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Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 30. (Read 240341 times)

member
Activity: 845
Merit: 56
Price is growing again today and so is the number of active miners in the mobile app.
member
Activity: 168
Merit: 11
Very cool, Electroneum has a official song from now on. It is called "Electroneum Anthem” and was created by Nave Savage. You can find the song at https://soundcloud.com/navesavage/electroneum-anthem  I hope a lot of more things will come up from this great community.

I also think this is very great from this guy, to make a song about Electroneum. Maybe we can reach some new users with this song. But i think Electroneum will grow, because the community is very big and strong.
full member
Activity: 247
Merit: 100
Very cool, Electroneum has a official song from now on. It is called "Electroneum Anthem” and was created by Nave Savage. You can find the song at https://soundcloud.com/navesavage/electroneum-anthem  I hope a lot of more things will come up from this great community.
sr. member
Activity: 630
Merit: 253
Is this coin ever going to get listed on a major exchange? Is the team considering something in that direction or you have simply let go of that idea?
why so eager on major exchange? ETN is focusing on the project and not on exchange. exchanges will follow when pthe project makes that real world usecase.
NEW EXCHANGE IS NOT = TO MOON

Agreed with you they have focus on current system to implement instant payment but exchange support is not so bad. I also think in future we will demand will increase and more exchange will add this coin.

yeah i also believe that both work hand in hand, while focusing on the development and infrastructure part of the project at the same time can work on getting listed on one major exchange too won't hurt anyone, this way more adoption and more volume, there is nothing wrong in including more exchange if they can Cool
legendary
Activity: 1288
Merit: 1002
Is this coin ever going to get listed on a major exchange? Is the team considering something in that direction or you have simply let go of that idea?
why so eager on major exchange? ETN is focusing on the project and not on exchange. exchanges will follow when pthe project makes that real world usecase.
NEW EXCHANGE IS NOT = TO MOON

Usually when a coin hits a big exchange it may have just a short lived pump but then the enthusiasm runs out very quickly and people start losing interest.
jr. member
Activity: 61
Merit: 1
The staking option of Electroneum for all smartphone users with their wallet application is a very amazing and unique way for all beginners to ear a few coins in a easy mining way. This is so fantastic.
member
Activity: 294
Merit: 10
Is this coin ever going to get listed on a major exchange? Is the team considering something in that direction or you have simply let go of that idea?
why so eager on major exchange? ETN is focusing on the project and not on exchange. exchanges will follow when pthe project makes that real world usecase.
NEW EXCHANGE IS NOT = TO MOON

Agreed with you they have focus on current system to implement instant payment but exchange support is not so bad. I also think in future we will demand will increase and more exchange will add this coin.
I think that there are already enough stock exchanges and the team is very correctly engaged in the development of the project.
Ano
sr. member
Activity: 1148
Merit: 253
Is this coin ever going to get listed on a major exchange? Is the team considering something in that direction or you have simply let go of that idea?
why so eager on major exchange? ETN is focusing on the project and not on exchange. exchanges will follow when pthe project makes that real world usecase.
NEW EXCHANGE IS NOT = TO MOON

Agreed with you they have focus on current system to implement instant payment but exchange support is not so bad. I also think in future we will demand will increase and more exchange will add this coin.
sr. member
Activity: 325
Merit: 250
Made a mistake on selling account ddnt read rules
Is this coin ever going to get listed on a major exchange? Is the team considering something in that direction or you have simply let go of that idea?
why so eager on major exchange? ETN is focusing on the project and not on exchange. exchanges will follow when pthe project makes that real world usecase.
NEW EXCHANGE IS NOT = TO MOON
sr. member
Activity: 325
Merit: 250
Made a mistake on selling account ddnt read rules
Exchanges have their own policies and rules with KYC and tokens have zero impact on them, whether they have internal kyc implementation or not. Electroneum is entering in micro payments filed with instant transfers in order to meet the requirements of businesses they are doing every necessary step to make sure of everything working flawlessly. This introduction kyc should be watched in regards to micro payments than listing on more exchanges.

agreed, KYC will have a big impact on micropayments so ETN needs to comply.
legendary
Activity: 1876
Merit: 1005
Exchanges have their own policies and rules with KYC and tokens have zero impact on them, whether they have internal kyc implementation or not. Electroneum is entering in micro payments filed with instant transfers in order to meet the requirements of businesses they are doing every necessary step to make sure of everything working flawlessly. This introduction kyc should be watched in regards to micro payments than listing on more exchanges.
hero member
Activity: 1106
Merit: 508
Bisq Market Day - March 20th 2023
The recent price jump up was possible partly because of the blocking of coins in the web wallets of users who now have to go through KYC to access their funds.

But do you think that would cause such a massive price surge? It was quite an extreme jump.
I think it's unreasonable to freeze investors' funds in a web application. Many were not in the forefront of future innovations with KYC, I believe that now many of them no longer trust their web wallet funds and will look for an alternative.

Yes but we aren't talking about a dump, but about a price jump. Wouldn't it be more logical that there is a dump if funds get released after a long period of time?
legendary
Activity: 1288
Merit: 1002
Is this coin ever going to get listed on a major exchange? Is the team considering something in that direction or you have simply let go of that idea?

I think now with the KYC implementation that is more likely since most major exchanges may have this requirement.

What do you exactly mean? I don't understand the connection between KYC for exchanges and getting listed on a bigger one? Cuz for the past couple of months I saw many other coins, which have a lot less reputation or whatever you call it get listed on Bitttrex and Binance Cheesy

What does KYC for customers have in common with ETN getting listed on a bigger exchange?

Nothing, correct.  Roll Eyes

This has absolutely nothing to do with an exchange listing. Maybe it's a way safer for shops and so on. But on the other hand, you can still buy electroneum on exchanges without kyc and you don't need a verification if you use the cli wallet :S

Exactly that is that KYC implementation is not to make it list on big exchanges if you look over the recent updates they want to make it online payment processor like Paypal. That's why they are forcing holders to pass the KYC process if they have plan to keep for long term.


I'm totally against KYC but some big exchanges might like this as most of them have also a KYC policy for the dev team of a coin that wants to be listed.
newbie
Activity: 2
Merit: 0
Thank you for your quick response. I read the white paper but I do not read the English very well so it's not found. So he kept nothing? or already recover? can you explain to me a little
sr. member
Activity: 1008
Merit: 253
hello I am looking for the Premine, I find it anywhere can someone tell me? thank you

There is no premine is this project you should read the whitepaper or join the telegram to get more information about this concept. They offered to sell in ICO long time and rest the amount kept for mining purpose.
newbie
Activity: 2
Merit: 0
hello I am looking for the Premine, I find it anywhere can someone tell me? thank you
full member
Activity: 420
Merit: 110
Some news posted today on their FB:

"Electroneum is now the WORLD’S FIRST KYC-compliant #cryptocurrency.
Check out FinTech Finance’s write up of the news here: https://www.fintech.finance/01-news/electroneum-becomes-worlds-first-kyc-compliant-cryptocurrency/

The article discusses how we are "breaking new ground in the cryptocurrency world”, our partnership with Yoti, who will be helping us speed up KYC registration, and how KYC will benefit Electroneum.

Once you’ve finished reading, head over to our Electroneum Community Forum to share your thoughts on the piece and our KYC plans – and to catch up on all things ETN: community.electrouneum.com"

(FB post link: https://www.facebook.com/electroneum/posts/2102998913295409)

And this one is from yesterday (for those wondering, currently #46, not sure what the number was yesterday):

"ETN is back in CoinMarketCap’s Top 50 cryptocurrencies!

Check out Blockchain News’ awesome piece on our milestone here: http://wu.to/aOshui

The article goes in-depth into how we “roared back” into the top 50 and covers our Instant Payment Integration success stories and KYC plans.

Have a read then head over to the ETN Community Forum to discuss it and the latest ETN news and updates: community.electroneum.com"

(FB post link: https://www.facebook.com/electroneum/posts/2102647829997184)
member
Activity: 845
Merit: 56
There is also a paper wallet and it is great.
member
Activity: 212
Merit: 12
if you don't have private keys and seed for wallet, you don't really own the coins.

Exactly, so the only option to safely store ETN is the CLI wallet at the moment. However, the ETN team have promised a GUI desktop wallet if they raise at least $10M during the ICO. But they have also put this promise in the white-paper and we all know how that ended:

Quote
We have deliberately avoided using
a blockchain that can be mined with
super powerful ASICs (the way all
Bitcoin are mined) and created a
blockchain that can be mined with
CPUs, which enables the AVERAGE
person to get involved.

We'll see...
sud
sr. member
Activity: 826
Merit: 301
@CharlieCox

I hope you are wrong... After all this is crypto space, and many people will never use centralized app to keep their coins, including me. I adhere to the principle that if you don't have private keys and seed for wallet, you don't really own the coins.
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