10 Things to know about Telcoin

I) “Telcoin is a new cryptocurrency based on the Ethereum blockchain that will be distributed by your national telecom operator and made available to everyone”

II) Telcoin is equavalent of money tokens that can be transferred between 2 users from one user to another.

III) One can use Telcoin to make payments to anywhere anywhere as long we know their mobile phone number

IV) Even those who do not have a bank account can use Telcoin to send and receive money using Telcoin.
"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"
Telcoin can fill the void in the lives of those who do not have a bank account and this is a big number.
"2 billion people are unbanked - meaning that more than 35 percent of the global adult
population still doesn't have access to basic financial services."

V) Telcoin tokens can be obtained from the the phone telecom provider.

VI) Sending and receiving money using Telcoin is much faster and cheaper then using money senders like Western Union. The average money sending fee is around 7.42 %
Where as while using Telcoin the fee is 1/3rd that of the average fee and works to about 2.5%

VII) Telcoin is a EC20 token with a supply of 100 billion coins.
Telcoin feels and a lot like real money. Like money in the real world. Telcoin tokens are rounded off after the 2 places of decimal. So one would see and use Telcoin as 3.21 & 5.42 instead of long decimals used in crypto world like 3.210037 etc. This gives it a feel like real money.
VIII) A user can convert the Telcoin money in the wallet into his local currency. So using Telcoin one can move money between local currency and cryptocurrencies.
IX) Participating in the ICO is an opportunity to get obtain Telcoin and tap the over US$500B remittance market.
As per projections the mobile payments are projected to surpass US$2 trillion by 2020. Telcoin can capture a major chunk of this business as it offers lower cost of remittance and quicker , more convenient mode of transactions.

X) The Telcoin ICO starts on 11/December/2017
More Information & Resources:

Telcoin
Telcoin WhitePaper
Telcoin Twitter
Telcoin BTCTalk
https://steemit.com/cryptocurrency/@originalworks/150-steem-sponsored-writing-contest-telcoin
This post is for information purpose only Please do due diligence and research before investing
telcoin2017