The
cryptocurrency industry is still experiencing some winter with the
bears refusing to let go of the markets. However, the plunge in
prices has not deterred the developments and enhancements taking
place in this sector. Only the strong tokens rooted in something
tangible are pitched to survive in the long-term.
Electroneum is among the several top-ranked tokens striving to achieve global adoption . The company has several announcements scheduled for the Mobile World Congress this week starting with the launch of two new things.
One real-life user case of ETN is the ability to purchase airtime and data in South Africa using the ETN App without involving any fiat currencies.
By partnering with mobile operators, Electroneum understands both the requirements of their business and the facets of how to integrate with them. For over a year, the company has overcome several challenges while simultaneously launching instant payment, crypto accounting, KYC, and cloud mining services.
Direct Airtime and Data Purchase
All
these developments were necessary to achieve major milestones that
enable mobile data and airtime to be purchased directly via ETN.
Users in South Africa can top up their airtime and data by launching
the Electroneum App and then clicking on ‘MORE’ followed by ‘TOP
UPS.’
The users need to have a free SIM from The Unlimited, an MVNO in South Africa powered by CellC. The interested users can get the free SIM within two hours from any of the more than 800 Click Store branches.
This interconnection is a world-first for any cryptocurrency that unlocks a huge potential in the first stage of the ecosystem development.
Learning
from the ground and gaining comprehension of everything that is
taking place is essential since such direct airtime and data purchase
transactions have never been done before.
Electroneum plans to start with one city and then spread to two others within three months to gain the necessary knowledge in this first real-world trial. The data, figures, solid facts, and know-how acquired from the trial phase will enable the company to come up with a strategy to spread out to the rest of the world.
Electroneum M1 Smartphone Launch
The company is taking mass adoption seriously in an aim to establish themselves as a stable currency that can be used in real life cases. In that connection, Electroneum have launched a smartphone.
The fully branded, affordable, Google Approved Android smartphone that is preloaded with ETN is readily available to the interested customers. The phone will enhance trust in the brand enabling the token to gain massive adoption in the market.
Electroneum CEO Richard Ells announces mobile top up in South Africa with The Unlimited and the new $80 android smartphone that pays you back.
The Electoneum App also enables users with periodic internet access to engage in ETN cloud mining . The mobile mining rewards are a segment of the entire blockchain rewards although they go direct tot eh user. The user can top up airtime and buy data directly from the ETN app if they have the free SIM from the Unlimited.
Electroneum
aims to get a working ecosystem trial in place and South Africa is
the best location to implement it. Through the real world data and
airtime purchase abilities, ETN gains a value outside of the crypto
exchanges. To roll out this project, users will get double the data
and airtime packages that they buy in ETN.
The next step for the company is to enable people to earn some ETN tokens to pay for more data and airtime than mobile mining allows. These measures are assured to increase the rate of mass adoption of the ETN digital token.
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