What Is Telcoin?
Telcoin is a user-owned, decentralized financial platform powered by its active users, mobile network operators (MNOs), and mobile financial service providers. It bridges telecoms and decentralized finance (DeFi) to offer fast, affordable, and superior financial products compared to traditional services.
Founded in 2017 in Singapore, Telcoin leverages blockchain technology to provide decentralized financial access via mobile devices. Its flagship product, Telcoin Remittances, enables high-speed, low-cost digital money transfers to mobile platforms and e-wallets.
Key Features:
- Regulated in Singapore as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS).
- Registered and compliant in Canada, Australia, and other global markets.
- Operates on the Ethereum blockchain, utilizing proof-of-concept (PoC) for transaction validation.
Three core components:
- Network (blockchain infrastructure).
- Telecom partners (mobile operators).
- Subscribers (end-users).
Telcoin ensures wallet security and seamless integration with telecom networks, allowing peer-to-peer token transfers.
Telcoin Founders
Telcoin was co-founded by:
Claude Eguienta
- Former CEO of Mimo.
- Co-founder of Kabotip.
- Software/system architect at CyberAgent.
Paul Neuner
- Co-founder of Sedona.
- Founder & CEO of Mobius Wireless Solutions Ltd.
Their expertise in telecom and fintech drove Telcoin’s vision to merge blockchain with mobile finance.
How Does Telcoin (TEL) Work?
Telcoin’s mission is to democratize DeFi by delivering automated, user-owned financial apps via telecom networks. With 5 billion+ mobile users, telecoms are ideal for scaling DeFi adoption.
Core Mechanics:
Decentralized Finance (DeFi) Integration:
- Non-custodial apps accessible via internet (no intermediaries).
- Smart contracts execute transactions autonomously.
Telecom Partnerships:
- Mobile operators act as gateways for borderless financial services.
- Enhances TEL token utility (e.g., remittances, mobile money).
Incentivized Adoption:
- Fees deducted from TEL issuance, benefiting users and networks.
Flexible Telecom API:
- Supports USSD, REST APIs, SMS for carrier billing/mobile money.
Wallet Agnostic:
- Compatible with existing mobile money wallets or proprietary solutions.
Telcoin’s Ethereum-based ecosystem aims to become the go-to currency for telecom money transfers, especially in regions reliant on remittances.
Where to Buy Telcoin (TEL)?
Tokenomics:
- Circulating Supply: 56.97B TEL
- Total Supply: 100B TEL
Top Exchanges Listing TEL:
👉 Buy Telcoin on KuCoin
👉 Trade TEL on Bitrue
Other platforms include:
- Indodax
- Bilaxy
- Uniswap V2
FAQ
1. Is Telcoin a good investment?
Telcoin’s unique telecom-DeFi hybrid model positions it for growth, especially in emerging markets. However, research market trends and risks before investing.
2. How does Telcoin differ from other DeFi projects?
Unlike pure DeFi protocols, Telcoin partners with telecom providers to onboard mobile users, enhancing accessibility.
3. Can I stake Telcoin?
Staking options depend on exchange support. Check platforms like KuCoin for TEL staking programs.
4. What drives Telcoin’s price?
Demand for remittance solutions, telecom adoption, and DeFi integration influence TEL’s market value.
5. Is Telcoin secure?
Yes, it uses Ethereum’s blockchain and PoC validation, ensuring transaction integrity.
👉 Explore Telcoin’s latest price trends
Note: Always verify exchange details and compliance in your region.