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Topic: [ANN][ICO - FINISHED!!!] Telcoin - Cryptocurrency for a Mobile World - page 4. (Read 10286 times)

hero member
Activity: 630
Merit: 500
I'm curious what you will do with any unsold tokens.

Will they be burned?

Are you guys taking time off for the holidays?

Totally understandable if they are. I'm supposed to be taking time off right now, but I can't help but keep up with everything especially after a day like yesterday.
full member
Activity: 476
Merit: 100
I'm curious what you will do with any unsold tokens.

Will they be burned?

Are you guys taking time off for the holidays?
sr. member
Activity: 770
Merit: 250
Do you guys have a bonus program?
hero member
Activity: 630
Merit: 500
Are there any regulatory risks?

Of course. Regulatory risks are there for everyone in the space, but specifically for us, we need to focus on telco's and central banks. As we plan to move into a suite of financial services, so attaining a banking license might have to happen as well.

I see. Can you disclose the law firm that's consulting on these delicate matters?

We are using Morrison & Foerster (https://www.mofo.com/) both in Singapore and in Washington DC.

This is the best name. They would get all my business.

Haha, my thoughts exactly. I'm just a child with too much money and time on my hands.
newbie
Activity: 37
Merit: 0
Are there any regulatory risks?

Of course. Regulatory risks are there for everyone in the space, but specifically for us, we need to focus on telco's and central banks. As we plan to move into a suite of financial services, so attaining a banking license might have to happen as well.

I see. Can you disclose the law firm that's consulting on these delicate matters?

We are using Morrison & Foerster (https://www.mofo.com/) both in Singapore and in Washington DC.

This is the best name. They would get all my business.
newbie
Activity: 182
Merit: 0
very good information, I love to hear it.
what is the difference between telcoin and other coin2?

thanks for the answer
regards
sr. member
Activity: 399
Merit: 250
Are the telecommunication companies considered partners? Any way we can verify they are in talks with Telcoin?
hero member
Activity: 868
Merit: 500
a very interesting project in my opinion,
only that's not quite understood to invest in the project at this stage, need at least 100 000?
full member
Activity: 476
Merit: 100
I'm curious what you will do with any unsold tokens.

Will they be burned?
member
Activity: 392
Merit: 10
When is the next token sale?
sr. member
Activity: 770
Merit: 250
So are there any features Telcoin will offer besides sending and receiving money?

Don't want this to get buried.

I'm also curious about this.
hero member
Activity: 630
Merit: 500
Are there any regulatory risks?

Of course. Regulatory risks are there for everyone in the space, but specifically for us, we need to focus on telco's and central banks. As we plan to move into a suite of financial services, so attaining a banking license might have to happen as well.

I see. Can you disclose the law firm that's consulting on these delicate matters?

We are using Morrison & Foerster (https://www.mofo.com/) both in Singapore and in Washington DC.

That's a bold name, MoFo. I like these guys already lol.
full member
Activity: 476
Merit: 100
I'm curious what you will do with any unsold tokens.
sr. member
Activity: 756
Merit: 250
Will you try to decrease token validity?
member
Activity: 392
Merit: 10
So are there any features Telcoin will offer besides sending and receiving money?

Don't want this to get buried.
sr. member
Activity: 770
Merit: 250
How much of your budget will be spent on marketing in the first year?

Assuming you hit your hard cap.

Assuming we hit the hard cap, we will likely allocate approx 15% of the funds for marketing, but please be aware that this could change. Probably will be more.

15-20% seems like the sweet spot. Any less, and you're missing out on money. Any more, and you might be past the point of diminishing returns.

Very true! It is a delicate balance. It all depends on how much we raise and how much organic growth we have

I'm sure you guys will figure it out. Best of luck on it.
hero member
Activity: 630
Merit: 500
Can you give me a simple breakdown of how the blockchain works with SMS technology?
full member
Activity: 476
Merit: 100
What is the minimum amount you need to implement your project?

Our softcap is $10M.

I think he means, what is the smallest amount a person can invest with? Is there a minimum? I've seen some set at $1,000.

Ahhhh! Yes, the minimum for now is 0.3ETH - 0.05BTC - $5k Fiat

That's not so bad. I can still get in on that.

Please do! Just have to go to our ICO page www.telco.in/ico and get whitelisted  Grin

Everyone has to be whitelisted to participate?

Yes, to ensure proper KYC

 Why is KYC necessary with this ICO?

because we are accepting eth, btc, and fiat. Moreover, ensuring proper kyc strengthens our position when speaking with telco's and central banks.

Okay that makes sense, thanks.

Better safe than sorry with all the regulation that they're coming up with out of seemingly thin air.
member
Activity: 126
Merit: 10
How much of your budget will be spent on marketing in the first year?

Assuming you hit your hard cap.

Assuming we hit the hard cap, we will likely allocate approx 15% of the funds for marketing, but please be aware that this could change. Probably will be more.

15-20% seems like the sweet spot. Any less, and you're missing out on money. Any more, and you might be past the point of diminishing returns.

Very true! It is a delicate balance. It all depends on how much we raise and how much organic growth we have
member
Activity: 126
Merit: 10
Are there any regulatory risks?

Of course. Regulatory risks are there for everyone in the space, but specifically for us, we need to focus on telco's and central banks. As we plan to move into a suite of financial services, so attaining a banking license might have to happen as well.

I see. Can you disclose the law firm that's consulting on these delicate matters?

We are using Morrison & Foerster (https://www.mofo.com/) both in Singapore and in Washington DC.
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