[ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin - page 262.

contraband

hero member

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Community Manager: ETN

Quote from: dave111223 on September 17, 2017, 05:50:01 PM

How much collected already ? Your expectations are really ambitious

5 to 10 million is expected, as that is what we are on pace for, but that could change. Its open up to 40 million.

The most important thing to note here is unsold coins go back in to be mined, so factor that in when you make your valuation, as many are missing that and calculations on valuation are skewed.

contraband

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Community Manager: ETN

Quote from: cyberspacemonkey on September 17, 2017, 05:39:07 PM

Quote from: bitblaster on September 17, 2017, 02:34:10 PM

Quote

https://finance.yahoo.com/news/introducing-electroneum-first-british-cryptocurrency-091551966.html

it will be the most user-friendly cryptocurrency in the world with wallet management and coin mining all possible on a mobile app.

I am not sure what new value this coin brings to table other than being the most user-friendly coin.
Any thoughts?

You're right I don't see any unique features about it and there are already some other coins that allow you to mine with your cellphone but hopefully that will change over time depending on how competent the dev team is.

@cyberspacemonkey, thanks for your interest in Electroneum

There are apps that try to mine, get barely any coins, and burn up the phone. The largest app of its kind is minergate.com. Read their reviews, people are freaking out. Its very, very far from even profitable, even if it didnt ruin your phone.

When it comes to actual coins, none have been specifically made in a way that doesnt damage the phone.

Electroneum is the only crypto you can mine and make a profit without damaging your phone.

I hope you take a closer look at this by reading the two white papers and going to our telegram.

Thanks

tzegian

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Activity: 265

Merit: 101

Founder of Greepto.gr & CryptoAnalogy

Quote from: dave111223 on September 17, 2017, 05:50:01 PM

How much collected already ? Your expectations are really ambitious

As of right now:
1938 eth
94,4 btc

dave111223

legendary

Activity: 1190

Merit: 1001

How much collected already ? Your expectations are really ambitious

cyberspacemonkey

legendary

Activity: 1288

Merit: 1002

Quote from: bitblaster on September 17, 2017, 02:34:10 PM

Quote

https://finance.yahoo.com/news/introducing-electroneum-first-british-cryptocurrency-091551966.html

it will be the most user-friendly cryptocurrency in the world with wallet management and coin mining all possible on a mobile app.

I am not sure what new value this coin brings to table other than being the most user-friendly coin.
Any thoughts?

You're right I don't see any unique features about it and there are already some other coins that allow you to mine with your cellphone but hopefully that will change over time depending on how competent the dev team is.

contraband

hero member

Activity: 1232

Merit: 528

Community Manager: ETN

Quote from: bitblaster on September 17, 2017, 02:34:10 PM

Quote

https://finance.yahoo.com/news/introducing-electroneum-first-british-cryptocurrency-091551966.html

it will be the most user-friendly cryptocurrency in the world with wallet management and coin mining all possible on a mobile app.

I am not sure what new value this coin brings to table other than being the most user-friendly coin.
Any thoughts?

This is an interview with Richard Ells our Dev

http://financemagnates.com/thought-leadership/industry-poised-welcome-newest-cryptocurrency-electroneum/

This will answer that question on many fronts

bitblaster

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Activity: 111

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Bit Blaster

Quote

https://finance.yahoo.com/news/introducing-electroneum-first-british-cryptocurrency-091551966.html

it will be the most user-friendly cryptocurrency in the world with wallet management and coin mining all possible on a mobile app.

I am not sure what new value this coin brings to table other than being the most user-friendly coin.
Any thoughts?

tzegian

full member

Activity: 265

Merit: 101

Founder of Greepto.gr & CryptoAnalogy

Electroneum token sale has just passed the 7000 registrations barrier! Cool

contraband

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Merit: 528

Community Manager: ETN

Quote from: k0a1l0 on September 17, 2017, 07:40:29 AM

Quote from: treepixel on September 17, 2017, 05:23:01 AM

1.) How are you going to prevent people from loading the .APK etc. onto a computer where they've got greater computational resources? Is the mining return rate hard-capped rather than being dependent on hardware, such that even if you did run this from a pc it would yield the same returns as running it on a mobile device?

2.) Any plans to allow users to network their mobile devices to work together to create a higher return on their mining?

3.) Any plans on venturing into AR (Pokemon Go etc.) where people can find hotspots that yield greater returns?

There will be no need to load .apk files to computer, because it is already explained that this coin will be mineable on CPU and GPU too, making "mobile mining" more a lottery than a real "mining" process.

Thank for your response.

The mining process for mobile is much different than a lottery. A lottery is where one, or a few, win a prize and the rest lose.

Mining will bring returns for everyone instead of a select few.

contraband

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Activity: 1232

Merit: 528

Community Manager: ETN

Quote from: JamesOng on September 17, 2017, 07:26:29 AM

Quote from: tzegian on September 17, 2017, 04:09:30 AM

Quote from: Aerys2 on September 17, 2017, 03:06:28 AM

This ICO popularity is increasing fast !

People are starting to be interested in this ICO or even want to learn what is this and if it is worth. That definitely a good sign.

on the contra,people are losing faith to this ICO,and it will be getting worse when bonus is droping 10% week by week.
FIXED price is the key problem...just saying.

Thanks for voicing what your concerns are so they can be addressed.

The fixed model is what was decided for this token sale, Im sorry if you like the % of investment bringing you a % of coins sold.

What many are missing here is the fact that the remaining coins are put back in.

Usually its different, as you just add up all the coins for sale and then you can figure out the valuation. Usually the coins are not put back in for mining, and many are not calculating this.

tzegian

full member

Activity: 265

Merit: 101

Founder of Greepto.gr & CryptoAnalogy

Quote from: JamesOng on September 17, 2017, 07:26:29 AM

Quote from: tzegian on September 17, 2017, 04:09:30 AM

Quote from: Aerys2 on September 17, 2017, 03:06:28 AM

This ICO popularity is increasing fast !

People are starting to be interested in this ICO or even want to learn what is this and if it is worth. That definitely a good sign.

on the contra,people are losing faith to this ICO,and it will be getting worse when bonus is droping 10% week by week.
FIXED price is the key problem...just saying.

Why losing faith?

k0a1l0

newbie

Activity: 56

Merit: 0

Quote from: treepixel on September 17, 2017, 05:23:01 AM

1.) How are you going to prevent people from loading the .APK etc. onto a computer where they've got greater computational resources? Is the mining return rate hard-capped rather than being dependent on hardware, such that even if you did run this from a pc it would yield the same returns as running it on a mobile device?

2.) Any plans to allow users to network their mobile devices to work together to create a higher return on their mining?

3.) Any plans on venturing into AR (Pokemon Go etc.) where people can find hotspots that yield greater returns?

There will be no need to load .apk files to computer, because it is already explained that this coin will be mineable on CPU and GPU too, making "mobile mining" more a lottery than a real "mining" process.

JamesOng

hero member

Activity: 509

Merit: 500

Quote from: tzegian on September 17, 2017, 04:09:30 AM

Quote from: Aerys2 on September 17, 2017, 03:06:28 AM

This ICO popularity is increasing fast !

People are starting to be interested in this ICO or even want to learn what is this and if it is worth. That definitely a good sign.

on the contra,people are losing faith to this ICO,and it will be getting worse when bonus is droping 10% week by week.
FIXED price is the key problem...just saying.

tzegian

full member

Activity: 265

Merit: 101

Founder of Greepto.gr & CryptoAnalogy

Quote from: treepixel on September 17, 2017, 05:23:01 AM

1.) How are you going to prevent people from loading the .APK etc. onto a computer where they've got greater computational resources? Is the mining return rate hard-capped rather than being dependent on hardware, such that even if you did run this from a pc it would yield the same returns as running it on a mobile device?

I can answer at that, There will be also a miner for Desktop, why load the .APK file? Also the mining on mobiles will have a fixed rate/return even though that CPU on PC are much more efficient and powerful. There will be used different algorithm to mine at mobiles, different at desktops.

treepixel

full member

Activity: 226

Merit: 100

1.) How are you going to prevent people from loading the .APK etc. onto a computer where they've got greater computational resources? Is the mining return rate hard-capped rather than being dependent on hardware, such that even if you did run this from a pc it would yield the same returns as running it on a mobile device?

2.) Any plans to allow users to network their mobile devices to work together to create a higher return on their mining?

3.) Any plans on venturing into AR (Pokemon Go etc.) where people can find hotspots that yield greater returns?

tzegian

full member

Activity: 265

Merit: 101

Founder of Greepto.gr & CryptoAnalogy

Quote from: Aerys2 on September 17, 2017, 03:06:28 AM

This ICO popularity is increasing fast !

People are starting to be interested in this ICO or even want to learn what is this and if it is worth. That definitely a good sign.

Aerys2

hero member

Activity: 1190

Merit: 514

This ICO popularity is increasing fast !

allycn

full member

Activity: 420

Merit: 110

This will be the first ICO I will invest in and I am so glad to be a part of it.

Mobile mining sounds like a great starting point for crypto currency newbies. When I first learned about crypto currency, mining sounded like an exciting adventure, but after learning more about the process and the expenses it started feeling less doable for someone with a limited budget (once BTC hit the 5k mark it felt even more unreachable). However, even if I had learned about Electroneum post-ICO, mobile mining is something I would have jumped right into (and come November 1st I will be mobile mining to continue adding to my ETN wallet).

Excited to see there are 6626 Registered Users, over 1814 ETH Raised and over 89 BTC raised in less than 4 days!

Imikocha

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Merit: 10

Quote from: LEEMEEGO on September 16, 2017, 10:11:53 PM

Hello, i checked your bounty page. And i want to ask about the bounty allocation. You allocated 20M ETN tokens for bounties right? Is this final and fixed? I mean is this bounty pool not dependent on the amount you will raise after the ico? What if at the end of yhe ico you will only raise below 3000 eth. Would you still be giving that 20M ETN for the participants?

I would say so, yes. There is no minimum amount that has to be raised. So the bounty program would be unaffected by how much they raise.

LEEMEEGO

sr. member

Activity: 448

Merit: 250

Hello, i checked your bounty page. And i want to ask about the bounty allocation. You allocated 20M ETN tokens for bounties right? Is this final and fixed? I mean is this bounty pool not dependent on the amount you will raise after the ico? What if at the end of yhe ico you will only raise below 3000 eth. Would you still be giving that 20M ETN for the participants?

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