What Is Telecoin?
Telecoin is an open source, peer-to-peer, community driven decentralized crypto currency with its own economy, the telecom economy. It allows its users to purchase, subscribe and pay for telecom products and services such as recharging their mobile phones, paying for data subscription and cable television bills from within their wallet using their coin balance. It also serves as a means of wealth storage and investment in a non-government controlled system called the decentralized blockchain. Telecoin is the De facto crypto currency for the global telecommunication industry. It is the digital currency used as a means of exchange and barter.
Our Unique Crypto Problem Solving Solution
No. ========== Problem ====================== Solution
1. Coin confirmation issue = Telecoin confirmation takes anywhere from instant upto 5mins to confirm.
2. High transaction charges = With Telecoin the transaction charges will be almost zero USD
3. Long time difference between Bitcoin development, adoption and value acquisition with respect to ROI = With Telecoin, the ROI is quick as the coin will be the de facto currency for the telecom industry.
4. High coin volatility= Telecoin volatility is low compared to other coins as funds from the ICO will be invested in real life, real time investments and the usage of Telecoin will be almost at a 50% par with fiat globally.
5. Slow pace of coin adoption= With our de facto telecom economy ideology, we will see a quick, massive and a huge adoption of Telecoin.
6. Asic mining & mining difficulty = Telecoin is an Asic mining resistant coin, which means that Asic miners won’t be able to increase its mining difficulty and dominate its mining space.
Instant Peer to Peer Transfer
Peer-to-peer itself means Telecoin runs without having a central server. The storage server is decentralized and distributed into various servers run by each user connected to the network.
Telecoin transactions are Anonymous
All the transactions we have done can be seen, but we do not know who the owner of the Telecoin address is if the owner does not reveal this. Each Telecoin user can actually choose whether or not his name will appear, but even if the user wants to keep his identity secret, all of his transactions are still recorded and can be monitored through blockchain.
Easy Money Transfer
Just like Bitcoin, Telecoin it can be sent anywhere in seconds, whenever and wherever you want. Money transfers with Telecoin can happen just with a Smartphone and internet connection. Transfer fee can be removed until they are non-existent however to speed up transactions, you can set the cost in Telecoin wallet as needed no matter how many coins are being sent.
Easy Transactions Execution
You can transfer Telecoin to anywhere in the world as long as it is connected to the internet. Telecoin will be deposited into the Telecoin Wallet.
1. Register via Web wallet or Download Wallet app,
2. Enter Telecoin Address from the transaction recipient and the amount of Telecoin you want to transfer.
3. Click send button.
Limited Coins Supply
Telecoin supply will only have 55million POW/POS coins and 2,000,000,000, ERC20 standard coins/token both in our Pre & Post ICO globally. Telecoin prices tend to rise, when demand is high and the number of coins that remain is not increased. Telecoin is not controlled by institutions or governments. Telecoin that uses the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to forge transactions in the Blockchain. All transactions are recorded live, transparently, and spread across multiple servers. Those who want to change or falsify Telecoin transaction data must hack multiple servers at the same time which has thus far been impossible.
ICO Coin Specification
• Coin Name: Telecoin
• Coin type: ERC20 STANDARD TOKEN
• Coin Abbreviation: TCN
• Maximum coin supply: 2,000,000,000
• Total Current Supply: 2,000,000,000
• ICO : 2,000,000,000
Post ICO Coin Specification
• Coin Name: Telecoin Gold
• Coin type: POW/POS HYBRID
• Coin Algorithm: SCRYPT
• Coin Abbreviation: TCG
• Maximum coin supply: 55 MILLION
• Total Pre-mine (block 1): 11,000,000
• POW (block 2-1.500):
• BLOCK HALVING RATE 300,000
• Total Current Supply: 11,000,000
• ICO : 11,000,000
• Block Spacing: 30 second
• Minimum stake age: 5 day
• Maximum stake age: 10 day
• POS Yearly interest: 5%
Soft Cap = 10m
Hard Cap = 15m
5% Bonus On Coins Purchased STAGE
150M Telecoins @ 0.1USD = 15m
Soft Cap = 250m
Hard Cap = 400m
• STAGE 1
500M Telecoins @ 0.30USD
• STAGE 2
300M Telecoins @ 0.40USD
The De Facto Crypto Currency For The Telecom Industry Https://www.telecoin.co
• STAGE 3
300M Telecoins @ 0.50USD
TOTAL = 420,000,000 MILLION USD
• Multiple Accounts Will Be Blocked
• 5% Referral Bonus is Only For Direct Referrals
• For Sponsors To Get Referral Bonus Minimum Purchase Must Be Done By Sponsor
• Minimum Purchase per ICO Status Is 50usd
• Management & Teams Coin locked up for 1year
• Mining Will Not Start Till After 6months
Roadmap of Telecoin
Oct 2017 – Jan 2018
- Telecoin concept initiation
- Planning & documentation
- Idea validation
- Start to build Telecoin
- Proof of Concept/Proof of Design
- Full Branding
- Website Development
- ERC20 coin and smart contract development
Feb – Apr 2018
- Social Media Campaign
- ICO & Coin Distribution
May – Jul 2018
- POS/POW coin development
- POS/POW coin distribution
- Block Explorer
- Windows & Linux wallets
- Mobile wallet
- First listing on external exchange
- Target price $5 USD
- Online marketing campaign
- Offline marketing campaign
- List on Coinmarketcap
Aug – Sep 2018
- Telecom service provider marketplace backed by Telecoin
- Adoption of companies to help actualize roadmap and product development
- Debug / improve website features
Some Important Links of Telecoin