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.
When a subscriber’s Ethereum address transfers VOX tokens 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!
VOX tokens are acquired by our users by simply scratching off the foil on the Talketh blockchain scratch-card. 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!
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.
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 inclusion rewards.
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 unbanked users.
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.