Monaco ico finished 18 June.
The functionality of Monaco VISA® Card will let you pay by BTC/ETH or any erc20 tokens anywhere where visa cards are accepted.
However couple days after ico finished they had to fix potential bugs.
what they did:
- debugged & resolved the Smart Contract issue potentially causing MCO token multisig wallet incompatibility
- downloaded all Monaco Token Sale transactions
- tested the new token re-issue on Kovan testnet
and what remains to be done:
- subject to successful Ethereum Mainnet test, re-running of all 12,000+ Monaco Token Sale transactions on Ethereum Main Net
- issuing of additional MCO tokens as per white paper
- unlocking of the MCO token
some of the delays were caused by ethereum mainnet congestion
today they finally starded re-issuance of the tokens.
Monaco official statement:
Important update (1/3): re-issuance of MCO token has begun, you can track the progress here: https://etherscan.io/address/0xa8c7f56c90b20afaae9f7a006ca2df1dfba56279
The speed depends on the congestion of Ethereum mainnet. It may stop & be resumed if trx pending for over 30min.
Please note that this is NOT the new token contract address, which we will provide after re-issue is completed.
source:
https://mona.co/
https://twitter.com/monaco_card/status/879448650677485568
- monaco_card
https://twitter.com/monaco_card/status/879448995092807680
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https://twitter.com/monaco_card/status/879449410781929473
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