Telcoin

Overview of Telcoin

Telcoin (TEL) plans to associate with versatile systems all inclusive, empowering simple transformation between telecom portable cash, prepaid credit, and postpaid charging platforms.Telcoin is another cryptographic money dependent on the Ethereum blockchain that will be circulated and acknowledged by telecom administrators, accordingly accessible to billions of clients worldwide without additional enrollment, just utilizing their cell phones.

Telcoin says V3 will introduce two “formative, compliant, user-owned” financial products designed to “operate at a fraction of the cost of traditional services, which execute automatically via smart contracts rather than intermediaries — and where active Telcoin users capture fees typically awarded exclusively to financial institutions.”

Telcoin also notes that, if all goes to plan, it may seek to raise further funds by tapping the private equity market for a Series A round and, if necessary, become an MVNO (mobile virtual network operator) in a few markets, engage in strategic M&A activity to enter key markets and/or broker joint ventures with mobile operators.

Telcoin — a self-touted blockchain-powered financial technology platform that connects with telecom and mobile money platforms globally – believes itself to be one of the scarce examples of crypto companies that doesn’t need a horse and pony show to make an impact.

Telcoin co-founder and CEO Claude Eguienta added, "We have the wild ambition to bring financial inclusion to billions of people, and with the unique experience of a successful founder and investor, Batara will clearly add value to Telcoin."

Telcoin has amassed an abundance of government licenses and registrations, opening the door to provide remittance services at a time when such green lights are exceedingly difficult to obtain for any firm, let alone one from the land of crypto.

Telcoin and its blockchain based platform wants to address this challenge and recently it closed its initial coin offering by hitting its $25 million hard cap on December 30th after crossing $10 million on Christmas Day.

Telcoin will allow individuals and organizations to buy and donate its cryptocurrency online for immediate distribution to the mobile money accounts of anybody with a mobile phone in a geo-fenced disaster area.

Telcoin, headquartered in Los Angeles, California, has eyes on a potential relocation to Nebraska, as the regulatory environment is rapidly shifting in the Cornhusker state to favor fintech innovators.

Telcoin asserts that well over one and a half million Mexican households now depend on inbound remittance from the United States alone as “their most important source of income.”

Blockchain

Network

“Telcoin V3 is the culmination of three years of research and development, organization building, and business development,” the company shared in its weekend update.“The next generation of the Telcoin Platform stack is architected to fully harness the power of DeFi and the reach of telecoms to bring fast and affordable, user-owned financial products to every mobile network subscriber in the world.”

Regulation

With limited reach on exchanges, no aggressive marketing, and a quiet but steady approach to securing licenses and being as regulation friendly as any crypto company could ever dream of being, Telcoin is making headway confidently — almost arrogantly — with little regard for embracing the PR stunts, hype announcements, and moon talk that competitors seem to hang their hats on.

Support

Notably, Telcoin has partnered with some of the world’s main network providers to develop an infrastructure that can work with and support over 5 billion users.The move has allowed the coin to have good market potential because it has the strengths of a system that is already trusted by users.

#6 – Should you invest in Telcoin?

Telcoin is taking a step towards integrating the telecom industry with blockchain technology to reach a wider audience.This should assist in mass adoption for cryptocurrencies, and is especially important as adoption is very slow currently.They are not competing with the mobile money, but rather working along with them to bring the best mobile platform for the customers.

But what’s next, tho?

As more people begin to discover Telcoin we can expect the buzz to only get louder within crypto communities and on an international level.

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How do I buy Telcoin?

It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Telcoin.

How Is Telcoin Secured?

Telcoin runs on an Ethereum-based blockchain.While it benefits from the security in the decentralization of the network, staking is not available on the Telcoin network.

How Many Telcoin (TEL) Tokens Are There in Circulation?

Telcoin is built on the Ethereum blockchain.At its launch in 2017, 25 percent of the tokens were distributed in crowdsale to investors.Another 15 percent were retained by the Telcoin Team with a 5 percent liquidity fund.

How Many Telcoin Coins Are There?

There are currently 51,270,110,195 Telcoin coins circulating out of a max supply of 100,000,000,000.

How Much Did Telcoin Raise?

The Telcoin ICO (initial coin offering) raised $25,000,000 USD.The Telcoin ICO began on December 11, 2017 and ended on February 11, 2018.Key team members during the Telcoin ICO included Claude Eguienta, Paul Neuner, and Simo Kinnunen.

Is Telcoin Creating the Holy Grail of Crypto Wallets?

Adoption has been the kryptonite of cryptocurrency since Bitcoin’s inception.

Telcoin – TEL ICO Mobile Cryptocurrency For Financial Inclusion?

The main problem with crypto technologies today is the fact that they are still misunderstood.While they offer us with the potential of hassle free payments, transfers, there are still a large number of people who do not understand the specifics of this medium.As a result of this, the blockchain ends up losing out on potential investors.However, in order to correct this, there are now many crypto platforms that are coming up that make use of ‘friendly interfaces’ that help make trading easy.

What coins are similar to Telcoin?

The following coins use Telcoin’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, Maker, FTX Token, Huobi Token, Crypto.com Coin, Dai, Polygon, Chiliz and Holo.

What do you think about the Telcoin today?

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What hashing algorithm does Telcoin use?

Telcoin is a coin that uses the ETH Token algorithm.

What is Telcoin (TEL)?

Telcoin is a digital asset based on the Ethereum blockchain.The coin is distributed by your national telecom operator, and it can be made available to everyone, anywhere, anytime.Mobile network operators are the center of the Telcoin strategy.

What Is Telcoin (TEL)?

Telcoin (TEL) is an Ethereum-based decentralized crypto established in July 2017 in Singapore to be the bridge between cryptos, blockchain and the telecommunication industry.

What Is Telcoin's Price Today?

Telcoin (TEL) is trading at $0.01832 USD, increasing by 11.78% since yesterday.Telcoin has traded $52,414,579 USD in the last 24 hours.

What is Telcoin?

According to the project’s creators, Telcoin is all about sending money, not to agents but to individual’s phone numbers, and making payments in a smarter way by leveraging the benefits of the blockchain.Utilizing the Ethereum blockchain, sending funds or making payments in eCommerce stores using Telcoin is near instant and distinctively cheap from traditional facilitators as Western Union and others.

What is Telcoin?

Telcoin is an Ethereum-based ERC20 token that will be distributed and accepted by telecom operators.

What is the Reddit page for Telcoin?

The official Reddit community (subreddit) for Telcoin is r/telcoin.

What is the value of Telcoin?

One Telcoin (TEL) is currently worth $0.02 on major cryptocurrency exchanges.You can also exchange one Telcoin for 0.00000034 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Telcoin in U.S.dollars is $942.61 million.

What Is Telcoin?

Telcoin is an all new ‘mobile cryptocurrency solution’ that lays particular focus on integrating “cryptocurrencies with mobile networks globally”.Through this mode of action, Telecoin envisions to make conversions between telecom mobile money and, prepaid credit and postpaid billing platforms more easy.

What Makes Telcoin Unique?

The main focus of Telcoin is the remittance markets.While there are almost five mobile phones to a bank account in existence, people still queue up to send money from high-cost remittance agents, with Western Union being the largest.

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Where can I get Telcoin wallet?

Telcoin produces its own wallet software that is available for download on its website, which allows you to store Telcoin on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

Where Can You Buy the Telcoin (TEL)?

Although TEL is a very popular crypto asset, few exchanges provide the facility to purchase TEL tokens against fiat.You can buy TEL tokens against cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

Who Are the Founders of Telcoin?

In 2017, Paul Neuner and Claude Eguienta co-founded Telcoin to help users transfer money globally in seconds.Paul Neuner, who serves as the chairman of Telcoin, has amassed over 12 years in the field of telecommunication before venturing into the world of blockchain.

Why Should I Buy Telcoin (TEL)?

Telcoin is a cryptocurrency that is identified by the symbol TEL.

History of Telcoin

In 2019 Telcoin focused on compliance to get regulators on board.