Project Safety Score: 56%
Updated 16 hours, 25 minutes agoTelcoin is a multinational fintech company that integrates blockchain technology with telecommunications and digital banking to provide financial services to mobile phone users internationally. The Telcoin Wallet is a multi-signature decentralized finance (DeFi) wallet that supports over 100 digital assets and facilitates remittances to eWallets and bank accounts worldwide. The company is regulated as a Virtual Asset Service Provider in Lithuania and Argentina, a Major Payment Institution in Singapore, and a Money Services Business in the United States, Canada, and Australia.
The Telcoin Association, a Swiss non-profit based in Lugano, governs the Telcoin Platform through a decentralized structure of Miner Councils. This organization manages the Telcoin (TEL) token and focuses on ensuring compliance in various markets while leveraging both traditional and blockchain transaction methods to support their digital financial services.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Track record score 83 out of 100.
Telcoin demonstrates a strong track record with a substantial 8.4 years of operation and no regulatory actions against it. While it has experienced one historical incident, it maintains robust standing with 55 out of 100 for raised red flags, indicating a relatively low level of concern overall. This combination underlines a stable and compliant history within the blockchain space.
Economic design score 100 out of 100.
Telcoin achieves a perfect score with a clearly defined supply cap of 100 billion tokens and an impressive 95% of the total supply in circulation. This well-structured economic design supports the asset's long-term sustainability and encourages optimistic growth prospects.
Developer health score 0 out of 100.
Telcoin faces significant challenges in developer health, scoring a zero. This is indicated by the absence of activity on GitHub, with no recent commits over the last month and a limited presence of contributors and forks. The lack of engagement raises concerns about the project's ongoing development and responsiveness to community needs.
Network security score 60 out of 100.
The network security score for Telcoin is moderate at 60. While the chain is well-established at 8.4 years, the economic security is a concern, illustrated by a market cap of around $192 million. The project has one historical incident on record, highlighting that while there is some risk involved, the overall security context is improving.
Social behavioral score 63 out of 100.
Telcoin's social behavior score reflects moderate engagement with a varied presence on social media platforms, though audience data is limited. There is positive sentiment with a 100% uptick observed, albeit some concerns regarding the presence of negative press. The indicators suggest a community that remains active despite the risks flagged.
Adoption and liquidity score 27 out of 100.
The adoption and liquidity score suggests significant challenges, as indicated by a very low 24-hour trading volume of approximately $616,000. Although the asset is listed on 25 exchanges, its market cap makes it harder to gain traction, suggesting liquidity issues that could limit user engagement and investment potential.
Inherent cryptocurrency risk remains an important consideration for Telcoin. Despite a solid economic structure and long operational history, the lack of developer activity and low liquidity may expose investors to increased volatility and uncertainty. As with any crypto asset, prospective investors should perform thorough due diligence and remain cautious of market shifts.
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Prior: Founder of TelcoinPaul Neuner is the CEO and founder of Telcoin. ([coindesk.com](https://www.coindesk.com/tech/2024/01/12/telcoin-restores-user-balances-after-exploit-records-400-increase-in-deposits?utm_source=openai))
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CertiK audited Telcoin's token contracts, but the exploit was due to a vulnerability in the proxy implementation of wallet smart contracts, which was outside the scope of the audit. ([certik.com](https://www.certik.com/blog/post-mortem-telcoin?utm_source=openai))
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exploit 2023-12-26 · $1250000An exploit resulted in the loss of approximately $1.25 million due to a vulnerability in the proxy implementation of wallet smart contracts. ([certik.com](https://www.certik.com/blog/post-mortem-telcoin?utm_source=openai)) ↗
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CoinDesk · 2024-01-12
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CoinDesk · 2024-01-12
- ✓Successfully restored user balances after exploit
- ✓400% increase in deposits post-exploit
- ✗Project has a history of hacks or exploits
- ✗No recent code commits
- ✗Very low L1 trading volume
Price Chart - Telcoin
Contract Security
0x09be1692ca16e06f5…0xdf7837de1f2fa4631…0x0419e8bfbbb262372…0x467bccd9d29f223bc…On-Chain Facts
0x63ec5767f54…
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0x40ec5b33f54e0e8a3…35.53% -
0xbd02c51150a4ab6ce…3.83% -
0xaa9ae53fc7a69fde1…2.50% -
0x2580ccb2be946ad98…1.43% -
0xf35a6bd6e0459a4b5…1.38% -
0x1b14376ee2d46ae5c…1.35% -
0xaa10db8804d076601…1.34% -
0x3154cf16ccdb4c6d9…1.28% -
0x175ce6204bfda2a50…1.20% -
0x6d6cc65e2060d0a28…1.20%
Telcoin Exchanges
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Technical Analysis
Buy / Sell signals