Thread by @CryptoGirlNova

1) In today's market it's increasingly hard to select high quality cryptocurrencies.

Most eventually fade away and as such we need to search for the best fundamentals.

A thread🧵on $TEL and why you should take a look at this cryptocurrency.

Read on 👇

@telcoin_team #telcoin

2) It's no secret that mobile phones are hugely popular today.

According to the World Bank there are nearly 5 billion mobile phones operating globally.

Surprisingly there are just 1.2 billion bank accounts in the world.

3) Reason for this is that in many parts of the world it is far easier to access mobile services than it is to access banking services.

Telcoin is meant to be a payment protocol, using mobile payments to provide borderless transfers similar to Western Union, but at lower costs.

4) It bills itself as the first cryptocurrency to tap into the synergies provided by the reach of mobile telecom operators and the fast, borderless nature of the blockchain.

Telcoin wants to help mobile service partners provide acces to the growing digital economy.

5) They are looking to provide access to cross-border remittances, payments, and ecommerce.

The objective of Telcoin is not to compete with the massive mobile telecom industry.

They want to provide a cooperative solution that can deliver mobile money to users through crypto.

6) Telcoin believes that its unique solutions and partnerships can solve three issues that have caused similar projects to fail:

-Trust
-Reach
-KYC

7) Globally there are over 2 billion people who are unbanked according to the World Bank.

This means roughly one-third of the Earth’s population doesn’t have access to the basic financial services many of us take for granted.

8) Nearly all of the world’s population does have access to telecom services.

Almost the entire adult population of the Earth has a mobile phone.

Through Telcoin every individual wouldn't be unbanked anymore.

They all will have access to financial services.

9) If Telcoin is to become successful it needs to gain access to all or at least most of the global telecom firms.

So far that number is small, but as the technology matures and cryptocurrencies become more mainstream the resistance to joining the Telcoin platform will decay.

10) Once basic access is attained Telcoin should be able to rapidly add-on new products, including card access and DeFi products.

11) Telcoin's has a global team with members all across the globe.

The project was founded by Paul Neuner and Claude Eguienta, however only Paul remains with the project as of May 2021.

So as of today Paul is the founder and CEO of Telcoin.

12) Paul has more than two decades of experience as a tech entrepreneur in the telecom space, including a successful exit.

In 2006 Paul founded Mobius, a leading provider of telecom fraud management solutions that is now installed at more than 30 mobile operators globally.

13) The project has been hiring consistently over the past year, and the majority of the team members can be seen at the Telcoin LinkedIn page.

14) The Telcoin wallet was developed to be as simple to use as possible.

Setting up the wallet is simple as all it requires is a mobile phone number and a six digit PIN.

15) My conclusion:

Telcoin is a project with very high ambitions and should be looked at from a very long term perspective.

What they look to be doing won't be easy and will take time to establish partnerships all over the globe.

16) While they have closed a lot of local partnerships with smaller firms they have yet to secure partnerships with the largest companies.

This doesn't mean they won't succeed in this though but time will $TEL (pun intended 😆).

I for one am excited to see how it plays out 🌏

17) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.

I research the communities top voted cryptocurrency every sunday so you can keep track of all the most exciting projects.

Your favorite writer Nova ❤️

18) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.

Everyone deserves free knowledge 📘

Love you all ❤️

First post 👇

https://twitter.com/CryptoGirlNova/status/1558871784828567552?t=Xahw7HQPKhKscwBEJv7XqQ&s=19