THE ELECTRONEUM ICO
There’s been a mixed response to the phenomenon of ICO’s in 2017, with investors on both sides of the debate having extremely strong opinions. While some believe that ICO’s represent an innovative way to crowdfund, others are leery about the potential for fraud. With the SEC likely to audit many of the companies crowdfunding their projects with ICO’s, no one can be quite sure what is going to happen once the dust settles.
Electroneum is the First British Cryptocurrency
Electroneum is the first British cryptocurrency having launched as an ICO in September of 2017. It was developed primarily to be used in mobile gaming and gambling markets and is billed as the “most user friendly cryptocurrency in the world”, with digital wallets and mining all accessible from a single app. According to proponents, Electroneum will be a simple intuitive means to buy online games, play online games, and since it is meant to be run from a mobile app, it is being pitched as the go to currency for making transactions from a mobile phone.
With a talented development team behind it, and a lot of excitement about making a user-friendly cryptocurrency that is ideal for everyday transactions, there is considerable excitement behind Electroneum.
Says Richard Ellis, Founder of Electroneum:
“I don’t know if you’ve ever tried buying any Bitcoin, but it’s really hard to do! I realized that what the world needs is a cryptocurrency that is genuinely easy to access and use. We’ve developed Electroneum with the ordinary mobile user in mind.”
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