A solid model for telecom adoption
Telcoin issuance to telcos will occur at a rate of 5% annually for a period of 10 years following the ICO, distributed to GSMA mobile networks continuously based their stage of Telcoin integration.
Connecting to Telcoin will make an operator immediately qualify to receive continuous Telcoin issuance. Networks with more Telcoin exchange traffic will receive more.
Flexible Telco API
The Telcoin pricing and exchange API allows interaction with mobile network IN prepaid platforms, postpaid billing systems, and mobile money accounts, via SMS, USSD, REST APIs, and Diameter.
We will immediately offer the TenX wallet, but will also help telecoms release branded Telcoin wallets and will cooperate with any operator proprietary or third-party wallets.
Telcoin is a new cryptocurrency based on the Ethereum blockchain that will be distributed by your
national telecom operator and made available to everyone, anytime, anywhere. This is the core of
our business, and mobile network operators will be at the center of our strategy.
Telcoin is the first cryptocurrency to tap into synergies between the reach of mobile telecoms and
the fast, borderless nature of blockchain technology. According to the World Bank, there are
nearly five times as many mobile phones in the world (5 billion), as there are active bank accounts
(1.2 billion). It’s a lot easier to access mobile phone services than banking services, and we aim 1
to capitalize on that disparity.
We will initially offer Telcoin to our mobile network partners, providing their customers with
seamless access to the digital economy: online remittances, transfers, payments, and ecommerce.
We will also provide the necessary marketing and product development resources to
nurture the Telcoin ecosystem, in a joint effort with our telecom partners.
Our objective is not to compete with telecom mobile money, but to cooperatively participate in the
overall mobile money ecosystem. We see ourselves as a complementary solution; a tool that will
increasingly bring users to mobile money, cryptocurrency-backed solutions, and mobile wallets.
Our goal is to become one of the cornerstone financial inclusion efforts of the 21st century and
we want to cooperate with actors who we believe can play a critical role in this process, namely
mobile network operators.