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Ratings Miracle Tele

Blockchain Mobile Operator with Token Rewards

Our telecom ecosystem is a fully-functioning solution that fuses advanced telco features together with fintech tools. 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 tools via blockchain all in one place. Miracle Tele is to set the new standard in the mobile telecommunications industry—so that it becomes more competitive and innovative—and make it possible for the customers to receive rewards thanks to the blockchain technology and collaborative economy.

3.5
18 17 expert ratings
Benchy 4.1
KYC
Experts
3.3
3.2
3.5
Review: download now PRO
174 days 19 hours left
2018-10-15 - 2019-10-15
Token
TELE
Type
Price
1 TELE = 0.13 EUR
Bonus
Available
Bounty
Platform
Accepting
ETH, BTC, ETC, DASH, LTC, Fiat
Minimum investment
10 EUR
Soft cap
150,000,000
Hard cap
300,000,000
Country
Whitelist/KYC
None
Restricted areas
USA, China, South Korea, Singapore
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Hung Chih (Jason Hung)
Cofounder of International Consensus Association | Investor Relation | China Market
Rated on Feb 9, 2019
Modified on Feb 9, 2019
3
3
3
7%

Sounds a good idea, the major challeng but I didn’t find any existing operator experience or telecomm business foundation from core team.

Telecomm is a labor intensive servic industry which may need more capital to initiative the business.

I’ll recommend project team provide more information to convince investor.

+1Agree
+1
Disagree
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Ian Scarffe
Blockchain Consultant, Advisor. ICO, STO. Founder at Crypto Consulting and Investments LTD.
Rated on Jan 17, 2019
3
3
4
7%

First of all it is good to see that they have a working product available in the app store, this is a huge plus. However, whilst the team members they have look solid, they need to strengthen by adding more numbers, particularly advisors.

+6Agree
+6
Disagree
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Dmitry Pshenin
CBDO LATOKEN exchange| Cryptoinvestor | Advisor | Listing | Networker
Rated on Feb 11, 2019
3
5
4
7%

It's an interesting idea. It isn't a completely transparent product and a clear vision for the market. But the problem there is. High prices for roaming and calling. So the project makes sense. The team needs to strengthen people from the industry.

+1Agree
+1
Disagree
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Conston Taylor
ICO Advisor | ICO Analyst | Blockchain Researcher
Rated on Jan 3, 2019
4
2
2
6%

At a high level, the challenge that I have with this and other telecom disruptive models is that the world is moving away from sim cards just like the world moved away from CDs to digital streaming. Through WIFI technology you can speak to anyone in the world for free

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

+1Agree
+1
Disagree
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Kyon Yoshihara
Direct Marketing Manager,ICO produce
Rated on Jan 17, 2019
3
3
4
6%

I think that it is wonderful that MVP exists in their project.
KYC is also completed and I think that it is a safe project, but the token balance stated in the white paper is somewhat concerned.

+5Agree
+4
-1Disagree
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Irwin Chee
ICO Advisor | Blockchain Enthusiast | Venture Capitalist
Rated on Jan 3, 2019
3
2
3
6%

Don't really see the use case for blockchain for this project. The team should beef up its number of advisors as well to get more expertise in this field.

Agree
0
Disagree
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Miruna-Maura Barbulescu
Entrepreneur, Author and Marketing Specialist
Rated on Jan 4, 2019
3
5
5
6%

They managed to pull in a working MVP in App store and Google Play with just 11 Team members and 1 advisor. Now that's impressive.

However, for a successful long term big project such as this, you need more numbers. Highly recommended to recruit more qualified team members and advisors.

+2Agree
+2
Disagree
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Sergey Sevantsyan
International Public Keynote Speaker, Blockchainer, Adviser, ICO Supervisor, Investment Relations and International Community Relations Manager
Rated on Feb 1, 2019
5
5
5
5%

As well as at last century, when tele- communications for the humanity become something miracle and magic so for now newborn amazing and faithful blockchain industry comes on worlds's arena as new ethalon of trust, transparency and fair. We truly believe that mobile and telecom industry should be for people as default right in our dramatically increased mobility over the world. Let's use a chance to grow up this great Miracle Tele Operator for use telecommunications much more fair and cheaper!

+1Agree
+1
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Krishnendu Chatterjee Ph.D.
Blockchain | Tokenization Strategist| Whitepaper|Tokenomics | BD| Fundraising
Rated on Dec 26, 2018
3
2
4
5%

White paper - The white paper is unique as well as detailed in its outlook. The application of blockchain is understable for the part of data protection of the owner but baffles me as to why a blockchain based system is necessary when encryption can handle call security and protect callers from eavesdropping (something like whatsapp/ telegram). Having a blockchain system is also not needed for allowing payments in crypto. The business model of incentivization by staking is quite attractive for investors if the project is successful.

Team - The team composition is diverse but small. The advisory is almost non-existent but is not central to the propagation of the project.

Tokenomics - The tokenomics is clear. They plan to sell 50% of tokens to raise money. 20% is for founders while 20% for promotion, 5% legal and 5% bounty. For a fully operational project 5% bounty is a bit harsh for the investors. Funds allocation is not mentioned.

Business Model - The business model is clear - Use tokens for payments and stacking. Once the ICO is over the tokens would be the currency in use inside the platform making the whole process transparent. But pricing is an issue, Example - For buying 1GB data, one has to spend 10+ Euro, when one can easily buy a tourist sim and have it much cheaper. Even the call costs of 0.2 Euro cents/ min is among the highest! The profit margin would depend on the negotiations but customer penetration would be an issue with these high cost! People might use it for its novelty but unless pricing is at par with the current providers acceptance would be minimal.

MVP/ DApp/ Working Product  - They have an MVP already and the APP is available in Android and iOS versions, which is a huge plus!

+1Agree
+1
Disagree
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Daryl Naidoo
Founder of Promethean Dynamics | Blockchain Advisory Council | Union of Crypto Advisors | Bitnation Ambassador | ICO Advisor | IEO Advisor
Rated on Jan 30, 2019
3
3
3
5%

While the concept is interesting and there is no doubt a massive need to disrupt the current models used by telecoms companies. I'm not so sure if sim based telecoms has a long lifespan. There is a push towards IP based telephony so I would imagine that sim based solutions will slowly be phased out. They do have a strong team with good telecoms experience but I think they could certainly expand the team in terms of technical resources.

Agree
0
Disagree
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Iulian Anghelin
ICO - STO - DAICO Advisor, Investor Relations, Public Speaker
Rated on Feb 1, 2019
3
3
3
4%

Like all projects, this can also find its success on the market, but because this happens, it will require a lot of work and always at the top, as it is a very complicated sector that in here they are trying to land, very competitive and full of big competitors.

Currently there are thousands of good deals from "traditional big" and at prices to say the least tattered, so the competition with them is very hard because they have the quantities.

The present team is fairly well distributed and each of them presents more than decent experience, despite still lacking a bit more blockchain, as perhaps a pair of successful and already established advisor.

Whitepaper and website are well taken care of and present useful information. Marketing is also quite active and communication channels are also well kept.

There is an abysmal difference between the softcap and the hardcap, while the ICO price in my opinion is quite high for the current market conditions. The timing of crowdfunding is very long, which can negatively affect small investors, since many of them are not willing to wait so long to see results, not the same for big investors, who usually invest in the long term.

The reserve fund is missing in the token distribution, while 20% for the team and 5% for the Bounty tend to be a bit excessive.

I wish you luck in the developments, although you are going to a very difficult undertaking.

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0
Disagree
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Sayali Joshi
BLOCKCHAIN EXPERT, ICO and STO Marketing and fundraising consultant
Rated on Jan 9, 2019
4
2
2
4%

Core team is having faces but lacking with advisors I can see only one advisor with team so just 4 there in team.

use case of blockchain can’t convince me and MVP seems just Normal.

Contact me with more information that can convince me I will revise ratings

Agree
0
Disagree
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Yogesh Trivedi
Blockchain Technology, eCommerce, Agile Software Development Consultant
Rated on Feb 14, 2019
3
4
3
4%

team does not seems to be experience in developing such a good project as stated in problem section. Challenge of telecom industry is described properly in documents. Lets see hows its going to perform.

Agree
0
Disagree
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Liliana-Delia Trocan
Journalist, PR, Business Woman and Crypto Enthusiast
Rated on Dec 31, 2018
3
5
5
4%

This project is still in its initial stages from what I've seen.

They have 11 team members and 1 advisor, I truly recommend you to enhance your team and get more advisors on board.

The project is not the first of its kind, as I've seen many similar projects on the market. However, they seem to have a somehow different approach to this and I am curious how will they make a difference.

As for the actual product, their MVP link redirects to their website. However from what I've seen, they have an actual MVP and the APP is available in Android and iOS.

+1Agree
+1
Disagree
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Hamza Khan
Consultant | ICO Advisor | Developer | Stellar Blockchain Expert |
Rated on Apr 22, 2019
4
3
4
4%

KYC ✔
Team ✔
Advisors ✖
Whitepaper ✔
MVP ✔

Working Product available on app stores that is a plus point for this ico but less number of advisors and less experienced team in telecom sector from my point of view.

+4Agree
+4
Disagree
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Federico Natali
Partner at Midas Capital
Rated on Jan 29, 2019
3
2
2
3%

I have serious doubts about the new consensus mechanism they offer (PROOF-OF-POTENTIAL), it seems weak and not tested enough to be used for this application.

The product relies too much on Sharding and Plasma, which - as of Jan 2019 - are still far from reality and are not practical solution.

TELE tokens are supposedly backed by "mobile traffic and airtime" of the company and they give rights to biweekly rewards. It is unclear how it could be a bridge for seamless internal payments, and not a friction. It is unclear why and how the token should protect from external shocks or depreciation.

Last section of the whitepaper is full of buzzworld which have not anything to do with the core of the project itself and are outside of scope(AI, IoT, Cloud, etc).

It is difficult that the teamwill achieve what it has been promising here.

Agree
0
Disagree
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GyuTae Byun
Cryptocurrency analyst
Rated on Jan 30, 2019
Modified on Jan 30, 2019
3
2
2
2%

This project is too cliched. And even prototypes are just a simple APP.prototypes. I have experienced many ICOs. If you are interested in this project, you will have to study more and it is important to understand the shortcomings quickly. And this was way too far behind trend. This is already seen on the market. The team members of this project are likely to be even more marketing.

Agree
0
Disagree
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Benchy
ICO analyzer bot
4.1
16%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Burciks Andrejs
Passed
Aleksandar Djordjevic
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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