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What Is Phoneum?
Phoneum is a new mobile application-based cryptocurrency. You can let your smart phone or device to be used for mining. And if you want to learn more about the platform, you can learn about it at the company website where they have a whitepaper listing as well.
British Virgin Islands, June 29, 2018 (GLOBE NEWSWIRE) -- Introducing Phoneum, the world's first true mobile only mining platform.
How Phoneum Mobile Smartphone Cryptocurrency Mining App Works
The basic premise of the company is to be used as an application to help people of all skill levels be able to get involved with cryptocurrency mining. There is a roadmap on the website that is designed to who you exactly how they project the future of the company will unfold. As to whether or not they are actually following the platform accurately has yet to be seen.
The app is downloadable on the Android and Apple app marketplaces once released. It hasn’t been completed yet, but it will be released soon according to the roadmap of the company.
It comes complete with a built-in miner that will be able to be configured for the needs of the users. And its’ ready to be used for mining with just a few clicks. You’ll be able to mine for the Phoneum coins in no time, with the user of your own smart device. Not only that, but you’ll also be able to send and receive coins through the app in a quick and simple way.
Who Is Behind Phoneum?
The team is run by Ivan Likov, he is the founder of the app. And it’s said to be the world’s first truly mobile device. Ivan is just one of many, there are more than a dozen other people on the team who are ready to help move the project forward. And the team also discloses their own phone number, personal address, located in Canada – and is highly transparent which is a very good sign as there are a ton of fraudulent companies on the market right now.
Gaurav Dubey
DIRECTOR OF STRATEGY
FOUNDER & LEAD DEVELOPER
SEO & CYBER SECURITY
MARKETING COMMUNICATIONS
WEBSITE & APP DESIGNER
DEVELOPMENT TEAM COORDINATOR
WEB & GRAPHIC DESIGNER
ANDROID DEVELOPER
IOS DEVELOPER
BLOCKCHAIN DEVELOPER
SOCIAL MEDIA & COMMUNICATIONS
BLOCKCHAIN DEVELOPMENT
LEAD ADVISOR
DIGITAL BUSINESS DEVELOPMENT STRATEGIST
LEGAL & CORPORATE STRUCTURE
LEGAL & CORPORATE STRUCTURE
MEDIA ADVISOR
Phoneum ICO Details
The platform is set to start crowdfunding within a little longer than five days. If you want to learn more about it, you can join in discussions about the ICO and platform on a couple of different website like Bitcoin Talk. The company is a regular use application for smart devices that will give every day people the ability to join the new cryptocurrency revolution.
Phoneum has created a new, accessible mining model that leverages an untapped market, making cryptocurrency available to anyone with a smartphone. At last count, there are over 2.1 billion smart devices, in effect mini-computers, currently in circulation. Leveraging smartphones allows for the unprecedented reach of cryptocurrency mining to those who have no specialized technical knowledge .
Phoneum will deliver a simplified user experience and platform enabling all users – regardless of technical aptitude – to fully participate in the new cryptocurrency economy, earning or purchasing tokens or redeeming to make a purchase. Phoneum is a decentralized cryptocurrency (PHM) and product that is revolutionary with its customized blockchain and algorithm for consensus, optimized for mobile devices. The revolutionary Phoneum application and product focuses on ease-of-use and speed of transaction to be able to deliver on Phoneum’s mission to drive mainstream adoption of cryptocurrencies and mining them.
The ICO will take place between July 30, 2018 and September 30, 2018
Phoneum PHM will be an ERC20 compliant token on the Ethereum blockchain network. Upon launch of the custom blockchain, all Phoneum tokens will automatically be converted. It will be the loyalty token to reward miners for positive network contribution and will be acceptable payment or currency for participating merchants.
Total Supply
20,000,000,000 PHM
Sale Allocation
2,464,500,000 PHM
PHM Exchange Rate
$0.01 USD
Project Hard Cap
$20,000,000 USD
Highlights include:
· Fast and secure mobile-only P2P network of transactions for Phoneum users (no intermediary chain) with a built-in QR scanner
· Free app (Android and Apple) with built-in Phoneum miner and crypto wallet that is automatically created for the user
· Users have the option to earn PHM versus buy – a lower cost of entry
· Free peer-to-peer transactions for users and fractional merchant transaction fees to spur business adoption, thereby supporting consumer adoption
· Access to a point-of-sale network of merchants that accepts PHM transactions
On June 27, 2018, Phoneum launched their fundraising event. The event runs through July 27, 2018. PHM will be launched initially as an ERC20 token with a maximum supply of 20,000,000,000. The fundraise allocation will be 2,462,500,000 PHM tokens. The soft cap is $1,000,000.00 and the hard cap is $20,000,000.00. The tokens are priced at $.01 per PHM and there are four stages with discounts varying per stage.
To participate, create an account at https://www.phoneum.io/
A KYC (Know Your Customer) is required. Due to regulatory concerns, the following countries are currently unable to participate: Canada, US, UK, Australia, China, Japan, Hong Kong, Taiwan, Singapore.
The tokens will be released once the fundraising event has been completed.
Phoneum is also running an Airdrop with 5,000,000 PHM tokens available. To learn more
In todays Phoneum is performing best on Crypto market.
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Use a free app called Phoneum to mine crypto on a mobile device. Cryptocurrencies are no longer limited to high power machines with expensive energy requirement. Phoneum brings mining to the masses.
The Phoneum algorithm ensures easy navigation of the mining process as well as incentivizing usage by earning Phoneum tokens (PHM) through both Proof of Work verification and Proof of Time on the app, including games-play.
The beta-testing has involved over 40,000 users, and there have been zero cases of lagging, diminished mobile operability or overheating. “And our testing has involved both Android and iOS mobile devices,” says Mr. Likov.
“Our unique mobile-specific ecosystem allows your smartphone to participate in blockchain mining and verification, without excessive power consumption, which means you can earn, send and receive our cryptocurrency simply by using your mobile device.”
As egalitarian as the blockchain concept is, it was always in danger of favoring a select few. Those with the most computing power can take advantage of the complex nature of the mining tasks. However, Phoneum brings equality to all by making mining available to everyone.
The free Phoneum app comes preloaded with the custom built-in miner, activated by a single click, games and a virtual wallet to send and receive Phoneum for secure and transparent transactions.
The launch phases and rollout timetable are detailed at phoneum.io with the Project Release scheduled for Fall 2018. Free app downloads will drive mass adoption as well as having the app preloaded in manufacturer’s devices agreements.
Phoneum Conclusion
The company is looking to make mining possible for everyone, regardless of what level of experience they are at. If you’re looking to get in with a company that is fully honest and transparent, then Phoneum.io is a great platform you can check out and possible invest with.
The most important aspect I can say is that they disclose information the team at a personal level. They also have fully disclosed the information on the headquarters locations which isn’t something that is done very often these days. Most of the other ICOs on the market as of late have been complete lies with no information given on the team or location whatsoever.
For more information and to download the Whitepaper or join in the mining to the masses, visit phoneum.io
Media Contact
Company Name: Phoneum.io
Contact Person: Ivan Likov
Email: Send Email
Phone: 905-347-4826
Country: United States
Website: http://phoneum.io