Tenx more or less balanced its position in terms of market cap and value as they showed app and card and its value in the market is good and understandable. The problem with the current price of Monaco is that Chinese market possibly rushed to buy Monaco and if you monitor the price it even goes above 11$ and Several times correct itself below 8$. I am highly concerned that this value is just a big hype played with low market cap manipulation and after 23 rd August lots of people who think to save their coin for long run might suffer a big loss. I hope I am not creating FUD but people must carefully control their investment. On the other side if no correction happens before the launch of the app and delivery of the card promised to be at the beginning of the September; I expect the price has the tendency to reach even above 20 $!
I didn't know about Tenx. So, what in your view makes Tenx more interesting?
NOTE: I agree with your view. But it still hard to be sure... there is something not making sense yet.
@forykw Tenx has already started to tell the story of their product by delivering constant updates and their Android app is already launched and iOS closed beta is going to be release on this Monday and those who received the card has the capability to use it. They are going to launch the web app on this Monday so you can go to their website Tenx.tech and check the app after release. Their blog constantly updates their progress and they are exactly on time with their promises. Also Giant tech companies already backed their project and market cap supports their promises. check their Latest Blog update.
Monaco's uncertainties about the products delivery and promises are huge at this period and in my opinion investments is almost like a huge gamble at this stage.
Can you still take the 0.5% incentives by holding after the ICO?
0.5% incentives for PAY and 1% Incentives for MCO is based on Smart contract. If I am not mistaken based on their white paper as long as you are holding the tokens in your own wallet Not an exchange wallet you will gain the incentives but until the value of transactions exceed billions you will not gain much out of this reward programmes which in my opinion needs long holdings and long-time vision of investment :)
Yes indeed. Thanks for all the information. Now holder of both =)