Sorry folks. One thing I've learned with bitcoins (and altcoins) in the last many years is that if a coin looks, smells, and acts sketchy then 99% chance is it is sketchy. I can't recall a single altcoin that acted flaky at the beginning and ended up being legit. Maybe the only close one was dogecoin but then again that was just market pumped for months, and then years so GPU miners could collect their coins. This one was pushed massively marketing wise. They must have spent hundreds of thousands of dollars to advertise electroneum everywhere (keep in mind the people that created these coins are internet marketing experts). They clearly did not invest at all, or maybe even understand the underlying backbone of the blockchain technology. The mobile wallet seems basically like a non-starter. There is nothing there. It is simply a PC mining altcoin just like the 1000s of altcoins already out there... except this time they branched off the monero altcoin. I have not seen anything that explains why this coin is "great" for mobile mining. There is nothing afaik that makes it unique for mobile mining. It is just another CPU/GPU PC mining coin that was market pumped by expert marketers.

The Electroneum developers are apparently responding to these threads so if there is some interesting technology then *please* educate us.

Hopefully I'm mistaken with all of this but the more I see about this the more it seems likely this was a pump/dump scheme.