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Electroneum

Electroneum (ETN)

$ 0.00
-1.11 %
Main info
News
Comments
Markets
Analytics
Market cap
$35.52M
-1.11 %
Volume (24h)
$371.29K
-1.11 %
Circulating supply
17,979,817,605 ETN
Total supply
17,979,817,605 ETN
Max. supply
21,000,000,000 ETN

About Electroneum

Introduction and Market Potential

Electroneum has coined the phrase 'enablement currency' as it is going to enable a new 3 trillion dollar market (Price Waterhouse Coopers predicts this market to be as large as USD 3 trillion in their 2017 Global Fintech Report) by allowing over 350m smartphone users in the developing world to enter the digital market for the first time.

Benefits and Partnerships

With immediate benefits to the mobile operators in those regions, including meaningful transactional cost savings, there are operators who could take us to well over 100 million users and many more operators in negotiation.

Technology and Growth

Our unique mobile miner puts a small amount of ETN into the hands of users every day, providing market liquidity and driving viral growth. With 2,343,687 million registered users, we have a faster viral growth than both Facebook and Twitter over the same time period.

Our Android app is already fully operational in 20 languages.

Our instant cryptocurrency payment system is planned to go live for users and vendors by the end of the third quarter of 2018.

Key data

updated $0
Market cap$35.52M
Volume 24h$371.29K
Circulating supply17.98B86% of max 21B
All-time high$0.21-99% from peak · 2018-01-05

Electroneum (ETN) is a cryptocurrency designed for mobile users, focusing on simplicity and accessibility. It uses a Proof-of-Work (PoW) consensus mechanism and is mineable, aiming to bring blockchain technology to everyday transactions.

Frequently asked questions

What is Electroneum and how is it different?

Electroneum (ETN) is a mobile-focused cryptocurrency designed for ease of use, targeting users in developing regions. Unlike many cryptocurrencies, it emphasizes accessibility and simplicity, making it beginner-friendly.

How does Electroneum's technology work?

Electroneum uses a Proof-of-Work (PoW) consensus mechanism, where miners validate transactions. It also incorporates a mobile mining feature, allowing users to earn ETN without intensive hardware.

How is Electroneum's coin supply managed?

Electroneum has a hard cap of 21 billion coins, ensuring a controlled supply. New coins are created through mining, incentivizing network participation while maintaining scarcity.

How can I store and use Electroneum?

You can store ETN in the official Electroneum mobile wallet, which is designed for simplicity. It can be used for transactions, mobile top-ups, and other services supported by the Electroneum ecosystem.