Kusama Crypto Share (KSM) is an exclusive MCO token holder club created by the MCO team. It serves as a community reward mechanism where users are given "crypto dividends" when staking their assets in the form of MCO tokens. The number of shards that each user owns will be calculated at all times and then converted into tokens according to this formula.
Taken from the official website, this diagram shows how one becomes part of Kusama Crypto Share by holding 1 or more MCO tokens for a period of time.
When you are eligible to become a member, you will receive monthly dividends in the form of MCO tokens which you can use for remittance fees, trading fees or simply convert into fiat money by selling these crypto dividends on an exchange. If that's not enough, there are also additional benefits provided to KSM members such as air miles which allow them to redeem free flights and merchandise from major airlines companies.
MCO is marketed towards socially conscious millennials who want to be rewarded for their purchases with cryptocurrency. They provide this service through their mobile wallet app which provides many useful features such as linking your fiat bank account with your MCO wallet so that you can purchase cryptocurrency instantly without needing to wait for traditional wire transfers.
They also have a rewards wallet which allows you to earn back more MCO tokens when you purchase anything from the app. They currently have over 50,000 members and won't be releasing any new batches of this limited token model.
In the near future, we'll provide more updates on ways that people could join KSM and use their rewards wallet. Please stay tuned to our blog for further information about what makes MCO unique from other cryptocurrencies in the market today!
There is a new cryptocurrency in the market and this time it's called MCO (Crypto.com). The founders of this digital currency project identified a unique opportunity to serve socially conscious millennials which led them on the mission of creating "Cryptocurrency for everyone". This project started in 2016 and has undergone multiple stages of development to ensure that they offer the best possible service. They currently offer their own mobile wallet app which allows users to purchase cryptocurrencies like bitcoin, ethereum and litecoin directly from their fiat bank accounts. With the help of this app, MCO also offers an affiliate program where you can earn money from others who signup under your link. Current members of this platform can also enjoy special discounts from their partners such as hotels, restaurants and many more from all over the world. This is just a brief overview of Crypto.com so please read further to learn about how they plan on disrupting the entire financial industry with cryptocurrency.
From an investor's point of view, this project looks very promising considering the fact that they have already achieved so much in such a short period of time. They currently have over 50,000 members and growing!
Crypto.com is a platform owned by a Hong Kong company called Crypto Finance AG who was founded in 2016 and made an exit into the SZSE (Startup Stock Exchange) in December 2017 with a market capitalization of $41.5 million USD. This rapid growth also managed to gather many high profile investors such as Draper Dragon, Digital Currency Group and many more that we can't name because they're still under NDA (Non-Disclosure Agreement).