About TeleX AI
TeleX AI is a chatbot powered by artificial intelligence,designed to provide cryptocurrency-related services through an instant messaging application interface.Every cryptocurrency user and investor alike uses a wallet and exchange software to store and trade their assets; wallet and exchange services are the two primary services that TeleX AI provides. TeleX AI have chosen to leverage on Telegram because of its convenient technical infrastructure and popularity in cryptocurrency communities.
|Token Name||TeleX AI|
|Restricted countries||No restrictions|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
TeleX AI saves cryptocurrency users time, eliminating the need to go through a lengthy registration process and get used to a new interface, which may be full of complex functionalities to learn. With TeleX AI, all one has to do is to open a chat with TeleX AI; users do not install a new application. The initial market research conducted by TeleX AI team shows simplicity and convenience in user experience is what the millennial cryptocurrency users are looking for.
Users of TeleX AI are able to store multiple cryptocurrencies in their Telegram account, and send coins among themselves instantly with no fee by simply messaging with TeleX AI. It is also possible to buy and sell cryptocurrencies directly through TeleX AI. Apart from these basic wallet and exchange functionalities, TeleX AI envision endless possibilities that can be accomplished with the TeleX AI infrastructure, such as providing market data, selling mining contracts, giving trading signals, etc.
The project is managed by Telex AI Company Ltd, which is incorporated in United Kingdom with the company number 11040102, whose registered office is at 71-75 Shelton Street, Covent Garden, WC2H 9JQ London. The general managerial duties are handled by Can Soysal, Vaughn Murphy and Nathan Sharp.
Being a research and teaching assistant at Middle East Technical University, his current academic studies are focused on jurisprudence and legal theory. He takes seats in several cryptocurrency startups, such as Bitkapital, CoinTurk, The Blockchain Brokerage, Payyex, and Cryptomerian. His duty in TeleX AI is to lead the overall development and execution of the project’s long-term strategy while also actively managing the company’s administrative and financial affairs as well as the day-to-day operations related to product development.
The TeleX AI workflow is outlined in the figure below. Users interact with the chatbot through the Telegram interface; the conversations are interpreted and processed by the chatbot backend, which is connected to the liquidity engine. The liquidity engine tracks the user balances and routes the deposits to several altcoin exchanges to provide liquidity. The orderbooks of those altcoin exchanges are copied and whenever a user gives an order through the Telegram interface, the order is given in one of the attached exchanges, depending on the price and availability of TeleX AI’s pooled funds in those exchanges.
When a user buys cryptocurrency on TeleX AI, their account will be credited with the exact amount of coins that are purchased from the external altcoin exchange; there is no fee taken by TeleX AI. This model will hold during the experimental prototype period, but the production-ready TeleX AI will require a fee from each trade. The additional services offered through TeleX AI, such as trading signal subscriptions, will also require a fee payable by the user.
It will be arranged so that no user will have to actually hold their tokens. There will always be a certain amount of TeleX AI Tokens for sale, and whenever a user is to pay a fee, the tokens will be automatically bought at market price and the fee is paid seamlessly, without the user dealing with the token exchange needed for the fee. If the user actually has a balance of TeleX AI Tokens, the fee will be paid directly from their balance.
Vaughn Murphy MARKETING MANAGER
Nathan Sharp INDEPENDENT DIRECTOR
Chad Nelson LEAD DEVELOPER
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