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Tuesday, May 21, 2024

Telcoin ICO Review : Financial Inclusion for a Mobile World

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About Telcoin ICO

Telcoin ICO is a new cryptocurrency based on the Ethereum blockchain that will be distributed by your national telecom operator and made available to everyone, anytime, anywhere. This is the core of our business, and mobile network operators will be at the center of our strategy. Telcoin is the first cryptocurrency to tap into synergies between the reach of mobile telecoms and the fast, borderless nature of blockchain technology.

According to the World Bank, there are nearly five times as many mobile phones in the world (5 billion), as there are active bank accounts (1.2 billion). It’s a lot easier to access mobile phone services than banking services, and we aim to capitalize on that disparity. We will initially offer Telcoin to our mobile network partners, providing their customers with seamless access to the digital economy: online remittances, transfers, payments, and ecommerce.

The will also provide the necessary marketing and product development resources to nurture the Telcoin ecosystem, in a joint effort with our telecom partners. The objective is not to compete with telecom mobile money, but to cooperatively participate in the overall mobile money ecosystem. We see ourselves as a complementary solution; a tool that will increasingly bring users to mobile money, cryptocurrency-backed solutions, and mobile wallets.

Company NameTelcoin ICO
Token SymbolTEL
Price1 TEL = 0.0013 USD
Hard Cap25,000,000 USD
Soft Cap10,000,000 USD
AcceptingBTC, ETH
Email SupportYes

Remittances Reimagined on Mobile

There are nearly five times more mobile phones than active bank accounts, yet people around the world are still lining up to send money from high-cost remittance agents like Western Union. Why waste time and money when you could be using what’s already in your pocket?

Instant Transfers

By leveraging blockchain technology and mobile money infrastructure, Telcoin ICO enable users to transfer money globally in seconds.

Mobile Convenience

Telcoin works with mobile operators and e-wallets globally, allowing us to reach a broad base of users with a contactless service.

Most Affordable

Including fees and FX margin, the global average cost of sending a remittance is over 7%. Telcoin is targeting an average total cost of less than 2%.

Powerful and Secure Network

Built on the Ethereum blockchain, Telcoin combines Telcoin ICO the strength of a decentralized network with multi-signature crypto security.

Send Money Globally

Our user-first design makes the Telcoin Wallet the ultimate way to send money. Simply cash-in, enter the beneficiary country, phone number, amount, and send.

A Solid Model for Telecom Adoption

Telecom operators are issued TEL based on their transaction volume and integration maturity, ensuring the most efficient delivery of an affordable remittance service to their subscribers.

Incentivized Adoption

Telcoin can easily fit into existing fee models for connecting to carrier billing and mobile money platforms, but any fees applied are then deducted from TEL issuance. The model incentivizes Telcoin ICO a low fee service that is attractive to end users but still profitable for networks.

Flexible Telecom API

Telcoin’s pricing and exchange API interacts directly with carrier billing and mobile money platforms through REST APIs, SMS, and USSD.

Expanding Mobile financial Services

Telcoin connects existing mobile money platforms to the decentralized financial system of the future, beginning with a globally marketed remittance service aligned with the telecom industry.

Wallet Agnostic

In addition to our proprietary wallet, Telcoin can integrate with existing telecom mobile money wallets. Offering Telcoin to subscribers is as easy as adding an additional remittance merchant.

A Solid Model for Telecom Adoption

Telcoin issuance to telcos will occur at a rate of 5% annually for a period of 10 years following the ICO, distributed to GSMA mobile networks continuously based their stage of Telcoin integration.

  • Incentivized adoption
    Connecting to Telcoin will make an operator immediately qualify to receive continuous Telcoin issuance. Networks with more Telcoin exchange traffic will receive more.
  • Flexible Telco API
    The Telcoin pricing and exchange API allows interaction with mobile network IN prepaid platforms, postpaid billing systems, and mobile money accounts, via SMS, USSD, REST APIs, and Diameter.
  • Wallet agnostic
    We will immediately offer the TenX wallet, but will also help telecoms release branded Telcoin wallets and will cooperate with any operator proprietary or third-party wallets.
  • Truly mobile-friendly
    Telcoin is designed to be fully integrated with your mobile spending habits, including international remittances, online payments, mobile credit topups and ad hoc transfers.
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Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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