Bitcoin
Bitcoin$41 986.86

4.99%

Ethereum
Ethereum$2 468.20

1.75%

Tether
Tether$1.00

0.05%

Binance Coin
Binance Coin$322.89

0.40%

Cardano
Cardano$1.32

1.38%

XRP
XRP$0.751800

-0.07%

Telcoin (TEL) Price, Market Cap and Information


Telcoin (TEL) Buy Telcoin Now
Telcoin (TEL) Telcoin (TEL) is an Ethereum-based decentralized crypto established in July 2017 in Singapore to be the bridge between cryptos, blockchain and the telecommunication industry...
CVIX 50
Current price $0.019272
Change 24h -0.03%
Change 7d 15.36%
Market Cap $1 043 721 448
Available supply 54 157 110 195 TEL
Volume 24h $17 918 768
Updated Saturday, July 31, 2021 3:00:07AM UTC
Nature Coin
Mineable No
Discussion
WWW Website

Telcoin price change 24 hours

Telcoin Short Term Forecast

After Price Change
1 day $0.021838 13.31%

Telcoin Price Predictions

Telcoin General Information

General TEL facts, technical details and Telcoin Cryptocurrency information

Telcoin (TEL) is an Ethereum-based decentralized crypto established in July 2017 in Singapore to be the bridge between cryptos, blockchain and the telecommunication industry. The project aims to partner with leading names in the telecoms industry like Verizon and AT&T to remove the hassle that exists between billing platforms and mobile money.

The main focus of Telcoin is the remittance market, where Western Union is currently the clear leader. Telcoin is partnering with global telecoms and mobile money platforms to provide users with high-speed, low-cost digital remittances to mobile money platforms and e-wallets.

Telcoin (TEL) is an ERC-20 token based on the Ethereum blockchain. TEL is used in the telecoin ecosystem for making payments on e-commerce websites.

Who Are the Founders of Telcoin?

In 2017, Paul Neuner and Claude Eguienta co-founded Telcoin to help users transfer money globally in seconds. Paul Neuner, who serves as the chairman & CEO of Telcoin, has amassed over 12 years in the field of telecommunication before venturing into the world of blockchain.

His earliest involvement as a tech entrepreneur in the telecom space starts with Mobius, a startup that provides fraud management services for mobile networks. In 2012, he founded Pangea K.K., a software mobile application development company based in Tokyo, Japan.

Before establishing Telcoin, in March 2017, he started Ikou, a mobile app for creating and organizing events. In 2018, he started Sedona, a next-gen telecom fraud management service that focuses on securing sovereign mobile financial services.

What Makes Telcoin Unique?

The main focus of Telcoin is the remittance markets. While there are almost five mobile phones to a bank account in existence, people still queue up to send money from high-cost remittance agents, with Western Union being the largest. Leveraging the power of blockchain, Telcoin is bringing people in the developing world a faster, low-cost alternative to remittance services. To achieve this, Telcoin works with mobile operators and e-wallets globally, allowing them to reach a broad base of users with a contactless service.

Like every other decentralized digital asset, Telcoin gives its user complete access to their money via their phones. At will, users can send and receive money from anywhere in the world. The project is also centered around the user, keeping the platform as user friendly and as familiar as possible.

Telecom operators that connect to the Telcoin network are immediately able to issue TEL tokens. The network gives incentives; the more the TEL token traffic an operator has, the more incentives he gets from the network. The incentivized model of Telcoin offers extremely low fee services that are attractive to end-users but still profitable for networks, according to Telcoin.

How Many Telcoin (TEL) Tokens Are There in Circulation?

Telcoin is built on the Ethereum blockchain. At its launch in 2017, 25 percent of the tokens were distributed in crowdsale to investors. Another 15 percent were retained by the Telcoin Team with a 5 percent liquidity fund. The telecom operators' incentives described above makes up 50 percent of all the tokens. Community incentives and ongoing developments get on 5 percent of all TEL tokens.

The project launched with a fixed amount of TEL tokens. The max tokens on the network are fixed at 100,000,000,000 TEL. Currently, approximately 50 percent of the tokens (50,270,110,195 TEL) have been issued.

How Is Telcoin Secured?

Telcoin runs on an Ethereum-based blockchain. While it benefits from the security in the decentralization of the network, staking is not yet available on the Telcoin network. There are also no validators on the network; instead, it uses a proof-of-concept model. The partners of Telcoin, the telecoms that sign up to integrate TEL, are the equivalent of validators on the PoS blockchains. The telecoms get the rewards on the network.

To achieve better security, Telcoin implements multi-signature crypto security or a multisig model. This means that to complete a transaction on the Telcoin network, you would need at least two private keys. Users can set the number of keys required before a transaction is completed.

In addition to the proprietary Telcoin wallet, there is also an option of integrating other existing telecom mobile money wallets.

Where Can You Buy the Telcoin (TEL)?

Although TEL is a very popular crypto asset, few exchanges provide the facility to purchase TEL tokens against fiat. You can buy TEL tokens against cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The top exchanges for buying, selling, and trading in Telcoin (TEL) currently are:

Telcoin Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Jul 22 0.013925 0.013250 0.014603 770 662 833
Jul 23 0.014505 0.014341 0.016500 893 610 735
Jul 24 0.016706 0.016441 0.021619 1 023 026 402
Jul 25 0.019718 0.018614 0.021083 1 076 167 672
Jul 26 0.020913 0.018515 0.022370 1 065 732 629
Jul 27 0.019596 0.017602 0.020450 1 090 731 752
Jul 28 0.019813 0.018755 0.019966 1 045 580 041
Jul 29 0.019119 0.018727 0.019274 1 030 778 979
Jul 30 0.019456 0.018070 0.019490 1 055 536 073
Jul 31 0.019640 0.019105 0.019640 1 043 721 448

TEL/USD Price Charts

TEL to USD price chart – 7 days
TEL to USD price chart – 30 days
TEL to USD price chart – 60 days
TEL to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the Telcoin information, TEL Prices and TEL's Market Cap. For the most up-to-date prices please visit the Telcoin's official website.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Buy Bitcoin predictions 77.2% 45 $41 986.86 4.99% 24.66% $788 166 998 798 $34 624 816 663
2 Ethereum (ETH) ETH Buy Ethereum predictions 70% 54 $2 468.20 1.75% 16.33% $288 554 000 761 $19 692 055 872
3 Tether (USDT) USDT Buy Tether predictions 91.2% 1 $1.00 0.05% 0.05% $61 839 308 082 $59 803 502 175
4 Binance Coin (BNB) BNB Binance Coin predictions 82.4% 30 $322.89 0.40% 7.73% $54 290 227 286 $1 577 279 631
5 Cardano (ADA) ADA Cardano predictions 72.4% 54 $1.32 1.38% 8.96% $42 314 698 743 $1 602 041 460
6 XRP (XRP) XRP XRP predictions 74.4% 49 $0.751800 -0.07% 23.18% $34 817 679 983 $3 266 491 033
7 Dogecoin (DOGE) DOGE Buy Dogecoin predictions 72.8% 58 $0.209647 0.59% 8.26% $27 390 990 896 $1 615 319 976
8 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $1.00 0.02% 0.04% $27 322 463 331 $2 746 084 791
9 Polkadot (DOT) DOT Buy Polkadot predictions 64.4% 70 $15.87 3.31% 18.79% $15 548 672 324 $1 197 707 368
10 UniSwap (UNI) UNI UniSwap predictions 70.8% 57 $21.42 5.22% 14.62% $12 582 335 452 $529 591 320
11 Binance USD (BUSD) BUSD Binance USD predictions 92% 1 $1.00 0.02% 0.03% $12 289 073 939 $4 700 590 380
12 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 70.4% 59 $551.68 2.19% 20.23% $10 373 675 112 $1 985 582 029
13 Chainlink (LINK) LINK Chainlink predictions 70.4% 63 $22.26 11.69% 32.61% $9 861 435 186 $1 795 919 331
14 Litecoin (LTC) LTC Litecoin predictions 72% 54 $145.85 2.31% 15.75% $9 735 905 970 $1 574 102 021
15 Solana (SOL) SOL Solana predictions 74.8% 44 $33.47 3.88% 16.36% $9 123 938 624 $593 023 408

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.