what's electroneum?
Electroneum is a Layer 1 blockchain platform designed to provide accessible financial services, particularly targeting the unbanked and underbanked populations in emerging markets. Launched in 2017, it emphasizes mobile-first adoption through its cryptocurrency, ETN, which enables instant transactions and low fees. The network uses a proof-of-responsible-node (IBFT) consensus mechanism for security and efficiency, supporting EVM-compatible smart contracts to facilitate decentralized applications. Electroneum 2.0 enhances scalability with 5-second transaction finality and eco-friendly operations, aiming to integrate with real-world utilities like electricity top-ups and merchant payments in regions such as Africa. It fosters a regulated ecosystem for NFTs, DeFi, and partnerships with non-profits, promoting financial inclusion while maintaining compliance and user privacy through features like in-app wallets.
Electroneum operates a grant program for developers building on its Layer 1 blockchain.
Operates a grant program for developers building on its Layer 1 blockchain.
Platform reaches 1 million users milestone and maintains partnerships with One Ocean Foundation and AnyTask for eco-focused Web3 initiatives.
Options flow shows over $1.5 million traded on 1/16 350 calls yesterday, representing significant institutional positioning. Technical indicators show recovery of the 200-day moving average with sell-side liquidity sweep.
Gate US exchange lists ETN token, enabling US market access, and runs a token giveaway promotion.
The Three Graces Of The Sea NFT collection is actively minting now, limited to 2000 NFTs with 100% of proceeds going to the Blue Forest marine restoration project through One Ocean Foundation partnership.
NFT collection launches November 6 through partnership with One Ocean Foundation, featuring digital art by @andcrespi.
Teams up with One Ocean Foundation to protect marine ecosystems through blockchain-based conservation funding and tracking.
The project achieved a new exchange listing, experienced surging on-chain activity, and received a perfect security score this quarter.
New 2.0 roadmap announces upgraded nodes, mobile-first approach, and ecosystem expansion plans.
Technical breakout has confirmed with 37% gain and heavy institutional accumulation.
Technical breakout setup forming with high buy volume and accumulation pattern.