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About Telcoin
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Exchanges:
KuCoin, Quickswap, Balancer, Uniswap, 1inch Exchange -
Telcoin (TEL):
Native medium of exchange, reserve asset, and protocol token of the Telcoin platform -
Telcoin Platform:
User-owned, decentralized financial platform powered by active Telcoin users, Mobile Network Operators, and Mobile Financial Service Providers -
Established:
July 2017 in Singapore -
Launch Product:
Telcoin Remittances, focused on high-speed, low-cost digital money transfers -
Version 3:
Introduced two user-owned financial products
About Telcoin: Empowering Global Financial Inclusion
Presently, the premier exchanges for trading Telcoin are KuCoin, Quickswap, Balancer, Uniswap, and 1inch Exchange. For a comprehensive list, please refer to our dedicated crypto exchanges page.
Introducing Telcoin (TEL): A Revolutionary Cryptocurrency
Telcoin (TEL) serves as the native medium of exchange, reserve asset, and protocol token of the decentralized, user-owned Telcoin financial platform. By leveraging TEL, end users can effortlessly access and power a comprehensive suite of decentralized, user-owned financial products on a global scale. The TEL incentive mechanism coordinates the efforts of market participants, including telecoms and active users, to deliver value-added services to end users of the platform, thereby aligning the incentives of the Telcoin ecosystem towards providing universal access to fast, affordable, and user-owned financial products for every mobile phone user worldwide.
For a comprehensive overview, please refer to our formal documentation, accessible at
https://www.telx.network/about/what-is-telcoin-(tel)
.
Explore how market participants leverage TelX to unlock new opportunities:
https://www.telx.network/about/how-do-market-participants-use-tel
The Telcoin Platform is a decentralized financial ecosystem, empowered by a synergy of active Telcoin users, Mobile Network Operators, and Mobile Financial Service Providers. By converging telecoms around a user-centric, decentralized financial platform, Telcoin strives to democratize access to fast, affordable, and superior financial products, surpassing traditional banking services, for every mobile phone user worldwide.
Telcoin Pte. Ltd., founded in July 2017 in Singapore, harnesses the power of blockchain technology to bring decentralized financial services to any mobile device. The company’s inaugural product, Telcoin Remittances, specializes in high-velocity, low-cost digital money transfers to mobile money platforms and e-wallets. By forging partnerships with telecom, mobile money, and e-wallet providers worldwide, Telcoin Remittances ensures that sending money is a convenient, affordable, and secure experience.
Telcoin has recently unveiled Version 3 of its platform, introducing two innovative, user-owned financial products: The Send Money Smarter Network (SMS), a pioneering, global remittance network owned and operated by its users, and TELxchange, a decentralized digital asset exchange that empowers users with full control and ownership.
Telcoin operates under the regulatory purview of the Monetary Authority of Singapore as a licensed Major Payment Institution. Additionally, it is registered and regulated in multiple global markets, including Canada and Australia. The company maintains a significant presence, with primary offices situated in Singapore, Tokyo, Dubai, and Los Angeles. Furthermore, Telcoin has been an active member of the GSMA since February 2018.
Meet the Visionary Behind Telcoin: Paul Neuner. Founded in 2017, Telcoin is the brainchild of Paul Neuner, a seasoned entrepreneur with a storied 12-year tenure in the realms of telecommunications and cybersecurity. A distinguished alumnus of the University of Notre Dame, Neuner’s professional journey has traversed the globe, with extensive stints in the Middle East and Asia.
Prior to his current endeavors, Neuner co-founded Mobius, a pioneering startup that specializes in providing cutting-edge fraud management solutions to mobile network operators. In 2018, he went on to establish Sedona, a trailblazing next-generation telecom fraud management service that offers innovative, sovereign mobile financial services.
What Sets Telcoin Apart?. Telcoin’s mission is to commoditize decentralized finance into intuitive, automated, and user-centric applications, and subsequently distribute these innovative products and services through telecom operators to every mobile phone user globally.
With a staggering 5 billion users, telecom operators are uniquely positioned to offer the largest existing global customer base, comprising known retail users, seamless access to financial products through the mobile devices they use daily.
DeFi has revolutionized the financial landscape by empowering the creation of user-owned, automated, and non-custodial applications that are universally accessible via the internet, executing code-driven transactions that bypass traditional intermediary institutions.
Telcoin is capitalizing on this market opportunity by forming strategic alliances with telecoms, thereby empowering them to offer their subscribers innovative, decentralized, and automated financial products, while mitigating a significant portion of the traditional finance sector’s counterparty, execution, and custody risks.
What is the Circulating Supply of Telcoin (TEL) Tokens? As an Ethereum blockchain-based project, Telcoin boasts a unique token distribution model. At its inception in 2017, 25% of the tokens were allocated to investors through a crowdsale. Meanwhile, the Telcoin Team retained 15% of the tokens, with an additional 5% set aside for a liquidity fund.
The network’s token supply is capped at a fixed maximum of 100,000,000,000 TEL. To date, approximately 50% of the total tokens, equivalent to 50,270,110,195 TEL, have been issued and are currently in circulation.
Telcoin’s Security Framework: Leveraging Ethereum’s Unparalleled Security. As an ERC-20 token native to Ethereum, one of the world’s most secure computing networks, Telcoin ensures the utmost security for its users. Through the Telcoin Mobile Application, users can safely store and transact their assets utilizing a 2-of-3 multi-signature Ethereum wallet, eliminating the need to worry about securely generating and storing alphanumeric private keys or 12- to 24-word secret phrases.
Where Can You Acquire Telcoin (TEL)? Despite being a highly sought-after crypto asset, only a limited number of exchanges offer the facility to purchase TEL tokens in exchange for fiat currencies. However, you can acquire TEL tokens by exchanging them for prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
The premier platforms for acquiring, divesting, and exchanging Telcoin (TEL) at present are:
KuCoin, a prominent cryptocurrency exchange,
Uniswap, a pioneering decentralized exchange, has revolutionized the realm of cryptocurrency trading.
The Balancer
The 1inch Exchange
SushiSwap
SushiSwap (Polygon)
Quickswap (Polygon)
Bilaxy Exchange