Telluria ICO (TELA)

Telluria Marketplace


Telluria presents itself as a highly advanced technological exchange system, where high speeds and reliable trading is ensured by technological solutions based in intellectual balancing algorithms and load destribution. User and asset data is secured through the use of inbuilt defense algorithms and multifactor authentications. Aside from this, Telluria provides for rapid fund deposits and withdrawals, an easy to understand interface, as well as low trade commissions. Telluria – is an innovative, new generation cryptocurrency marketplace, which eliminates the issues of existing solutions, significantly expands the possibilities of traders and allows for maximum profits to be drawn with minimal risks. Telluria goal – to create a cryptocurrency marketplace, free from the short comings of existing platforms, allowing for millions of secure transactions to be made every second, and thus, a platform that increases trader profits. The Telluria team has created a highly advanced technological product, which is 95% complete.

Cryptocurrency Investment Legal Platform Smart Contract
2.9

by expert rating and reviews


2.9
ICO PROFILE
TEAM
VISION
PRODUCT
Ended
Token TELA
Platform Ethereum
Price 1 ETH = 5,200 TELA
Country Austria
ICO Start Date 07 May 2018
ICO End Date 02 Jul 2018

About Telluria

Analysis of current tendencies

Over the course of a few years, the cryptoasset market developed rapidly. The market capitalization surpassed $830B, a massive quantity of new traders entered the market, the amount of cryptocurrency funds increased significantly.

However, at the start of 2018, the rapid growth came to a stall, and was replaced by a prolonged correction. By the end of the first quarter, market capitalization dropped below $300B. Many traders and funds suffered through huge losses. According to data gathered by Eurekahedge, the profitability of cryptofunds dropped from 1708.5% in 2017 to -56.67% during the first three months of 2018. According to Bloomberg, at least 9 cryptofunds closed their doors in 2018.

Despite this, there are market participants that have managed to demonstrate positive profitability even under such challenging conditions. Stemming from the market drop, the strategy of long term investments in base cryptoassets (BTC and ETH), stopped working. Nonetheless, the cryptomarket still retains its high volatility, and it is exactly that, which is the source of impressive profit.

The key to success lays within the formulation of a well thought out strategy, one which assumes regular trading operations and the monitoring of various asset prices. Another instrument which allows for drawing profits in volatile market conditions is marginal trading.

This results in a significant growth behind the importance of cryptocurrency exchanges, due to only them allowing for profitable trade operations to be made. The entire market is dependent on the effectiveness and stability of exchanges.

Team

Vladislav Chetyrkin member of Telluria ICO
Vladislav Chetyrkin
Company director. Coordinator of the software development department. Co-founder of the company
Alexander Utschitel member of Telluria ICO
Alexander Utschitel
Head of AML / KYC Compliance Department. Co-founder of the company
Christian Otto Ries member of Telluria ICO
Christian Otto Ries
Economic adviser. Co-founder of the company

Milestones

  • 1

    August 2017

    Commencement of business - idea, strategy, creation/formation of the team, development of the prototype.

  • 2

    November 2017

    Registration of the company in Austria - the country with the blockchain- friendly jurisdiction, aimed at the crypto currency regulation.

  • 3

    March 2018

    95% readiness of the project - completely operating product with the basic set of functions. Testing of the system under the conditions of repeated short-term and long-term increase/change of load.

  • 4

    April 23, 2018

    Engaging Ethereum technology. ICO announcement. White Paper publishing.

  • 5

    May 7, 2018

    Start of ICO.

  • 6

    June 2018

    Launch of the trading platform / crypto exchange.

  • 7

    July, 2018

    Registration/Obtaining PSP license in Asia.

  • 8

    August 2018

    Registration/Obtaining E-Money license in Europe.

  • 9

    2019

    Registration/Obtaining E-Money license in the USA and Asia.

  • 10

    2020


    Start of the project phase on opening of both the cryptobank and pay system based on blockchain-technology in Europe.

Financial

Token Sale Info
Token TELA
Token Type ERC20
Platform Ethereum
Price in ICO 1 ETH = 5,200 TELA
Tokens for Sale 150000000
Investment info
Accepting ETH
Distributed in ICO 50%

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