This post is going to be my central store for everything to do with Electroneum which is an ICO that I got involved with a few weeks ago now.
Electroneum ICO Summary
The Electroneum ICO was a way way bigger than Richard Ells the CEO of Electroneum or anyone else thought it would be which is great for the mass adoption of the currency but it also brings alot of problems as well. Electroneum put in an affiliate commission for referring people into the ICO which got picked up by alot of affiliates and it just spread like wildfire everywhere. This brought alot of people into Electroneum that have never been involved in cryptocurrency before which again is good and bad.
Its great that new people are getting involved but for people who haven’t been around this industry for a while they don’t fully understand how volitle and the problems that can be incurred on any of these projects and so they understandably get FUD (Fear, Uncertainty and Doubt). Some of them were sold the “this is bigger than Bitcoin” sales line so they were expecting to become millionaire overnight. The truth is yes this project has big potential and with the amount of people that have got involved that gives it an even bigger chance.
Electroneum Updates 22 November 2017
Since the Electroneum ICO closed and they then missed their launch on November 1st the cry’s of Electroneum scam have been everywhere so in this update video I give you all the latest news I have and my thoughts on the Electroneum future.
Yes they missed their launch date but one thing I have to say is Electroneum CEO Richard Ells has been very transparent with updates and doing interviews with anyone that was willing to go to his office which is good to see that he is not hiding away.
Basically their was potential security threats and under the advice of amazon they closed up everyone accounts and back office to secure everyone’s coins and they hired one of the top security firms in the world hackerone to look at their system and see could it be hacked. So far the system has held up and if it continues to hold then they will launch the first or 2nd week of December.
The Electroneum price has been declining but that is to be expected with the fear and I think it will drop alot more once everyone has access to their accounts but I will be holding mine for the longer term.
Electroneum Mobile Wallet Demonstration
In the video below we see Richard Ells do a full walk-through of the mobile wallets and how to send ETN coins from one to the other.
Interview With Electroneum CEO Richard Ells
Interview Part 1
Interview Part 2
Final Thoughts on Electroneum
I think Electroneum definitely has a future and as long as they stay transparent and keep the updates flowing then they should do well.
Stay Up to Date with all my News Below
Hi Paul how are you?
i follow your instructions and mine almost 18 ETN and withdraw and again i mine but when my balance reach to 20 ETN it is showing in paid balance in eupool like paid was 20 and now paid is 40 and 1 ETN is unpaid how can i withdraw my 20 ETN which is not showing in in MS DOS balance? please reply
They automatically pay out when you reach 20. Does the pool show it has paid you 40 but you only see 20 in your wallet?
Hi Paul, I am not able to use it, Its taking so long for the fixed version to appear.
Depending on the blockchain and how many transactions it needs to catch up on it can take some time
So why is he only showing Samsung phones? What happens with an iPhone? and my electroneum wallet has never worked after logging in. I created it a few days ago and i log in but I cannot get my wallet address. it displays a message saying “Unable to load you wallet information” TRY AGAIN!! this is on my iMac!!!
iPhone will come after android. Some time early next year
How is sfi coins?? Please reply
I didn’t get any