While the market continues to display steady bearish pressure, coins like Electroneum (ETN) have begun looking for an escape route out of the deep with developments and updates that could enhance adoption in the market.
The mobile based mining English cryptographic project has announced to the public that its mining application has been approved by Apple.
The elegant news was made to the public through the twitter handle of the cryptocurrency.
Although, Electroneum (ETN) submitted the beta application for approval, but the nod from the mobile tech giant is sure a boost for Electroneum in the space even ahead of a full application.
Electroneum noted that at the moment, the approved application will only be going out to its first 100 Beta testers.
iOS Update: Apple have approved cloud mining and the app is going out to our first 100 Beta testers! pic.twitter.com/b6YMfFVPij
— electroneum (@electroneum) January 23, 2019
While they are yet to unveiled a full application, the response from the beta testers would be a major determiner of the next action from the cryptographic project.
The approval which took less than 48 hours was preceded by the submission of Electroneum iOS app to Apple on January 22nd.
— electroneum (@electroneum) January 22, 2019
Electroneum (ETN) Damascus Trip
The iOS app approval is sure a developmental update, but it seems to convey more glory than thought. Apple is a giant mobile tech company in the world, and it is rated third in the global smartphone market according to Forbes.
However, for Electroneum (ETN) to secure a spot at the realm of the company, coupled with the fact that its mobile mining objectives tallies with that of Apple since it is a mobile company, the cryptographic project is tipped of witnessing massive adoption that could allow buyers have control over its price. Hence a huge growth is imminent.
While many have started seeing the viability of Electroneum mobile based mining, lack of iOS cloud mining application would have been a major impediment for the altcoin, especially amongst the mammoth users of Apple mobile phone.
Electroneum (ETN) has since last week been on the rise in the market, and the altcoin lived to maintain the tempo till this week. Even though it is experiencing a slight deep in the last 24 hours market, it is envisioned that the latest development would bring in glory for the blockchain project.