Telcoin(TEL) is sitting at just one penny right now but from the plans that they have for this coin it could explode.!!!!!
This is what they have to say about TEL.
Introducing Telcoin, our mobile cryptocurrency solution
Telcoin is focused on connecting with mobile networks globally, enabling easy conversion between telecom mobile money, prepaid credit and postpaid billing platforms.
Issued by telecom operators
Telcoin will be exclusively distributed by GSMA mobile network operators.
Available worldwide
By partnering with telcos, we are bringing Telcoin to 5 billion mobile users.
Built on a solid foundation
Leveraging the Ethereum blockchain, Telcoin inherits the strength of a trusted network.
Our model is simple: We will distribute Telcoin to mobile networks according to the incentive model below, and they will sell it to their subscribers
A solid model for telecom adoption
Telcoin issuance to telcos will occur at a rate of 5% annually for a period of 10 years following the ICO, distributed to GSMA mobile networks continuously based their stage of Telcoin integration.
Incentivized adoption
Connecting to Telcoin will make an operator immediately qualify to receive continuous Telcoin issuance. Networks with more Telcoin exchange traffic will receive more.
Flexible Telco API
The Telcoin pricing and exchange API allows interaction with mobile network IN prepaid platforms, postpaid billing systems, and mobile money accounts, via SMS, USSD, REST APIs, and Diameter.
Wallet agnostic
We will immediately offer the TenX wallet, but will also help telecoms release branded Telcoin wallets and will cooperate with any operator proprietary or third-party wallets.
Truly mobile-friendly
Telcoin is designed to be fully integrated with your mobile spending habits, including international remittances, online payments, mobile credit topups and ad hoc transfers.
Reimagining remittances on the blockchain
Telcoin will initially focus on the remittance market, currently dominated by large players like Western Union:
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$500B Market
International Remittances are a gigantic and growing market that Telcoin believes is ripe for disruption.
5 Billion phones and growing
By partnering with mobile operators we will be in a unique position to reach an enormous amount of potential customers.
Low fees
By coupling the power of cryptocurrency and telecoms, we can afford to provide very cheap transfers, which will allow us to gain market share.
