Bitcoin Forum

https://image.prntscr.com/image/czolhp5vSheSt3lh3vy32Q.jpg
https://image.prntscr.com/image/ZrlMdt_rS3mQyBb5lQEzgg.jpg
https://image.prntscr.com/image/egAjXH49SIedG4X319uwAA.jpg
https://image.prntscr.com/image/PNQUw2fwSp_x5JxuAjLUPQ.jpg
https://image.prntscr.com/image/UPT5Qib6T5SNZ3rQBeXqJQ.jpg
https://image.prntscr.com/image/CZr2zzdnQPqUzGUmnQTw_Q.jpg
https://image.prntscr.com/image/uB2SDDaVRuCvC7a9MVy8OA.jpg
https://image.prntscr.com/image/GptLzbpFQgm2AhSEjbcSmQ.jpg
https://image.prntscr.com/image/RybrT4juQPeJYJwN0MQnjg.jpg
https://image.prntscr.com/image/FFRyPuCNRS6g0LpzjsHvWg.jpg

Whitepaper:

http://www.telco.in/docs/whitepaper.pdf (http://www.telco.in/docs/whitepaper.pdf)

Recent Blog Articles:

https://medium.com/@telcoin/how-cryptocurrencies-can-make-transparent-disaster-relief-really-work-46c8ddc38cad (https://medium.com/@telcoin/how-cryptocurrencies-can-make-transparent-disaster-relief-really-work-46c8ddc38cad)
https://medium.com/@telcoin/blockchain-based-remittances-will-lead-to-a-revolution-in-financial-inclusion-b3cde723bdb0 (https://medium.com/@telcoin/blockchain-based-remittances-will-lead-to-a-revolution-in-financial-inclusion-b3cde723bdb0)
https://medium.com/@telcoin/introduction-to-telcoin-f7d9cbe47ffc (https://medium.com/@telcoin/introduction-to-telcoin-f7d9cbe47ffc)

Press:

CNBC - https://youtu.be/oc7xTtTnXxs (https://youtu.be/oc7xTtTnXxs)
Inc. - https://www.inc.com/bill-carmody/4-revolutions-made-possible-by-blockchain-economy.html (https://www.inc.com/bill-carmody/4-revolutions-made-possible-by-blockchain-economy.html)
CoinTelegraph - https://cointelegraph.com/news/the-blockchain-token-that-simplifies-entry-and-adoption-into-the-ecosystem (https://cointelegraph.com/news/the-blockchain-token-that-simplifies-entry-and-adoption-into-the-ecosystem)
South China Morning Post - http://www.scmp.com/business/money/stock-talk/article/2123032/telcoin-eyes-fundraising-cryptocurrency-demand-asia-rises (http://www.scmp.com/business/money/stock-talk/article/2123032/telcoin-eyes-fundraising-cryptocurrency-demand-asia-rises)
TechInAsia - https://www.techinasia.com/talk/asia-unbanked-telecom-cryptocurrency (https://www.techinasia.com/talk/asia-unbanked-telecom-cryptocurrency)
Finews.Asia - https://www.finews.asia/finance/26034-tapping-into-the-unbanked-in-asia-using-telecom-cryptocurrency (https://www.finews.asia/finance/26034-tapping-into-the-unbanked-in-asia-using-telecom-cryptocurrency)

Get in Touch:

Telegram: http://t.me/TelcoinCommunity (http://t.me/TelcoinCommunity)
GitHub: https://github.com/telcoin (https://github.com/telcoin)
Blog: https://medium.com/@telcoin (https://medium.com/@telcoin)
Reddit: https://reddit.com/r/telcoin (https://reddit.com/r/telcoin)
Twitter: https://twitter.com/telcoin_team (https://twitter.com/telcoin_team)
LinkedIn: https://www.linkedin.com/company/18256846/ (https://www.linkedin.com/company/18256846/)

Pre-Sale:

Entry Ticket: $100,000
Discount: Up to 30%
Contact: Email us at presale@telco.in or message us on Telegram for more information  

ICO:

 https://www.telco.in/ico/ (https://www.telco.in/ico/)

Date:December 11th - February 11th, 2018
Hard Cap: $25,000,000
Amount: 100,000,000,000
Issuance: 50% to Telecoms (5% Annually), 25% ICO, 5% Liquidity, 5% Telcoin Foundation, 15% Telcoin Pte Ltd.

Extra Info:

Bounty: https://bitcointalk.org/index.php?topic=2578884.new#new (https://bitcointalk.org/index.php?topic=2578884.new#new)

Feel free to ask any questions you may have!  ;D

Which currency will be accepted during the ICO?

Will be a discount for early ICO bidders? thanks.

how about bounty sir ..??

i think the ANN is just a bit over the top and could refrain from boasting so loudly! ambitious yes but this takes it to a whole new level

Another mobile cryptocurrency, why you guys targeting mobile operator? is it just to get a lot of users? Is there will be a speceific fee for transaction?

Interesting ... I wish you all the best for this project  :)

ICO Date:December 15th - December 23rd ,there have 1 month be ready to join , i should learn about it carefully.

Is Telcoin project has a bounty program sir.??
I would like to participate on it..
thanks

Max bonus level is 30% and lower level is 5%. In between, it depends on various elements. $25M is the whole ICO cap, including amounts raised during presale. :)

Hey Kennedy! We actually bumped it up by 4 days to the 11th of December. Good things happening here. Keep up the research and let me know if you need any help with anything! -Chris

We are offering up a blank canvas for our bounty program. We want to put it into the hands of our supporters or those looking to help us. Send us a message to bounty@telco.in and let us know what you can contribute and then we can chat details.

Interesting....  How about bounty Dev?

We will be accepting ETH & BTC

Thank you for your question!
At Telcoin we deeply believe market reach matters when it comes to mass market adoption.
Mobile operators are in a unique position where their products, feature phones or smartphones, are in the pockets of more than 5 billions people worldwide. It's hard to find any product that can beat that, and it's definitely one of the reason why we work with them.

But it's not all, mobile operators are also important to improve some problems currently found in the crypto space, like trust issues and KYC practices.

As for transaction fees, there will be no specific transaction fee applied to the use of Telcoin. The fee deduction will happen between us and the operator. About this specific point, I invite you to consult our white paper, where you will be able to know more in details about how we will work with telecom operators. :)

If you have more questions, don't hesitate to join our telegram group: http://t.me/TelcoinCommunity

Do you have pre-ICO? 

Hello crumparm

Yes we do. Pre-ICO is running until Dec. 10th, and the entry ticket in $ equivalent is $100,000.
We offer bonuses up to 30%. Best is to contact us directly on telegram (http://t.me/telcoincommunity), or send us an email at presale@telco.in

Thanks!

i think so.
how about baounty sir.?

very interesting. I really like the disaster relief use-case posted here: https://medium.com/@telcoin/how-cryptocurrencies-can-make-transparent-disaster-relief-really-work-46c8ddc38cad

I get that telcoin enables immediate donations to the locals in need, but it assumes mobile money in the local region affected by the disaster is still being accepted, right? would be cool to somehow help locals get cash out too.

What is your monthy turnover as of today?

How would you explain how it works to a common person on the street though, unfamiliar with blockchain?

So anyone with an active cell phone number will be able to get in on this?

Quality comment here. Even in very poor countries, people have cell phones. So having access to emergency funds could make a ton of difference. Shouldn't be hard to exchange those coins into fiat though.

Who would you say is your biggest competitor?

When can we expect to see this on exchanges?

Also, you obviously expect huge market opportunity, but any precise estimates?

What is telcoin,how i get some?

Still wondering about this.

How big is your team right now?

Still curious about this.

What would you say is the biggest motivator for the founders?

you need a mobile number. how can I be sure that your base will not be hacked and I will not be called by different companies with offers?

Yes, it definitely does assume this.

By using telcoin and the telecom network we would be able to send telcoin directly to mobile money wallets of those affected, and thereby giving them a means to exchange the telcoin for fiat

It will be available on exchanges 30 days after the ICO is over  ;D

Are you guys reaching out to big names in telecom? If you could announce a big partnership, I think you guys will hit that hard cap in 24 hours.

That's great news, but I was wondering if having a phone is the only requirement to use Telcoin?

I can't think of anyone who is doing anything like this, have you found anyone else?

Oh that's great. Which exchanges do you plan on?

Your timeline is a roadmap, but I would like to know more  details. will there be a detailed roadmap?

We are currently in final discussions for POC with Tunisia Telecom, Etisala, Veon, Aritel India, and MTN group.  ;D

We are working on one now, but if you're looking for specific information, i'll be happy to answer any questions you have!

Yes! All you need is a phone that is able to at least receive SMS & a mobile wallet and you're good to receive telcoin from your Telecom provider. Check out the Whitepaper for more detailed information.

Sign up for our Whitelisting https://docs.google.com/forms/u/1/d/e/1FAIpQLSfLKu393LkGGFONz38bM2hIp4tGTJZhflnk7LgfYXdyYpFReg/viewform (https://docs.google.com/forms/u/1/d/e/1FAIpQLSfLKu393LkGGFONz38bM2hIp4tGTJZhflnk7LgfYXdyYpFReg/viewform)

The total addressable market is technically the amount of cellphones there are which is about 5B (compared to 1.5B bank accounts). That is why we are doing this, as to spread financial inclusion and cryptocurrency adoption.  ;D

Telcoin is a cryptocurrency given to and distributed by your national telecom operator that allows mobile money users to easily and securely send telcoin to each other instantly.

Even easier....

Telcoin uses your telecom providers existing systems to send remittances (our first use case) cheaper and faster than current available solutions.

Our team is currently 11 members strong! For some more information on us check out our team page here https://www.telco.in/index.html#s_team

Also, we just recently had live interviews with "CNBC Street Signs" & "Bloomberg Radio". Claude, our CEO, was invited to speak about Telcoin and what we are doing.  ;D

I would say the need for financial inclusion and a way to securely and affordably send mobile money across borders. All of us here in JP are all from different parts of the globe and we have experienced the pain points in sending money home/abroad. Also, we are super bullish on blockchain/crypto as a way for people in developing nations to have access to the global economy.

Personally (chris) I joined the team because I found the disaster relief use case to be fascinating. I read about the California wildfires and donations centers receiving 3,000 toothbrushes & toothpastes. Most of which would be thrown away. What they (those affected by disasters) really need is some monetary help that would help with provisions that doesn't need to come from a centralized authority like NPO's, NGO's, or governmental agencies (too slow...i.e. FEMA). Using Telcoin, we would be able to send out tokens directly to people's mobile wallets (in geo-fenced specific regions) that could be used immediately. I thought the social impact was awesome

Still curious about this.

Wow, maybe this really is revolutionary. Nobody else is working on this?

Wouldn't you also be able to tell what had been purchased using this platform? So if someone bought 3000 tooth brushes with TelCoin, would you be able to tell that was bought and thus people would tell what was more needed?

Excellent. Any idea which ones?

How exactly you will cooperate with mobile operators?

That's a formidable number at this stage. How many would you say are full time?

Those are some pretty big media names, any way we can watch a VoD?

Apologies for the delay! Yes, we have secured selected POC agreements starting Q1 with Aritel, Etisalat, MTN Group, Veon, and Tunisia Telecom.  :)

We've seen similar ideals and intent, but none that are working exclusively with Telecoms. Moreover, our chairman Paul has a MASSIVE competitive advantage to others as his previous telecom experience gets us in conversation with telecom (and thus central banks/regulators) executives directly. The ability to get these conversations with decision makers is extremely difficult if you don't have an in.

I bit confused on the questions. My story above was just an example of how donations, albeit the good intentions, sometimes are not exactly what people need (my CA fire story was in a developed country, image a developing nation). With Telcoin however, I was trying to say that we would be able to send our token which could translate to fiat and allow that to help disaster victims. Sorry if this wasn't clear  :)

In trying to answer your question, Telcoin at the moment cannot be used to purchase anything. Our first use case is the sending of our token as a remittance service to/from mobile money users globally via the telecoms system.

We are still confirming which ones we will be listed on and which would allow for the easiest and most efficient way of exchanging. We are targeting the top exchanges (depending on region and regulatory challenges). I'll keep you updated once we get full confirmation.

Which exchanges do you use or have found to be best for your needs?

I dont see the tokensupply and ICO pricing. Could you provide this information as well? Nevertheless I am interested in your project, it makes sense to me and I think this can have a huge impact on the overall adoption of cryptocurrencies and merging them into daily life. Hopefully your tokensale will be successful and you can deliver what you layed out.

Ask and you shall receive!  ;D ;D ;D

CNBC (short version) - https://www.cnbc.com/video/2017/12/03/cryptocurrencies-could-soon-be-widely-used-for-payments-ceo-says.html?play=1 (https://www.cnbc.com/video/2017/12/03/cryptocurrencies-could-soon-be-widely-used-for-payments-ceo-says.html?play=1)
Bloomberg - https://www.bloomberg.com/news/audio/2017-12-04/volatility-is-not-a-big-issue-with-bitcoin (https://www.bloomberg.com/news/audio/2017-12-04/volatility-is-not-a-big-issue-with-bitcoin)

Hey! Thanks for the support and the kind words!  :) Here is how to calculate the price of Telcoin:

We are selling 20% of the whole telcoin supply during this ICO. Put differently, this means that all the funds invested during the pre-ICO and ICO phase will stand for 20% of the whole telcoin supply value, and because we have a limited telcoin supply of 100 billion coins, the value of 1 telcoin will be calculated automatically at the very end of the ICO using the following formula:

(Total amount of funds raised during the pre-ICO and ICO phases) ÷ 20% ÷ 100,000,000,000

Ex: If we reach out hardcap of $25M, the value of 1 telcoin will be $0.00125

https://bitcointalk.org/index.php?topic=2512004.0

Your Russian ANN

Excited for this ICO

We are too Derek!   ;D

Any questions, check out our telegram channel https://t.me/telcoincommunity (https://t.me/telcoincommunity)

That's exactly what I wanted to see! Do you guys have any sort of prototype?

I just use the big ones for the most part. Kraken and Bittrex mostly. How much do you think it will cost to get Telcoin on one of these big exchanges? I am under the impression you have to pay them, is that right?

How will you exchange fiat for Telcoin? You have to go to an exchange?

Glorious! Thank you for your helpful and prompt responses. I'm sure to have more in the coming days, as I have high hopes for Telcoin.

That truly is a massive advantage. It's all about who you know.

In the works now, and actually Paul (chairman) is traveling for the week to finalize deals that will give us the full value chain and allow us to send telcoin to ANY mobile phone globally. Stay Tuned. Also, if you're on the tech side, GitHub should be updated soon too.

Love the energy man! Thanks for the love!

Fact. He's our secret sauce and on his way to Tunisia now to finalize deals and to speak to two more huge telecoms.

Yes, either on an exchange or through your mobile operator.

Not a problem my friend! Don't hesitate to ask! I (Chris) will be here!

Also, check out all of our new media on our website regarding Claudes (CEO) Asia Media Tour!  Feel free to share too!

Hi AmoreJaz, yes I am very much looking forward to completing this ICO process and getting to the task of executing the business. I really believe in this project and don't think it needs to be overhyped - I think it will speak for itself once we are in delivery mode.  Thank you for your feedback though.

Lol, I guess I do get a little over-energetic when I find a promising new token so early on. The last couple turned out great, and I have really high expectations for this one too.

That's awesome. Are you guys US based?

Oh that could be very interesting. The telco's you have on board will all be offering ways to buy Telcoin?

Can you at least explain why nobody wants to answer how much it costs to get on an exchange?

An Asian media tour does sound very interesting. I'll check it out now, thanks again.

We are all based out of Tokyo and registered in Singapore  ;D

Apologies for the delay! To our knowledge there are no free exchanges (that are worth using). So yes, we would have to pay to be listed. We are still figuring which ones we will want to be listed on.

why by targeting the Exchange should depend on the area and what kind of regulatory challenges it.

Like the concept. Telcoin can bring the cypto to everyone, even for the use who have the limited access of internet.
I completly agrey with Telcoin, most of the people have access of mobile but not internet. Its the best way to go via sms or even ussd.

Yeah, that's a massive number of people that have phones but not even data for their phones.

Hard cap is not very big and can be achieved easily because of the potential. I will be studying more in following days about project but at large it seems very good approach to make cryptocurrencies usable by large number of people to take them one step further.

Very nice. Is there an advantage to being registered out of Singapore?

If you could get them to include Telcoin's in with purchase plans, you guys would become kings overnight.

It's a tough choice. I guess the bigger the better, but also I imagine, the bigger the more expensive to get listed.

So do you guys have patents?

Thank you for the positive outlook! Let me (chris) know if you need any questions answered.  :)

Are there any features that have been tossed around as ideas, and are only distant possibilities at this point?

Any possibility of this happening?

Maybe you could answer my question.

What do you think the cost is of a customer acquisition?

Would really like to know about this, I think patents are a great indicator of innovation.

i think you can open bounty program to help you promoting your project.

TEL operator can also create its own token or coin.
Why should they use this one?
And what is the need of bringing this on exchanges?
So people have one more coin to trade?

Sorry this is nothing I would invest....

My apologies, but i don't seem to see a question. More of a statement regarding the hard cap and your intent to study us more. If there was something i missed, please let me know the question.

Objectively speaking, yes there is definitely a chance for synergies and complementary offers. But, at the moment we focused just on getting telco's to sign up and user adoption. Once we have established a solid product market fit and we are scaling with the telco's, then I believe we can begin to bring that in.

But i definitely agree that would be an amazing idea.

ASK AND YOU SHALL RECEIVE!  ;D ;D ;D

https://bitcointalk.org/index.php?topic=2539560.new#new

Hi there, as Telcoin is aiming to provide the unbanked with financial services, is it comparable to other projects like Micromoney or Everex? As far as I know they also want to provide their services to smartphone users with the use of their cryptocurrency. Can you explain what distinguishes Telcoin from them? Besides of partnering with telecommunication operators that will bring then the services to their costumers (as I look at this more like a marketing advantage). Thanks in advance!

We currently do not have any patents as we are not developing any new technology. However, innovation can be created via complimentary assets and improving existing business models. Albeit not having a patent, we feel what we are doing is quite innovative  :)

Thanks for the questions!

Interoperability is the key, operators can't make something that can be sent between networks, look at mobile money. By having a coin that is heavily accessible and distributed, we can actually grow the cryptocurrency economy and benefit the Telco at the same time. Moreover, it's all about scale, mobile money or a bespoke single operator coin cannot scale outside of its network. To reach scale, it needs to be available.

If you have any more questions, we will be uploading a new version of our WP on our website by the end of the weekend. It should have all the answers you need. If not, then join our telegram community to ask anything else you want https://t.me/telcoincommunity (https://t.me/telcoincommunity)

Well the majority of our idea's are how to build out our financial inclusion platform which will include a suite of services such as micro-financing based on telco powered geo-location data. That is far from a distant possibility, more of an eventual complementary asset to our existing services.

Our CAC is the 50% of the telcoin issuance that we are giving to the telco's, as they will be distributing that to their customers to use.

That does sound interesting. So when you say micro-financing, you mean small loans? Sorry, I'm more from the tech sector than finance.

You're right, you gotta get your foot in the door before expecting them to offer for you to have dinner with them.

You must have missed it, it's further up. I'll repeat it here, is there an advantage to being registered out of Singapore? Maybe more lax telecom regulation or something? I'm clueless when it comes to this industry.

Yeah this makes sense. Is there a list of telco's already on board with you that's updated regularly?

I definitely agree there are many ways to be innovative that are entirely not patentable. I just assumed there had to be innovation with everything you guys are accomplishing, otherwise why hadn't anyone done it before?

I don't want my question to get buried.

How do you plan to get the word out about Telcoin? Will Telco's be able to help in this regard?

Or did you just happen to have familiarity with the environment when it comes to business?

I've seen you list them off before. I was just wondering if you had a list on the site?

Why do you think no one has attempted to do this before, or have they?

Not yet on the site until they kick off and we can give some more information on what is going on. Moreover, at their request, they wanted to official press release.

It was mainly, at the time and still today, the regulatory environment that made Singapore a destination for many crypto companies.

Sorry about the delay, ICO kicks off today so we are all over the place. Yes, we are looking into small loans, among other financing methods, for future use cases of Telcoin.

I think it comes down to the Telecoms and getting their attention enough to get a meeting. We are fortunate that we have Paul as our Chairman and co-founder as his previous company (anti-fraud detection systems for telecoms) allows us to get into the executive offices immediately and get meetings with central banks/regulators. Essentially he is one of our main competitive advantages.

ICO STARTS SOON!!!

Get Excited!

https://www.telco.in/ (https://www.telco.in/)

Telcoin is going to provide unbank service, is this similar to what OmiseGo trying to do? I not really understand about the idea, but something still look good like roadmap, dev members. Ico is going to start today, wish this ico success !

Really interested in this project. What markets are you targeting for your first Telco partnerships?

Thank you for the words of encouragement! We are actually good friends with the OmiseGo team but differentiate ourselves by using the telecoms as intermediaries also, OmiseGo is primarily an e-wallet platform.

To get a better understanding of who we are you can check out publications we've been featured on including Inc., CNBC, and South China Morning Post. https://www.telco.in/#s_newsroom (https://www.telco.in/#s_newsroom)

We are focusing on remittances for our first use case. This will include the North African - Western Europe & South East Asian - North Asian corridors. We have and are still speaking with a lot of telco as you can imagine, they are at the center of our business model so we're constantly in touch with them. It does usually takes a long time, but thanks to our co-founder, Paul, we've been able to shorten this timeframe and got greenlighted in some of the biggest Telco groups like Etisalat, Veon and MTN. We'll be starting POC within these groups network first half of next year. The way we include them in our business model, giving them a big financial incentive in the distribution of telcoin, actually helps a lot to speed things up.

ALL INFORMATION ON OUR ICO - (Start Dec 11)

https://www.telco.in/ico/#

Join our Telegram if you have any questions  

https://t.me/telcoincommunity

AS SEEN ON
CNBC - https://youtu.be/oc7xTtTnXxs (https://youtu.be/oc7xTtTnXxs)
Inc. - https://www.inc.com/bill-carmody/4-revolutions-made-possible-by-blockchain-economy.html (https://www.inc.com/bill-carmody/4-revolutions-made-possible-by-blockchain-economy.html)
CoinTelegraph - https://cointelegraph.com/news/the-blockchain-token-that-simplifies-entry-and-adoption-into-the-ecosystem (https://cointelegraph.com/news/the-blockchain-token-that-simplifies-entry-and-adoption-into-the-ecosystem)
South China Morning Post - http://www.scmp.com/business/money/stock-talk/article/2123032/telcoin-eyes-fundraising-cryptocurrency-demand-asia-rises (http://www.scmp.com/business/money/stock-talk/article/2123032/telcoin-eyes-fundraising-cryptocurrency-demand-asia-rises)
TechInAsia - https://www.techinasia.com/talk/asia-unbanked-telecom-cryptocurrency (https://www.techinasia.com/talk/asia-unbanked-telecom-cryptocurrency)
Finews.Asia - https://www.finews.asia/finance/26034-tapping-into-the-unbanked-in-asia-using-telecom-cryptocurrency (https://www.finews.asia/finance/26034-tapping-into-the-unbanked-in-asia-using-telecom-cryptocurrency)

Oh yeah I'm well aware. I went ahead and invested. I might double up before the ICO is over.

Oh okay. I can understand that.

If they were to somehow explain to their customers how Telcoin works, you guys would get a ton of interest I think. Is this a possibility?

It seems like a lot of the Telco's are SE Asia based, or roundabouts. Paul worked with a lot of them in that area?

What is the minimum amount you need to implement your project?

Yeah that's what I suspected. I wasn't aware Singapore was known for this though, thanks. I'll have to do some more research.

Our softcap is $10M.

Paul has connections in dozens of telecom's, as his fraud detection systems are in 30+ companies. We are focusing on SEA/North Asia & North-Africa/Western EU remittance corridors, so that is where our primary focus for telecoms will be.

We are currently in discussion with 6+ telco's at the moment for POC/pilot agreements. Of course once these are officially publicized, then i'm sure the telco's and the media will talk about this.

I think he means, what is the smallest amount a person can invest with? Is there a minimum? I've seen some set at $1,000.

I'm curious how your team tracks trends when it comes to this space. I want to know where you guys get your information since you seem to be on the cutting edge?

This is a good question. I think a team is only as good as it's ability to stay up to date.

Any timeframe on when this could be? Sorry to be so inquisitive, but I have super high expectations for this.

Would you say you have made any mistakes when it comes to Telcoin that you have learned from?

Hi there, I believe your project aims to provide its services globally, but everyone has to start somewhere. Can you tell me on which markets you plan to start operating?

Good luck for the ICO, I will buy in too! Really promising project!

Ahhhh! Yes, the minimum for now is 0.3ETH - 0.05BTC - $5k Fiat

Agreed! We are very close with other established companies in the space (OmiseGo, TenX, etc) that we speak with and always share information. We are fortunate to have our advisors actively speaking with us and discussing what we are doing and what they are hearing. Moreover, Paul always has his finger on the pulse of the Telco market as his connections are always within arms reach.

Ah can't forget Shimo! Our lead dev is a rockstar and is highly rated on github.

Well we already have agreements with Etisalat, Veon Group, and MTN Group that should be initiating Q1-Q2 next year. The rest we should have some BIG news by end of Jan.  ;) :D ;D

Thank you for the kind words!!!

We will be starting in the North-African/West-Europe & SEA/North-Asia corridors

Holy Hell, lol, so many! That's the beauty of starting a company in such a new space. As with any startup if you make a mistake, you learn, iterate, and innovate.

A lot of the things we've learned are based around Organizational Behavior, interacting with such a diverse community (interest levels, knowledge, talent, cultures, etc), how to explain the tech/concept/business model in the vernacular of said communities, cross-functional work, and more.

Its startup life. We've identified a problem/pain-point and we created a solution we feel addresses that. Everyone is doing everything and we are all driven to make this a success for not only ourselves but for those contributing, the telcos, and the people in developing countries that will have access to crypto.

Are you guys actively pursuing any partnerships?

Good answer, thanks a lot. The way you put it is so relatable too. I guess there's plenty of room for errors when you're the only one competing though lol

That's awesome, how big are these companies? Are we talking about 1m+ customers between those 4?

That's awesome. I'll have to checkout what else he's worked on.

With which countries will you cooperate?

Between the three (3) of them there are about 400M subscribers  ;D ;D ;D

Please do!!! He's very highly rated on GitHub

We are focusing on South East Asia/ North Asia & Africa/Western Europe corridors

IAN BALINA AMA Now

https://www.youtube.com/watch?v=YGtc9SfCupQ

Great AMA! I really hope this project takes off. Leveraging the telecoms user base is YUUUGGGEEE (Trump voice) while disrupting Western Union/Money Gram for remittance pay is enough reason for me support this project.

The German ICO Review on Telcoin has just been published: http://www.kryptovergleich.org/ico-liste/

I like you. It's insane how much Western Union fees are.

That's not so bad. I can still get in on that.

Or are the Telco's considered partners?

Your username is dangerous..I almost fall into it.

Holy... These guys are legitimate giants then, this is incredible. I can't believe I was lucky enough to find an actually legitimately huge coin in time for the pre-ico.

You weren't kidding, this guy has some serious programming prowess. How'd you hear about him?

The team is super. Ian whale has scored very well. The promise is a project and idea.

lol yes, western union is insane and we plan to disrupt them. Glad you enjoyed the AMA!

Always room for errors its just about how you rebound and learn from them. We are still making errors but that is all a part of the process. Being a philly guy myself you always have to #TrustTheProcess

Please do! Just have to go to our ICO page www.telco.in/ico (http://www.telco.in/ico) and get whitelisted  ;D

Its all about the Telco's my friend!!!

lol yea we are very proud that they are on board. We have some huge meetings coming up here in Jan that would further that number.  ;) ;)

We were lucky enough to already know Shimo and he's been with us since the start. He's seriously a badass, wicked talented. Claude (our CEO) is a programmer himself and helped TenX when they were getting started, but even he wanted, as he said it, "the best". That's why we brought Shimo in.

Very true about learning from mistakes. As long as you aren't making the same ones repeatedly, you're bound to succeed eventually. Also, go Eagles!

Everyone has to be whitelisted to participate?

I'm surprised there's not more excitement around this project after learning about this. 400m people are very likely to use this coin. I don't doubt you will hit your cap, regardless.

Impressive idea, and the team looks legit. I'll do some more research but this looks like the next moon mission.

How did u get to that number of 400 million people that will use this coin?Thank you.

He sounds like a very good guy to have around.

As a new bie in cryptos this will be my first outing on ico. still trying to grasp the details of the white paper. Joined the telegram group and already received mail confirming that Ive been whitelisted. Trying to get my acts together before putting my funds in a couple of days. Hoping i won't be disappointed my first. :D

You picked a hell of a lot better one to start with than I did for my first... lol

Or are there just special benefits if you do?

That's what I'm discovering when it comes to this. Thanks.

How much of your budget will be spent on marketing in the first year?

Do you guys feel like you're getting an appropriate level of attention? Maybe I'm just not looking in the right places.

So say this really does hit the jackpot and gets 200m users in the first 3 months. How do you think your team can scale? Does the tech make it automated enough that you could scale that fast without having to hire an absurd amount of people to keep up?

I think you have found great way to bring ordinary people to cryptos. By using mobile operators it will be much easier to buy and trade crypto currencies.

You sir, I like you

Yes, to ensure proper KYC

That's the idea! Thank you for the support!

It is a total subscriber base of the telco's. So it is essentially our total potential user base at the moment.

Boom!! That is amazing, happy to have you with us. We will try and make your first ICO experience as smooth as possible. Please feel free to ask us any questions you have about our ICO or crypto's in general!  :)

Project is interesting, but it is bot clear how tokens will used in project in future. Also I have question to Devs - what will you doing with unsold tokens?

 Why is KYC necessary with this ICO?

Are there any regulatory risks?

Assuming you hit your hard cap.

That's actually a pretty useful looking site. Do you get paid to post these, or you're just using it to promote your site?

Assuming we hit the hard cap, we will likely allocate approx 15% of the funds for marketing, but please be aware that this could change. Probably will be more.

because we are accepting eth, btc, and fiat. Moreover, ensuring proper kyc strengthens our position when speaking with telco's and central banks.

Of course. Regulatory risks are there for everyone in the space, but specifically for us, we need to focus on telco's and central banks. As we plan to move into a suite of financial services, so attaining a banking license might have to happen as well.

Okay that makes sense, thanks.

I see. Can you disclose the law firm that's consulting on these delicate matters?

15-20% seems like the sweet spot. Any less, and you're missing out on money. Any more, and you might be past the point of diminishing returns.

So are there any features Telcoin will offer besides sending and receiving money?

This would be easily scalable right?

Interesting. On which blockchain technology will your currency be based? What consesus algo PoW or PoS?

We are using Morrison & Foerster (https://www.mofo.com/ (https://www.mofo.com/)) both in Singapore and in Washington DC.

Very true! It is a delicate balance. It all depends on how much we raise and how much organic growth we have

Better safe than sorry with all the regulation that they're coming up with out of seemingly thin air.

Can you give me a simple breakdown of how the blockchain works with SMS technology?

I'm sure you guys will figure it out. Best of luck on it.

Don't want this to get buried.

Will you try to decrease token validity?

I'm curious what you will do with any unsold tokens.

That's a bold name, MoFo. I like these guys already lol.

I'm also curious about this.

When is the next token sale?

Will they be burned?

a very interesting project in my opinion,
only that's not quite understood to invest in the project at this stage, need at least 100 000?

Are the telecommunication companies considered partners? Any way we can verify they are in talks with Telcoin?

very good information, I love to hear it.
what is the difference between telcoin and other coin2?

thanks for the answer
regards

This is the best name. They would get all my business.

Haha, my thoughts exactly. I'm just a child with too much money and time on my hands.

Do you guys have a bonus program?

Are you guys taking time off for the holidays?

Totally understandable if they are. I'm supposed to be taking time off right now, but I can't help but keep up with everything especially after a day like yesterday.

                                                         Telcoin ICO Review (RUS) for Russian-speaking people!         https://youtu.be/lBZ-_xYnubI
                                                                               https://twitter.com/Kaznachej123/status/945099571453153280               

                    Your project Telcoin seems amazing! I have decided to record a video about your company to show people who speak Russian the main idea of Telcoin

                                   https://s8.hostingkartinok.com/uploads/images/2017/12/79a5bbe127f4d98cd1a9dc65ffa2e59c.jpg (https://youtu.be/lBZ-_xYnubI)

Once they announce deals with the huge telecommunication multinationals in Q1, telcoin will attact a lot of attention

It has a very strong team and vision.

This project is a scam done by Yace.

see the below link: https://bitcointalk.org/index.php?topic=2579141.new#new

Hello  ::)
tell me, can I still take part in the campaign bounty?
I'm interested in bounty blogs - I want to write an article about your project
my blog profile: https://medium.com/@RiGusarova

We want to eventually expand to a suite of services including micro-lending and financing.

no tokens will be unsold or burned as we will distribute all 25% of the total supply in proportion to how much money was raised

We have OFFICIALLY reached the softcap, so Telcoin is a go from here on out. We are now shooting for the hardcap.

We have 3 POC's/pilot programs in place with Etisalat, Veon, and MTN. We can give you more details, but we would need you to sign an NDA  ;)

OW TO CALCULATE THE VALUE OF ONE TELCOIN

We are selling 25% of the whole telcoin supply during this ICO. Put differently, this means that all the funds invested during the pre-ICO and ICO phase will stand for 25% of the whole telcoin supply value. And because we have a limited telcoin supply of 100 billion coins, the value of 1 telcoin will be calculated automatically at the very end of the ICO using the following formula:

(Total amount of funds raised during the pre-ICO and ICO phases) ÷ 25% ÷ 100,000,000,000

Ex: If we reach out hardcap of $25M, the value of 1 telcoin will be $0.001

Memo: We used to say we're selling 20% of the supply and keep 5% bonus pool separately, but for technical reasons we have merged this two entities into a 25% pool.

WHAT BONUS CAN I GET?

・100 ETH: 5% bonus (limited to first 100 ppl)
・150 ETH: 7% bonus (limited to first 75 ppl)
・200 ETH: 10% bonus (limited to first 50 ppl)
・250 ETH: 12% bonus (limited to first 30 ppl)
・300 ETH: 15% bonus (limited to first 20ppl)

If you plan to invest more than 500 ETH, contact us directly to discuss a custom bonus.

We also have a cumulative time bonus which unfolds as follow:

・+10% if the investment is made before we reach $10M equivalent in ETH.
・+5% if the investment is made when we have gathered between $10M and $20M equivalent in ETH.

Ex: If you make an investment of 300 ETH now, you will get access to 15+10=25% bonus.

We also offer a 5% referral bonus. If you refer a friend to invest into our ICO, you are eligible to a bonus equal to 5% of the amount invested by the friend you've referred. To achieve this, please provide them with the public key address you registered with us and make sure they enter it as a referral address.

With this, you never get time off. Maybe just different locations  ;)

Great Video! Thank you very much for this!

I like this project but the valuation is an issue for me, $25 million for 25% of the token is too high, that gives the project $100 million valuation, it just too high for me

No project called "Ian Balina" was positive, but there was no scam. I trust the project very much. I will invest.

How much of the coin will be available to buy after the ICO?

i am really interested in this project. good roadmap, dev members

Okay, thanks for the response.

I guess I need to look into the MM API. Looks like it's essential to your project.

I would seriously be happy to do this. I think your partnerships with the telecom companies will make or break this ICO. If you can prove they're on board, I'm going all in.

Is it possible to purchase coins from operators which are located in other countries?

Anybody know, when this token will be listing on exchanges? Anyway, I think its a great project like DENT

Thank you!! ;D ;D

Thank you for the kind words!

We are in discussions now with multiple exchanges and are looking to be listed about a month after the ICO is finished

The ICO of the Telcoin coin program is still in progress. So the plan of the stock exchange is closed up. Maybe the project side should take a look at the extent of the raise, and decide which of the above are suitable. :D

It's good news to get ready for a number of exchanges. Bittrex, binance, Huobi, this kind of market trading volume is big and well known. ::)

Great minds think alike! We are currently in discussions and are working out a rollout plan for these  ;D

For sure! If you have any rec's besides the ones above, feel free to pass them on! Thanks!

Will you guys be at any blockchain conferences anytime soon?

Did you guys decide to do a bounty campaign?

With dozens of new ICO's every day, are you guys able to identify new competition?

Do you expect the value of the tokens to grow, or stay stable?

Yes!!

Dubai International Blockchain Summit - Jan 8 (Speaking)
https://dibs.ae/ (https://dibs.ae/)

World Crypto Economic Forum - San Francisco Jan 15th (On the floor)
http://wcef.co/ (http://wcef.co/)

The North American Bitcoin Conference - Miami Jan 18th (Speaking)
https://btcmiami.com/ (https://btcmiami.com/)

Our bounty program is HUGE!!!!!

https://bitcointalk.org/index.php?topic=2578884.480 (https://bitcointalk.org/index.php?topic=2578884.480)

Everyone is trying to tackle remittances in different ways, but we are pretty sure no one is doing exactly what we are with the same competitive advantage

It will grow as we scale and start getting adoption for sure, but it is tough to say how much it will grow.

[/quote]

Very good project

In the first page, I saw the brief explanation on how this Telcoin wallet works. Bob buys $1000 and Alice receives $980 only? Is that figure is just an example? Because if it is real, then it means that in every transaction we have in Telcoin, less 0.2% for transaction fee? It is around $20 and I guess it is quite expensive. Clarify this one please.

That's so cool. I'm going to try to make it Jan 18th. Only a few hour drive for me.

Huge you say? Like over the moon huge? lol, thanks for the link.

Which is your connections to telecommunications companies, right?

if you are going to  use Ethereum platform how long will that take to make a transfer via your system? Just average. Have you tested it yet? Ethereum has a problem with scalability and your plans include well populated areas. How are you going to handle huge traffic?

That's always the hard part.

Lambo rocket huge  ;D

this is a problem we are acutely aware of. We are moving forward at the moment with ethereum, but we are wallet & blockchain agnostic and will be eventually moving to another one that will allow us to scale and transact quicker.

Maybe one of these new DAG based crypto's I'm hearing about. Like RaiBlocks or Byteball?

Now my regular old Lambo seems boring, I need rocket engines on it. When does the bounty end anyway?

Do you think there are any risks for the company?

At what point do you think would be a good time for early holders to exit?

When is the next token sale?

continued success for this project, I am very happy to read this project is very unique and nice project.

Sorry, I mean to say volatility. Will you try to decrease token volatility?

Just wondering how long I have?

Thanks for posting! I'm going to get right on this.

Wow! So you can get a 30% bonus for referring a person and investing in 300 ETH. With how much I expect this coin to appreciate in the first year, that 30% could be huge!

Which main countries do you think you will be targeting?

Congratulations Telcoin. You have made it so fast and finished ICO still 2017. Hardcap reached 42 days before deadline - amazing.
Happy New Year, and see you next year!

I think hard cap is a decision to find the best middleground for everyone, and I hope we stroke a good number!

 Dear community  ;D!

We have officially closed our ICO!!  Thank you to all who participated to reach our $25 million hardcap In just 20 days!  All of you that have participated or were even thinking about participating are amazing.

If you have any questions comments or concerns please send them to our telegram channel as this thread will be discontinued soon. Again, we really appreciate all of your contributions, questions, words of encouragement, and thoughtfulness.

https://t.me/telcoincommunity (https://t.me/telcoincommunity)

Happy new year and see you on the moon!

Chris