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.
Still curious about this. Apologies for the delay! Yes, we have secured selected POC agreements starting Q1 with Aritel, Etisalat, MTN Group, Veon, and Tunisia Telecom.
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What would you say is the biggest motivator for the founders?
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
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How big is your team right now?
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_teamAlso, 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.
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How would you explain how it works to a common person on the street though, unfamiliar with blockchain?
Also, you obviously expect huge market opportunity, but any precise estimates? 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. 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.
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So anyone with an active cell phone number will be able to get in on this?
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.
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Your timeline is a roadmap, but I would like to know more details. will there be a detailed roadmap?
We are working on one now, but if you're looking for specific information, i'll be happy to answer any questions you have!
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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.
We are currently in final discussions for POC with Tunisia Telecom, Etisala, Veon, Aritel India, and MTN group.
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When can we expect to see this on exchanges?
It will be available on exchanges 30 days after the ICO is over
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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
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Which currency will be accepted during the ICO?
We will be accepting ETH & BTC
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Is Telcoin project has a bounty program sir.?? I would like to participate on it.. thanks
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.
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ICO Date:December 15th - December 23rd ,there have 1 month be ready to join , i should learn about it carefully.
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
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Will be a discount for early ICO bidders? 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.
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Feel free to ask any questions you may have!
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Whitepaper:http://www.telco.in/docs/whitepaper.pdfRecent Blog Articles:https://medium.com/@telcoin/how-cryptocurrencies-can-make-transparent-disaster-relief-really-work-46c8ddc38cadhttps://medium.com/@telcoin/blockchain-based-remittances-will-lead-to-a-revolution-in-financial-inclusion-b3cde723bdb0https://medium.com/@telcoin/introduction-to-telcoin-f7d9cbe47ffcPress:CNBC - https://youtu.be/oc7xTtTnXxsInc. - https://www.inc.com/bill-carmody/4-revolutions-made-possible-by-blockchain-economy.htmlCoinTelegraph - https://cointelegraph.com/news/the-blockchain-token-that-simplifies-entry-and-adoption-into-the-ecosystemSouth China Morning Post - http://www.scmp.com/business/money/stock-talk/article/2123032/telcoin-eyes-fundraising-cryptocurrency-demand-asia-risesTechInAsia - https://www.techinasia.com/talk/asia-unbanked-telecom-cryptocurrencyFinews.Asia - https://www.finews.asia/finance/26034-tapping-into-the-unbanked-in-asia-using-telecom-cryptocurrencyGet in Touch:Telegram: http://t.me/TelcoinCommunityGitHub: https://github.com/telcoinBlog: https://medium.com/@telcoinReddit: https://reddit.com/r/telcoinTwitter: https://twitter.com/telcoin_teamLinkedIn: 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/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
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I would check out (i have an interest in) LTC, ETH, DASH, XMR, ETC, BCN, DOGE, BCC, and EMC. All great teams, whitepapers, they are solving problems, and have potential. But still waiting for the great ALT rocket to shoot back up post fork. We shall see, but it i'm pretty bullish on the ALT side and am looking forward to the up & up.
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I would check out (i have an interest in) LTC, ETH, DASH, XMR, ETC, BCN, DOGE, BCC, and EMC. All great teams, whitepapers, they are solving problems, and have potential. But still waiting for the great ALT rocket to shoot back up post fork. We shall see, but it i'm pretty bullish on the ALT side and am looking forward to the up & up.
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I would check out (i have an interest in) LTC, ETH, DASH, XMR, ETC, BCN, DOGE, BCC, and EMC. All great teams, whitepapers, they are solving problems, and have potential. But still waiting for the great ALT rocket to shoot back up post fork. We shall see, but it i'm pretty bullish on the ALT side and am looking forward to the up & up.
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