British mobile-oriented cryptocurrency Electroneum is now 30 months old and the CEO of the blockchain technology, Richard Ells, is saying that the first phase of the project has ended with tons of achievements, thus, the team is transiting into the second phase.
Electroneum was established in November 2017 and now it is two and a half years old. The CEO showed excitement on how the first phase ended with great achievements and successes, adding that the last 30 months were all about adoption for Electroneum.
Richard said the team is proud to have achieved its goal. Aside the fact that Electroneum is a mobile-based cryptocurrency that lets the unbanked population have access to finance easily, the ETN Rewards system introduced to distribute ETN to people was an important approach Electroneum used in achieving its adoption goal.
The CEO said the second phase will be about increasing the liquidity of the cryptocurrency and more engagement for the blockchain project in the cryptocurrency community.
Now Richard wants the crypto platform to also be focusing on trading volumes to ensure signing of more deals with corporates, and lastly, an advancement on adoption.
To ensure the remarkable growth of Electroneum in terms of adoption, CEO Richard Ells would be visiting more crypto exchanges around the world where there is huge ETN user base.
ETN rewards to ensure adoption of Electroneum would not also stop, Electroneum would be gifting people in four African countries, ETN Donate and in Electroneum-app electricity top-ups.
As part of its latest achievements in the first phase, Electroneum announced that the number of top-ups made with ETN token across nations have suppassed 100,000. Partnering major telecom providers, Electroneum top-up product is now in not less than six top African countries with the largest number of smartphone users.