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1)
What makes #telcoin unique as a blockchain remittance solution and what will ultimately drive price?
To understand the business model of $tel lets have first a look at token allocation and supply (100bln)
Half of $tel supply will be issued to telcos, but over 10 years!
What makes #telcoin unique as a blockchain remittance solution and what will ultimately drive price?
To understand the business model of $tel lets have first a look at token allocation and supply (100bln)
Half of $tel supply will be issued to telcos, but over 10 years!
2) At first glance 100 bln supply seems much but it really isn't and here is why.
As stated before, 50% of $tel supply will be issued to telco operators.
The other 50% are locked up or on exchanges. As we know these 50 bln will be issued to telcos over 10 years (5bln annualy)
As stated before, 50% of $tel supply will be issued to telco operators.
The other 50% are locked up or on exchanges. As we know these 50 bln will be issued to telcos over 10 years (5bln annualy)
3) Here is the key aspect of (free) issuance to telcos. There is a model for issuance rights. 50% makes the #telcoin exchange volume. If you think about it for a second, most of issued $tel will be given to where there is already enhanced #telcoin exchange volume (demand)
4) As telco operators get their first issued $tel for free, they enjoy 100% profit margin selling #telcoin. Therefore telco operators will advertise their #telcoin remittance solution hard
And here is the key fact, this will only last as long their issuance rights exceed demand
And here is the key fact, this will only last as long their issuance rights exceed demand
5) This is the genius part of #telcoin. As most tokens are issued where there is already enhanced demand (see 3), the demand will exceed pretty fast the free issued $tel.
Soooo what will happen when demand overcomes free issued supply?
They have to buy $tel from exchanges!
Soooo what will happen when demand overcomes free issued supply?
They have to buy $tel from exchanges!
6) As @invest_in_hd stated in his last article, #telcoin will basically have access to the whole philippines remittance market with expected 3 working corridors(Australia, Malaysia, Canada) right off the start.
https://medium.com/@invest_in_hd/beneath-the-surface-philippines-7d88682a6d8b
These 3 corridors make up for 5.9bln$
https://medium.com/@invest_in_hd/beneath-the-surface-philippines-7d88682a6d8b
These 3 corridors make up for 5.9bln$
7) So, a maximum total amount of 5bln $tel will be issued to telcos, right? This is the total circulating telco supply first year!
At current prices 5bln $tel are worth ~ 3mln $. So basically, as soon remittance volume exceeds 3mln token price has to move to match remittance vol
At current prices 5bln $tel are worth ~ 3mln $. So basically, as soon remittance volume exceeds 3mln token price has to move to match remittance vol
8) We have a potential 5.9 bln market for $tel right at the start and exceeding 3mln remittance volume should already drive price of #telcoin.
To put this in perspective, this is only 0,05% of the potential target market.
To put this in perspective, this is only 0,05% of the potential target market.
9) In other words, only 1 in 2000 persons has to decide to use a remittance solution that is:
-way faster
-way cheaper
-advertised by their local telecom partners they trust
-they can cash out at their local telco operator instantly
And $tel price starts to fly.
-way faster
-way cheaper
-advertised by their local telecom partners they trust
-they can cash out at their local telco operator instantly
And $tel price starts to fly.
10) Last problem: Crypocurrencys are very volatile. This is a problem for remittance services.
But #telcoin has a solution.
You can lock price for a period of time.
Investors are happy with rising token prices while users don't have to worry.
But #telcoin has a solution.
You can lock price for a period of time.
Investors are happy with rising token prices while users don't have to worry.
