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About Telcoin
Telcoin (TEL)
Telcoin is a revolutionary cryptocurrency designed to bridge the gap between traditional financial systems and the decentralized world of blockchain. Built on the Ethereum blockchain, Telcoin aims to leverage the extensive reach of mobile telecom operators, making it accessible to users globally.
Key Features
- Decentralized Remittances: Telcoin reimagines how remittances are sent, allowing users to transfer funds to over 20 countries at a minimal fee of 2% or less for transactions of $200 or equivalent, significantly reducing the cost compared to traditional methods.
- Telcoin Wallet: Securely send, store, and swap digital assets with ease. The wallet operates on the Polygon Network, ensuring high speed and low transaction costs.
- Community Governance: The launch of the Telcoin Association empowers users to partake in governance through the Telcoin Governance Improvement Proposals (TGIPs), fostering a community-driven approach to platform development.
- Scalability and Security: The Telcoin Network is a public, EVM-compatible blockchain that is secured by global mobile network operators (MNOs), ensuring the safety and integrity of digital assets.
Financial Inclusion
Telcoin is dedicated to providing low-cost financial solutions to every mobile phone user worldwide, aiming to enhance financial accessibility for underserved populations. With Telcoin, users can send money smarter, enabling them to conduct seamless transactions across borders.
Tokenomics
The native token, TEL, is a scarce digital asset with a maximum supply of 100 billion units. It plays a crucial role within the Telcoin ecosystem, utilized by both miners and consumers to access various services and features.
Integration and Ecosystem
Within the broader context of Decentralized Finance (DeFi), Telcoin supports the TELx network, which comprises liquidity pools that facilitate user-owned, automated exchanges while ensuring self-custody of assets. The Telcoin Application Network (TAN) further integrates mobile applications, enhancing user engagement and service accessibility.
Telcoin stands at the forefront of the convergence between telecommunications and blockchain technology, offering innovative solutions that aim to transform the financial landscape for users around the globe.