TELECOIN - The De Facto Crypto Currency for the Telecom Industry

PRESENTATION

The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is Telecoin, an open source, peer-to-peer, community driven decentralized crypto currency with its own economy, the telecom economy.

TELECOIN

Telecoin (TCN) is an open source, peer-to-peer, community driven decentralized crypto currency with its own economy, the telecom economy. Telecoin 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.

Telecoin 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 for the telecommunication industry. It is digital currency used for purchasing, subscribing and making payments for telecommunication products and services.

Telecoin is building a decentralized service and payment platform for the telecommunications sector. The future success of Telecoin will be directly linked to the adoption of the token by telecommunications companies and users of telecommunications services. Switching larger institutions from fiat payment to include crypto-payments would be a significant step to integrating Telecoin tokens in to the telecommunications industry. Having all telecommunications businesses, customers and service providers using the same cryptocurrency will provide ease of transactions and will link customers to services they want. However, there may be resistance from bigger players who may not be ready to make the jump to cryptocurrency usage.

Why Telecoin?

Imagine that of the 7.6 billion people on the Earth, 3 billion were to adopt one globally accepted digital currency and on a daily basis were to recharge their mobile phones, subscribe for data & internet services, pay for digital products and digital satellite cable television subscriptions, pay for hosting & domain name services, pay for voice & data/cloud services; all through one mobile application. This same application will also allow you to make sim card purchases with telecom based companies that will allow their users to use this coin for their spending & daily transactions. Can you imagine the demand pool for that coin? We can. And this is why we are asking you to join our telecommunication crypto revolution to build a great community around ‘Telecoin’ the de facto digital currency for the telecommunication industry services.

The Telecoin Token and ICO

The token is an ERC20 Standard Token and the symbol for Telecoin is TCN. The ICO has a soft cap of 250 million dollars and a hard cap of 400 million dollars. The ICO has a total of 2 billion TCN coins. The funds generated from the ICO will be used to achieve the road map projects and products the company has planned.

The ICO coins will be tradable on external cryptocurrency exchanges as part of the telecom blockchain economy for barter and exchange however the TCN coins will not be used for future planned staking programs. The main ICO has 3 stages with increasing token price: Stage 1 500M Telecoins @ 0.30USD, Stage 2 with 300M Telecoins @ 0.40USD and stage 3 with 300M Telecoins @ 0.50USD. The total number of coins available during the staged ICO sale is 110 million set to generate slightly more than the hard cap value (420 million USD in tokens). Mining and staking of coins is set to begin 6 month after the end of the ICO.

Coin Specification

ICO Coin Specification

Coin Name Telecoin

Coin Type ERC20 Standard Token

Coin Abbr TCN

Max Coin Supply 2,000,000,000

Current Supply 2,000,000,000

ICO 2,000,000,000

Post-ICO Coin Specification

Coin Name Telecoin Gold

Coin Type POW / POS Hybrid Token

Coin Abbr TCG

Coin Algo SCRYPT

Max Coin Supply 55,000,000

Tot Pre-mine (block 1) 11,000,000

POW (block 2-1500)

Block Halve Rate 300,000

Current Supply 11,000,000

ICO 11,000,000

Block Spacing 30sec

Min Stake Age 5-day

Max Stake Age 10-day

POS Yearly Interest 5%

ICO Structure

Our Initial Coin Offering (ICO) will help raise funds for development of roadmap projects and products.

The ICO will utilize the ERC20 standard coin / token built on the ethereum blockchain.

We will release a total of 2 Billion ERC20 standard tokens (TCN coins) to ICO participants. These coins will be tradable on external cryptocurrency exchanges as part of the telecom blockchain economy (barter and exchange), but they will not be used for our staking programs.

Coin Distribution

(Blue) - ICO Supply - $1250 Million

(Red) - Future Projects - $500 Million

(Orange) - Bounty - $75 Million

(Green) - Referral Commission - $75 Million

(Purple) - Team - $50 Million

(Light blue) - Promotion - $50 Million

Roadmap

Oct 2017 – Jan 2018

Telecoin concept initiation

Research

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

Oct – Nov 2018

Second listing on external exchange

Official mining software release / tutorials

A global telecommunication company backed & funded by crypto

Dec 2018 – Jan 2019

Ecommerce shop backed by Telecoin for global community shopping and purchase

Telecom voice as a service solution backed by Telecoin

Cloud-based email campaign / bulk messaging as a service for companies

Feb – Mar 2019

Telecoin Mastercard / VISA issuance & contract

Mobile app for money transfer using Telecoin fiat api and interface

Cloud-based data / wireless / internet services backed by Telecoin

Apr – May 2019

Telecoin-backed payment and subscription apps for telecom based products & services

Marketing campaign - build community around Telecoin

Merchant partnerships

Telecoin CSR Program

TEAM

Kelvinking Omoregie: Founder & CEO

Maulik Dodiya : Senior Web Developer

Mahesh Meegada: Chief Blockchain Engineer

Mary Emeraghi: Chief Operating Officer

Sugata Biswas: Advisor & Head of International Business

Rustin Shelton: Community Manager (US)

James McQueen: Full-Stack Developer (US)

M.K. Hasan: Bounty Manager

Vijayan Kochan: Senior Mobile App Developer

Andrew Mailen: Chief Content Curator

Okpeahior Andrella: Chief Sales Marketing Officer

Abhishek Kumar: Motion Graphics Designer

David Carty: Senior UI/UX Developer

Sonu Kumar Tiwari: Senior UI/UX Designer

George Henry: Advisor

Peter Smyth: Advisor

Naviin Kapoor: Blockchain ICO Advisor

Sinan Bayram: Crypto & ICO Advisor

Evander Smart: Bitcoin Expert Advisor

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

For more information, please visit:

Website: https://telecoin.co/

Whitepaper: https://telecoin.co/images/telecoin_whitepaper.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3262718.msg33995884#msg33995884

Telegram: https://t.me/telecoincommunity

Facebook: https://www.facebook.com/telecoin.co/

Twitter: https://twitter.com/Telecoincommuni

Author: TheMichaelMatch

My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.