Friday, June 21, 2024

Electroneum Is Benefiting Three African Nations with its ETN Top-Up

Here is a great news for the various mobile app users out there! Electroneum, the world’s largest mobile mining cryptocurrency has launched the privilege of its ETN top-up to three major countries of Africa i.e. Uganda, Nigeria and Tanzania. As a matter of fact, Electroneum has collaborated its venture with other international mobile airtime providers and for this the various ETN users out there can now quite easily avail the facility of top-ups from 15 major ETN network providers while residing in any of these 3 countries. Ain’t that a great news for us?

With a great deal of zeal and exuberance, Richard Ells, the CEO of Electroneum announced this news on the day he brought this decision into effect. He said that this is yet another prosperous step towards benefiting the masses with an impeccable network like Electroneum and so many people would be able to top their airtime mobile app through that of third party network providers belonging to 15 different network providing companies.

What are its advantages?

Electroneum users will now have the opportunity to top up by leveraging ETN. The company has decided to expand its network to as many as 6 countries which also includes Tanzania, Nigeria, and Uganda. Some of the operators chosen for the work are Aircel, MTN, and Glo Mobile. For Tanzania, the operators are Halotel, Airtel, Smart, Tigi, TTCL, Zantel, and Vodacom.

When asked about the different benefits of launching the privilege of ETN top-ups in these three countries, Ells went on saying that at least 99% of the total  population of Uganda and Tanzania can avail the privilege of our ETN top-up whereas in the case of Nigeria, the ratio is close to 97.8% at the most.

Further, he boasted that around 198.4% of people in Nigeria, 43.4 million in Tanzania and 25 million people in Uganda who have opted themselves as mobile subscribers and comprises of a total population of 300 million. And as of now there are at least 60 million smartphone users in all of these three countries like Nigeria, Uganda and that of Tanzania. And Ells is expecting the number to increase to 300 million by the year 2025.

Why choose Electroneum?

Since it’s a cryptocurrency start-up, Electroneum takes pride in the fact that it has successfully provided the privilege to top-up instantly through a simple click on a mobile app for the different mobile users out there living in these three countries i.e. Uganda, Nigeria and also Tanzania. Its primary motive has been to eradicate monetary dearth from these three countries and is expected to spread its wings to a few more countries in Africa itself.

Must Read: Find Out All That Richard Ells Has to Say About A Cashless Future

And as a matter of fact 60% adults do not have a bank account in Nigeria, 77% of citizens are financially excluded in Uganda and as of now Tanzania has outnumbered the percentage by 81% as stated by the World Bank Statistics. And what Ells envisages within the next one decade is that most of the youth belonging to these three countries can monetarily benefit themselves a lot in terms of getting rewards through these top-ups. It has also been inferred that most of the African youth are unemployed and they will find Electroneum as a great means to find access to the World Economy with whatever technological gadgets that are available to each of them.

Monesh Kumar
Monesh Kumar
Monesh Kumar is a cryptocurrency and blockchain enthusiast. He trades cryptocurrencies and holds some but he prefers holding Bitcoin, Ethereum & Cardano.

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