Deutsche Telekom is expanding into blockchain and Bitcoin mining. This news is expected to bolster Ethereum altcoins as it is one of the largest telecommunication providers in Europe. Deutsche Telekom is involved in Web3 infrastructure, including validation roles for major networks like Polygon and Ethereum.
Thus, this move is expected to positively influence Ethereum-based projects such as RCO Finance (RCOF). Also, crypto investors are excited about the news and look forward to exploring more Ethereum-based tokens. Let’s learn more.
What you'll learn 👉
Deutsche Telekom Expands Blockchain Initiatives
Deutsche Telekom, Europe’s largest telecommunication provider, announced plans to start Bitcoin mining. Founded in 1995, it has offered services in fixed-line, mobile communications, and IT solutions since then.
Dirk Röder, head of Web3 infrastructure at subsidiary T-Systems MMS, made the announcement during the BTC Prague conference. He revealed that the company has been operating Bitcoin and Bitcoin Lightning nodes since 2023 and has been one of the validators of the Polygon network since May 2023.
In addition, Deutsche Telekom MMS also serves as a validator for Q, Flow, Celo, Chainlink, and Ethereum. They are also working with Fetch.ai Foundation and Bosch to advance AI and Web3 technologies.
Thus, experts believe that Deutsche Telekom’s involvement with the Web3 industry boosts Ethereum altcoins. The old company can significantly influence Web3 projects on Ethereum, like RCO Finance, which uses AI to offer advanced trading platforms.
RCO Finance: Leading DeFi with AI-Driven Financial Solutions
RCO Finance sets itself apart in the DeFi and Ethereum ecosystem by leveraging AI for innovative financial solutions. Users can directly buy stocks, bonds, and real estate with cryptocurrency, bypassing extensive KYC procedures for easier and more confidential investing.
Built on the Ethereum blockchain, RCO Finance uses AI and ML algorithms to enable direct investment in real-world assets autonomously without human intervention. Its AI-driven Robo Advisor uses live data analytics to create better investor portfolios.
The Robo Advisor learns user behavior and preferences to provide personalized trading recommendations. It promotes data-backed trading over emotional decisions. As a result, you will make better investment decisions and grow your portfolio with fewer setbacks.
Moreover, RCO Finance offers a variety of trading options, including regular margin trading, perpetual derivatives markets, futures, etc. Users can grow their portfolio significantly by borrowing and investing in assets from the platform or opting for cautious trading within the platform.
RCO Finance earns through a 1% buy tax and a 4% transaction tax. Other sources of earnings include DeFi card usage fees, liquidity pools, loan offerings, and premium access fees. The tax generated will then be used in development and marketing activities.
It also offers rewards to holders by their tiers. An investor’s tier is based on their holdings; the more you hold, the more you earn. For instance, if you hold $50k, you’ll get 1% dividends. However, an investor holding $250k will receive 6% dividends from RCO Finance.
RCOF Token Predicted to Surge 3,000% Post-Presale
Built on the Ethereum blockchain, RCOF is the native token of RCO Finance and has seen significant adoption since its debut. Industry experts predict a 3,000% surge in RCOF’s value once its presale ends.
RCOF token uses a deflationary model and burns any unsold tokens. In return, this increases the scarcity and value of the tokens, which will enhance the token’s long-term growth.
In addition, the tokenomics of RCO Finance suggests that the team’s tokens are locked for three years. Thus, the team can’t sell their token simultaneously; it will be vested for long. It will build trust within the community.
Currently, RCOF is available at $0.0127 in Stage 1 of its presale, with expectations to reach $0.4-$0.6 upon listing. The token’s smart contracts have been audited by SolidProof, ensuring investors’ safety and gaining trust.
Participants in the presale can use the RCOF30 code for a 30% discount. Early investors benefit from ROI, discounted trading, and tiered cash prizes.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
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