[TRADE WITH CAUTION] Miracle Tele — The Pioneering Blockchain-powered Mobile Operator

Miracle Tele — a Mobile Virtual Network Operator (MVNO), offers everyone in the world a groundbreaking telecommunication product enabling users to approach superb telecom services and earn rewards for their engagement. By addressing the existing drawbacks of conventional mobile businesses and enhancing the business model with the implementation of blockchain technology, Miracle Tele aims to be the biggest player in the world telecom industry.

MOBILE VIRTUAL NETWORK OPERATOR (MVNO)

Since the appearance of the first analog phone call using a mobile phone, many big investments were poured into the development of mobile networks. Nowadays, the number of unique mobile users in the world has reached 4.9 billion (or 66% of the world population). It was predicted that the number will be added by 222 million users every year.
In 1997, the first MVN operator was established when the world first Mobile Virtual Network Operator agreement was signed by two companies named Sense Communications and Sonera Telecom. According to the agreement, Sense Communications was able to resell voice minutes they bulk bought from Sonera Telecom. The list of factors that can be resold has been expanded by the time. MVN operators, which has their presence available in over 1300 countries, compete with each other by good pricing and services quality. It is quite impressive that many big players in this sector have involved in blockchain technology in different ways. Some telecom startups have their businesses models powered by this innovation.

WHAT ARE THE PROBLEMS?

Traditional mobile operators

There are some remarkable issues with the products of existing MVNOs. Firstly, their consumers must register their services for 12 or 24 months and have to pay if they want to end their contracts, even though the reasons for this stems from, for example, constant weak signal or awful helpline. Also, postpaid customers seem to suffer from unwanted services payment or punishment; additionally, they have to expose their private information which should be protected. For both business or leisure travelers, international roaming fees get them under the pressure as they are too high.

Blockchain-free MVNOs

The current MVNOs, who do not utilize blockchain, turn out to be not so beneficial to their users. Even if the large operators have made a ton of profit from their services, they allow only one number per SIM card and there is no significant program to reward customers’ loyalty and engagement with spendable currencies. They also take inconsistent fees on every call and high fees on Whatsapp, Telegram and Facebook Messenger data.

Mobile phone users

Each type of users encounters a collection of different issues; however, the most essential to them are high or inconsistent fees, non-roaming-friendly fees, private data leaks, inflexible contracts, lack of cryptocurrency adoption, unavailable multi-language support and multi-number SIM card.

Blockchain competitors

At the time of writing, Bubbletone is the direct competitor to Miracle Tele but it does not provide on-the-go top-up, privacy, roaming-friendly fees, free messaging apps data, a complete product, etc.

MIRACLE TELE’S SOLUTIONS

Miracle Tele is created to eliminate the problems listed above; with that said, their users would:

• Not be tied to any long term contracts and leave the network any time they want
• Receive tokens for their engagement twice a week and top up their accounts with cryptocurrencies and fiat (via credit cards)
• Pay for what they use only with transparent and reasonable fees (even with roaming)
• Be allowed to use multiple numbers with one SIM card
• Use WhatsApp/Telegram messengers for free
• Be able to use public and private SMS number service
• Be qualified to earn revenue with an advertisement implementation
• Gain access to many multimedia services
• Be able to protect their data with VPN service
• Interact with an IoT powered ecosystem in the future
• Access the network on-the-go with a well-designed mobile application
• Enjoy a SIM card where users just have to pay 10 euro shipping fee

On their network, TELE token (TLT) is one of the most essential parts contributing to the sustainable growth of the products. It is an ERC20 utility token based on Ethereum network with a maximum supply of 300,000,000 tokens. The token is rewarded to the customers for their loyalty, and available for purchasing and exchanging to pay for the services on Miracle Tele. By the time, an internal monetary infrastructure will be developed. The value of TLT tokens is secured as they are back by real-life assets, value-added financial and telecom features. The whole system will be implemented to increase the price of TLT and protect it from any external negative fluctuations.

A PLATFORM BUILT ON BLOCKCHAINS

There are many reasons for Miracle Tele to utilize blockchain on their business. Firstly, the mechanism of this blockchains protect the data from manipulation and allow customers to observe the transactions of their account without their private data compromised. Secondly, the operations will be processed and data will be recorded almost instantly with the validation. Thirdly, the throughput or the capacity will be increased with the time meaning that multiple payments will happen at the same time. This is believed to be possible as most of the blockchains are ready to be implemented with new features, functions or infrastructure. According to its plans, Miracle Tele will firstly issue TLT on existing blockchains such as Ethereum or Graphene, then it will migrate to its own blockchain. A native blockchain will be a complete product which serves the best for the project and customers.

ROADMAP

Q1 2019
30 000 registered users

Q4 2019
100 000 registered users

Q1 2020
Blockchain powered Telco tools

Q4 2020
500 000 registered users

Q1 2021
The end of Token Sale

Q4 2021
The journey to be the world biggest MVNO

MY OPINION

Miracle Tele has created much hype around the cryptosphere. According to its website, there is only a small amount of token left. The industry it is involving in is a big market with almost no blockchain implemented competitors. This project is promising but this is not a piece of financial advice.

Website: https://miracletele.com/
Facebook: https://www.facebook.com/MiracleTele/
Whitepaper: https://miracletele.com/files/whitepaper.pdf
Lightpaper: https://miracletele.com/files/lightpaper.pdf

#MiracleTele #token #cryptocurrency

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2040174