Phoneum is a mobile app, available for Android and iOS, allowing you to mine, send and receive Phoneum cryptocurrency. The biggest advantage of this project is that, it is only for mobile devices. There will be no mining for PCs and all the miners will be equally rewarded.The total supply of PHM is 20,000,000,000. From which, 2,642,500,000 will be distributed on our crowdsale, some left in reserve, and that leaves the network with 16,500,000,000 to be mined.Because mobile devices have much less computing power, we have implemented POW (Proof of Work) and POT (Proof of Time) consensus mechanisms.
POT is rewarding you for the time spent in the app, regardless of how many coins you hold.You can run the app on multiple devices and login with the same account.Because of the simplicity of our product, the many uses and the huge potential, We have been contacted by people in different fields for many different opportunities. It is standard to sign a non-disclosure agreement (NDA) for any partnership, so we will only make announcements on the topic when we are able.One of our main goals is to get listed on the most popular exchanges. We have been discussing the opportunity with 2 of the top 10 exchanges and will release more details once we have an agreement in place.We have had conversations with retail stores, mobile operators, apps and gaming companies. We have seen a huge interest by everyone, to integrate Phoneum into their system. More details will be released as we progress.We do not currently know which countries may be excluded from participating, we are actively working with our law firm to make Phoneum available to as many people as possible. https://phoneum.io
