Electroneum M1 Blockchain smartphone announced with Cloud Mining

Electroneum M1 is an ultra-affordable smartphone that has been announced at the MWC this year and the smartphone is going to be priced at a staggeringly low $80 price point. This Android smartphone has been designed with people in the developing regions in mind targetting the features that they really need. According to the brand, the most important feature of the smartphone is that instead of costing you over the years of usage, it, in turn, pays back to the user.

“With our experience in tech, we were able to gather a world-class team consisting of telecommunications, manufacturing, emerging area mobile-operators, product design and marketing specialists, all helping to make this utopian vision of ours a reality. Without the broad range of talent and expertise, we could never have imagined the possibility of making a product of this calibre accessible for anyone in the world, and we are extremely proud of the result”

The Electroneum M1 comes with built-in Cloud Mining and can earn up to $3 in ETN revenue every month. THis can be spent on several things including mobile top up. Despite the price that it is being offered at, the Electroneum M1 comes with pretty decent features and has 8GB internal storage, dual-SIM and 4G support.

The device will be powered by a 1.3GHz quad-core processor and runs on Android 8.1 Oreo-based operating system. Rest of the features are pretty basic and is designed with to serve the basic requirements of the user. The device comes with a 5MP resolution rear camera and a 2MP resolution front camera for capturing selfies. The Electroneum M1 also has GPS and Bluetooth 4.0, the battery on the device is very small at 1,600mAh capacity with an expected talk time of 6 to 8 hours.

The Electroneum M1 smartphone comes with a mobile wallet to store all the ETN in a safe and secure environment, the app also makes it extremely easy to send and receive ETN tokens using a bar code. The Electroneum M1 phone generates the ETN tokens on the device using a technology called Cloud Mining, this activity is used to reward with ETN tokens worth up to $3 per month.