Review on Electroneum by Olugbenga Ajayi
This is as good project.
This is a project established with large masses of unbanned people in mind. It is a blockchain based platform created mainly for use in smartphone that offer instant payment services like electricity utility bill etc.
Since it's intial offering which sold very fast, it has been gaining wide adoption in community where banks are not readily available.
One can buy it's coin ETN from exchanges like Huobi, liquid etc. There is good security measure put in place to protect user account They ensure that all transactions are private and untraceable. This could be owing to the fact that it was once hacked.
The project also offer users reward with $3 worth oof ETN monthly and refferal programs can also be another source of income for them.
Peraonally, the project is good and viable for it brings transaction facility to the masses who do not have bank accounts. Like many people though I have reservations against the private and untraceable nature of transactions. It could be a loophole for money launderers.
Pros
- There is referral program that benefits users
- It provide payment option for unbanned individuals
- There is regular email update for customers
- Retailer earn monthly reward apart from their gains
Cons
- Not available in many countries
