Electroneum - Professionalism & Strategy

2 weeks early on our token sale as we were hugely oversubscribed. I think people love the content of what we're doing. Uh, we have had very low burn rate of what we're spending. Uh, we are spending wisely, I'd like to say.

And so we, uh, welcome back to the channel. Hope you guys are having a great evening. Let's do an Electroneum video. So that was a brief clip from the AIBC Summit channel, uh, the latest interview with Richard Ells, uh, and this is, um, relating to the Malta Blockchain Conference to take place in November. So Richard Ells is making his rounds, uh, still doing interviews, which is good. Uh, any, um, way to get Electroneum out there even more makes sense. But what I want to just talk about today in the video is professionalism and strategy, right? Specifically the professionalism of Electroneum and, um, you know, just having a blueprint, a strategy going forward into the future. So, um, when you look at the, the Electroneum team, it looks quite impressive, right? And Um, you know, I think I get impressed by that because, you know, in cryptocurrency, because everything relates to the blockchain and, um, AI and, and programs, uh, you know, you sometimes kind of forget about branding and the product, right? And so when I see this team well organized like Electroneum, you wearing their little Electroneum shirts in their offices, working hard every day. I like to see that, right? And, you know, I think it just makes you feel a lot better about, you know, they're actually working and trying to make this product work. And it's a cryptocurrency project, and, you know, obviously I'm sure people like Justin Sun and Charles Hoskins of Cardano and Roger Ver. I'm sure they have teams and offices and all of that, but rarely do you see them, right? Like, when I see them on interviews, a lot of times they're, they're on a— it's them by themselves. They're like in a hotel somewhere in New York or something like that. And it's just interesting to see those day-to-day operations go on. But then again, not many cryptocurrency projects have those day-to-day operations And we don't get to see, uh, you know, basically, uh, what they're doing every day and what they're doing with their projects. We just kind of see them on CoinMarketCap, trade volume going through, and something's going on, uh, but it's, it's something, uh, tangible, something I just like that there's this operational business going on, right? And so when you kind of put your money into projects like Electroneum, You know, there's this think tank behind it going, well, hey, you know, we're going to go out there, boots on the ground. We're going to push this product forward. And it's just not all automated away because, you know, I think of cryptocurrency, I just kind of think of, or a lot of people seemingly just think of, you know, just the programs doing it. You just kind of put your money in, but it's something to do. It's something about branding and going out with people and just going out to people and saying, hey, You know, would you like to try this product? Right. The onboarding of electronic, right? If you, if you want to onboard a lot of people, you're going to have to have an easy means to make that happen. And then you think about the smart devices, the mobile devices, something that people mostly have more so than anything. You know, it's quite common now for people to just, a person to just walk around with their smart device and don't even have a computer at home, right? I actually talk to people who don't even have computers. They just got their smart device and they're pretty much conducting business as usual on there. So you're probably going to a lot of these other countries and regions where maybe something like that's happening. They just kind of got their smart devices. So the branding of this and the, um, you know, the, the aesthetics of this relating to the product of Electroneum, just, you know, how the wallet interface works and how it's going to work in conjunction with these people, it makes a lot Makes sense, doesn't it? But the, the strategy that Electroneum has, I think we're pretty clear on that, uh, how they're just growing their numbers and going to use this branding and just use this very easy-to-use product to get this done. And they're, uh, they're, they're basically— they have their departments, looks like, that's handling it. And I'm sure, like, when they came up with the design of the M1 smartphone, um, the strategy for when we let people know about Electroneum, when we get this product in their hands, you know, how do we make it, uh, user-friendly for them to the point it's going to be able to align in their day-to-day lives without, you know, with the, the various, uh, operations and tasks they're performing, right? So, you know, so, uh, it just, it looks, it, it looks good. It's quite comforting to see. And I just want to touch on it. I think I just want to remind people in the cryptocurrency space about that, that when is the last time we actually seen a product, a project with a staff, and got to see inside their headquarters and see what's going on, right? You know, with the whole operation. Because sometimes, again, you know, I just kind of see the head people, they're sitting up there, they're doing an interview, they might be doing it out of their living room or something like that. But if you got a grand plan, right, if you got a, if you got a project that's going forward and that's going to be around, you know, you're probably going to have operations like this. And I think it just makes, you know, me feel a lot better to see that happening. You know, it makes us feel like Electroneum is going to be around for a long time, right? This is the way this looks and the way Electroneum carries itself. This doesn't look like a product that in a year or two is done and, you know, it's some type of exit strategy or exit, whatever you want to call it, uh, and it's just kind of dead after that, you know. This looks like this is something that's been carefully planned out and it seems to have a beginning and an end, right? Uh, it seems to have a goal. And a lot of cryptocurrency projects, believe it or not, they don't really have that, I don't think, right? Some people build blockchains And the idea is for people to come in and use the blockchain, but the blockchain is just kind of there and the people got to use it and create things on the blockchain. If they don't do that, or if they're not incentivized to do it, or if they just get tired and decide they don't want to do it, that's the end of the road, uh, for that project. But with Electroneum, you know, it's the Electroneum team kind of integrated with the, with the coin, and within Electroneum's team, they're kind of leading the pack and they have this grand plan. And everything's kind of moving together. And I think that's a great idea. You really sometimes in the cryptocurrency space, you have to have these teams that kind of lead the, you know, lead the charge because one of the biggest issues with decentralization is, you know, who is incentivized to step out there and make it work, right? You know, like if you take something like Bitcoin, who is incentivized to go out and, uh, make Bitcoin known to the masses. And it's like nobody— then some people might say, well, what the whales are, but not really, because then the whales are not organized into any structure. And this is just an inherent issue with decentralization in general. But to see these type of hybrid projects, I, I think they all add a great amount of value to the cryptocurrency space. I just want to Take a moment to just think about that. Like, when is the last time you saw a day-to-day operations coin and their project and seen inside their offices and seeing what they're actually doing and what their actual plans are and where they're going? When's the last time you heard about them going to a blockchain conference, uh, and many things? So a lot of projects not doing that. So, um, Quite interesting to see Electroneum doing it, and, uh, just makes me feel like, again, I'm in the right project, in the right coin. But that's all I want to say in this video. If you all like content like this, don't forget to like and subscribe. And until next time, take care.