Objective: To establish strategic TEL price target ranges tailored to the varying costs of Tier 1 (T1) exchange listings, enabling proactive preparation, efficient budget management, and alignment with market conditions.
Background
Telcoin’s community and council aim to secure a Tier 1 (T1) exchange listing to enhance liquidity, visibility, and adoption. Listing fees for T1 exchanges vary significantly (e.g., estimated at $2 million but potentially higher or lower depending on the exchange). Selling the required TEL at the current price ($0.004) could demand ~500 million TEL for a $2 million fee, consuming a substantial portion of the budget. Delaying the listing proposals until “the time is right” risks missing market opportunities due to crypto’s volatility. Early proposals were intended to prepare for listings, but without a clear strategy tied to specific exchange costs, progress is stalled.
This proposal recommends setting tailored TEL price target ranges for different T1 exchanges based on their estimated listing costs, incorporating these into early proposals to align with market dynamics and T1 exchange requirements (e.g., high trading volume and social media engagement, as noted by council member Adam).
Proposal Details
- Establish TEL Price Target Ranges Based on Exchange Listing Costs
To optimize the budget and reduce the amount of TEL sold, the council should agree on specific TEL price target ranges tailored to the estimated listing fees of different T1 exchanges. For example:
- Exchange A (e.g., $2M listing fee): Target TEL price range: $0.015–$0.025.
- At $0.015: ~133.33 million TEL.
- At $0.020: ~100 million TEL.
- At $0.025: ~80 million TEL.
- Exchange B (e.g., $1M listing fee): Target TEL price range: $0.010–$0.015.
- At $0.010: ~100 million TEL.
- At $0.015: ~66.67 million TEL.
- Exchange C (e.g., $3M listing fee): Target TEL price range: $0.020–$0.030.
- At $0.020: ~150 million TEL.
- At $0.030: ~100 million TEL.
These ranges reduce the budget impact compared to the current 500 million TEL ($0.004 for $2M) and align with realistic market expectations for each exchange.
- Incorporate Price Targets into Early Proposals
- Update early proposals to include specific TEL price target ranges for each targeted T1 exchange based on their estimated listing costs, redacted to keep inline with relevant NDAs.
- Outline a clear plan to sell the necessary TEL when the price enters the target range for the chosen exchange, ensuring funds are secured efficiently.
- Include contingencies for partial funding (e.g., allocating a portion of TEL at a lower price to hedge against market drops).
- Align with Market Dynamics
- Target listings when TEL’s price hits the exchange-specific range and trading volume and social media engagement (“noise”) are high, as these are critical for T1 exchange approval.
- Leverage community-driven campaigns to boost social media activity during price pumps to strengthen Telcoin’s listing case for each exchange.
- Execution Plan
- Step 1: Council identifies target T1 exchanges and their estimated listing fees, then approves tailored TEL price target ranges for each.
- Step 2: Integrate these price targets into early proposals for each exchange.
- Step 3: Monitor TEL’s price and market conditions via real-time data (e.g., exchanges, CoinMarketCap).
- Step 4: When the price enters the target range for a specific exchange with sufficient volume, execute the sale of TEL to cover the listing fee.
- Step 5: Submit the listing application to the target exchange, ensuring compliance with regulatory and technical requirements.
- Step 6: Communicate progress transparently to the community to maintain trust and drive engagement.
Benefits
- Budget Efficiency: Tailored price targets minimize the TEL sold for each exchange’s listing fee, preserving funds for other initiatives.
- Market Readiness: Pre-agreed price targets for specific exchanges enable rapid action when market conditions are optimal, avoiding delays in volatile markets.
- T1 Appeal: Aligning listings with high volume and social media activity strengthens Telcoin’s case for each exchange.
- Flexibility: Different price targets for varying listing costs allow the council to pursue multiple T1 exchanges strategically.
- Community Confidence: Transparent planning fosters trust and encourages community-driven promotion, amplifying social metrics.
Considerations
- Market Volatility: The council should monitor price trends and adjust target ranges if needed (e.g., if TEL consistently exceeds $0.030 for higher-cost exchanges).
- Exchange Requirements: Ensure proposals address additional T1 criteria (e.g., regulatory compliance, technical integration) specific to each exchange.
- Community Engagement: Coordinate with the community to sustain social media momentum during price surges to support listings.
- Risk Mitigation: Consider phased funding (e.g., partial TEL sales at different price points) to hedge against price drops for each exchange.
Conclusion
By setting tailored TEL price target ranges (e.g., $0.015–$0.025 for a $2M listing, $0.010–$0.015 for a $1M listing, $0.020–$0.030 for a $3M listing) and integrating them into early proposals, the Telcoin Council can strategically prepare for T1 exchange listings. This approach balances budget constraints, leverages market momentum, and aligns with exchange-specific requirements, positioning Telcoin for success. I urge the council to vote on this proposal and establish a clear path forward for T1 listings. Approving exchange-specific price target ranges and updating early proposals in line with relevant NDA guideline’s to enables swift action when market conditions align for each targeted exchange.