Table of Content
INTRODUCTION
- WHAT IS TELE COIN
THE PROBLEM
THE SOLUTION
- TELE FONE
- TELE WALLET
- UNIQUESNESS OF TELE COIN
TOKENOMICS
TEAM BEHIND THE INNOVATION
BOUNTY OPPORTUNITIES
OTHER NECESSARY INFORMATION
Author’s Piece
I, first like all my readers to carefully understand my detailed analysis of the project under study, ther I seek you read thoroughly to extract the wisdom behind this project, nevertheless, this article is an excerpt of the whitepaper and website publication, which I analyzed to a lay man level of comprehension. Thanks as you read through.
INTRODUCTION
WHAT IS TELE COIN AND TELE MAIN NET?
Tele Coin is a peer-to-peer anonymous crypto currency project that is built using high-end encryption.
TELE Main Net is an open-source Hybrid Blockchain with the goal of providing a long-term, energy-efficient, cryptocurrency with advanced privacy and security features. Innovations such as Obfuscation, SwiftTX, and MasterNode feature, based on the basis of Bitcoin, Dash, and PIVX, as well as a bid proof protocol, were implemented to help further the field.
THE PROBLEM
Privacy and Security of customer data wasn’t safe and secured that it can be exposed to unnecessary cyber risk. This poses a threat to the communication industry as a whole globally. What then is the way forward? Let us look at what TELE COIN want to offer as solution and how they intend to solve this menace in the industry. Continue reading ….
THE SOLUTION
- Tele Coin is being developed to improve the privacy and security of transactions in a fast-paced globalized world of greater digital risks.
- It also provides a long-term energy-efficient private crypto-currency to the world.
- The protocols and technology that Tele Coin will implement are unique. The fact that this is based on Community Governance also means that this will take many directions in the future.
- They differ as they take Blockchain technology to the communications industry with the encrypted operating system they plan to build. Others have tried but Tele Coin has a unique and different approach and they will offer a free app that will show people some of these features. The network is currently undergoing beta tests and has beta wallets to download directly from the GitHub repository.
TELE FONE
Tele Fone is a secure, decentralized mobile phone that allows users not only the ability to control crypto assets via cold storage, but also the ability to store personal data/files and information directly in the blockchain. This also allows users to restrict, control and manage capabilities on the phone. This is a blockchain phone.
TELE COIN WALLET BENEFITS
- Simple to Use
- Encrypt Your Wallet from attacks
- Back-Up Capability
- Stake Personal Holdings to Power the Network
- Incentive-Based Structure — (Proof of Stake)
- Compatible with MacOS, Windows, and Linux
- Transparent Ledger
UNIQUESNESS OF TELE COIN
- The Tele Coin system has an ecosystem of 0 confirmation mechanisms. With this system, operations can be performed without the approval of many miners. In this way, long waiting queues are eliminated in other blockchains while operations are accelerated.
- With the Transfer surprise system, people can block the tracking of the digital money they send. Normally, it only needs to write the tx code for other users to see their actions. After that, the number of transfers and transfer fees made by others can be seen on the users‘ computer. This solves the security challenge of users
- Even people who meet the new blockchain can trade thanks to Tele Coin’s easy interface. Users only need to enter addresses in their wallets. Users can bookmark overused accounts if they want. Incorrect money transfers cannot be made on this system, where the name of the user or the account sent can be entered.
- Each user can participate in mining activities in exchange for the telex money he owns. As an alternative to traditional mining systems, this system uses little energy and does not require separate equipment.
TOKENOMICS
Token Details and IEO:
Token name: TeleCoin X
Ticker: TELEX
Platform: Ethereum
Token Type: Erc777
Fixed Supply Total: 15.5m
The IEO Platform: LATOKEN Exchange
Launch Period: 31st July – 30th August 2019
Price per TELEX token: $1.33 per token
Total Fixed Supply: 15.5 Million TELEX
IEO Supply: 12 Million TELEX on LAToken Exchange
Token allocation:
Public Sale (80%)
Company & Market Making Pool (10%)
Team & Developer Incentives (5%)
Bounty & Community (5%)
Use of funds:
55% -Trend-Setter & Tele-Fone (MobileApp, Software Dev, Web Wallet)
15%- 24 Months Dedicated Customer Support, Security, Administration Team
15%- Development Contingency, Listing fees
10%- Marketing Budget Over 24 Months
5%- Hardware, Licenses and Deployment Costs
TEAM BEHIND THE INNOVATION
BOUNTY OPPORTUNITIES
There are opportunities to support Tele Coin Project and be fantastically rewarded at the end of the IEO launch period. If you are interested to support this project, then follow the below link
Bounty Link: Click Here
OTHER NECESSARY INFORMATION
Website: https://www.telecoin.info/
Whitepaper: https://www.telecoin.info/wp-content/uploads/2018/11/Telecoin_Whitepaper.pdf
LinkedIn: https://www.linkedin.com/company/telecoin/
Twitter: https://twitter.com/telecoincrypto
Instagram: https://www.instagram.com/telecoinofficial
Telegram: https://t.me/TelePlatform
PLEASE NOTE: I am not in any way related to the project team. I am only supporting the success of the blockchain project.
A sponsored article was written for a bounty reward.
