The cryptocurrency market has reached a tipping point where companies are committed to ensuring stability and offering new products to users in order to improve their trading experience. Cryptocurrency organizations have taken it upon themselves to create new entities that comply with the latest privacy and development standards.
Out of all the players in the industry, Phoneum was one of the few to make waves like no other. Phoneum, first launched in 2017, is now capturing the market’s interest due to its strict policy of listening to its customer base.
For the uninitiated, Phoneum is a mobile-only cryptocurrency designed to provide the user with a simple and streamlined process. One of the main objectives is to ensure that the ecosystem allows fresher and expert input so that the community can grow unhindered. Phoneum first started as a cryptocurrency mining-only, after which it moved to what it is today.
After its launch in 2017, the company made a breakthrough in 2018 when it launched an updated version of the Phoneum application. In the latest update, Phoneum would categorically mine tokens according to the mobile capacity of the user. This was done to ensure that there was no surcharge and that mining was done efficiently. Phoneum currently works on a customer algorithm and blockchain structure that caters to all mobile mining needs.
Phoneum officials have informed users that API integration is of the number one priority as it is the first step in creating a holistic cryptocurrency ecosystem. According to the Phoneum website:
“We expect integration with our API to be as simple as possible. In addition to comprehensive documentation, you will find resources and tutorials for developing your product on the Phoneum Platform which is coming soon.”
Phoneum has also integrated its native PHT wallet into its system which is designed to deliver a simplified user experience to its customer base. The wallet is based on the Tron blockchain and is also fully compliant with the Tron mainnet. Phoneum customers were in for a treat when the Phoneum miner evolved into Cloud Earning PHT. With the release of Cloud Earning PHT, users were no longer required to keep the internal application running all the time.
The company has also set its sights on the gaming industry, which was evidenced by the launch of Crypto Treasures. The game will test the player’s ability to complete various quests, trivia, and challenges. The end result of these games will determine how much Gold the user unlocks. Apart from Gold, players also have the chance to unlock PHT, the native Phoneum token.