What Is Telecoin?
Telecoin is an open source, peer-to-peer, community driven decentralized crypto currency with its own economy that allows its users to store and invest their wealth in a non-government controlled currency. This means anyone holding Telecoin in their wallet will receive interest on their balance in return for helping maintain security of the network.
“We Intend To Take Telecommunication To The Blockchain And Build Telecommunication Products And Services Powered And Fueled By The Blockchain Technology Taking Advantage Of The Huge Following And Adoption Of The Telecom Industry”.
ICO Structure
Our ICO solution is a 2in1 ICO revolution solution which comprises of the Pre and the Post ICO solution. A purchase into the Pre ICO guarantees ownership of the Post ICO coin. This means that anyone who participates in the Pre ICO will be awarded our post ICO coin once it is developed without making any payment or purchase and only Pre ICO participants will be awarded the coins developed for the post ICO.
The Pre ICO Solution
The pre ICO solution consist of the main ICO which will help us raise the need funds for the development of our road map projects and products. This ICO solution will be making use of the ERC20 standard coin ICO solution built on the ethereum blockchain. In this solution we will be releasing 1Billion ERC20 standard token to ICO participants at an ICO starting price of 0.40USD with a minimum purchase of 50USD and a maximum purchase of 1BTC or 10ETH. This coin will be tradable on external and internal exchanges and would be used as part of the telecom blockchain economy as means of barter and exchange but would not be used for our staking programs.
The Post ICO Solution
The post ICO solution is where we will after the ICO develop a Pow/Pos algorithm coin of about 55million with its own blockchain and hashing algorithm with a premine of 20%which will be distributed freely among all ICO participants based on the % of Pre ICO purchase. This coin will be stakable and will also form a part of the telecom blockchain economy as a means of exchange and barter for telecom goods and services, purchase and transactions, subscriptions and payments.
Visit www.telecoin.co to know more