Categories: Press Releases

Miracle Tele, the First Blockchain Powered Mobile Operator, Launched This Week

APRIL 24 2018 — PRAGUE, THE CZECH REPUBLIC. Miracle Tele, the world’s first blockchain powered mobile virtual network operator (MVNO) whose services are available in 213 countries, has officially launched this week.

The company enters crypto market with a distinctive offer that features high-quality international call and browsing services in one SIM card, protection of its customers’ privacy rights, and creation of a proprietary utility token named TELE that allows its members receive biweekly token holder rewards.

The idea behind fusing a MVN operator with blockchain technology emerged due to the  extreme monopolization of the market of conventional telecom operators, which makes it almost impossible for a small company to enter it and therefore forces the end user to put up with tricky rates, unknown quality, and lack of privacy.

“We analyzed the blockchain MVN market, understood that there is literally zero competition, and decided to seize the opportunity,” says Andrew Burchik, Miracle Tele’s founder.

And though there are other similar companies that expressed their plans to launch this year, Miracle Tele already has signed contracts with dozens of quality local operators and does not depend on the token sale because of the diversification of its services and private investments.

The MVNO model that the company is based on lets it minimize the infrastructure and branding costs and this way provide its customers with the lowest rates and highest service quality.

By diversifying its services and offering the users to choose either to use its telecom services as if it was a common mobile operator or tokenize their assets and purchase mobile plans using TELE tokens, Miracle Tele protects itself from risks of closure as it usually happens with 90% of crypto projects who go for ICO but then disappear in less than a year because of technical inefficiency, misappropriation of funds, or lack of interest to their projects.

Apart from dealing with high rates and bureaucracy—the most common problems of giant telecom operators—Miracle Tele also fosters the customer’s right for privacy through the use of blockchain.

Since Miracle Tele is an MVN operator, the customers do not need to disclose their private information and upload their IDs in order to use the telecom services whilst all transactions within the system are secured by smart contracts.

Usage of Ethereum blockchain also let the company introduce biweekly token holder rewards for those customers who prefer to store TELE tokens on their ERC20 wallets and receive a stake in the amount of 40% of the company’s net profits divided between all token holders.

“We know that the potential for SMEs and blockchain in the telecom industry is huge. Just imagine that in 2016 there were 4.6 bln mobile phone users and 1.2 bln international tourists. Let’s say that a third of them, or 1 billion people, are not happy with the value for money ratio of their mobile and roaming operators. This is our prospective market share,” sums up Andrew Burchik.

The company’s team members believe that it’s not only extreme monopolization of the market that prevents small mobile operators from growing popular, but lack of innovation too.

Related Post

The technology that Miracle Tele’s development team is particularly interested in is the Internet of Things (IoT), which can be used together with AI algorithms in order to extend the range of use cases of the company’s services by incorporating them into home and building automation systems.

“We want to be something more than an MVNO that provides cheap calls and traffic but also make everyone’s life easier and more comfortable thanks to the use of new technologies,” said Roman Golod, the company’s Head of Development.

Apart from integrating its telecom services into IoT ecosystems, by 2020 Miracle Tele is planning to reach at least 100,000 active customers and start introducing new blockchain based telco tools like a proprietary wallet, prepaid debit cards, and more.

Website: https://miracletele.com/

Token ticker: TELE

Lightpaper: https://miracletele.com/files/lightpaper.pdf

Founder: Andrew Burchik

Press and business requests: media@miracletele.com

Facebook: https://www.facebook.com/MiracleTele/  

Twitter: https://twitter.com/MiracleTelecom  

Instagram: https://www.instagram.com/miracletele/  

Telegram group: https://t.me/miracletelecom

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Guest

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Share
Published by
Guest

Recent Posts

These 3 Recently Released Metaverse Coins Gained Over $100 Million Market Cap in Under 24 Hours

There are dozens of new cryptocurrencies getting listed on decentralized exchanges every day. Some end…

8 hours ago

These 2 Meme Coins Gained Over 300,000% in Price Last Week, but There’s a Catch

Meme coins continue to dominate crypto markets, as many are seeing incredible price gains even…

11 hours ago

Top 15 Metaverse Coins With a Unit Price of Under $1

Metaverse coins are the current hype in crypto, and many people are looking to make…

17 hours ago

123 Swap Announces the Launch of a Strategic Partnership With Avalanche With New Addition to Its Cross Chain

123Swap today announced the integration of its unique decentralized, non-custodial cross-chain architecture into Avalanche (AVAX).…

1 day ago

Top 13 Metaverse Tokens With The Highest Price Gains Today

With Metaverse being all the hype in crypto, there are plenty of projects that are…

2 days ago

Connecting AI with a strong Play2Earn game on Blockchain

How dotmoovs is making you compete against others in the real world by using your…

2 days ago

This website uses cookies.