Re: [LAUNCHED][POW]⚡ELECTRONEUM⚡Official Moderated Thread

For example I have a question, does the mobile miner really mine or is it just make believe?

Its just a mining simulation app, so it doesn't really mine. You gain coins for using the app

So it's a make believe app then.vaporware.

Now I have another question

Was this sold to investors as an ico with the idea of a working mobile Miner?
Did etn market this coin as a mobile miner?

I see they lied on the white paper and caught

https://electroneum.com/2017/10/24/how-much-can-i-earn-as-a-mobile-miner/

Was this coin marketed promoted and sold to investors as a mobile miner? Wasn't that what this coin was supposed to be?

they did not lie, because you will earn premined coins with the app. Also you can mine with almost any mobile phone out there (but its kinda stupid), so a "real" miner wouldnt make sense.

It is not stupid, it is clever. They are going to use is as a tool to attract people who would otherwise never do actual mining. Those individuals will not know any better, all they will care about is watching the coins build up in their wallets. They just need to make partnerships where spending the mined coins or converting to real cash is made easy and it will be a big win.