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After a successful week exhibiting at Mobile World Congress te Barcelona, Electroneum has launched its groundbreaking mobile miner, which will open the world of cryptocurrency up to billions of smartphone owners around the world.
Presently, cryptocurrency is largely too difficult to obtain and spend for most people, especially te the developing world. The Electroneum project’s core aim is to achieve global mass adoption of cryptocurrency, and one of its main mechanisms to do this is the long awaited mobile miner.
Electroneum’s mobile miner permits anyone with a smartphone to earn a few US$ worth of cryptocurrency every month by mining Electroneum. It uses very little electrical play, a lil’ amount of gegevens, and importantly it requires no technical skill. A few dollars vanaf month may not seem like much – but a billion people across the world live on US$Two or less vanaf day. 71% of the world’s population live on US$Ten or less.*
Smartphone ownership te developing countries is climbing at an extreme rate. It rose from 21% to 37% from 2013 to 2015**, and countries with some of the lowest GDPs still had a 25-30% smartphone adoption rate te 2018.***For many people it is their best way to access the internet and communicate with loved ones and colleagues.
Te order to kick-start the use of Electroneum across the developing world, the cryptocurrency has partnered with global mobile operators and payments companies to permit users to pay for their airtime, gegevens and VAS (value added services) using Electroneum. Through thesis partnerships Electroneum already has access to 130m customers and overheen 1m vendors and outlets.
Electroneum has said that more partnerships are on the way spil a result of its membership of GSMA and presence at Mobile World Congress. It estimates its user reach will soon succesnummer 200m thanks to fresh deals brokered at the event.
The launch of the mobile miner is identically arousing for mobile operators. Te their view, Electroneum represents an chance to build stronger relationships with customers. Presently, ter developing countries, smartphone users switch providers far more regularly than users te Western countries. If thesis users can pay or offset their mobile costs with a currency they have earned for free with the mobile miner, they are likely to be more loyal to that brand. Mobile operators therefore see Electroneum spil a voertuig for enhancing customer tenure spil well spil ARPU (average revenue vanaf user). Additionally, Electroneum pays a cryptocurrency toeslag directly to the operators for every customer they introduce that engages te mining.
Cryptocurrency has a reputation spil something of a niche rente. While latest price fluctuations te Bitcoin have attracted mainstream attention, it is still difficult to get hold of and out of reach for the vast majority of people.
Electroneum makes cryptocurrency truly accessible and useful to people, no matter their means or income. Already, Electroneum has access to more than a million agents ter developing countries who trade or sell airtime and gegevens to consumers. Spil thesis agents start accepting Electroneum spil payment, cryptocurrency will quickly budge from the sphere of the tech-savvy and speculators into an everyday payment method.