Electroneum - The mobile based cryptocurrency

Electroneum is a leap forwards in the accessibility of cryptocurrencies. We are raising funds to further develop Electroneum via a crowdsale token sale.

DISRUPTIVE TECHNOLOGY

Electroneum represents a vast leap forwards in the ease of use and accessibility of a cryptocurrency.

ENORMOUS MARKET

The ease of use and availability of Electroneum opens up an enormous market of 2.2 billion smartphone users.

AWESOME TEAM

Electroneum is being developed by an awesome team of developers and engineers with a proven track record of success. We have developed a cryptocurrency that is aimed at the 2.2 billion smartphone users around the globe.

We 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.

The easiest cryptocurrency to manage.

Cryptocurrencies are so hard to come by! The barriers to entry for most people are too large. Complex software, GPU Mining rigs, sending personal identification to strange websites.

Electroneum makes it easy to access and use a super secure cryptocurrency that has all of the benefits of Bitcoin and more. Transactions in Electroneum happen faster and are more anonymous. Did you know that anyone with your public Bitcoin wallet address can see how many bitcoin you have, and your entire transaction history? Electroneum protects your transaction history and wallet contents from prying eyes, whilst leaving publicly accessible transaction hashes available for the technically discerning to authenticate transactions.

Download the Electroneum app and you can experience mining your first Electroneum coins straight into your wallet in minutes!

Super Secure – Unhackable Offline Wallets

“Googling” for Bitcoin Hack or Ethereum Hack will find you dozens of stories of stolen cryptocurrencies. We’ve developed an OFFLINE wallet that is 100% secure. You can create as many offline wallets as you like (free) and transfer the bulk of your Electroneum to those wallets.

They are literally impossible to hack.

If you imagine every grain of sand in the world as a lottery – the odds against someone gaining access to an Electroneum offline wallet is the same as them winning every single one of those lotteries AT THE SAME TIME.

Benefits for MVNO / MNO

We understand it can be difficult to retain customers and find new ways of generating additional revenue. We have already started to work with a number of MVNOs in Africa and Asia who believe our ecosystem can:

• Increase customer acquisition, retention & ARPU
• Reduce Vendor-to-Operator costs​
• Improve Net Promoter Score (NPS​)
• Drive vertical sales​ & generate new revenue streams​

We achieve this in a number of ways:

• We reward users with up to $3 USD worth of ETN each month, allowing them to buy more data & airtime
• For every customer you refer, you will receive an ongoing ETN reward, thus creating an additional revenue stream
• We can integrate with your top up system, allowing customers to pay you directly for their data & airtime

Benefits for Corporates

Blockchain technology has already started to enhance existing business practise, whilst creating opportunities for new businesses to thrive. Our API enables retailers, both in-store and online, to integrate with Electroneum and begin accepting ETN in an instant. This provides your business with a variety of benefits, including:

• Online: Unlock a fifth of the world’s population who is taking part in the global digital economy for the very first time
• In-Store: Increase footfall from a market of new ETN users
• Higher average spend from ETN users who are receiving up to $3 USD worth of ETN from us each month
• A new revenue stream from the customers you refer; you will receive an ongoing ETN reward​

Benefits for Retailers

Considered as a transformational shift in the way people buy and sell goods, our digital payments ecosystem provides a new way for your customers to buy your products. Our mobile mining feature provides your customers with up to $3 USD of ETN every month, thus providing them with more spending power. By accepting ETN, you are:

• Associating yourself as a leader in your community by accepting a new form of digital currency
• Increasing footfall for your business by attracting a wider range of customers who have access to ETN
• Increasing the loyalty of your customers by offering acceptance of ETN before anyone else
• Opening your business up to a wider global community by accepting ETN through your website
• Reaching a potential new global audience of millions of ETN holders
• Given the opportunity to become an ETN agent, thus increasing your revenue streams

Benefits for People

Electroneum (ETN) is a digital currency that people can use to buy everyday items, either in-store or online. They can also earn ETN by learning and selling digital skills. Price Waterhouse Coopers predicts the market of the 350m unbanked smartphone owners to be as large as 3 trillion USD (2017 Global Fintech Report).

• Topping up your mobile phone with data and minutes
• Accessing and paying for eLearning to learn new digital skills
• Sell newly acquired digital skills to a global digital market
• Popping down to the local shop for bread and milk
• Taking the bus to the market
• Paying for utility bills
• Getting tickets for your favourite football team
• Paying for digital items online that were otherwise unobtainable (eg. In-game microtransactions)

Mobile Application

A free ETN wallet app that rewards usage

• Store all of your ETN in a safe and secure environment.
• Send and receive ETN instantly via a simple QR Code built into the app.
• Get rewarded with up to $3 USD worth of ETN every month.
• 20+ languages supported.
• Quickly check and calculate the value of ETN in Dollars, Rand, Euros etc.
• Top up your mobile airtime and data directly with ETN.
• Introduce new users and earn additional ETN.

What are Instant Payments?

Existing forms of payment such as cash, card and contactless only work when a transaction takes place in an instant. This ensures payment is received by the seller before the buyer leaves with the goods.

Whilst cryptocurrency is undoubtedly the next generation of digital payments, the speed in which a transaction takes place is generally slow. Even Bitcoin, the most renowned cryptocurrency, can take up to an hour to receive. However, we do have a solution. We have created a patent pending Instant Payment system.

Using our Instant Payment API, we’ve made it incredibly easy for developers to integrate existing ePOS and eCommerce systems into Electroneum. This is enabling MVNOs and MNOs, Corporates and Retailers to begin accepting ETN as payment for their products and services.

What is Mobile Mining or Cloud Mining?

The process that we currently call Mobile Mining (soon to be known as and replaced by Cloud Mining) is the activity of rewarding users with free ETN every month. Users are able to mine up to $3 USD worth of ETN each and every month, which can be stored or spent with any retailer that accepts ETN. If you haven’t already opted into Cloud Mining, you should update to the latest version of the Electroneum App and activate the cloud mining process. In the near future this will be the only route by which you will be able to continue In-App Mining.

For many in the developing world, where monthly income is often less than $50 per month, an additional $3 per month can make a significant difference to their daily lives, allowing them to have a little more each day.

Cryptocurrencies reward “miners” for running the blockchain. Rather than the ETN all being earned by a handful of users with warehouses of powerful computers, we distribute an ETN reward to users of our free app.

By giving users an ongoing reward, we have achieved the fastest viral growth of any cryptocurrency. As our ecosystem expands globally, we aim to be the largest cryptocurrency by user number in the world.

The fairest online freelancer marketplace

COMING SOON. Launching this year, our eLearning platform Gig Guru will allow users to learn, share and monetise their digital skills using ETN as payment.

The platform will enable more than 1.7 billion unbanked people worldwide to access online digital learning for the very first time. At the same time, developed economies gain access to a low cost new resource of highly motivated skilled people.

Importantly, we won’t be charging for the platform or collecting fees in the way that this market normally works. Sellers will be able to sell their digital skills and receive 100% of the proceeds.

Roadmap

Q1 2019

• Mobile top ups in South Africa with mobile operator The Unlimited
• Listed on Huobi exchange
• Attended MWC19
• Launched iOS app
• Launched Cloud Mining on Android and iOS
• Website redesign complete
• First atomic swap with SimpleSwap
• Purchase ETN with PayPal on CryTrex.
• PrestaShop Plugin Launched.

Coming Soon

• Launch full Instant Payment.
• Launch Gig Economy website.
• Enhanced user registration process.
• Launch vendor directory