Profile picture
Billy Bob Bagholder @BillyBobBaghold
, 22 tweets, 8 min read Read on Twitter
1/22 $TEL Review Intro
$TEL’s answer to crypto adoption is to make it easy and intuitive to send crypto payments over mobile phone networks. It’s a great idea and has huge potential if the team can execute.
👇
2/22 $TEL Review Vision
The grand vision is to enable $TEL to be sent to any mob number in the world.
With more than 5 bil cell phone users in the world $TEL will use the telecoms network to send crypto payments making crypto accessible and usable especially for the unbanked👇
3/22 $TEL Review Use Case

$TEL hope to be used as a p2p transactional currency and for remittances. It will initially focus on the remittance market, but hope to grow to include those use cases from its WP👇
4/22 $TEL Review Issuance

#Telcoin will issue $TEL at a rate of 5% annually for a period of 10 years following the ICO to mobile network operators. Networks with more Telcoin exchange traffic will receive more, thus incentivising networks to encourage $TEL’s use.👇
5/22 $TEL Review Issuance

As mobile networks become commoditized, telcos will innovate to grow; $TEL can assist this.
This will allow $TEL to tap into the mobile network’ customer base, many of whom will already be KYC’d, side stepping the need for $TEL to go through all KYC
👇
6/22 $TEL Review

To further mitigate fraud and illicit activities, telcos will be able to leverage GPS and call data.
Subscribers convert mobile money to $TEL. To mitigate hacking risk, $TEL will be stored in multi-sig wallets, preventing large $TEL movements without.
👇
8/22 $TEL Review Tech

$TEL is built on @ethereum so inherits $ETH’s security but also scalability issues.
Through its API Telcoin will provide a number of integration options from initally simple connectivity to existing mobile money APIs to more complex integrations👇
9/22 $TEL Review Coin Metrics

Price: $0.000838 / 13 sats
Market Cap: 155
Volume: $139,909
Circulating Supply: 32,051,138,545
Max Supply: 100,000,000,000
Max theoretical tps: same as $ETH
Algo: $ETH token
ATH: 1c/90sats

The most interesting metric to me = the supply/low price
10/22 $TEL Review Accomplishments

$TEL has been busy putting in place partnerships and getting its regulatory compliance sorted, including:

Compliance
-Applied for Singapore money remitter license, applied for Philipines license
-Met with regulators in France, Canada👇
11/22 $TEL Review Accomplishments

Partnerships
-added to @changelly and @BRDHQ
-mystery partnership in Africa

While this is a good start, I expect to see more in the coming months, based on the roadmaps below.
👇
12/22 $TEL Review Roadmap

$TEL has split its road map into 3; compliance, development and business development. This makes good sense since $TEL’s success will be driven by much more than purely dev work.
👇
13/22 $TEL Review Compliance Roadmap

👇
14/22 $TEL Review Development Roadmap

👇
15/22 $TEL Review Partnerships/BD Roadmap

$TEL is announcing a new exchange by 30 Sept which should have a nice impact on price.
👇
16/22 $TEL Review Roadmap

$TEL’s roadmap is ambitious and has a lot on schedule for the next 6 months or so. It looks like it might miss a few of its Q3 deadlines, so it will need to be sure to deliver/be more realistic in q4.
👇
17/22 $TEL Review Competitors

$TEL faces completion from establish remittance companies like Western Union and other crypto start-ups, but no crypto is leveraging the global mobile phone network like $TEL.
👇
18/22 $TEL Review Risks

-$ETH scalability/gas payments/solidity is difficult to make bullet proof
-Established competitors
-Business model is entirely dependent on Telecommunications networks adopting and integrating the technology into their own platforms👇
19/22 $TEL Team

Claude Eguienta -Co Founder/CEO- Distributed sys and crypto background. former CyberAgent. Advisor at TenX.
Paul Neuner-Co Founder/Chairman-12 years in the telecom space, founded Mobius, fraud management solution used by Veon, Ooredoo, Etisalat & more.👇
20/22 $TEL Review Conclusion

Telcoin offers a great solution for crypto adoption by leveraging the global mobile phone network. It has strong completion from established remittances players like Western Union and other crypto start-ups. 👇
21/22 $TEL Review Conclusion

$TEL’s plan is one of the more realistic, logical, and sensible in the space and you can imagine a world where we transact cryptos from phones.
The key to $TEL’s success will be delivering on its ambitious roadmap. Not delivering is a big risks.
👇
23. $TEL Review Bullish CT accounts

@CRYPTOVERLOAD
@paddystash
@CryptoChancho
@TRX_Dinosaur
@Chyld
@TruthRaiderHQ
@MuseCrypto

Would be interested in your thoughts on my review!
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Billy Bob Bagholder
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!