3 Rock-Solid Reasons to Believe in Electroneum
Greetings, friend! Welcome back to another video. If this is your first time dropping by my channel, I extend a HUGE virtual hug to you right now :)
Today I would like to discuss 3 rock-solid reasons to believe in Electroneum. Back towards the end of 2017, when the project was first lifting off the ground, is when I first got involved.
Since then, they have made huge strides and achieved so much in such little time. If you haven't heard of Electroneum before, hopefully this explanation helps inspire you to look into it more on your own. Keep in mind, the views that I express here are my personal opinions and should not be considered as professional financial advice.
Great, let's jump right into the 3 rock-solid reasons to believe in Electroneum:
The Team
Whenever you are looking to invest time or money into a project or company, it is important to know and understand the team behind it. Richard Ells is the CEO and Founder of Electroneum.
He paves the way and leads the charge for the project. It is amazing to me how well of a job he does keeping the community informed of it's progress. I see at least 1 or 2 videos a week that are made by him, explaining how Electroneum is doing and why they are working so diligently on it.
The fact that he is being open and transparent throughout each step of the project's journey proves that he is trustworthy and honest. I also like how the team is continually venturing out and setting up booths at different cryptocurrency events across the globe.
If you've ever seen the show The Profit with Marcus Lemonis, he consistently speaks about the need for a business to possess 3 characteristics which are people, process, and product. A business needs all 3 of those characteristics working together to be in a consistent state of growth.
I believe that Electroneum has those 3 aspects and are seeing consistent milestones being reached every month. Their people are solid, their process is efficient, and their product is phenomenal.
Real World Use
The Electroneum coin exists to become the #1 mobile cryptocurrency. The goal here is to bank the unbanked, meaning that people will now have the ability to own a virtual bank on their mobile devices via the Electroneum app.
Much of the world's population does not have access to a checking account or a savings account. But, they do have access to a smartphone. Now, with Electroneum, users can earn the cryptocurrency by simply using the mobile mining feature on the app. This feature is currently available for the Android version, and the team is working to create a solution for the iOS version that is similar but also different at the same time.
Once users have the cryptocurrency on their phones, they can now use it in the marketplace via real-world transactions to purchase things and pay for services. In fact, the team is working right now with popular phone service providers, to allow their customers to pay their phone bills with Electroneum. Now that is HUGE!
Mass Adoption
In order to achieve mass adoption, you need to have a lot of people who use it around the world. That is what makes Electroneum so unique. Milliions upon millions of people own a smartphone already. And, since Electroneum is positioning themselves to be the #1 mobile cryptocurrency, the market is already established, primed, and ready to go.
In fact, right now the Electroneum app has reached over 500,000 downloads which is an insane number. Not to mention, the app is completely and 100% free to use which is phenomenal.
Mass adoption is only a matter of time when you are tapping into the multi-million dollar mobile phone market that has already been established and is flourishing each and every day. When you tell a person that the app is free, mining is free, and you can pay for things with the coin you just mined, mass adoption is right around the corner.
So right now, Electroneum is still in the beginning stages but have already hit very large milestones along their journey. I am super excited to be an early adopter. Hopefully you are now inspired to go out and research more about this project and how it is revolutionizing mobile finance for people from all walks of life all across the globe.
For more info, visit their website at https://electroneum.com. You can get started by creating a free account using the "sign up" button on the site. After that, feel free to download the Android app. iOS version is on it's way soon. To stay up-to-date with the latest news and information, check out their Facebook page here.
I cannot wait to see you in the next video! Until next time friend, remember... Stay awesome :)
In case you'd like to see the video on YouTube, here it is...
—-
-Ken
@kenmelendez
P.S. Right now is an exciting time to be involved in the cryptocurrency space. Feel free to jump in and get your feet wet.
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I'm seeing more and more people get on the Electroneum train.
It’s incredibly fun and enjoyable. Have you considered jumping on board?
Posted using Partiko iOS
I will check it out seem interesting a bank on the go is a great idea
Yeah man, it’s amazing what they’ve accomplished in not even a year’s time
Posted using Partiko iOS
It sounds like you might have already done well with this currency @kenmelendez.
I get involved in projects that I believe in. Electroneum is one of them for the above reasons 😀
Posted using Partiko iOS
I wish you success with Electrineum and all of your other projects @kenmelendez.
I don't know how everything is going to pan out but I am confident that somehow, someway, all of your dreams are going to come true - you are definitely on track!
And 2 reasons not to use it:
Not real, doesn't solve any problem, high risk investment.
Plus number 2 and 3 from your list are not truth
Thanks for your input @lanmis. Have a good rest of your weekend.
Posted using Partiko iOS
Thank you for not getting angry because of my different opinion
But you must know this that the mobile doesn't mine anything.
It's just for fun. There is no actual mobile mining going on
Also, to note this project was over-hyped and the team couldn't deliver to the hype created that's the reason it failed miserably. All my friends who had invested in ETN are stuck and they just want to close their positions ASAP. Just because the team kept on delaying everything. People have lost hope on ETN.
These are my views.
I sold ETN long ago and took an exit.
Richard is talented but he doesn't have time management skills.
Hi @vjjoe. Appreciate your thoughts here. It is my belief that a project doesn’t fail until it stops making progress and ends. The team is still hard at work to this day. As for the mining, I am earning around 10 ETN per day on my Android from the app on my phone which delivers a mobile mining experience. No, it is not a Bitmain Antminer by any means, but it still is delivering ETN to my wallet every day. To each his own though my friend 😀 Hope you are enjoying your weekend 👍🏻
Posted using Partiko iOS
Great video Ken! I do like ETN. I bought a bit not a ton back when the price was a lot higher. haha One of my first crypto purchases.