I don’t understand the 50 MCO for the ruby steel card. Am I supposed to invest $350 SGD or otherwise?

Thank you for your interest in the MCO Visa Card.

To reserve your Ruby card, you will need to first purchase 50 MCOs and "stake" these 50 MCOs.

What this means is once you make a request for the card, the 50 MCOs are locked up for a period of 6 months. This means you cannot sell this 50 MCOs for a period of 6 months. At the end of the 6 months, you regain access to your MCOs and you may choose to sell your MCOs or continue to stake the MCO for another 6 months to continue enjoying the benefits.

For more information on staking:

https://help.crypto.com/en/articles/1961286-how...