PAYMENTSJOURNAL|Electroneum Bets on AnyTask; Using ETN Crypto as Income for 10,000 Freelancers

PAYMENTS JOURNAL-Electroneum-AnyTask.jpg

By Tim Sloane / Published by PaymentsJournal

Since Electroneum crypto (ETN) hasn’t been a good investment instrument given a -53% ROI, its goal is to grow its freelance job marketplace that uses the ETN crypto as a payment instrument by 10,000 professionals.

Launched in late 2019, AnyTask doesn’t charge fees to freelancers and they don’t need a bank account to accept ETN.

Electroneum won the Crypto AM award for social impact and sustainability for helping people in developing countries.

Electroneum also intends to improve its regulatory position and expand acceptance of ETN. Here’s more coverage from a CoinTelegraph article:

“Other priorities for 2021 include registering with the United Kingdom’s Financial Conduct Authority, listing on major crypto exchanges in the U.S., and ensuring that people can spend the platform’s ETN tokens anywhere.
To this end, mobile phone and electricity top-ups are going to be rolled out to even more territories worldwide.In time, the platform’s goal is to ensure that food essentials, medicines and other staple items can be purchased through its app and sent to family and friends around the world — a more cost-efficient alternative to remittances, cross-border payments that can attract prohibitive fees.

Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group


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About Electroneum/AnyTask™ Platform

Electroneum is a mobile-phone-based crypto app powered by a revolutionary instant payment system that enables its nearly 4.1 million registered users to send, receive, and transfer funds within minutes at a fraction of a U.S. cent. It is one of the only crypto apps that allows users to top up their airtime and data in 140+ countries and electricity top-ups in four African nations. Our users have completed millions of blockchain transactions, including over 300,000 app-to-app transfers and more than 200,000 airtime and data top-ups, making ETN one of the most widely used cryptos. Electroneum is the only crypto that has made earning its token possible. AnyTask is Electroneum's freelance platform, with hundreds of thousands of registered users and tens of thousands of tasks across dozens of categories. Electroneum and AnyTask do not require  users to have a bank or PayPal account, empowering millions of people to instantly access the global digital economy.


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