Why You Should Invest in Electroneum (ETN)

Why You Should Invest in Electroneum (ETN)

Electroneum’s (ETN) ICO (initial coin offering) took place in the cryptocurrency market in September last year. from that until now, the token has reached a price of $0.0079 which has created a lot of skepticism about the project. But the price should not matter all that much as long as the project still offers scalability. While it started as a Monero (XMR) fork, Electroneum (ETN) has chosen a completely different path."Why You Should Invest in Electroneum (ETN)"

Why You Should Invest in Electroneum (ETN)

This UK-based digital currency has pros and cons of its own, in a moment in which the whole crypto market is losing value all the time. As with any other blockchain project, supporters like the good news, and skeptics question everything (sometimes even attack it), and they feel that the low prices value proves them right. But Electroneum ETN could be attractive to investors and crypto enthusiasts however low the price currently is because of it.

Electroneum coin is not going anywhere. It will stay around for long-term even if the market has failed so far to understand its value. And that is why it’s undervalue priced.

The Electroneum project’s emphasis is clearly on micropayments and mobility as it’s shown by the platforms, apps, and ETN token it offers. It aims to provide fast and easy financial services to everybody in the world who owns a smartphone.

Services for the Bankless

The electroneum project strategy is predicated on the fact that lots of people all around the planet own a smartphone but do not have the resources to have a bank account. That leaves them out of the global financial system, and people can’t get even the most basic financial services. The Electroneum project is focusing on these people, which is a big fraction of the world’s population. Additionally, the electroneum project’s token (ETN) could be a safe place against an upcoming financial crisis, just as any digital currency can be.

Payment system

Among the project’s features is a very innovative payment system created by the Electroneum team from scratch. It’s an important development and, it’s been tested successfully already. More than a thousand investors and vendors are invited to adopt the API Instant Pay BETA.

It’s fast, it’s safe, it’s free to use as a Payment system. For those who are using MoneyGram or Western Union to send payments overseas, or even worse, bank wires, Electroneum ETN could be a great alternative. This gives the payment app alone the great potential for mass adoption, starting in the United Kingdom, but spreading all over the world. Moreover, it would give the ETN real-world usefulness so its market would be driven by real economic forces instead of pure speculation, as it’s currently the case with most cryptocurrency tokens.

It was created by Nave Savage, an Electroneum community member. You think this is irrelevant? Think twice. This is the kind of thing that brings cohesion into a community of users, it assists to create identity and solidarity. So while an anthem is not going to increase the Electroneum price, it speaks volumes about the kind of commitment you can find in this project.

Electroneum ETN is not in the spotlight in the way that Bitcoin BTC, Ripple XRP, Litecoin LTC or many another cryptocurrency usually are. But don’t be deceived. It has price value and it’s going to take off sooner or later.

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