Crypto.com announces The MCO Visa Card
July 13, 2018 12:44 pm
Crypto.com is launching of a new Cryptocurrency enabled MCO Visa Card. This card will allow users to spend their cryptocurrency at more than 40 million locations worldwide, offering the same benefits as some of the best credit cards.
To use this card, users will need to download their app which features a built-in wallet for fiat and cryptocurrencies. The standout feature of this card is that it works at all payment outlet that accepts Visa cards.
Monaco acquired the domain Crypto.com from Matt Blaze, who has been the site-owner since 1993. Though the deal amount was undisclosed, speculations say that it ranges from 5-10 million dollars; This is significantly higher than eth.com, which was acquired for $2 million.
Kris Marszalek, the CEO, and co-founder of Crypto.com shared their mission statement :
“to accelerate the global development, adoption, and transition to cryptocurrency.”
The card is called MCO Visa card. It also offers MCO Private – a cryptocurrency concierge service that provides specialized services and exclusive access to premium clients.
Here are a few perks that MCO Private offers :
- Dedicated customer service over the phone
- Exclusive access to crypto events
- Investment advise and guidance
The card comes in two colors and is available on the purchase of their MCO tokens.
- Ice White (5,000 MCO tokens)
- Obsidian Black (50,000 MCO tokens)
Standard users get the following benefits
- Cashback rewards
- Referral bonus
- Airport lounge access
The MCO Visa card scheduled to launch in Asia, Europe next summer, once the testing phase completes. Crypto.com intends to be a key player in the decentralized ecosystem of the future and this announcement is taking the company in the right direction.