The Electroneum Thread

[dumplingsandsushi]

Tons of posts about Electroneum lately.  Lot's of Love, Hype, Skepticism, and Hate.
Thought it would be good to start a thread to try and consolidate it all.
Yes, I am biased cause I invested a bit in it, but I tried to include threads that were critical as well as positive.  Feel free to raise any concerns or skepticism to help people be informed.

And yes, I am throwing out my referral code: FC5E94
If you want to invest in the ICO use my code to get an extra 1% (an I receive an extra 5%)


Here are some previous threads:

Announcement thread:
https://bitcointalk.org/index.php?topic=2065043.0

Everyone's favorite scam thread:
https://bitcointalk.org/index.php?topic=2167305.0

Investment thread:
https://bitcointalk.org/index.php?topic=2274258.0;topicseen

Shorter thread that raises issues and tries to address them:
https://bitcointalk.org/index.php?topic=2271192.0;topicseen

General ICO warning and advice thread that has insight into Electroneum (critique of electroneum on pg. 3):
https://bitcointalk.org/index.php?topic=2243157

Electroneum website:
www.electroneum.com


Quick Overview of what it's all about:

British Company headed by Richard Ells
Basic gist of it all: Mass adoption of crypto, this will be achieved by targeting smart phone users, get smart phone users on board through an easy to use app where you can "mine" ETN,  get people to use the app by viral marketing it as "use the app to earn enough to pay your phone bill
Development: Blockchain developed, app developed, currently localizing and marketing app in different regions around the world, currently developing gaming platforms to use ETN,  currently exploring gambling use scenarios for ETN, Everything goes live on Nov. 1st

ICO:
1ETN = .01 cents
Currently at 10% bonus until tomorrow (Wed. Oct. 18th)
After that no bonus until end of ICO on Oct. 31st.
Can join ICO through their website and can purchase in ETH and BTC
Paperwallet available but app will have wallet function also.
Tokens distributed on Nov. 1st
Hardcap of 6billion tokens available.  Those not sold in ICO will go to mining pool.
No update on exchanges yet (that I  know of)


Share your thoughts and have fun!

[tha2er99]

i have invested a little into ETN, i liked the project with smart phones and all and i also liked the advertisement and marketing the have been doing, on the other side i am not a big fan of large supplies coins (21B) and that is why i didn't invest much.

[Didin]

the marketing strategy from this project is very massive
just want to see the price, and when this token listed on exchange,

[gidaahmad]

Electroneum is very promising when viewed from the enthusiasm of many people. I think investors should try to invest in ICO Electroneum. I'm sure they'll be lucky.