Development криптовалют moves by interesting ways. The Telcoin project is intended to partially replace the money of the philanthropist and to combine the technology of blocking with the capabilities of mobile operators.
Command
Heads the team Claude Eguienta. In his time he founded the Japanese company CyberAgent (video game development) and social application Kabotip.
Co-founder and chairman Paul Neuner. He founded the telecommunications company Mobius and has been working in this business for 12 years.
Project
The project is aimed at customers without an open bank account for the permanent use of digital currency as payment through a smartphone. The goal of the Telcoin platform is to start actively cooperating with cellular operators and translating the calculations to a digital basis. The project is designed to make payment by crypto currency everywhere possible and gradually switch from traditional banking to mobile crypto currency. To implement the project, it is intended to use digital money in the existing mobile network. This implies a significant simplification of international money transfers and the replacement of expensive banking services.
Token
TEL is an effective token that will be used on the Telcoin platform. It is built on the standard ERC 20 (Etherium) and distributed among the participants of the system.
Telcoin (TEL) - will allow users to make many financial transactions through a smartphone. Developers are announcing the possibility of not only mobile payments, but also payment for telecommunications services, the issuance of microloans or small loans, access to other block projects through a regular smartphone.
The release of ICO took place on December 11, 2017. In total, 100 billion TEL have been launched.
The first addition to the stock exchanges took place on January 15, 2018, at the price of 1 TEL = 0.0046 $.
Today, the token is traded at $ 0.001898 total capitalization of the project is about 56 million dollars. More than 97% of all trades are held on the Kucoin exchange.
Summary
The digital currency was developed for permanent household use, and not for long-term storage with a chance to make money on it. Prospects mainly depend on the coverage of the user audience. Throughout the world, today, more than 5 billion mobile phones are used. Comparing with the number of bank customers, this number is approximately 5 times larger. So the potential for the development of this platform is provided on the condition of close cooperation with mobile operators. Therefore, it is better to consider long-term contributions, in the context of project implementation. That is, the success of this, in our opinion, interesting token completely depends on the interest of large mobile operators to it and from the professionalism of the marketing team of the project team.