The Electroneum allows for quick microtransactions, and can easily be transferred between different games, applications, and users.
ETN price in November 2017
2.90 INR on 8 November 2017 ETN slightly moved towards 2.96 INR on 30 November 2017.
ETN price in December 2017
ETN started off at 3.48 INR on 1 December 2017 and finally was reflecting 4.90 INR on 29 December 2017.
ETN price in January 2018
ETN started off at INR 5.50 on 1 January 2018 and finally was reflecting INR 5.03 on 31 January 2018.
ETN price in February 2018
ETN started off at INR 5.33 on 1 February 2018 and finally was reflecting INR 5.12 on 27 February 2018.
About Electroneum (ETN):
The team is led by Richard Ellis, who has over 20 years of experience managing a digital agency called SiteWizard. In 2013, Ellis founded Retortal. As Retortal's CEO, Ellis offers social media marketing to various companies - including Fortune 500 companies such as Herbalife and Avon. Retortal is valued at more than 50 million USD today, and the software is used daily by hundreds of thousands of people.
Moreover, the name of the currency and the company is derived from 'the electron on which all cryptocurrencies rest'.
Electroneum would have started working on its own cryptocurrency in August 2015. They used the open source code of bitcoin as the basis of the currency. The currency had no name for several months, but was finally named Electron.