We aim to on-board millions of people to the blockchain using the Talketh blockchain communications technology aimed squarely at the unbanked throughout the world.
With this ICO, we will expand our crypto-scratch-card distribution channels, increase our voice connectivity as well as actively promote and market Talketh in emerging economies.
BLOCKCHAIN REINVENTING ANOTHER INDUSTRY
Talketh is a smartphone communications app with its own Ethereum cryptocurrency wallet and frictionless blockchain payment service. The World Bank estimates that 1.7 billion adults remain unbanked, yet two-thirds of them own a mobile phone. Talketh bridges this gap with its cryptocurrency scratch-card that’s distributed in emerging markets, paid for in local fiat currency, and is then redeemed for Internet call-credit, without the need for a bank account. Low cost Internet calls used to be only for those fortunate enough to have a bank account, not anymore! This is the blockchain reinventing yet another industry. More info - https://talketh.io
CALLS FOR ALL
The Talketh app is powered by Globex’s patented ultra-low bandwidth voice software. The GSMA estimates that there are 3.3 billion mobile Internet users with just 29% having access to high-speed broadband. Globex’s optimized app needs 9x less Internet speed than Skype and was designed to work for all mobile Internet users, especially for those 2.3 billion people connected to a slower 2G and 3G mobile Internet service typically found in emerging markets.
BLOCKCHAIN PAYMENTS FOR THE UNBANKED
Blockchain technology is designed to be financially inclusive thanks to its decentralized nature. There ought not to be any central organization controlling individual access to cryptocurrency and blockchain technology.
Sometimes such new approaches are not welcomed by governments or traditional financial institutions leading to forced technological exclusion in some countries. However, in the world of the unbanked, blockchain could turn out to be a lifesaver.
Before Talketh, a person was required to have a credit (or debit) card and/or a bank account in order to use digital payments to purchase call credit using PayPal or iTunes etc. Being unbanked meant that digital payments were not available to you. Now with Talketh’s blockchain scratch-cards, everyone can avail of affordable calls.
Leveraging Globex’s 8+ years’ experience delivering mobile communications and driven by its powerful management team, Globex is breaking-down technology barriers and delivering a blockchain-enabled communications service that can be used from New York to Nairobi. Talketh users can call each other for free or they can choose to seamlessly pay a small amount on the blockchain to digitally call a local landline, a cell phone or even call loved-ones overseas; at prices well below their local cellular operators.
OUR SWISS ICO
The ICO seeks to raise up to $35 million to fuel Talketh expansion, marketing and operations by issuing the VOX tokens. The VOX token is issued in accordance with the Ethereum ERC-20 standard and is even open to U.S. investors under the SEC Regulation D, Rule 506© registration-exemption. In addition, VOX is designated as a Utility token pursuant to the Swiss Financial Market Supervisory Authority token offering guidelines published on February 16th, 2018.
Utilizing a Swiss or US financial intermediary’s KYC smartphone app, ICO participants can safely purchase VOX tokens using US Dollars, Swiss Francs, Ether or Bitcoin. To learn more about the offering and participate visit https://talketh.io/kyc.