INTRO
Electroneum is the first cryptocurrency designed around mobile ubiquity. It is designed for the estimated 2 billion smart phone users around the world and with mobile mining, easy transfers, online and offline Wallets.
Electroneum is a currency that will allow anyone easy access to a cryptocurrency regardless of technical ability. With just few minutes of installing the mobile app any user can see Electroneum and can have unique mobile mining experience. Easier to mine and easier to understand . Almost all cryptocurrencies are “mined” with specialist equipment. Electroneum can be obtained via the mobilemining experience on the app. Electroneum has developed a fully functioning crypto coin with some very unique features and has identified multiple markets and created a free Apple and Android app that allows Electroneum to start penetrating those markets from day one after the token sale. Electroneum uniqueness is this that it is more accessible and more understandable for the average person and has great security and anonymity of the leading crypto coins but it’s controlled by a free, easy to install app, which gives user instant access to Electroneum with no card details or ID’s.
Electroneum is a currency that will allow anyone easy access to a cryptocurrency regardless of technical ability. With just few minutes of installing the mobile app any user can see Electroneum and can have unique mobile mining experience. Easier to mine and easier to understand . Almost all cryptocurrencies are “mined” with specialist equipment. Electroneum can be obtained via the mobilemining experience on the app. Electroneum has developed a fully functioning crypto coin with some very unique features and has identified multiple markets and created a free Apple and Android app that allows Electroneum to start penetrating those markets from day one after the token sale. Electroneum uniqueness is this that it is more accessible and more understandable for the average person and has great security and anonymity of the leading crypto coins but it’s controlled by a free, easy to install app, which gives user instant access to Electroneum with no card details or ID’s.
What is Cryptocurrency ? A brief explanation.
A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are classified as a subset of digital curriencies and are also classified as a subset of alternative currencies and virtual currencies. Bitcoin is the first cryptocurrency designed and is very demanded cryptocurrency now a days and till now more than 800 alternative currencies ( also known as altcoins) are now existing in market and Ethereum is very popular among atlcoins. Let’s clear it much more by the following simplified real live examples,
Money is a way of storing your hard work in a convenient way to exchange for someone else’s hard work. We’re so used to money in its modern day form that we don’t spend much time thinking about it as a concept. Modern fiat currency (Fiat currency is legal tender whose value is backed by the government that issued it. The U.S. dollar is fiat money, as are the euro and many other major world currencies. This approach differs from money whose value is underpinned by some physical good such as gold or silver, called commodity money) such as the US Dollar and the Great British Pound are based on trust. These traditional currencies are no longer backed by anything except trust.
Trust works well in very large, stable, economies, however most of the world is made up of poor countries with less stable economies. When a government is short of money, it is awfully tempting to print. The concept of a cryptocurrency is not just a way to transfer money between people, it is an entirely new way of thinking about money.
Trust works well in very large, stable, economies, however most of the world is made up of poor countries with less stable economies. When a government is short of money, it is awfully tempting to print. The concept of a cryptocurrency is not just a way to transfer money between people, it is an entirely new way of thinking about money.
Electroneum: What’s the attraction for investors ?
Electroneum is a new, easy to access cryptocurrency, will appeal to regular people in larger numbers than we’ve seen with existing crypto-currencies such as Bitcoin and Ethereum. Electroneum will have great appeal for:
• Long-term investors. Those who wish to buy and hold Electroneum for its future value.
• Digital coin speculators. Those looking to acquire Electroneum coins and sell them to other investors and speculators to generate short term gains.
• Long-term investors. Those who wish to buy and hold Electroneum for its future value.
• Digital coin speculators. Those looking to acquire Electroneum coins and sell them to other investors and speculators to generate short term gains.
For many, mining Cryptocurrencies may seem like an overwhelming and all round too-technical concept. Naturally this puts many who feel technically disadvantaged in a difficult position; they want in on the cryptocurrency trend but feel alienated from the trend. That’s why Electroneum have outlined an easier option for everyone, through gaming. Electroneum plans to change the way gamers and game companies work together during the constant migration of gamers based on trends and what’s new. Think back to apps like Pokemon-Go or flappy bird, it’s been proven that retention rate of online games remains at just 20% after the first initial 30 days. With gamers seeking so many new and exciting gaming possibilities, these games rely on virtual currencies which can be seen as “in-play” store of value-What Electroneum hopes futuristically to achieve, is to potentially allow gamers to transfer their hard work from one game to another by enabling them to monetise their “in-play” virtual currencies.
Achieving this involves game companies backing- in terms of supporting the currency on its platform which becomes a business incentive in various ways!
-It offers a new entry and exit revenue stream
-Access to new players who are searching for a market in which to spend their coins
-Publicity as the first adopters stand to gain huge publicity for taking steps to bring virtual currencies into the real world.
Over the last twenty odd years gaming as an industry has grown exponentially in both Capital and popularity amongst the masses. At the end of 2016 Block-chain industry (cryptocurrency) had reached around $90 billion, just $9 billion behind the gaming industry! With gaming taking place online more each day, Block-chain technology has the potential to impact the market significantly whether through the use of digital coins or tokens as a way to purchase features and upgrades “In-Game”-or using Block-chain-based applications to create gaming stores or even play games directly. The potential is infinite, and the investment? Unmissable potential!
But if you need more proof then look no further than the online successes of DigiByte and GameCredits; In the past year, these two cryptocurrencies have experienced large growth extending to both its capital and price-Both coins are available for “in-game” trade on exchanges like Poloniex and Bittrex; creating influential paths into the gaming community- DigiByte saw a 4,000% surge in price growth simply down to a rumour! Whereas GameCredits has seen a 300% rise in price with its gaming store seen to be rivalling Google play in terms of purchases and downloads. It’s simple to see how crypto currencies and block-chain technology have the potential to dominate the game industry.
That’s why Electroneum has focused its research and attention on this huge potential market for the use of Electroneum. The speed of its market penetration into each of these will depend largely on the funds raised in the Crowdsale ICO which is why it represents such a great investment! For more information, how you can get involved, visit the Electroneum website here; http://electroneum.com/
Most virtual currencies (Altcoins) have a certain level of difficulty for the average user, from a system to buy it complex to the simple fact of finding that currency to acquire it.
Electroneum has solved these access problems and is a super safe Criptomeda that has all the benefits of Bitcoin and more. Transactions on Electroneum happen much faster and are also anonymous. Did you know that anyone with your Bitcoin public wallet address can see how many bitcoins you have, and all of your transaction history.
Electroneum protects your Wallet and your transaction history, leaving only public transactions accessible to hashes and available to the most technically demanding to authenticate transactions.
Soon you will be able to download the Electroneum application and try to mine your Smartphone your first online Electroneum coin with wallet in a matter of minutes! To do this register at this link — https://my.electroneum.com/login — If you have a Facebook account it is even easier
Crowdfunding is an investment mode where several people can invest small amounts of money in their business
Bitcoin Mining is the process of adding transaction logs to Bitcoin’s public ledger, which stores past transactions. … Mining is also a mechanism used to introduce Bitcoin coins into the system: Miners receive fees and a subsidy of new coins created.
Blockchain is a type of DISTRIBUTED DATA BANK that keeps a permanent and tamper-proof transaction record. The blockchain database consists of two types of records: individual transactions and blocks.
Main differences of Electroneum
- The maximum volume of currencies of 21 billion, which will mean that transactions have only two decimal places and have a “real money” feel that Bitcoin does not have.
- The electronics (Wallet) can be easily managed on a smartphone, and you can do the mining on your own Smartphone.
- It allows for very fast microtransactions and currency can be transferred between different applications, games and users.
- It is based on its own string of blocks built specifically, unlike many other coins released in 2017 so far.
- It has a specific development team for the project, with the clear objective of entering and dominating the mobile exchange market.
Summarizing my opinion on this Project
Electroneum was made for the regular Smartphone user, that’s right, it’s very easy to use, with a team of highly qualified professionals with a very clear purpose in your Whitepaper, not only I believe but I’m sure it’s an excellent investment , both short-term and long-term.
The fact that you can mint the coin in your Smartphone attracts attention, and this is fantastic because we will have the new inclusion of users that do not have very technical knowledge on the subject, but have heard of bitcoin or other virtual currencies.
The Smartphone market is gigantic worldwide
Electroneum Crowdsale ICO
Electroneum have an app that allows you to manage your online funds by sending and receiving payments with the convenience of simple QR code scanning but it goes into completely new realms by offering the user a cryptocurrency mining experience, without the technical knowledge or specialist hardware that is required for Bitcoin or Ethereum mining.
Raising Money
Electroneum are raising money via a crowdsale ICO ( Initial Coin Offering) which will take Electroneum into the mass market. Electroneum represents a unique investment opportunity.If you would like to get involved, head over t0 ICO Registration Page and log in to ICO Manager that will enable you to buy Electroneum at a substantial discount. Join The CrowdFunding ICO https://my.electroneum.com
The Electroneum Crowdsale Token Sale.
Electroneum is raising funds via a token sale. Allowing investors a
chance to purchase Electroneum in advance of it being listed on the
various exchanges.Electroneum will be holding its token sale on September 14th, 2017. The token sale will run until the initial coin block has been taken up or October 31st 2017. There will be a total of (6.3 billion) Electroneum coins available for $0.01 US Cent each at the offering and payment must be
made in Bitcoin, Ethereum or USD International Bank Transfer.
chance to purchase Electroneum in advance of it being listed on the
various exchanges.Electroneum will be holding its token sale on September 14th, 2017. The token sale will run until the initial coin block has been taken up or October 31st 2017. There will be a total of (6.3 billion) Electroneum coins available for $0.01 US Cent each at the offering and payment must be
made in Bitcoin, Ethereum or USD International Bank Transfer.
Electroneum has set up a bonus structure to reward those who choose to invest early. Bonus details are in the following table.
Investor can participate in Electroneum Token sale and Electroneum coins will be available to investors before the general public. Investors will be able to purchase Electroneum coins in one of three ways :
1. With Bitcoin
2. With Ethereum
3. By Bank Transfer
Electroneum Market Context.
The two markets that Electroneum is focusing attention on are:
1. Computer games
2. Gambling
1. Computer games
2. Gambling
Electroneum has focused research and attention on these two huge potential markets for the use of Electroneum and let’s take a brief view on these two markets.
1: Computer Gaming Industry
There are over 2.2 billion gamers and computer games industry has
grown steadily year on year and is variously predicted to reach between US $90 billion and US $128 billion by 2020 and Electroneum plan on changing the way gamers (computer game players) and game companies work together
during the constant migration of gamers to what’s new and exciting. It will also Benefit the gaming companies.
grown steadily year on year and is variously predicted to reach between US $90 billion and US $128 billion by 2020 and Electroneum plan on changing the way gamers (computer game players) and game companies work together
during the constant migration of gamers to what’s new and exciting. It will also Benefit the gaming companies.
2: Gaming (gambling market)
This is a big contrast from the number of people with bank accounts, and there are hundreds of millions of people who have internet access but no bank account (2.2 billion people have no bank account). These people could enjoy the digital gaming market if they could obtain Bitcoin but Electroneum solves this problem by allowing the accumulation of funds by mobile mining, which means it could be used for gaming. Winnings can be paid back to the users wallet address, allowing them to play and carry out other transactions in Electroneum. The gaming company profit in Electroneum will be exchangeable by the gaming company into USD via a digital asset exchange like Poloniex, Bittrex, Kraken.
The Team behind Electroneum
The team behind Electroneum is an experienced team of software developers lead by Richard Ells. Mr. Richard Ells has a successful history of building digital businesses. He founded a successful digital agency which is still running today and recently in 2013 he founded Retortal.com .The Retortal software is daily used by hundreds of thousands of people and Retortal Ltd is valued at $50m USD. Richard Ells has gathered a team of 40 developers and created social media management platform, used by global fortune 500 companies such as Herbalife and Avon.
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Author
My Bitcointalk username: rezqiano
My Bitcointalk username: rezqiano
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