Yeah 1% is reasonable, got no issue with 1%.
But...
"MCO Asset Contract accrues a 1% licensing fee on transactions using the Monaco Card funded with ETH/BTC, as well as exchange transactions between ETH/BTC and fiat currencies"
isn't the same as
"The Monaco App also offers free transfers between 23 currencies with "perfect interbank exchange rates."
Monaco App users also have the option to send free transfers to other monaco users, which will be credited instantly."
Am I missing something? Are they talking about different types of transactions or what? Is it free with the app and 1% with the actual card?