Mining is a way to earn coins without paying for it but however, it is never easy. This is because the cost involved in mining is very expensive. Taking for example, if you want to mine bitcoin, you must have a machine with high processing power to process bitcoin transactions by solving mathematical problems. This mining process consumes a lot of energy (electrical) and release heat as well to the environment. Hence, the cost of the computers and the energy required to mine bitcoin make it expensive. And I’m guessing with time, mining will no longer be profitable giving the dipping of the price at the moment.
This is where ERN comes in to provide solutions to the troubles one has to go through to mine crypto coins. How will the ERN team do it? They are going to build a mobile device called Mindé Pocket Miner. It is endowed with touchscreen interface, a camera, storage, strong battery, WiFi and Bluetooth connectivity. By using this pocket device just as you use your smartphones, you will earn ERN token aside the ERN tokens you earned from mining with it. With the ERNPay digital wallet on this device, you can make purchases of products and make payment through this system.
In addition to making mining easy by introducing Mindé Pocket Miner, the ERN team will also create an ecosystem called Listern Audio Platform (LAP) that supports audio sharing including songs, voice clips, audio books, etc. In this platform, there is good news for all those who will be utilising the platform. Everybody gets the chance to earn ERN token for utilising the platform. As content creators create and share their songs, audio books and the like on the platform, listeners will listen to these audios. Using the LAP Blockchain technology, there will be even sharing of rewards for these categories of people that is the creators, listeners and advertisers. Also people who want to run content projects but lack funding can solicit funding from the community through donations from its members. The donators become sponsors of the project and if the project becomes successful, the sponsors get rewarded.
The Mindé Pocket Miner and Listern Audio Platform projects will be made possible through private and crowd sale of ERN tokens in order to raise funds to support these projects.
About ERN Token
The symbol of the Token is ERN, supplying 1,000,000,000 ERN. Fifty percent (50% that is 500M ERN) will be sold at ICO. The token sale will be in four stages beginning in June at $.01 USD and ends in July at the price of $0.09. The Token is ERC 20 compatible and hence purchases will be made through Ethereum.
To know more about the ERN Project including the roadmap and whitepaper, check out their website and you can also join their telegram group to ask questions that are bothering
you by clicking the links below;
Website https://www.erntoken.com/
Telegram Group https://t.me/erntoken
Bitcointalk thread https://bitcointalk.org/index.php?topic=4496422
Author : erwin_ibrahim
ETH : 0x347A7A7dB223A23774375EFfB6b6e96c5Ac64C1c
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