Mobile virtual network operator Miracle Tele has released details of its ongoing Token Sale, where funds raised will be used to create a decentralized mobile network service that disrupts the mobile network industry, and hand power back to the consumer.
PRAGUE, September 26, 2018 (Newswire.com) - Mobile telephones and their associated infrastructure have become a crucial part of today’s life. A novelty affordable by the rich at one time, it is difficult to imagine a world without a cell phone now. Mobile services have become cheaper over the years, but are still very expensive. The huge scale of infrastructure such as signal towers, communications hardware, operations team, repair and maintenance is a significant cost and all of it is passed down to consumers through the call and data package rates.
Companies are also less keen on providing free services and each value-added service addition means a rise in their respective tariffs. With heavy paperwork, contracts and tedious conditions of service, mobile operators fail to deliver what a modern user is looking for. Now, using blockchain to create a decentralized mobile network, Miracle Tele allows anyone from any country to use its service and change the way they communicate.
Miracle Tele’s Miracle Answer
Relying on blockchain technology to provide a network and communicate, Miracle Tele does not require conventional hardware or infrastructure to operate. This means a huge reduction in operation expenses and thus, the Mobile Virtual Network (MVN) operator is able to offer calling and internet traffic services at highly reduced rates.
Being a virtual network that will operate in more than 163 countries, Miracle Tele does not have roaming charges, as all calls are treated as local calls. The charges for outgoing are at a flat rate of EUR 0.20 and incoming calls are totally free. Data charges are also the lowest in the mobile industry, but do vary from country to country. Some of the other benefits of Miracle Tele are:
- Pay as You Go: Miracle Tele requires no contracts and does not require documentation for signing up (apart from a name and address so the SIM card can be shipped).
- Virtual Numbers: Users can select any number of virtual numbers as they want. Virtual numbers from US, EU, Canada, Australia and many other countries are available between EUR 2 and 3 with monthly fee ranging from EUR 0.5 to 1.5. Data packages are independent and users can browse the internet without needing one.
- Free Services: WhatsApp and Telegram are in the pipeline to be free of cost on the network.
- Multi Currency Top Ups: The network supports a number of crypto and fiat currencies for topping up mobile credit.
- Reward Program: Using stacking, users can stake their TELE tokens on the platform and receive rewards in multiple crypto and fiat currencies. Rewards are based on 40% of biweekly net profit divided between token holders.
The planned launch of its own proprietary blockchain in 2020 means it will be possible to avoid Ethereum blockchain transaction cost and transaction limits and provide much cheaper rates.
Tele Token and the Miracle
Miracle Tele, being based on Ethereum blockchain, is powered by its own native ERC20 compatible token, the TELE. Though the platform allows top ups and reward withdrawals in other cryptos and fiat, stacking is only possible through their TELE tokens.
The Tele token is currently in its distribution phase, with a total of 150,000,000 TELE available to backers. There is no time limit to the event’s end and neither is there a minimum or maximum investment limit. The TELE token is available at 1 Tele = EUR 0.1. There is also a social media bounty campaign currently in progress, with a month-long airdrop planned at end of September.
During the Token Sale, new value-added services will also be launched that go beyond the mobile networking, such as multi crypto wallet and prepaid crypto debit cards. Miracle Tele is in the final phases of testing their whole system. With the testing and the TELE token TGE complete, the platform will allow users to acquire airtime and data through the native token.
TELE, unlike other tokens, will also be resistant to market fluctuation after the distribution event and subsequent listing on exchanges since the token value will be linked directly to the telecom services, something that is virtual, yet tangible at the same time. The planned launch of its own proprietary blockchain in 2020 means it will be possible to avoid Ethereum blockchain transaction cost and transaction limits and provide much cheaper rates.
To find out more information, please visit the website: https://miracletele.com
Follow Miracle Tele on Twitter: https://twitter.com/MiracleTelecom
Check out their Medium Channel: https://medium.com/@miracletele.mobile
Chat with Miracle Tele on Telegram: https://t.me/miracletelecom
Media Contact Details
Contact Name: Andrew Burchik
Contact Email: andrey.burchik@miracletele.com
Miracle Tele is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.
This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Miracle Tele token sale is closed to US participants and participants of all countries in which ICOs are illegal.
Source: Miracle Tele
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