When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Telcoin.
What is Telcoin?
Telcoin is an all new mobile cryptocurrency that carefully focuses on integrating cryptocurrencies with mobile networks worldwide. Telcoin envisions making the conversions between telecom mobile money and prepaid credit and postpaid billing platforms much less burdensome. They want the process to be completely effortless. Other core features of this service include:
Compliant with telecom operator guidelines: This platform stays in line with all international telecom regulations. Also, it will be entirely distributed through GSMA mobile network operators.
Widespread Accessibility: Telcoin partners with all of the main mobile network providers across the globe. They do that in order to bring its crypto-based service to over 5 billion mobile users.
Market Research Based: The platform has built on a concrete foundation of the Ethereum blockchain. Analysts have predicted that this market segment has the capability to bloom into a potential goldmine in the coming future. As a result of this, Telcoin inherits the potency of a trusted network.
How Telcoin Works
The company follows a model wherein it distributes its own token (the Telcoin) to mobile networks pursuant to an extremely incentivized model. Telcoin tokens will also be dispersed to mobile networks at an annual rate of 5%. The hope is for the cryptocurrency to gradually phase over to the mobile market.
Other Key Features
Incentivized acceptance: Any person who adopts this network right away becomes “part of the family”. Such party is also entitled to receive constant token based bonuses.
System Flexibility: Flexible “token pricing and exchange API” enables for complete interaction of this platform with mobile networks.
Safe Wallets: the company provides all of its customers with the TenX Wallet. However, the company has also stated that in the near future, they aim to help release their very own brand of wallets that will cooperate and work in conjunction with any operator or third-party payment platforms.
Mobile-friendly: Finally, Telcoin is unique in the sense that it is already fully integratable with our mobile spending habits. The platform allows us to make international remittances, online payments, mobile credit top ups and ad hoc transfers.
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