Telcoin is a new cryptocurrency based on the Ethereum blockchain that will be distributed by your national telecom operator and made available to everyone, anytime, anywhere. . Telcoin ICO rating – not rated.
|Visit Telcoin ICO site
Ended ICO : 11/12/17 – 11/02/18
About Telcoin ICO (token sale)
Telcoin is a new cryptocurrency based on the Ethereum blockchain that will be distributed by your national telecom operator and made available to everyone, anytime, anywhere. This is the core of our business, and mobile network operators will be at the center of our strategy.
Telcoin is the first cryptocurrency to tap into synergies between the reach of mobile telecoms and the fast, borderless nature of blockchain technology. According to the World Bank, there are nearly five times as many mobile phones in the world (5 billion), as there are active bank accounts (1.2 billion). It’s a lot easier to access mobile phone services than banking services, and we aim 1 to capitalize on that disparity.
We will initially offer Telcoin to our mobile network partners, providing their customers with seamless access to the digital economy: online remittances, transfers, payments, and ecommerce. We will also provide the necessary marketing and product development resources to nurture the Telcoin ecosystem, in a joint effort with our telecom partners.
Our objective is not to compete with telecom mobile money, but to cooperatively participate in the overall mobile money ecosystem. We see ourselves as a complementary solution; a tool that will increasingly bring users to mobile money, cryptocurrency-backed solutions, and mobile wallets. Our goal is to become one of the cornerstone financial inclusion efforts of the 21st century and we want to cooperate with actors who we believe can play a critical role in this process, namely mobile network operators.
Initial coin offerings (ICOs) are an exciting new way for companies to raise funds, particularly used in the blockchain space. Most ICOs today involve a token sale that grants specifically defined rights, for example a revenue share vehicle. These ICOs have legal complexities, particularly in terms of securities compliance. Telcoin has an advantage in that our ICO will actually be selling a cryptocurrency, not any sort of security. This is easier to do legally and also easier to market. What we are selling in the ICO is the currency itself – the same currency that telecoms will later begin selling to their subscribers. Being based in Japan and established in Singapore, we benefit from a legal environment greatly favorable to token sales. has been a solid interest around cryptocurrencies for years in Japan, but the number of companies having done their ICO here is surprisingly low. We want to tap into this potential cryptocurrency investors’ pool and gather local scene’s key players in order to build successful examples for other to follow. We plan to lead our fundraising activity according to the following 3 phases, and we will explain how it will unfold for each of them below:
- ICO period