Electroneum vs Terra vs Crypto.com
What problem does this service solve?
Electroneum is launching a payment system for developing countries. The mobile app, which already has over one million registered users, gives users a small amount of their native token to increase liquidity and adoption. | Terra's goal is to make it easier to integrate Crypto payments with existing banking systems. | Crypto.com aims to provide an all-in-one payment solution for cryptocurrencies. |
Token Stats
Company Description
Electroneum is creating a payment system for developing countries. Their platform is designed for mass adoption and uses a mining protocol that encourages daily use. Electroneum's mobile app will provide a digital payment solution that can be more easily used for transactions in these countries. The platform has a unique mobile mining protocol that gives a small amount of their native token (ETN) to users every day. This is meant to drive user adoption and provide greater liquidity to the network. | The Terra blockchain is used to record transactions for its price-stable cryptocurrency. Terra is a South Korean company that is focused on leveraging blockchain to facilitate stablecoin payments for a variety of decentralized apps in Asia. The company has partnered with payment gateways such as CHAI and Meme Pay, to enable users to send blockchain-based payments with direct banking integrations, allowing anyone with a local bank account to instantly send stablecoin payments that are pegged 1:1 with their local currencies. | Crypto.com, formerly known as Monaco, is a cryptocurrency payment platform consisting of a wallet and debit card. The Crypto.com wallet App is available on Android and iOS. Their network is powered by the Ethereum-based MCO token. |