A complete guide on Telecoin and how to participate in the Telecoin Airdrop campaign

Telecoinplatform
4 min readAug 6, 2019

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This article is meant to educate the Telecoin community on what is Telecoin and how to participate in Telecoin Airdrop.

What is Telecoin?

Telecoin is a peer-to-peer anonymous cryptocurrency that is built using high end encryption. Telecoin has been 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.

Telecoin will be using Proof of work till the 1000th block and will move to Proof of stake going forward. This method is used early on to keep the chain moving while the network is being established. Telecoin also has community governance for decentralized blockchain voting which provides for consensus based advancement of the current Masternode technology used to secure the network.

Token usage and ecosystem:

This Project will be the icing on the cake for the World of Private Communication and Transactions. This project is a fully decentralized, consensus/community governance based platform that utilises Proof of Work alongside Proof of Stake protocols to anonymize transactions.

Master Nodes utilised directly for coin mixing alongside encrypted file sharing and interaction, Obfuscation, SwiftTX transactions, In-Wallet Block Explorer, and rewards from staking and running Master Nodes are just a few of the exciting features this Project will offer.

The Proof of Stake protocols implemented mean this Project is extremely low cost and efficient to mine block rewards. This Project will build a Military style Encrypted Android Phone and Network that will enable a DAPP Hub that allows developers worldwide to contribute their own DAPPs to the Privacy network.

Participants and purchasers of TELEX Token during the IEO will receive an identical amount of TELE (Privacy Coin) when the main network is deployed.

eg. 10,000 TELEX purchased would give you 10,000 TELE also.

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

Product & Market:

Roadmap:

  • July/August 2019 — Launch of IEO and TELEX ERC777 Token
  • September 2019 — Completion of IEO Listing and adoption of TELEX token on multiple exchanges, New recruitments to the Core team.
  • October 2019 — Completion of TELE Main Network Development/penetration testing, Listing on Multiple Exchanges, Phase one TeleFone Android OS Development
  • November 2019 — Setup of Euro HQ, Start initial development of Trend-Setter & IOS/Android App.
  • December 2019 — Start first phase of development of Tele-Fone & App, Locate Asia Satellite Offices.
  • January 2020 — Setup of Satellite Office, Euro Marketing Campaign,
  • February 2020 — Start testing phase on IOS/Android App, Phase two development of TeleFone Further adoption on Exchanges
  • March 2020 — Australia and US marketing Campaign & Release update on TELE wallet
  • April 2020 — Release TELE App for IOS & Android, Test Runs on Interaction Network
  • May 2020 — Final test phase on Tele-Communication Network
  • June 2020 — Marketing campaign and demo of Tele-Fone Prototype and App

Business-model:

Whilst TELE is a decentralized platform the project can still make income via the sources below:

1. TELE is developing Trend-Setter, an affiliate reward platform that focuses on various sectors such as retail, micro-transactions, marketing, social and digital content and gaming, generating revenue from partnerships and synergies

2. TELE is building an encrypted Android Mobile Phone and OS that utilises blockchain for secure file sharing, messaging and calling.

3. Applications that allow secure transactions and interaction through the blockchain will secure partnerships for future products.

Highlights and features:

• Privacy Network

• Master Node Capabilities

• Instant Payments

• Anonymous Transactions

• Private Interaction through Blockchain Technology

• Secure File Sharing

• Community Governance

• Low cost and efficient to earn rewards from staking

• DAPP hub allows other developers to connect and contribute

Telecoin is currently having its IEO on LATOKEN exchange. Which is one of the TOP cryptocurrency exchanges in the world.

To know more about our project, please visit our website www.telecoin.info or please read the attached link to the whitepaper.

Link to the whitepaper:
https://www.telecoin.info/wp-content/uploads/2018/11/Telecoin_Whitepaper.pdf

Eligibility to participate in the Airdrop:

Telecoin is organising an Airdrop campaign for its community members. A total of $50,000 worth of TELE will be airdropped for the first 10,000 participants.

The first 10,000 members participants will be airdropped 3.75 TELE tokens each worth ~$5(Depending on the tasks that have been completed).

Step by Step Guide for Eligibility:

1.Complete the TeleCoin airdrop form.

2.Join our Telegram group ( 1 TELE).

Link to Telegram: https://t.me/TelePlatform

3.Follow our Twitter and retweet this tweet with the following caption(1 TELE)

Link to Twitter: https://twitter.com/@telecoincrypto

Tweet to be retweeted: https://twitter.com/telecoincrypto/status/1156559209707769856

4.Follow our MEDIUM(1TELE)

Link to Medium: https://medium.com/telecoinplatform

5.Follow us on youtube (0.75 TELE)

Link to youtube channel: https://www.youtube.com/channel/UCgHtn_emybYjZ9oZ1PT-jVw/videos

6.You will receive tokens according to the tasks you complete. All the tasks are optional and can be skipped.

Example: If you join our telegram group and medium but do not follow us on twitter. You will still receive 2 TELE for the tasks you have completed.

Important notice:

1. Only one application per person.

2. Duplicating or botting will result in complete Ban.

3. The addresses mentioned in the form are final and cannot be changed.

THE AIRDROP DISTRIBUTION WILL TAKE PLACE WITHIN 60DAYS AFTER THE IEO ENDS.

Link to the airdrop: https://forms.gle/4GEfPPeMdaFjrn6i8

You can find more information about Telecoin on our website.

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