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Electroneum To Launch An In-App Electricity Top-Up Across Africa

The blockchain-based digital payment project, Electroneum, will be launching an in-app electricity top-up feature across four African countries.

The fourt African countries includes:

  1. Nigeria

  2. Senegal

  3. Mali

  4. The Gambia

What a great organic piece from @Cointelegraph! We’re excited to be featured on such a great crypto news outlet. Take a read and let us know what you think: #cryptonews #cryptoreport #altcoin #crypto — electroneum (@electroneum) May 28, 2020

The electricity top-up feature will allow ETN app users to top-up their electricity meters directly from the app through ETN tokens. 

ETN mobile app previously added support for airtime and data top-ups across 140 countries worldwide.

While Electroneum is trying to expand its territory with its various projects and in-app features, many of its users don’t find the growth as exciting, due to the depreciating price of ETN tokens.

One such user took to Reddit, calling the growth of the ETN app rather underwhelming in regards to the wide expansion of the company across so many countries:

140+ countries……..? from Electroneum

However, the company said that its 30 month long “Phase One” has been successful in terms of bringing and retaining new users on the app.

Cointelligence reports that there are approximately 1 million active ETN app users. With more than 2.4 million downloads of the ETN app, the company seems to be working on the ground level to reach more people in developing countries.

We commissioned an in-depth examination from Cointelligence on Electroneum that we’d like to share with the public. This is one of the many reasons why we’re a very transparent crypto project. #cryptonews #cryptoreport #altcoin #crypto — electroneum (@electroneum) May 28, 2020

Cointelligence report mentions that their collaboration with NGOs in these countries is a potential way of ensuring wider use of cryptocurrencies.

Electroneum added:

By working with NGOs on the ground in developing nations, we are achieving true adoption of a cryptocurrency. We are enabling people and allowing them to join the global digital economy for the very first time.

Source: Cointelegraph | Image: Unsplash



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