I hodl cryptos and one of my favourite is Telcoin. I got into Telcoin because is focused on connecting with mobile networks globally, enabling easy conversion between telecom mobile money, prepaid credit and postpaid billing platforms and I think this is going to be huge for the African Market. To me Telcoin is going to bring financial inclusion to emerging markets.
Mobile telecom companies in Ghana, Nigeria, Kenya just to mention a few are leading the way into the cashless future, and this is evident in the stiff competition among themselves for market share.
The mobile money market is growing very fast, in 2014 the Airtel, Tigo and MTN in Ghana did transactions worth about 11.2billion across the country. In 2016 MTN alone recorded about GH¢56 billion in mobile money transaction, it also recorded a transaction value of about GH¢23 billion in the same year.
In Kenya for instance Safaricom's M-Pesa still accounts for the highest number of mobile money transactions in the country, with 423 billion shillings (US$4 billion) in person-to-person transfers.
For me these are all signs that the market growth is just getting started and if Telcoin is able to execute properly it will be at a unique position to grow in value for it's investors. I am currently hodling about 20k of it and is still a good time to get in if you want to as the price is around $0.003732 as at the time of writing this post.
Note: This review is in no way make me an expert financial advisor please do your own research and and draw your own conclusion.
