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Topic: [ANN][ICO - FINISHED!!!] Telcoin - Cryptocurrency for a Mobile World - page 12. (Read 10286 times)

member
Activity: 126
Merit: 10
Excited for this ICO

We are too Derek!   Grin

Any questions, check out our telegram channel https://t.me/telcoincommunity
newbie
Activity: 1
Merit: 0
Excited for this ICO
member
Activity: 126
Merit: 10
I dont see the tokensupply and ICO pricing. Could you provide this information as well? Nevertheless I am interested in your project, it makes sense to me and I think this can have a huge impact on the overall adoption of cryptocurrencies and merging them into daily life. Hopefully your tokensale will be successful and you can deliver what you layed out.

Hey! Thanks for the support and the kind words!  Smiley Here is how to calculate the price of Telcoin:

We are selling 20% of the whole telcoin supply during this ICO. Put differently, this means that all the funds invested during the pre-ICO and ICO phase will stand for 20% of the whole telcoin supply value, and because we have a limited telcoin supply of 100 billion coins, the value of 1 telcoin will be calculated automatically at the very end of the ICO using the following formula:

(Total amount of funds raised during the pre-ICO and ICO phases) ÷ 20% ÷ 100,000,000,000

Ex: If we reach out hardcap of $25M, the value of 1 telcoin will be $0.00125
member
Activity: 126
Merit: 10
How big is your team right now?

Our team is currently 11 members strong! For some more information on us check out our team page here https://www.telco.in/index.html#s_team

Also, we just recently had live interviews with "CNBC Street Signs" & "Bloomberg Radio". Claude, our CEO, was invited to speak about Telcoin and what we are doing.  Grin

That's a formidable number at this stage. How many would you say are full time?

Those are some pretty big media names, any way we can watch a VoD?

Ask and you shall receive!  Grin Grin Grin

CNBC (short version) - https://www.cnbc.com/video/2017/12/03/cryptocurrencies-could-soon-be-widely-used-for-payments-ceo-says.html?play=1
Bloomberg - https://www.bloomberg.com/news/audio/2017-12-04/volatility-is-not-a-big-issue-with-bitcoin


full member
Activity: 238
Merit: 100
I dont see the tokensupply and ICO pricing. Could you provide this information as well? Nevertheless I am interested in your project, it makes sense to me and I think this can have a huge impact on the overall adoption of cryptocurrencies and merging them into daily life. Hopefully your tokensale will be successful and you can deliver what you layed out.
member
Activity: 126
Merit: 10
When can we expect to see this on exchanges?

It will be available on exchanges 30 days after the ICO is over  Grin

Excellent. Any idea which ones?

We are still confirming which ones we will be listed on and which would allow for the easiest and most efficient way of exchanging. We are targeting the top exchanges (depending on region and regulatory challenges). I'll keep you updated once we get full confirmation.

Which exchanges do you use or have found to be best for your needs?
member
Activity: 126
Merit: 10
What would you say is the biggest motivator for the founders?

I would say the need for financial inclusion and a way to securely and affordably send mobile money across borders. All of us here in JP are all from different parts of the globe and we have experienced the pain points in sending money home/abroad. Also, we are super bullish on blockchain/crypto as a way for people in developing nations to have access to the global economy.

Personally (chris) I joined the team because I found the disaster relief use case to be fascinating. I read about the California wildfires and donations centers receiving 3,000 toothbrushes & toothpastes. Most of which would be thrown away. What they (those affected by disasters) really need is some monetary help that would help with provisions that doesn't need to come from a centralized authority like NPO's, NGO's, or governmental agencies (too slow...i.e. FEMA). Using Telcoin, we would be able to send out tokens directly to people's mobile wallets (in geo-fenced specific regions) that could be used immediately. I thought the social impact was awesome

Wouldn't you also be able to tell what had been purchased using this platform? So if someone bought 3000 tooth brushes with TelCoin, would you be able to tell that was bought and thus people would tell what was more needed?

I bit confused on the questions. My story above was just an example of how donations, albeit the good intentions, sometimes are not exactly what people need (my CA fire story was in a developed country, image a developing nation). With Telcoin however, I was trying to say that we would be able to send our token which could translate to fiat and allow that to help disaster victims. Sorry if this wasn't clear  Smiley

In trying to answer your question, Telcoin at the moment cannot be used to purchase anything. Our first use case is the sending of our token as a remittance service to/from mobile money users globally via the telecoms system.
member
Activity: 126
Merit: 10
So anyone with an active cell phone number will be able to get in on this?

Yes! All you need is a phone that is able to at least receive SMS & a mobile wallet and you're good to receive telcoin from your Telecom provider. Check out the Whitepaper for more detailed information.

Wow, maybe this really is revolutionary. Nobody else is working on this?

We've seen similar ideals and intent, but none that are working exclusively with Telecoms. Moreover, our chairman Paul has a MASSIVE competitive advantage to others as his previous telecom experience gets us in conversation with telecom (and thus central banks/regulators) executives directly. The ability to get these conversations with decision makers is extremely difficult if you don't have an in.
member
Activity: 126
Merit: 10
Are you guys reaching out to big names in telecom? If you could announce a big partnership, I think you guys will hit that hard cap in 24 hours.

Still curious about this.

Apologies for the delay! Yes, we have secured selected POC agreements starting Q1 with Aritel, Etisalat, MTN Group, Veon, and Tunisia Telecom.  Smiley
sr. member
Activity: 770
Merit: 250
How big is your team right now?

Our team is currently 11 members strong! For some more information on us check out our team page here https://www.telco.in/index.html#s_team

Also, we just recently had live interviews with "CNBC Street Signs" & "Bloomberg Radio". Claude, our CEO, was invited to speak about Telcoin and what we are doing.  Grin

That's a formidable number at this stage. How many would you say are full time?

Those are some pretty big media names, any way we can watch a VoD?
member
Activity: 154
Merit: 10
How exactly you will cooperate with mobile operators?
hero member
Activity: 630
Merit: 500
When can we expect to see this on exchanges?

It will be available on exchanges 30 days after the ICO is over  Grin

Excellent. Any idea which ones?
sr. member
Activity: 399
Merit: 250
What would you say is the biggest motivator for the founders?

I would say the need for financial inclusion and a way to securely and affordably send mobile money across borders. All of us here in JP are all from different parts of the globe and we have experienced the pain points in sending money home/abroad. Also, we are super bullish on blockchain/crypto as a way for people in developing nations to have access to the global economy.

Personally (chris) I joined the team because I found the disaster relief use case to be fascinating. I read about the California wildfires and donations centers receiving 3,000 toothbrushes & toothpastes. Most of which would be thrown away. What they (those affected by disasters) really need is some monetary help that would help with provisions that doesn't need to come from a centralized authority like NPO's, NGO's, or governmental agencies (too slow...i.e. FEMA). Using Telcoin, we would be able to send out tokens directly to people's mobile wallets (in geo-fenced specific regions) that could be used immediately. I thought the social impact was awesome

Wouldn't you also be able to tell what had been purchased using this platform? So if someone bought 3000 tooth brushes with TelCoin, would you be able to tell that was bought and thus people would tell what was more needed?
sr. member
Activity: 756
Merit: 250
So anyone with an active cell phone number will be able to get in on this?

Yes! All you need is a phone that is able to at least receive SMS & a mobile wallet and you're good to receive telcoin from your Telecom provider. Check out the Whitepaper for more detailed information.

Wow, maybe this really is revolutionary. Nobody else is working on this?
full member
Activity: 476
Merit: 100
Are you guys reaching out to big names in telecom? If you could announce a big partnership, I think you guys will hit that hard cap in 24 hours.

Still curious about this.
member
Activity: 126
Merit: 10
What would you say is the biggest motivator for the founders?

I would say the need for financial inclusion and a way to securely and affordably send mobile money across borders. All of us here in JP are all from different parts of the globe and we have experienced the pain points in sending money home/abroad. Also, we are super bullish on blockchain/crypto as a way for people in developing nations to have access to the global economy.

Personally (chris) I joined the team because I found the disaster relief use case to be fascinating. I read about the California wildfires and donations centers receiving 3,000 toothbrushes & toothpastes. Most of which would be thrown away. What they (those affected by disasters) really need is some monetary help that would help with provisions that doesn't need to come from a centralized authority like NPO's, NGO's, or governmental agencies (too slow...i.e. FEMA). Using Telcoin, we would be able to send out tokens directly to people's mobile wallets (in geo-fenced specific regions) that could be used immediately. I thought the social impact was awesome
member
Activity: 126
Merit: 10
How big is your team right now?

Our team is currently 11 members strong! For some more information on us check out our team page here https://www.telco.in/index.html#s_team

Also, we just recently had live interviews with "CNBC Street Signs" & "Bloomberg Radio". Claude, our CEO, was invited to speak about Telcoin and what we are doing.  Grin
member
Activity: 126
Merit: 10
How would you explain how it works to a common person on the street though, unfamiliar with blockchain?


Also, you obviously expect huge market opportunity, but any precise estimates?

The total addressable market is technically the amount of cellphones there are which is about 5B (compared to 1.5B bank accounts). That is why we are doing this, as to spread financial inclusion and cryptocurrency adoption.  Grin

Telcoin is a cryptocurrency given to and distributed by your national telecom operator that allows mobile money users to easily and securely send telcoin to each other instantly.

Even easier....

Telcoin uses your telecom providers existing systems to send remittances (our first use case) cheaper and faster than current available solutions.
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