Electroneum
Financial Services
Gives ordinary, non-technical users a chance to obtain a cryptocurrency.
Features
Dedicated blockchain, forked and modified from Bytecoin. Minimises GPU usage and promotes CPU usuage, allowing mobile mining. Free app for iOS and Android allows coin acquisition via mobile mining experience.
Technical Details
Electroneum has a dedicated blockchain based on a fork from Bytecoin. Electroneum provides an emission formula with a slight decrease of block reward each block. This is different from Bitcoin where block reward halves every 4 years.
Crowdsale
| ICO start date | 12 Sep 2017 |
|---|---|
| ICO end date | 29 Oct 2017 |
| Raised | 40,000,000 USD |
| ICO Platform | No |
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| Ticker | ETN |
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| Additional Token Emission | No |
| Accepted Currencies |
BTC |
| Token distribution |
21 Billion is the maximum number of Electroneum coins. 6 Billion Electroneum coins are pre-mined for the ICO 20 Million of those pre-mined coins are for an Electroneum Bounty Campaign. Electroneum coins not distributed in the ICO or Bounty campaign are going to be used to increase the hash rate of mobile miners in the initial months to encourage platform growth. |
Ratings
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| Hype score | Medium | Active |
| Risk score | Low | Active |
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Funding Rounds
Development
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Pre-Launch
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Launch
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Custom blockchain
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Testnet
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Mainnet
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| Done | Done | Yes | NA | NA |
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