Electroneum news 29/12/2017

breaking new ground, taking cryptocurrency in a direction that no one thought possible.

If it was easy everyone would do it. They’re not. We are ?

A few stats…

You might like to hear some stats on what we’ve actually achieved in the period up to Christmas:
• over 300,000 completed Blockchain transactions involving over 2 billion ETN on our system.
• Over $290m USD of ETN has been traded on Cryptopia and the ETN price has remained around $0.08 USD
• Over 350,000 SMS messages have been delivered
• Over 50,000 new Elecrtoneum accounts have been opened since we launched the wallets.

I’m really proud of all these figures and look forward to seeing them grow significantly.

Of course, we will likely encounter more challenges as we progress, but the good news is that we will be constantly updating our code in the New Year to help anticipate, combat, and improve the experience further. I feel confident that you’ll continue to be patient, knowing that the reason Electroneum has been so popular is because we are doing something different. It would be great to think we already have all the answers - but we don't – we’re evolving, and we’re doing it with you helping us make it all happen.

TEAM NEWS

Resources have been another issue that you’ve raised with us and so, looking forward, we recognise the need to expand the team, and, our recruitment drive is in full flow, as we look to appoint the right people to help us grow asap. As you know, space has been a challenge for us too, so we have secured new offices to cope with the growing team. We’ll let you know who’s made the grade asap, and we look forward to being able to develop the product faster, and getting the support queue down!

Finally, I want to welcome our newly appointed non-executive director, Chris Gorman OBE. I’ve asked Chris to explain more about why we’ve joined forces below, but I see him bringing tremendous experience from the mobile world, entrepreneurial vision and flexibility, and tech insights from his extensive, first-hand mobile app knowledge. Chris was awarded an OBE for services to business in 2005. He’s been there, got the t-shirt and is still driven to feed his thirst for knowledge, all of which he’s happy to share with us and with you. Chris is helping us with many things that will help our next stage, commercialisation and international growth.

In closing, I want to reiterate my absolute gratitude for your support, patience, and belief in this great opportunity. I feel very hopeful that 2018 will bring great success for us all and look forward to sharing many good news updates over the coming weeks and months.

My very best to you and yours, here’s to a great 2018!!

Richard

Richard Ells
Founder of Electroneum.

Now over to Chris…

Hi everyone, thanks to Richard for the kind intro, I’m really happy to be in touch with you all and looking forward to great things being achieved together.

As for me, as well as 30 years in mobile, I’ve worked across a variety of industries with many complex structures and deep experience across tech, retail, ecommerce and mobile app development. I’ve been through very many highs and lows over the years, having navigated many a rocky road with new, innovative and disruptive business models – so Electroneum is right up my street!!

I became interested in Electroneum because of the specifically mobile focus. I could see that this was a real alternative to the existing complicated and elitist structures of the cryptocurrency markets. Offering a mobile digital currency solution, delivered like no other, launched into a very tough, competitive market, ticked a lot of boxes for me and I could see so much potential for the business – and the product – and recognised that my experience could segue perfectly into their next stage commercial development.

The fact that ETN truly delivers for anyone, anywhere, who wants instant access to their own digital wallets, with an easy route to transact and to earn using just a mobile phone, is music to my ears!!

Even more, ech