Bitcoin Forum

I hope that you noticed the emergence of telcoin on coinmarket , it's a new ico of cryptocurrency based on creating a platform of exchange of coins with partnership with telecom companies ,the idea is to facilitate coins exchange by telecom operators so you can sell and buy with your phone bill instead of fiat currencies . Great idea I guess . I saw the price of the tokens just doubled in 2 days so do you believe on the potential of this coin and do you advice me to invest in this coin ?

If they manage to make few contracts with real mobile operators, the market cap could reach many Billions. We will see..

Currently the price is overpumped on Kucoin.

This is a good idea but how will they market this as a value proposition to mobile operators in the third world who already have their own "mobile money"? Airtel is a multinational telco and already does this in their local markets. The only advantage I perceive is in international transfers but then telco competitors would have to agree to use a common standard and they could just develop their own rather than use telcoin.

The idea of this project is that cryptocurrencies transactions will be much easier and  faster and also this an opportunity for people who can't buy around by fiat currencies to get what they want just with their telecom operators accounts , I can see also telecom companies being interested by this project because they will charge fees for this transactions so it can be profitable for them . The problem now is how Telcoin will convince this companies to be partners in this project . We will wait and see .

Airtel Money is simply another payment gateway platform similar to PayTM, they do not issue their own tokens.

There are some high hopes for Telcoin. It is an ambitious project, but getting telcos to agree will not be easy.

Does someone know what was the ICO price?

I dont think this coin will rise up to 1 dollar by the end of 2018. Any suggestion  Coins that cost cents by now and have potential to reach 10 dollars up by the end of the yr?

Probably will not arrive at the price of $ 1 in 2018!
Due to the total supply is very much.
if telcoin can reach $ 0.02 is very good.

The idea might be a good coins and I think you can invest, but don't count on a lot of x in 2018. I think now it is quite difficult to determine the cause of falling prices. This may be due to the General decline of the market of cryptocurrencies and in my opinion this is the most likely cause. More accurate conclusions can be done after the correction of the market.