The electron coin is the official token of a mobile-based platform
What is Electroneum (ETN)?
Electroneum is a cryptocurrency built on its bitcoin-derived blockchain. It is cited as the ‘world’s first common cryptocurrency.’ The currency was made with the aim of capturing the mobile gaming and online gambling markets. It is designed in a way that facilitates mobile-friendliness, fast transactions, and easy micropayments in mind.
Electroneum (ETN): History
According to Electroneum whitepaper, the team of Electroneum is “an experienced team of software developers. The team is led by Richard Ellis, who has 20 years of experience running a digital agency called SiteWizard. The name of the currency and company is derived from ‘the electron which all cryptocurrencies rely on.
Electroneum started working on their own cryptocurrency back in August 2015. They used bitcoin’s open source as the basis for the currency. The company remained unnamed for several months, then eventually named as Electron. In July, the company had officially formed under the name Electroneum Ltd. and started actively supporting their upcoming cryptocurrency.
How Does Electroneum (ETN) Work?
It is a mobile-friendly currency that the creators of Electroneum recognize that most of the world has a mobile phone and approximately 2 billion people own the smartphone. Electroneum gets harnessing power from all smartphones to power the network. Electroneum enables users to mine the currency with the mobile app. The main feature of Electroneum is that its accessibility. The whitepaper makes several mentions about how bitcoin’s numerous decimal places discourage widespread adoption. Electroneum plans to have two digits after the decimal. That means you’ll see a price labeled as something like “21.39 Electroneum” instead of “0.089151 BTC”.
How to Buy Electroneum (ETN)?
First of all, you need to get an Electroneum wallet to store your coins. Then you can buy Bitcoin from an exchange that works in your country such as Coinbase, CEX.io, LocalBitcoins, etc. Then exchange it for Electroneum.
Electroneum (ETN) Price Prediction 2018
ETN can be a profitable investment option. Electroneum price equal to 0.0824 USD at 2018-02-26. If you buy Electroneum for 100 dollars today, you will get a total of 1213.079 ETN. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-18 is 0.891 US Dollars. With a 5-year investment, the revenue is expected to be around +981.29%. Your current $100 investment may be up to $1081.29 in 2022. Electroneum (ETN) price today is $0.082871 and have the current supply of 6,258,862,682 ETN. The market cap value is $518,680,713, and the volume is marked as $4,379,870. Electroneum price prediction, Electroneum price forecast, Electroneum price and news, ETN price forecast, ETN price prediction 2018, What is the price of Electroneum 2018.