I wrote an article about electroneum two months ago during their ICO sales when the hype was real and they seem to be everywhere.

Electroleum - The Next Huge Cryptocurrency or Just a Hyped Cryptocurrency?

One thing I understand about this industry the hard way that makes it different from the real world is that; there's a change of power, money and influence from the app layer to the protocol layer.

In the decentralization era brought by the blockchain technology, companies like Facebook and Google (app layer) will not have the highest market capitalization, but the protocols they are built on like https, itp or in decentralization case; Bitcoin, ethereum and eos will and already are.

This industry is just growing and what I believe will augment its growth/success is not thousands of token/coin released daily, but blockchain protocols developed that bring about new use cases for the industry.

Out of the first 20 cryptocurrencies in the world with the highest market capitalization, not less than 15 are blockchain protocol based and not just some tokens or a Dapp.

Why? Because value is changing hands.

Is it true Electroneum can be on your phone and easily transferred?

Yes, that's the promise at least, but there is no evidence they are or will develop a protocol that will make that happen. In other words, they are not strong enough to provide for the need and the same time save you from other competition.

There are already many altcoins out there doing same thing as electroneum with a tested protocol technology. STEEM, Bitshares, Litcoin and many of them are already in the market.