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MCO Crypto Coin Rank 73
Website
15,793,831 MCO

MCO
MCO
MCO Coin Values MCO

MCO valuesUSD Price
$ 3.40

MCO BTC Price
0.00042289

MCO 24h Vol
$ 4,432,254

MCO Market Cap
$ 53,735,291

24h Vol
551 BTC
1 H
0.16 %
24 H
-0.27 %
7 d
-3.28 %
Today MCO price in US dollars is currently 3.40 USD, and if converted to Bitcoin is 0.00042289 BTC. A total of 6,679 coin's are currently circulating in the Market. MCO prices are currently experiencing a change of -0.27 %, check all cryptocurrency. Over the past 24 hours 0.044 M US dollars MCO has been traded on Crypto Exchanges. Get MCO's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
MCO
Symbol
MCO
Algorithm
ETH Token
BTC Price
0.00042289 BTC
BTC Market
6,679 BTC
BTC 24h Vol
551 BTC
Total Coins Mined
15,793,831 MCO
1h
0.16 %
24h
-0.27 %
7d
-3.28 %
Twitter
Website
MCO Charts

MCO Price Charts

MCO High/Low Price Chart

MCO Price High/Low Price Chart

Historical Data

MCO Crypto Technology

Markets

MCO Crypto Market

Description

MCO Crypto ICO Description

Headquartered in Hong Kong, Crypto.com is a cryptocurrency payment platform. It provides users with a mobile app for both Android and iOS devices where it is possible to transact, store, monitor and/or manage their cryptocurrencies. Investment tools and MCO visa cards are also available for the users on Crypto.com.

The MCO token is an Ethereum-based (ERC-20) cryptocurrency. The token was developed by Crypto.com and is able to serve as a medium of exchange value between users within the platform.

The MCO Token Sale was conducted in May-June 2017 and raised US$26.7 million.

Technology

MCO Crypto Technology

Sorry, detailed technology about MCO is not currently available

Features

MCO Crypto Features

Sorry, detailed features about MCO is not currently available

ICO Status

MCO ICO Details

ICO Status
Finished
Token Supply
31587682.3632061
Start Date
2017-05-18
End Date
2017-06-18
Fund Raised (BTC)
71,392 ETH
Fund Raised (USD)
27600000
Start Price (USD)
2.88
Security Audit Company
N/A
ICO Legal Form
Corporation
ICO Jurisdiction
Switzerland
Legal Advisers
N/A
White Paper

Headquartered in Hong Kong, Crypto.com is a cryptocurrency payment platform. It provides users with a mobile app for both Android and iOS devices where it is possible to transact, store, monitor and/or manage their cryptocurrencies. Investment tools and MCO visa cards are also available for the users on Crypto.com.

The MCO token is an Ethereum-based (ERC-20) cryptocurrency. The token was developed by Crypto.com and is able to serve as a medium of exchange value between users within the platform.

The MCO Token Sale was conducted in May-June 2017 and raised US$26.7 million.

 

Sale terms

Bonus Structure:

  • ETH 0 - 10,000 = 150 MCO / 1 ETH
  • ETH 10,001 - 30,000 = 140 MCO / 1 ETH
  • ETH 30,001 - 50,000 = 130 MCO / 1 ETH
  • ETH 50,001 - 75,000 = 120 MCO / 1 ETH
  • ETH 75,001 - 100,000 = 110 MCO / 1 ETH
  • ETH 100,001 - 150,000 = 100 MCO / 1 ETH

The top 500 contributors receive a special edition 'Black Card'

Use of Funds

  • 35% - R&D and Product Development Includes opening of an R&D centre in Shenzhen with approximately 20-30 engineers.
  • 20% - Marketing and Customer Acquisition The marketing budget is not significant compared to the target number of customers we intend to acquire. The key source of new customers is going to be word-of-mouth, as the product gives users a very strong commercial incentive to download the App and get the MCO Card. There are natural network effects built into the product around the P2P money sending function, which will lower the average customer acquisition cost (CAC) substantially.
  • 15% - Initial Capex, including costs of e-Money licenses, compliance and architecture setup Some of our key partners are listed in section 4 of the document. There is a substantial cost associated with integrating all those partners, acquiring all the necessary licenses across multiple jurisdictions, building out compliance teams, legal fees and general technical architecture setup.
  • 30% - Working Capital Our product – the first and only Universal Money App - is bridging the gap between the worlds of crypto and fiat currencies. In order to offer our users real-time access to funds and perfect exchange rates without mark-up, we will have to bridge funding gaps between multiple parties using our own balance sheet.

 Escrow holders

  • Kris Marszalek – Founder @ Foris
  • Mikko Ohtamaa – CTO @ TokenMarket
  • Timothy Hitchens – Head of Solution Architects, Worldwide Public Sector - APJ at Amazon Web Service

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