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The company's eponymous cryptocurrency, Telcoin, is based on the popular Ethereum blockchain. It will be issued to national telecom operators and sold to subscribers, allowing it to be used by anyone - with or without a bank account. Telcoin will be as easy to access and spend as existing mobile money, and it will be protected by a net of telecom security and compliance. The team envisions it as a complement to existing mobile money and, in the near future, a mainstream driver of cryptocurrency adoption at large.
25% ICO22% Investors3% Bonus pool50% Telcom issuance (over 10 years)15% Telcoin Pte Ltd5% Liquidity5% Telcoin Foundation
Telcoin unit price = (Total funds raised during pre-ICO & ICO) / (22%) / 100,000,000,000
Up to 30% for Presale
"The unique utility of Telcoin lies within its partnerships with Mobile Operators. By using their existing customer base, KYC, security infrastructure, and mobile money platforms, we are able to theoretically reach the five billion cellphone holders worldwide as opposed to the only one billion banked. In doing so, we bring financial inclusion directly to the unbanked in developing nations while simultaneously introducing them to the cryptocurrency ecosystem. Moreover, Paul, the co-founder & chairman of Telcoin, founded Mobius Wireless Solutions, a company that created fraud management software for Telecommunication companies globally (over 50+ companies are using this software). In doing so, Paul has established himself as an industry expert and has deep connections within the industry. "
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