[ICO] 💥 Talketh – Global Blockchain Telecommunications 🔥 VOX Token
SMARTPHONE CALLING APP
As our technology foundation, we used our patented Internet calling platform, developed by
us in Switzerland over the last eight years. We are creating a global smartphone app that is
registered for use on the blockchain with nothing more than an Ethereum address.
CRYPTOCURRENCY CALL CREDIT
When a subscriber’s Ethereum address transfers VOX tokens, using their Ethereum wallet,
to the Talketh app, the user is granted access to the platform and their app credit balance is
increased …no bank or credit card required, just the blockchain!
The value of the credit transfer, expressed in micro Ether, or μΞ, is made available for the
user to spend to access services inside the app; at a fraction of the cost of traditional
cellular calls and messages.
Talketh calls are priced in μΞ and start from as little as the equivalent of 1c per minute!
PEGGING ETHER TO US DOLLAR
Each μΞ credit transfer made is pegged to the US Dollar value of the phone call.
Thus, ensuring our users are not affected by Ξ/$ cryptocurrency value fluctuations.
VOX UTILITY CALL CREDIT 30% BONUS
Our Talketh platform users can enjoy the benefits of our optimized calling service by
redeeming VOX tokens for Talketh voice credit inside the app.
VOX tokens are converted to Talketh μΞ credit at the prevailing VOX/Ξ exchange rate at the
time of redemption. What's more, since using the blockchain means that Talketh does not
pay App Store or credit card fees, a 30% app credit bonus is awarded for VOX redemptions.
All redeemed VOX tokens shall then be burned in accordance with the ERC20 standard.
Our users are rewarded with 0.1 VOX tokens for every $10 value that they top up their
Talketh account by. A total of 5 million VOX tokens has been allocated for our social
Users will feel ownership of our platform when we reward them with bonus call minutes for
their cryptocurrency top ups. This makes us an even more attractive service to our
Talketh is the world's first decentralized and socially inclusive blockchain
communications solution and, one that is open to everyone.
Once the total of Talketh credits reaches $500,000,000, the VOX token rewards will cease.
We seek to establish Talketh as one of the top 10 Internet calling services in the world.
Talketh will use our TGE proceeds to accelerate the delivery, distribution, marketing and
scaling of the world's first blockchain telecommunication service for the unbanked,
underbanked and banked alike.
As veterans in this space, we will strengthen our teams on the ground, create regional
distribution channels and rollout a large decentralized telephone service that will deliver the
best Internet call quality in the world.
LOYALTY TO OUR MEMBERS
Our focus will be to drive Talketh subscriber growth by positioning ourselves as the
ultimate low-cost, high-quality pay-as-you-go communications platform for the
unbanked and the data under-served.
We were founded in 2010 in Zug, Switzerland (aka "Crypto Valley") by our CEO and Internet
telephony patent inventor Brian Collins. Our software focus was developing and licensing
our white-label voice software to cellular operators located in emerging economies.
In 2013, we expanded our research and development facility at the University of Limerick in
Ireland and now have operations in Switzerland, Ireland, United Kingdom, Venezuela and
Singapore; with a total of 11 full time staff along with three part-time regional sales staff.
In 2017, in a Management Buyout of a Nasdaq listed company asset, our CEO purchased our
Internet calling software IP for $2m. We then commenced our blockchain research and
development for our emerging economies voice service at our University of Limerick facility.
OUR UNRIVALLED EXPERTISE
ETHEREUM SMART CONTRACTS
Our blockchain team is led by Andrew Le Gear, PhD and we have already launched
several optimized Ethereum smart contracts. Through these efforts, we have
developed a deep understanding of the operation and optimization of Ethereum.
In the voice space, our team has been developing and deploying optimized Internet
calling solutions over the last 8 years. We have unparalleled experience in the
challenges and solutions that Internet calling needs in emerging economies.
ETHEREUM RENEWABLE ENERGY MINING
In December 2017, we deployed a 10kWp PV-Solar farm to power our Ethereum
solar-mining software. We can mine with up to 72 Nvidia GTX 1070 GPU's,
generating ~2.3GH/s, while consuming a mere 8.1kW of renewable energy!
We thought that it'd be pretty cool, and profitable, to have a carbon-neutral pool of
mined Ether to finance the execution of our smart contracts!
UNBANKED CANNOT AVAIL OF AFFORDABLE INTERNET CALLS
Throughout the world, most smartphone users are aware of affordable Internet calling in
one form or another. However, they cannot subscribe to them because they are unbanked
and have no way of making an online payment.
Other common Internet calling apps like WhatsApp or WeChat provide free app to app calls.
However, these apps need high-speed Internet, users cannot call a cell phone, or a fixed
line, and can only call people who also have this app on their phone.
So, what happens when someone has a slow Internet connection or if they need to make a
regular phone call? The answer is they have to pay cellular prices!
There is an urgent need to ensure the unbanked realize the benefits of
financial inclusion by using the blockchain for digital payments.
Two billion unbanked people are excluded because they are locked in to paying cash to
their cellular operator.
EMERGING ECONOMIES LACK HIGH SPEED INTERNET
The developed world has long benefitted from Internet calling using copper or fibre-optic
based Internet services. However, emerging economies never had cabled Internet delivered
to homes. Emerging economies typically get their Internet service from cellular operators.
The problem is that over 3.5 billion people cannot access the high speed 4G data service
required for traditional Internet calling.
Therefore, only an Internet telephone solution designed from the ground up to work on
legacy 2G and 3G cellular networks can truly meet the needs of the billions living in data
under-served parts of the world.
Talketh is unique in this space. No other app in the world uses as little Internet
bandwidth as the Internet calling technology employed by Talketh.
There is no other Internet calling app in the world today that can accept cryptocurrency as
payment and make affordable calls over legacy cellular data networks.
Management buyout of Internet telephony patented software
Rollout 3 telephony cloud servers
Build first version of Talketh app
Build Ethereum credit management servers
Release v1.0 of Talketh on Google app store
Release v1.0 of Talketh on Apple app store
FINMA regulatory legal Opinion Letter preparation
ERC20 smart contract for token generation event; FINMA Swiss regulator ICO Legal Opinion review
FINMA compliant Know Your Customer process; Release v1.1 of Talketh
Issue ERC20 VOX cryptographic tokens on Ethereum;
Commence marketing activities in Africa, the Americas and South East Asia
Expand telephony capacity for South East Asia
Expand reseller and distribution networks
TOKEN GENERATION EVENT ("TGE")
Talketh is a venture of Horizon Globex GmbH of Switzerland and, in this Token Generation
Event, we hereby offer 37,500,000 VOX Tokens at CHF 1 each, excluding discounts.
• 1 VOX = CHF 1, excludes any discounts that may apply;
• Token supply shall be fixed at 50,000,000; having 18 decimal places of accuracy;
• This Token Generation Event offers 37,500,000 from the total supply;
• VOX tokens are issued according to the ERC20 Ethereum token standard;
• VOX tokens may be paid for in the CHF fiat currency, Ethereum ETH and Bitcoin BTC;
• VOX Contributors must complete our Swiss regulatory-compliant KYC+AML process;
• After KYC approval, VOX tokens will be issued on a first-funds, first-served basis;
• VOX tokens may be redeemed for access to Talketh any time after issuance;
• The minimum contribution is CHF 250, 0.5 ETH or 0.05 BTC;
• There is no maximum contribution.
TEAM LOCK-UP AND DRIBBLE-OUT POLICY
Team members' tokens shall be locked-up so that the sale of their tokens shall be
prohibited for the first 16 months. After this date, we shall permit team members to
dribble-out their tokens for sale up to a maximum of 5% of their initial amount per month
over the next 20 months.
If a member leaves our employment prior to 28th October 2021, we shall transfer their
tokens to the company reserve; for the exclusive use of attracting new employees in future.
Talketh; Interview with Dr. Andrew Le Gear, CTO of Horizon Globex
E-Mail: [email protected]