Electroneum (ETN) Project Updates and Information For KuCoin Users

All mobile users in Turkey can now top up mobile airtime and data with Electroneum

More than 41,000 of Electroneum users in Turkey can now instantly top up Turkcell, Vodafone and Turk Telekom via third-party airtime and data provider. The three mobile network operators cover 100% of the country and have a combined subscriber-base of circa 80 million. This means all mobile users could potentially use ETN to top-up.

“This is the first time ETN users can top up their mobile phones with airtime and data with all the mobile network operators that operate in a country, covering 100% of the population,” Electroneum CEO Richard Ells said. “This is an important step for Electroneum, particularly because we have some 41,000 users in Turkey and growing.”

Read full announcement here.

 

Electroneum Is Available On KuCoin

Dear KuCoin Users,

KuCoin is extremely proud to announce yet another great project coming to our trading platform. Electroneum (ETN) is now available on KuCoin. Supported trading pairs include ETN/BTC, ETN/ETH and ETN/USDT.

Electroneum Summary

Since its inception in September 2017 via a highly successful US$40 million ICO, Electroneum has been using the power of blockchain to unlock the global digital economy for millions of people in the developing world.

Electroneum to date holds the record of the highest number of ICO participants, 115,000. The Bitcoin and Ethereum from the ETN purchases are now being used to develop and promote the Electroneum ecosystem, supporting partnerships with MVNOs, MNO, corporates, and retailers.

Electroneum is currently a top four cryptocurrency by the number of registered users: 3.2 million, preceded only by Bitcoin, Bitcoin Gold and Bitcoin Cash. We are also a top-five cryptocurrency by the number of followers on social media and by number of visits to the website, as verified by Amazon's Alexa.

After the launch of their proprietary Moderated Blockchain, powered by their unique Proof of Responsibility (PoR) protocol, which was endorsed by the co-inventor of blockchain, Dr. Scott Stornetta, Electroneum is insusceptible to 51% attacks and is the greenest in existence. 

Electroneum eliminated the need for ASIC mining rigs, which means the electricity required to mine millions of times have reduced ETN to the equivalent of only one light bulb.

The moderated layer has enabled Electroneum to handpick who mines ETN. So, currently, trusted miners are non-governmental organisations (NGOs), who are in line with their vision to help millions of people in the developing world, including Ubuntu Pathways and Wonder Foundation. 

Electroneum is the only cryptocurrency that rewards their users with up to US$3 in ETN that can be used for mobile top-ups in three countries, South Africa, Brazil, and Turkey.

Electroneum has proven there is a tremendous global demand for mobile top-ups with crypto. So, Electroneum has plans for further expansion to more countries in the coming months as acceptance of ETN increases.

Before the end of this year, Electroneum also plans to launch the eLearning and freelancer platform that will help millions break the cycle of poverty. It will provide millions in the developing world with tools to gains skills for free. 

People will then be able to sell the newly acquired skills at no cost to others in developed countries with only a smartphone. That will be an excellent tool for the unbanked as they will instantly gain access to the global digital economy and get paid without requiring a bank account.

We sincerely appreciate your support and understanding, we hope this information proves useful to all users and potential investors.

Regards,

The KuCoin Team

Risk Warning: The cryptocurrency market is available worldwide 24/7 for trading with no market opening or closing times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin screens all tokens before they come to the market; however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for user’s investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice.

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