Cryptocurrency for those who do not have a Bank account

Electroneum allows everyone to step into the world of digital assets and free earnings. This unique offer is as relevant as ever, because more and more people today tend to be constantly in touch.

The number of people using smartphones is growing steadily. According to the data announced at the mobile industry exhibition Mobile World Congress in 2018, there are about 2.2 billion devices in the world. And the number of these devices will only grow, as more people realize the need to stay connected.

However, the growth is observed not only in the market of mobile devices. The volume of operations with cryptocurrencies is also growing rapidly. Currently, there are more than 1,700 cryptocurrencies, and the number of people who make transactions with them, as well as the number of smartphone users, is constantly growing.

Of course, it should take some time before all 2.2 billion smartphone owners start trusting cryptocurrencies and using them. In the meantime, one British company aims to become a leader in accelerating this process.

The cryptocurrency Electroneum, which was released just eight months ago, in November 2017, and during this time has already earned the trust of more than 2 million people, is designed to open the world of digital assets to smartphone users.

Community of cryptocurrency users
Electroneum was released on the CoinBene exchange and allows smartphone users to access small amounts of ETN (the Electroneum currency) through a mobile application with which they can make ultra-fast payments and transfers.

This idea was so popular and attractive that in just eight months of the first year of existence, the number of users of Electroneum exceeded 2 million people.

“The peculiarity of the cryptocurrency Electroneum is that it is adapted for mobile devices, and users are rewarded for their participation in the community. These are the benefits that other cryptocurrencies currently offer only to miners, “ Richard Elles, CEO of the company, explains in a recent interview. — We are committed to creating a system where people can earn and spend ETN in traditional and online stores. Our reward system will allow members of the ETN community to earn around $ 3 per month. This is not too much for Westerners, but it is significant for regions where monthly income is about $ 100.

We know that there is a market niche: more than 350 million people have smartphones, but do not use Bank accounts. By creating such an economic ecosystem, we will be able to change the lives of these people for the better.”

A global network for the development of a free-income economy
A key factor in the development of Electroneum should be the ability of the company to create new commercial partnerships with mobile operators, which in practice will cover more than 130 million existing mobile subscribers of different operators.

In addition, other projects are being developed that could also increase the number of ETN supporters. A special place is given to the possibility of free earnings. This will allow companies to hire specialists for specific tasks as needed, and people with certain skills will be able to monetize them and increase their income.

Electroneum seeks to create for smartphone users, the conditions in which they could learn the basic skills in digital technology to make animated videos, design logos and create some content and then sell their services through the Internet. This will open up limitless opportunities for people around the world.

Richard Ells continues: “We are developing a website where people can sell their digital product creation skills-such as animated video, design and content, which we know are in demand in the market, in exchange for payment in ETN.

We know that there is a demand for such skills, because digital marketing is very important for businesses around the world, but companies can create only a limited amount of content on their own. We offer a solution to this problem, connecting market participants with service providers and enabling people with the necessary skills to receive compensation for their abilities and for the time spent on work using their smartphones.

Companies that are inspired by this idea, in any case, will be in a winning position: they will be able to support local talents, thereby demonstrating corporate social responsibility, and at the same time receive content for their channels of promotion in social networks. And people with skills in design, animation and content can use them to increase their monthly income.”

The path to a $ 3 trillion market through innovation
The Electroneum approach, focused on the free-income economy, will allow 350 million people in developing countries who currently do not have a Bank account to become part of the world of digital technology with their smartphones and enter a market whose capacity, according to the Agency Price Waterhouse Coopers (PWC), is about 3 trillion us dollars.

“In the long run, we want people to be able to earn ETN by creating and selling content to companies in their country or anywhere in the world, and then spending the money they earn online or in local stores,” Richard Elles explains. —

Currently, there is a demand for specialists with skills in the field of digital technologies in the UK, USA and Europe. And while there are many people who can easily learn the necessary skills and provide appropriate services. In addition, there is a retail infrastructure where people can spend their earnings. All we need to do is combine these three components. And we are very close to that.”

To change the lives of millions of people by opening up the digital world to them and enabling them to earn more is not innovation?

And the growth of the global network of users and corporate partners, as well as the growing number of adherents of Electroneum suggest that in the near future this cryptocurrency can become one of the largest digital assets in the world.

Source: Crypto New Media

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