ERC20 Token
Telcoin (TEL) 
Telcoin is focused on connecting with mobile networks globally, enabling easy conversion between telecom mobile money, prepaid credit and postpaid billing platforms.
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 1 to capitalize on that disparity.
Connecting to Telcoin will make an operator immediately qualify to receive continuous Telcoin issuance. Networks with more Telcoin exchange traffic will receive more. 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. Telcoin is designed to be fully integrated with your mobile spending habits, including international remittances, online payments, mobile credit topups and ad hoc transfers.
“Our objective is not to compete wit 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. Our goal is to become one of the cornerstone financial inclusion efforts of the 21st century and we want to cooperate with actors who we believe can play a critical role in this process, namely mobile network operators”
Buy & SellPositives
- The Telecommunications Industry Is Huge. With Over 5 Billion Devices and Over 800 GSM Licensed Telecommunications Networks Available to Use This Technology.
- Telcoins Website Is Very Good at Getting Straight to the Point With Their Vision and a Clear Set of Goals. With Many Projects Looking to Get Into the Telecommunications Side of Things, It’s Refreshing to See a Project Have a Clear Set of Goals Rather Than a Bunch of Broad Ones That Might Stick.
- A Great Total Supply of TEL Coin. With 100 Billion Available, Inflation Shouldn’t Be an Issue for Quite Some Time. A Very Sensible Amount Considering the Usage.
- Plenty of press/articles Featuring Telcoin. Being Featured On Media Such As CNBC, Finews.asia, Techninasia And More.
- Video Interviews Are Available Featuring The Former Corporate Security Executive Of Vodafone And The Former Co-CEO Citibank Japan.
Exchanges
Concerns
- Telcoins business model is entirely dependent on Telecommunications networks adopting and integrating the technology into their own. The stronghold that current networks have on their users is very strong, they may not have a lot of reason to adopt this type of technology at this point.
- No public partnerships at the time of writing (April 2018). Telcoin is still in it’s early stages but this is something that investors should keep a close eye on. Partnerships are absolutely essential for this model.
- Telcoin states on their Whitepaper – “If telecoms for some reason would decide to stop cooperating with us, this could seriously impact our business growth rate and endanger our company’s future”. It is great to see a company aware of the dangers that their business model could face. Our concern is less with Telcoin and more with industry itself.
Official Links
Token Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: TEL
• Total Supply: 100,000,000,000
• Circulating Supply: 28,661,591,326
• Token Use: Currency & Fees
Founders
The Team
• Claude Eguienta (CEO)
• Paul Neuner (Chairman)
• Simo Kinnunen (Lead Dev)
• More
Industry
& Competitors
• Currencies
• Peer To Peer Transactions
• Competitors – Various. Any Mobile Currencies.
