Electroneum (Electronium), which develops cryptocurrency settlement services, announced the cheap smartphone Electroneum M1 for developing countries .
Out of the Blue (Electroneum Blue), we have launched the M1, a beautifully affordable phone that pays you back. # Electroneum pic.twitter.com/G6IANZ0PH8
– electroneum (@ electroneum) February 25, 2019
The application provided by the company is preinstalled to Electroneum M1, and cloud mining of unique token ETN becomes possible with a slight procedure. Also, it seems that mining is possible even offline.
Compensation by mining is as small as about $ 3 per month, but because there are many people with less than $ 50 a monthly salary in the target developing countries, it aims to get even a little improvement in living.
ETN can be used for settlement of retail stores and Internet usage fees without converting to Bitcoin etc. (limited to affiliated companies).
Terminal price is about $ 80 and it is cheaper price setting than general smartphone.
Article Source: Electroneum Launches Groundbreaking Smartphone M1 Which Pays You Back
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Author: NT 【Coin Desk News】 – Source Post: https://crypto-times.jp/electronium-smartphone/
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