Telcoin
TEL
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Telcoin (TEL) scores a weighted average of 5.5/10 across all six evaluated dimensions with no missing sections. Active Development (6.5/10) and Team & Governance (6.5/10) are supported by its Swiss Verein legal structure, TGIP governance proposals, and planned EVM-compatible Telcoin Network banking infrastructure. Market & Use Case (6.5/10) reflects an established telecom-focused remittance model, though real-world transaction volume remains unverified. Tokenomics (5.5/10) benefits from ~96% circulating supply of its 100B cap, mitigated dilution risk, and multi-channel utility, tempered by allocation transparency issues. Community Support (3.5/10) is weighed down by dormant governance participation. Security & Audit History (4.0/10) is constrained by a December 2023 proxy wallet exploit and price drawdown from ATH, though the incident was rapidly remediated over 24 months ago with subsequent third-party audits by Cantina (2025) and Hacken (2026) alongside an active bug bounty program, not triggering the red-flag score cap.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Telcoin (TEL)
Telcoin (TEL) is a payment and remittance token focused on cross-border financial transactions through integrations with mobile network operators (MNOs). Established in 2018, TEL is an ERC-20 token on Ethereum with deployments across Base, Polygon PoS, and Arbitrum One. The project is governed by the Telcoin Association, a Swiss Verein domiciled in Lugano, which operates as a GSMA Associate Member. TEL features a fixed maximum supply of 100 billion tokens, with roughly 96% in circulation. Within its ecosystem, the token functions as gas for the planned EVM-compatible Telcoin Network, staking collateral, liquidity routing via TELx pools, and a mechanism for governance voting.
The project addresses global remittance corridors by connecting mobile telecommunications infrastructure with blockchain-based settlement. Governance is structured around designated miner types and formal improvement proposals under TGIP frameworks. Development initiatives focus on integrating regulated banking infrastructure and token system upgrades to support international money transfer services.
In December 2023, Telcoin suffered a security incident where an attacker exploited vulnerabilities in its wallet proxy and beacon implementation infrastructure to steal user funds, though the exact dollar loss was not disclosed in project records. The incident was mitigated within days by deploying a corrected beacon implementation alongside tracing efforts assisted by BlockSec, Chainalysis, and Slowmist. Subsequent security reviews were conducted by Cantina in 2025 and Hacken in 2026, supported by an active bug bounty program. TEL has experienced a significant price drawdown of greater than 50% from its historical peak, and the project has faced governance inactivity following late 2023.