Hey guys, it's time for me to join the world of ICOs! This particulary ico attracted me like a magnet =) It's a very interesting project called Electroneum and it's built on its own blockchain. They are targeting the 2.2 billion smart phone users around the world. Their app is already developed and it's a easy to use crypto for especially gamers. The best part is that you will be able to mine Electroneum coin from your smartphone and their mobile app is already available! All of this will go live end of this month (october).
I have tried mobile mining before and the mobile phone did run pretty hot so i hope that you can choose how many % you want to set a side for mining Electroneum! Wich was not the case when i tried mobile mining.
"Electroneum is set to become the first digital coin to enter common usage due to its groundbreaking ease-of-use for the ordinary mobile user."
The "selling" point for me was that joining the cryptocurrency world is a pretty huge technical barrier for most people and with electroneum you can just download the app and start earning coins with your smart phone. All i have to say is get ready for mass adoption =) As you maybe already know early adaptors in good projects always benefits, Iam not saying that this will be a guarenteed success but it sure is likely to become one. Needless to say, Iam on board =)
"Encourage takeup of everyday online usage getting voucher apps like Groupon, Wowcher, TravelZoo and ecommerce sites like Amazon, Ali Baba and Taobao on board will bring the currency into the everyday domain for millions of consumers."
Watch their promo video:
I loved this comparison in Electroneums whitepaper : Taxi ---> Uber,
Landline phones ---> Cell phones, Fiat currencies ----> Crypto currencies,
Hardcover books ---> PDF (i added this one :D)
"All the currency rules and regulations are clearly defined and the currency system itself is open source. This means that everyone who is using the currency is controlling the currency, but there is nobody in charge. The cryptocurrency manages itself. This sounds fantastically complicated – and it is, however just as you don’t need to understand how an iPhone works to gain great benefit from it, the same is true of cryptocurrencies, and they are getting more accessible with each forward step of the technology. Electroneum is one such step."
You can read about this project here and the quotes in my post comes from their whitepaper:
http://electroneum.com/overview-white-paper.pdf
I always thought that it would be hard to get involved with icos but it was super easy, you had to chose wich currency to "pay" with and they generated an personal Ethereum wallet to deposit to (since i chose this option) and after that they credited my Electroneum account with ETN coins.
If you consider joining this ico please use my referral link, we will both benefit =)
https://my.electroneum.com/join/334C36