Why I invested in Electroneum
I invested in this ICO, not so much because it's game-changing tech in anyway, but mainly because it has massive popularity already. However, there were also a few other key reasons:
- They already have a downloadable app that stores your tokens directly from the ICO.
- You can mine tokens using your phone (mine is on all day, so why not? Just keep the charger handy).
- Anyone and everyone can easily engage with it and do their own mining. That means it is likely to be widely adopted. It also means there will be a lot of processing power, distributed across a very large population, in which to process transactions, making it (theoretically) very stable.
And now that they are utilising the Monero codebase, Electroneum is looking even more promising. You can read about it here:
http://electroneum.com/2017/10/28/electroneum-announce-adoption-of-monero-codebase/
Electroneum launches in a few days on November 1st, and I anticipate that its value will jump pretty fast when it does. Of course, I could be completely wrong...