PROBLEM & SOLUTION MARKET MIRACLE TELE

TELE tokens and receive biweekly rewards as well as tangible telecom services that let clients call and browse in over 160 countries all over the world at reduced rates and retain their privacy rights. Price of TELE tokens and become the beginning of the next stage in the implementation of a self-sustainable payment system for Miracle Tele based on a proprietary service token for internal transactions. TLT, our service token, will become a bridge for seamless internal payments between our project, the customers, and affiliate mobile carriers for all telecom as well as value-added tools and services that we’ll provide in the future. Such payment system will let us create an internal monetary infrastructure that will protect the token value from any external shocks or depreciation, provide a solid structure for deploying other more advanced telecom and financial services, and allow to continue lowering the rates on airtime and traffic for Miracle Tele customers.

VISION

We at Miracle Tele want to grow together with the world and tend to the changing needs of the telecom customers by offering them improved privacy, lack of bureaucracy, reduced rates, and value-added services as well as freedom of access to financial and utility tools via blockchain all in one place.
  1. FAIR PLAY One of the lowest rates on the telecom market via a pay- as you-go model with no startup or hidden fees
  2. ZERO PAPERWORK One-step registration with no contracts and no document requirements for SIM card orders
  3. BLOCKCHAIN Deployment of a blockchain grid on top of our telco infrastructure makes it possible for TELE token holders to receive biweekly rewards and reduce the cost of telecom services in the long term
  4. INNOVATION Future implementation of advanced communications services and financial tools

MARKET OVERVIEW

By proposing a universal, innovational, and distinctive solution and fusing telecom services together with decentralized financial tools, we manage to broaden our market coverage onto three different markets that comprise over 1 bln people all around the world.

PROBLEM

  1. In spite of the massive growth of the telecom market all over the world and accelerating globalization trends — spurring reduction of prices for domestic telecommunication services — telco providers still struggle to provide customers with high-quality and bureaucracy-free roaming plans at reduced rates.
  2. Currently, there is a large number of telecom operators that offer their customer’s seemingly advantageous mobile plans, but they only do so on a contract basis. In other words, the client will need to sign a minimum term contract with the telco operator which usually has a duration of 12 to 24 months.
  3. Apart from entering into contract and disclosing one’s personal data, the customer will need to keep to the strict terms of such contract at all times as non-fulfillment of any of the terms will probably lead to revoking the customer’s right to continue using the services according to the conditions that were set in the contract and may even result in fines for the subscriber.
  4. Over the past 10 years, the base cost of mobile telephony and Internet for the telecom companies has been steadily falling thanks to the advance of technology and the overall market growth, which made infrastructure development cheaper and more cost-efficient. However, the cost of telecom services for the end user wasn’t going down as rapidly.
  5. When it comes to the international roaming industry, consumer prices for mobile telecommunications and the Internet are being reduced even slower than in case of the in-country plans even despite continuously increasing globalization tendencies.
  6. Such a radical difference between the consumer and base price for the telco services — in other words, retail vs wholesale — may be explained due to high monopolization of the telecom sector around the world.
  7. It leads to significant increases in business risks for SMEs and makes it extremely difficult for new industry players to enter the market, resulting in price increases for the end customer.

SOLUTION

  1. We at Miracle Tele reversed this trend by cooperating with dozens of local telecom operators all around the world and purchasing their call and traffic network overcapacities. This lets us cut the infrastructure development costs to the minimum and therefore slash the price of telecommunications services for the end user.
  2. Our system is based on a solid mobile virtual network infrastructure for minimizing the development costs and offering the users cheaper pay-as-you-go call and Internet services that can be used on a global scale.
  3. On top of this infrastructure, we have deployed a blockchain powered grid that makes it possible to tokenize the user assets and let all customers of the company purchase Ethereum based tokens, TELE, store them and receive rewards thanks to the telco network growth.
  4. We tackle this problem and get rid of the unnecessary bureaucracy so that the customers can enjoy improved privacy in a blockchain powered telecom service without minimum term contracts.
  5. This way, by ensuring a smooth entry for our company into the market with zero monopolization, low risks, and low to zero competition we foster the growth of globalization, free market, business, and decentralized economy all around the world.

FUTURE PLANS

Our goal is to turn Miracle Tele into the new standard for telecom companies by providing our customers with quality and cheap mobile services with improved privacy, no paperwork, and an array of value-added tools as well as offer them a freedom of access to financial tools via blockchain and unrestricted access to the information on the Internet. As soon as we have reached the break-even level, which is estimated to take place as early as in 2019, we will start implementing the value-added solutions — both telecom and financial — that follow the trends set by the telecom market consumers.
MiracleTele is reshaping the way in which the telecom industry works. BECOME A MEMBER

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