Telcoin crossed its US$10M soft cap on Christmas day.

Singapore and Tokyo, Japan — The Telcoin team is both pleased and humbled to announce that contributions to the token sale surpassed the US$10 million soft cap threshold on December 25. We’d like to extend a deep thank you to all those around the world who support our vision for financial inclusion. Reaching the soft cap means that Telcoin will become a reality, and we’re excited to embark on this journey alongside our investors and telecom partners. We’re pushing full steam ahead to the hard cap of US$25 million and will continue our work behind the scenes to bring Telcoin to the masses upon completion of the crowdsale.

The Telcoin ICO remains open until February 11 or until the hard cap is reached, and you can get whitelisted here. Our marketing efforts and conference appearances will continue through the end of the token sale and beyond, regardless of whether the hard cap is reached or not. We have no intention of slowing down, and are always reachable on Telegram and hello@telco.in. Follow important announcements on our Telegram announcement channel.

While the pre-soft cap bonuses are now closed, we’re still offering the following incentives:

5% referral bonus — make sure the contributor you refer inputs your public wallet ID in the Telcoin ICO whitelist form

100+ ETH — 5% bonus (100 seats)

150+ ETH — 7% bonus (75 seats)

200+ ETH — 10% bonus (50 seats)

250+ ETH — 12% bonus (30 seats)

300+ ETH — 15% bonus (20 seats)

Contributions above 100 ETH made before the token sale reaches US$20 million receive an additional 5% bonus

Furthermore, our Bitcointalk bounty campaign remains active here.

If you happen to be in Dubai, San Francisco, or Miami in January, we’d love to meet you in person at the following events:

We’ve received a number of inquiries regarding how Telcoin will be valued, which will happen when the ICO closes. The price formula is as follows:

(Total amount of funds raised during the pre-ICO and ICO phases) ÷ 25% ÷ 100,000,000,000

For example, at the hard cap of US$25M, the value of 1 Telcoin would be US$0.001

Thank you again for the amazing show of faith, and stay tuned for more updates!

Happy holidays,

-The Telcoin team