Electroneum – ETN ICO Mobile Gaming Gambling Crypto App?

What Is Electroneum?

Electroneum is a cryptocurrency built on its own bitcoin-derived blockchain. The cryptocurrency claims to be “the world’s first common cryptocurrency.”

The currency was built with the specific goal of capturing the mobile gaming and online gambling markets. It’s designed with mobile-friendliness, fast transactions, and easy micropayments in mind.

Electroneum’s ICO is scheduled to begin on September 14, 2017.

Overall, Electroneum claims to be a vast leap forward over its cryptocurrency competitors. It also claims to be a powerful investment opportunity that will almost certainly increase in value. That’s because Electroneum is built for widespread common usage and claims to offer “groundbreaking ease-of-use for the ordinary mobile user.”

That all sounds good – but we’ve seen other cryptocurrencies make similar claims. Let’s take a closer look at how Electroneum plans to live up to those promises.

What Makes Electroneum Different?

How is Electroneum different from the hundreds of other cryptocurrencies on the market today? Why should you use Electroneum instead of bitcoin, Ethereum, or any altcoin? Here are some of the unique selling points raised in the Electroneum whitepaper:

The coin has a maximum total supply of 21 billion, “which will mean transactions have only two decimal places and have a ‘real money’ feel that bitcoin lacks. You know how when you send a small amount of bitcoin and it looks like “0.0001264”? Electroneum plans to offer a more approachable, understandable transaction amount by having a total supply that’s significantly higher than bitcoin (bitcoin has an expected total supply of 21 million).

Electroneum wallets are designed to be easily manageable on any smartphone. Coins can be generated by a unique mobile miner running as a background activity on your device.

The currency enables fast micro-transactions, and Electroneum can easily be transferred between different games, apps, and users.

Electroneum relies on its own purpose-built blockchain – unlike many other cryptocurrencies, which are based on existing blockchains like Ethereum. Electroneum’s blockchain is based on the original bitcoin source code. The company has been developing the blockchain and cryptocurrency since 2016.