Topic: [ANN][ICO - FINISHED!!!] Telcoin - Cryptocurrency for a Mobile World - page 5. (Read 10286 times)
December 19, 2017, 04:55:37 PM
Interesting. On which blockchain technology will your currency be based? What consesus algo PoW or PoS?
December 19, 2017, 04:51:43 PM
So say this really does hit the jackpot and gets 200m users in the first 3 months. How do you think your team can scale? Does the tech make it automated enough that you could scale that fast without having to hire an absurd amount of people to keep up?
This would be easily scalable right?
December 19, 2017, 04:23:36 PM
So are there any features Telcoin will offer besides sending and receiving money?
December 19, 2017, 03:59:52 PM
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.
December 19, 2017, 03:14:49 PM
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?
December 19, 2017, 02:30:07 PM
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
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.
December 19, 2017, 01:27:33 AM
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.
December 19, 2017, 12:59:30 AM
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
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.
December 19, 2017, 12:57:17 AM
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.
December 18, 2017, 03:58:22 PM
Telcoin ICO is listed at ICOadvert.com
https://icoadvert.com/telcoin/
Follow us on Twitter & Facebook & Bitcointalk
https://icoadvert.com/telcoin/
Follow us on Twitter & Facebook & Bitcointalk
That's actually a pretty useful looking site. Do you get paid to post these, or you're just using it to promote your site?
December 18, 2017, 03:27:50 PM
How much of your budget will be spent on marketing in the first year?
Assuming you hit your hard cap.
December 18, 2017, 03:16:00 PM
Are there any regulatory risks?
December 18, 2017, 02:59:13 PM
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
Everyone has to be whitelisted to participate?
Yes, to ensure proper KYC
Why is KYC necessary with this ICO?
December 18, 2017, 02:56:36 PM
Telcoin ICO is listed at ICOadvert.com
https://icoadvert.com/telcoin/
Follow us on Twitter & Facebook & Bitcointalk
https://icoadvert.com/telcoin/
Follow us on Twitter & Facebook & Bitcointalk
December 18, 2017, 01:41:14 AM
Project is interesting, but it is bot clear how tokens will used in project in future. Also I have question to Devs - what will you doing with unsold tokens?
December 18, 2017, 01:39:14 AM
As a new bie in cryptos this will be my first outing on ico. still trying to grasp the details of the white paper. Joined the telegram group and already received mail confirming that Ive been whitelisted. Trying to get my acts together before putting my funds in a couple of days. Hoping i won't be disappointed my first. 
Boom!! That is amazing, happy to have you with us. We will try and make your first ICO experience as smooth as possible. Please feel free to ask us any questions you have about our ICO or crypto's in general!
December 18, 2017, 01:37:22 AM
How did u get to that number of 400 million people that will use this coin?Thank you.
It is a total subscriber base of the telco's. So it is essentially our total potential user base at the moment.
December 18, 2017, 01:35:30 AM
Impressive idea, and the team looks legit. I'll do some more research but this looks like the next moon mission.
That's the idea! Thank you for the support!
December 18, 2017, 01:34:22 AM
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
Everyone has to be whitelisted to participate?
Yes, to ensure proper KYC
December 18, 2017, 01:33:41 AM
Would you say you have made any mistakes when it comes to Telcoin that you have learned from?
Holy Hell, lol, so many! That's the beauty of starting a company in such a new space. As with any startup if you make a mistake, you learn, iterate, and innovate.
A lot of the things we've learned are based around Organizational Behavior, interacting with such a diverse community (interest levels, knowledge, talent, cultures, etc), how to explain the tech/concept/business model in the vernacular of said communities, cross-functional work, and more.
Its startup life. We've identified a problem/pain-point and we created a solution we feel addresses that. Everyone is doing everything and we are all driven to make this a success for not only ourselves but for those contributing, the telcos, and the people in developing countries that will have access to crypto.
Good answer, thanks a lot. The way you put it is so relatable too. I guess there's plenty of room for errors when you're the only one competing though lol
Always room for errors its just about how you rebound and learn from them. We are still making errors but that is all a part of the process. Being a philly guy myself you always have to #TrustTheProcess
Very true about learning from mistakes. As long as you aren't making the same ones repeatedly, you're bound to succeed eventually. Also, go Eagles!
You sir, I like you
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