Monaco Visa, card & app release...
The CEO of Manaco card tweeted out Today , in reply to a user,for token holders of Monaco to look out for an email announcement and keep an eye on the app stores on 31st August.
Earlier in the year Monaco stayed it would bot announce a release date of the crypto debit card until it had conformation Visa was on board. This latest tweet suggests Visa are in fact on board.
Monaco token continues to rise in price currently at 16 dollars US per token up another 50% from a week ago. Up over 2500% from it ICO only 6 months ago.
I am looking forward to the debit card and phone app release, i bought into the ICO because of the great product Monaco is offering.
I Can't wait to see it in action!
Cheers for your time and upvotes!
I'm wondering what the restrictions on location will be? I live in the US and I have been looking for a card like this that isn't solely bitcoin. Unfortunately I'm in georgia and the coinbase shift card isn't available.
I am in australia and we have no such card available yet, although i think the ICO for monaco said not available in singapore or USA, but apparently it will be on Australia..double check om MONACO website though...it sucks for you guys with all the rules and regulations...Aus is becoming a bit more relaxed now..
MONACO BRANDS was informed of the launch of a payment card called “MONACO VISA®” by the company FORIS Limited.
The company FORIS Limited (previously called “MASTERFUND TECHNOLOGY LIMITED”) is a very new Hong Kong company, registered on 30 June 2016. It appears to operate the “MONACO VISA®” via the Swiss company “MONACO TECHNOLOGY GMBH”.
MONACO BRANDS recalls that the name “MONACO” is protected worldwide and indicates that it has not issued any authorisation to use the name “MONACO” to the companies FORIS LIMITED and MONACO TECHNOLOGY GMBH.
Furthermore, MONACO BRANDS stipulates that these two companies do not exercise any activity within the territory of the Principality of MONACO. The payment card “MONACO VISA®” therefore has no link to the territory of the Principality of MONACO.
MONACO BRANDS, whose role is to protect, increase the value of and defend all of the worldwide portfolio of the brands “MONACO” and “MONTE CARLO” associated with the Principality considers that the launch of this payment card infringes its rights.
It takes the actions of the companies FORIS LIMITED and MONACO TECHNOLOGY GMBH and intends to take all of the measures necessary to preserve the intellectual property rights which it owns. For this purpose, it has already initiated opposition proceedings against the applications to register the trademarks by FORIS LIMITED as part of this activity.
That's not good news....