Monaco Launches Mobile App to Bring Cryptocurrencies to Every Wallet

The Monaco app allows users to spend bitcoin and ether conveniently in everyday life

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Monaco, a pioneering payments and cryptocurrency player, today announced the launch of the Monaco app, giving consumers a radically simplified way to buy, spend, and earn cryptocurrency cashback on all transactions.

Together with the Monaco card that will be rolling out later in September, the platform is based on perfect interbank exchange rates, and enables users to save up to 8 percent on all foreign currency transactions. This key milestone achievement enables mass market users to buy and trade cryptocurrency at the ease of their fingertips.

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A full portfolio of five cryptocurrency cards were unveiled today, including Midnight Blue (Classic plastic card), Ruby Steel, Rose Gold, Space Gray (Platinum metal cards) and Obsidian Black (Limited Edition Platinum metal card).

All Monaco cards, including Platinum cards will be free, meaning no monthly fees, annual fees, nor shipping fees, and all Platinum cards come with industry leading 0.75% cryptocurrency cashback on all purchases and US$500,000 travel insurance.

About Richard Kastelein

In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ' The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write.

Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications.

Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the EuropeanCommission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.

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