Electroneum (ETN) made two big announcements today, firstly that they are to list on HitBTC and secondly that mobile mining beta has started. If you are not yet on this exchange you can use this link: HitBTC
This is what was said:
We are happy to announce that Electroneum will soon be listed on the exchange HitBTC.
We have listened to our community and recognised that more exchanges are necessary as we continue to grow and aim become the first cryptocurrency to achieve real-world mass adoption.
Since launching at the end of 2017 we have sent shockwaves through the cryptocurrency world by quickly gaining 750,000 users, reaching a c.$700m market cap and giving it’s 120,000 initial contributors up to 2200% returns. Over $513m of ETN has been traded despite only listing on one exchange until now and being live for just over 2 months.
Our strategy is markedly different from other cryptocurrencies. We have developed a unique mobile mining app, which will allow the coin to become accessible to people all over the world. Users in developing countries can earn ETN by running the app in the background. This airdrop of coins will then be acceptable as payment for their phone data and more. Furthermore, the app will soon feature an easy PayPal-style payment gateway, allowing vendors to accept ETN at the touch of a button.
With the likes of Xius and Effortel, we have partnerships agreed with multinational telecoms corporations in the developing world to make all this a reality, with more expected in the coming weeks. This strategy enables ETN to make cryptocurrency available to tens of millions of new users, making it the first truly mass adopted cryptocurrency.
For you, our community, these developments are made all the more exciting by our listing on HitBTC, where you will have another platform to buy and sell coins.
You have inspired us with your belief in us as a company and we’re excited to be able to reward your patience. HitBTC is the perfect exchange for us because the team behind it mirror our passion for pushing cryptocurrency to the next level.
Integration is underway and we will keep you up to date with this and more exchanges in the coming weeks.
Have a good weekend.
MOBILE MINING BETA UPDATE
We are happy to say the mobile mining beta has started.
Over the course of this week we completed some internal (and commercial partners) testing which was very successful. We have now sent it out to the first 100 applicants for the beta program.
We would be grateful if everyone could please check their email to see if you are one of the lucky first group of testers.
Once we have completed this round of testing we plan to roll it out to more people to test the scalability of the miner, allowing many more applicants to gain access to the mobile miner. At this stage we will also be adding some additional features.
This is a great step forward as the mobile miner gives access to a huge new market, the unbanked. We will be able to give people in some developing countries access to earn digital currency for free, in places where they don’t even have a bank account.
As well as accessing the unbanked, this will add to the agreements we have in place where Electroneum holders and miners can offset the cost of their phone bill with ETN.
This is another step on our goal to mass adoption.
