Monoeci is under no circumstance an initiative of the government of Monaco. Moreover, we are in regular contact with them, in order to discuss advancements in the project, including legal, economic, and societal challenges linked to the implementation of the crypto currency in the principality. In addition to the Monoeci project, we undertake a consultancy role regarding the integration of technologies and blockchain technology in the principality.
Why buy Monoeci if I don’t live or travel in Monaco?
The job of Monoeci is to show that the use of cryptocurrency in a real world environment is possible and useful. Monoeci can be used directly for all financial transactions, from simple grocery shopping to real-estate purchases. We hope to be a laboratory and a launch platform to prepare and promote general adoption of cryptocurrencies. By purchasing and investing in Monoeci, you are making our job a reality. Additionally, for you technophiles, it is possible to create a masternode, allowing you to obtain a stable revenue in exchange for services rendered on the platform.
Why not use existing and popular crypto-currencies like BTC or LTC
Bitcoin and Litecoin are currencies exchanged on a massive scale, however there are very limited real world uses. Due to cost and transaction times these cryptocurrencies are not adapted to daily needs, and no such support is established to encourage their adoption and use in everyday life. Monoeci was created specifically for the principality of Monaco, the team has worked tirelessly to create the cryptocurrency perfect for transactions in Monaco. The team is also present in the Principality to help anyone interested in using or adopting Monoeci.
Can I use Monoeci in Monaco at the moment?
Monoeci is not yet usable in Monaco for the time being. Numerous partners are interested and its implementation will be arriving shortly. For more information, you can refer to our roadmap.