Telcoin is a decentralized financial platform that allows users to access a global suite of user-owned financial products. It serves as a medium of exchange, reserve asset, and protocol token, incentivizing market participants such as telecoms and active users to provide value-added services to end-users.

The Telcoin ecosystem is aligned towards providing every mobile phone user in the world with access to fast and affordable financial products that are user-owned. Telcoin Remittances, the company's launch product, provides low-cost, high-speed digital money transfers to mobile money platforms and e-wallets. The recently launched Version 3 of the platform includes two user-owned financial products, The Send Money Smarter Network (SMS) and TELxchange, a decentralized digital asset exchange.

Who are the Founders of Telcoin (TEL)?

Paul Neuner, an experienced entrepreneur in the telecommunications and cybersecurity industry, founded Telcoin in 2017. He has lived and worked in various parts of the world, including the Middle East and Asia, and is a graduate of The University of Notre Dame. Prior to his involvement with Telcoin, Neuner co-founded Mobius, a startup that provides fraud management services for mobile network operators. He also founded Sedona, a next-generation telecom fraud management service that offers sovereign mobile financial services.

What makes Telcoin (TEL) Unique?

Telcoin's objective is to make decentralized finance into simple, automated, and user-owned applications, and distribute those products and services through telecoms to mobile phone users worldwide. Telecoms have more than 5 billion users, making them the largest existing base of known global retail users. DeFi has already transformed finance by allowing user-owned, automated, non-custodial applications that are accessible to anyone with an internet connection and that execute in code rather than through intermediary institutions. Telcoin is capitalizing on this opportunity by partnering with telecoms and allowing them to offer superior, decentralized, automated financial products to their subscribers while assuming only a fraction of traditional finance counterparty, execution, and custody risk.

How do Network Consensus and Validation Work on Telcoin (TEL)?

Telcoin operates on the Ethereum blockchain and employs a hybrid consensus mechanism comprising Proof-of-Stake (PoS) and Proof-of-Concept (PoC). In PoS, validators are motivated to participate in the network by submitting a stake of ETH, which they can use to earn rewards for helping to secure the network.

What is TEL Used For?

TEL is a cryptocurrency that is commonly used for quick and affordable international money transfers among Telcoin users. Additionally, TEL is utilized for staking and liquidity farming on Telcoin's TelX DeFi platform.

Conclusion

With its growing partnerships and innovative solutions, Telcoin has the power to transform the global financial industry. By offering accessible and efficient financial services, Telcoin can provide millions of individuals with the support they need.

coin.about_expand

what_is.current_price:

$0.001375what_is.more_price_detail

what_is.price_high:$0.06490

what_is.price_low:$0.{4}6516

what_is.supply_title

what_is.circulate_supply:91,149,420,000 TEL

what_is.total_supply:100,000,000,000 TEL

what_is.max_supply:100,000,000,000 TEL

what_is.market_cap:$125.31M

what_is.fully_cap:$137.48M

what_is.tokenomics:

what_is.token_uniqueness

Telcoin aims to productize decentralized finance into seamless, automated, user owned applications and distribute those products and services through telecoms to every mobile phone user in the world.

With over 5 billion users, Telecoms are positioned to provide the largest base of existing, known global retail users with access to financial products via mobile phones they use every day.

DeFi has revolutionized finance by enabling the creation of user owned, automated, non-custodial applications accessible to everyone with an internet connection that execute in code rather than through intermediary institutions.

Telcoin is capturing this market opportunity by aligning with telecoms and enabling them to distribute superior, decentralized, automated financial products to their subscribers, taking on a fraction of traditional finance counterparty, execution, and custody risk.

what_is.token_utility

Telcoin (TEL) is the native medium of exchange, reserve asset and protocol token of the Telcoin user-owned, decentralized financial platform. TEL enables end users to seamlessly access and power a global suite of user owned, decentralized financial products. TEL incentives coordinate market participants, such as telecoms and active users, to provide specific value added services to end users of the platform, aligning the incentives of the Telcoin ecosystem towards providing every mobile phone user in the world with access to fast and affordable, user-owned financial products.