Dineshkumar Ponnusamy

What is Electroneum?

Electroneum (ETN), is one of the upcoming cryptocurrency in the market, which targets common public especially smart phone users.

It is doing ICO (Initial Coin Offerings) till October 31, 2017. Initial Coin Offering is similar to IPO in stocks. They are crowdfunding the project before it is available to public for purchase.

Why do I need to invest on ICO?

Investing on ICO is kind of risk and solid investment if you are investing for many years. Usually investing in CrypoCurrency is good for the future.

Let's say you have invested on Gold by 2003, the gold price was nearly around 415$ per 1 troy oz. Today the gold price is 1300$, which is 3 times more than the investment in 14 years.

By 2010 one bitcoin was costing around 8 cents (i.e., 0.08$). In 2017, the price is around 5800$. Can you see the growth in past 7 years.

It is always good to invest in these kind of new technology, which will help you to grow more in less years.