Sirlibz
Electroneum is a revolutionary digital payment system. It aims at helping billions of people with no access to digital payment options. Their solutions will help individuals both banked and unbanked to pay for goods and services digitally both in store and online.
They are UK based and operate under the UK regulatory laws, this helps them achieve a lot as a recognized body added to the fact they comply with the European 5th Anti-money laundry directive.
Eco Systems / Products
Electronuem has a wide range of products that make them stand out, in some cases they are first to achieve them. Let’s check them out :
- Any Task
- Task School
- ETN Donate
- M1 Mobile
- ETN Everywhere
Those are the ones we will review in this article right now.
ANY TASK : This is a freelance platform where you can sell digital tasks (skills online). Sellers do not need a bank to receive payment or operate on Any task, they also don’t get charged for using the platform.
No bank??, so how do they receive payments for services offered.
Any task has a third party remittance provider that aids a customer to buy or pay for any tasks using the local currency through his credit or debit cards. Sellers of those tasks receive ETN worth the amount of cash that was paid. ETN gotten can then be exchanged to local fiat or used for airtime top etc.
TASK SCHOOL : This is a free multi-language online educational platform set up to help individuals learn different basic skills that would earn them some income.
Skills taught will range from simple (photo editing) to more higher skills like logo branding and design.
Skills/tasks taught in the school will also be those in demand from the Any tasks platform.
ETN DONATE : There are not a handful of crypto projects out there that actually cares about charity.
ETN does the opposite, through the platform you can donate to NGOs (Non Governmental Organization) selected by the ETN team themselves.
ETN allows this Organization’s own Nodes as validators of the blockchain, ETN gotten as block rewards are then used to finance their charitable initiatives.
Through the ETN platform, you can also donate funds to the Ubuntu Pathways, a non profit organization that supports health, education and provides social support in South Africa. They provide children with everything they deserve – from cradle to career.
Another platform you can donate to through the ETN platform is Wonder Foundation, they work with local partners and projects to provide support to females and help them transform their lives.
You can check out more on the official site.
M1 Mobile : This is an android device developed by the ETN team. You can get it for as low as $80. It comes with 8gb internal space, 1GB Ram, a 4G Lte network and a 1,600 mAh powered battery. More specs on the site.
ETN Everywhere : ETN Everywhere is a global platform or network that allows businesses that accept ETN as a means of payment to get their business listed on the map, this will allow users around the globe locate business within their community and enable them to locate those merchants.
Utilities
ETN can be used for mobile Top up and data subscriptions in over 140 countries.
ETN is used within the locality as a means of payments for services. Local entrepreneurs and business are accepting ETN as payments , some of this services are taxi fees, hair cut fees and other small stores too accept ETN.
They plan on making the Token available to be used as payment for electricity bills this 2020.
Exchanges
Electroneum is listed on a good amount of Exchanges.
- BIKI
- Kucoin
- Liquid
- Sistemkoin
- Houbi
- HitBTC
- Bitbns
- Coinbene etc
There is a lot of projects out there with nice ideas and compatible team, we will be looking into Reviewing them. just let us know what project you think is worth looking out for.
