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Gany
Link was deleted, probably due to posting in wrong forum. But anyways, here's what I wrote about my take on investing in Electroneum.
I've been following Electroneum for quite some time and have invested a good amount of my part-time earning in it (currently a student).
Electroneum Statistics:
So, let's take a look at the current statistics of Electroneum (at the time of writing):
Number of users: 143,042
ETN Sold: 2,487,687,993
3 days ago, there was around 1.7Billion sold and I told my friend, "They will probably sell 2.4 Billion by the end of the ICO". I was so wrong. They are literally getting around 10000 new users everyday with an average of 100000 ETN being sold every 5 minutes(probably less).
With the current stats, I am really seeing most of the coins being sold by the end of the ICO.
At 10000 users a day, we are looking at 150000 more users by 31st Oct, totaling 290K+ users. This value does not seem far fetched anymore.
So, we are looking at 144,000,000 ETN being sold per day and with 15 days left, I'm guessing around 2 Billion ETNs will be sold, maybe 1.6 Billion to be conservative.
So, the Electroneum ICO is probably ending with around 300K users, and around 4 Billion ETNs sold.
What can we see based on those data? Electroneum has already gone viral before it even launches and I must admit that Ells and his team have proved that they really know what they are doing. Such is expected from such a team!
What makes Electroneum great?
The ease of access to Electroneum will make more and more people want it. With so many people having access to smartphones, Electroneum could set out to become a currency used by people daily as it already is providing a mobile app. Just imagine being able to accept and pay ETNs directly from an app just the way you can do it with the Paypal app? I can't wait for that honestly. The good part about this is it's Electroneum team itself who will build and hand out the app and it won't be a third-party app. I think that this has the potential of making ETN the Paypal of cryptocurrencies. They managed to make what was already available much much simpler for the average person and this is what will make it great. They have room for constant innovation and the funds will help them achieve those goals.
Moreover, by targeting the gaming industry, Electroneum opens many doors for Indie Game Developers who might be able to use their API, and make some revenue with their games. This seems very promising. As a developer myself, I am looking at the possibility of taking ETNs as payment as from November 1st. Although I'm still a student, with no investing knowledge except for some economics 101, I see a bright future for Electroneum.
Electroneum price speculation
With that said, given the recent investments from high profile individuals making the news, the future of Electroneum looks bright. If they manage to reach the 4 Billion ETN sold and if the ICO brings around $25 Million, we are looking at around $0.006 per ETN which is lower than the ICO price. But given the hype and the high profile people investing in it, Electroneum might be actually trading for more than $0.01 on November 1st.
We might be looking at atleast a 2x increase by the end of December and I highly believe that Electroneum will be the cryptocurrency making the waves in 2018. In a year, it would not be a surprise if Electroneum reach $0.5+.
Final thoughts
If you're looking at getting into the cryptocurrency game, either for fun or to really make a long-term investment, I highly suggest investing in Electroneum. The team is solid, the product is great and the future looks bright. As a student of Mathematics and Computer Science, Electroneum is one company which I would really like to work for, which is my way of saying that they are really innovative and I trust in their product.
Just remember, as with anything which comes with a risk, always invest only what you can afford to lose.
If you enjoyed my post, please show your support:
Click here for my Electroneum referral for 10% Bonus (9E5EAF) and 1% referral bonus.