ETN-Network's Richard Ells highlights the importance of regulation protecting consumers and incentivising innovation

ETN-Network's Richard Ells highlights the importance of regulation protecting consumers and incentivising innovation

The ETN-Network Team reminds readers of their June NFT giveaway and reports on progress and registered user growth

On 9 June 2021, ETN-Network CEO and Founder Richard Ells participated in a Blockchain for Europe Summit 2021 panel debate on "Social Impact via blockchain on a global scale - how the technology is affecting humanity." 

During that session, Ripple, cLabs, and the ETN-Network agreed that financial watchdogs worldwide must focus on developing balanced cryptocurrency regulations that allow innovation to flourish while protecting crypto enthusiasts from fraud, scams, and market manipulation. 

"Regulators have just got to get their heads around the fact that this (crypto) is the future," said Mr. Ells. He also said he'd like to see a "bit more understanding from the regulators of where the unbanked really genuinely sit" so they can implement a system that helps foster financial inclusion without stifling innovation. 

Ripple Head of Public Policy Susan Friedman said she believes "regulators are correct to focus on consumer protection and making sure that they are not subject to fraud and manipulation in the crypto markets. But that has to be balanced with creating frameworks that allow innovators to grow products, to develop them to be able to reach the populations that they're looking to benefit."

READ: Ripple, ETN-Network, and cLabs call on regulators to create legal frameworks that foster financial inclusion and innovation

https://news.electroneum.com/ripple-etn-network-clabs-call-on-regulators-to-create-legal-frameworks-that-foster-financial-inclusion-and-innovation

The panel moderator, Anca Bogdana Rusu, cLabs Head of Partnerships, Policy, and Advocacy, asked regulators worldwide to do their best to ensure they are not blocking innovation or social impact. "Whenever the social impact blockchain concept" comes up, "hold a mirror and ask if you've done everything in your power to promote regulation, both for innovation as well as real impact." 

Top left: Anca Bogdana Rusu of cLabs and panel moderator; top middle: Richard Ells of ETN-Network; top right: Muhammad Noor of the Rohingya Project; bottom left: Susan Friedman of Ripple, and Cecilia Chapiro of UNICEF.
Top left: Anca Bogdana Rusu of cLabs and panel moderator; top middle: Richard Ells of ETN-Network; top right: Muhammad Noor of the Rohingya Project; bottom left: Susan Friedman of Ripple, and Cecilia Chapiro of UNICEF.

The panel moderator, Anca Bogdana Rusu, cLabs Head of Partnerships, Policy, and Advocacy, asked regulators worldwide to do their best to ensure they are not blocking innovation or social impact. "Whenever the social impact blockchain concept" comes up, "hold a mirror and ask if you've done everything in your power to promote regulation, both for innovation as well as real impact." 

Another awesome NFT giveaway

Marketing Manager Jonathan Marriott has been hard at promoting non-fungible token (NFT) art to a broader audience. He is educating businesses and individuals on why this fast-growing asset class is perfect for brand awareness, advertising, media campaigns, and fundraising events, among many other use cases. 

Last week, Mr. Marriott published a brief article introducing  Ayomee. She has now worked with the AnyTask™ Platform on several NFT projects.  

In the latest NFTs, Mr. Marriott added, Ayomee has made a representation of a young, thriving community of global freelancers who challenge the status quo and use platforms like AnyTask.com to explore new ways of earning a living. 

Looking to commission an NFT like these? Check out the artist of these NFTs here

But here is the best part of that article: "In June, Ayomee and the AnyTask™ Platform will be giving away a limited number of each of these NFTs. If you'd like to be in for the chance to collect one, or even both, check out the details below: 

NFT #1: Aaliyah the AnyTasker : Complete $30 or more worth of purchases on AnyTask.com before midnight BST on 30 June 2021 and receive an NFT of 'Aaliyah the AnyTasker.' All purchases must be completed before the deadline, including the fulfillment of the Task(s) and review(s) left for the Seller(s). Head over to AnyTask.com to get started now! 
NFT #2: Ayo the AnyTasker : For every NFT minted of 'Aaliyah the AnyTasker,' an 'Ayo the AnyTasker' NFT will be given away via social media. To be in for the chance to win, head over to our giveaway page - there are ten ways to enter! 

ARK and MarketSquare collaborate with ETN-Network

Jonathan Marriott also spoke of what we can expect from the ETN-Network and ARK's MarketSquare collaborative work.

"I am liaising with our colleagues at  ARK and  MarketSquare on pages relating to the various products and services covered by the ETN-Network, as well as preparing a handful of invitations for some of our community members who we have been told will gain access to the early BETA of MarketSquare," he noted. 

READ: Ark lists Electroneum and AnyTask.com on their new website, MarketSquare

Mr. Marriot reminded readers that "MarketSquare is ARK's new and upcoming platform that aims to become the comparison site for the blockchain space. The ETN-Network is one of their early partners." 

Tech improvements and upgrades

Senior Tech Developer Chris Day said his team is working on updating and upgrading their internal processes to improve security, reduce technical debt, and the time it takes to develop, making the environments in which they work more consistent. 

For those who are not so tech-oriented, technical debt refers to other coding or processes getting delayed during the development of a software project to hit a deliverable or deadline. 

In the meantime, App Developers/UI Ben Whomsley and Costin Cristoi have been working to improve internal processes, including onboarding of new ETN App and AnyTask.com users, making them more efficient. 

Whomsley and Cristoi also said they are focusing great efforts on improving the UX (user experience) and design within the ETN App to improve the way services are displayed, such as mobile phone and electricity top-ups as well as many other in-ETN-App purchases that will be integrated in the coming weeks. 

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The AnyTask™ Platform also sees improvements 

AnyTask.com continues to grow. The platform welcomed over 50 new online freelancers as Sellers this past week, bringing that total to nearly 17,500, said Head of Marketing, Cathy Jenkins. These Sellers have over 30,000 Tasks listed on the AnyTask™ Platform, she added. 

Mrs. Jenkins said that in total, however, over 7,800 people signed up as new AnyTask.com users. Also, Sellers listed over 925 new Tasks. The head of marketing also noted that her team focuses on paid social media advertising to potential US and UK clients. However, Cathy Jenkins's team is also testing other audiences. 

Cathy said she is pleased to report the resolution of an issue that surfaced regarding Buyers on AnyTask.com not completing their orders after analyzing disputes and AnyTask.com's Zendesk tickets. 

"Buyers were not aware of when they had to complete orders, so we had instances when they took longer than allowed, prompting Sellers to go through dispute to get paid for work they had completed successfully," she explained. 
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"To reduce the confusion for Buyers and help Sellers get paid promptly, the AnyTask.com team made it much clearer for Buyers by moving the 'Complete order' button to the top of the page and made it really stand out in a banner with additional messaging," Cathy added. 

"The AnyTask.com Marketing team will keep an eye on Seller and Buyer contacts in the coming weeks to see whether this issue has been resolved," Ms. Jenkins concluded.  

"We're hiring," says the ETN-Network

Human Resources Manager Mike Jennings announced that the ETN-Network still has several job vacancies. He called on those interested in working in the crypto and blockchain space to contact him immediately via the "Careers" page. 

He said the ETN-Network is actively seeking PHP Developers, a Software Engineering Manager, a front-end developer, a Tester, and two Scrum Masters. 

 

 

 

About Electroneum

ABOUT ETN (ELECTRONEUM LTD’S CRYPTOCURRENCY)

The ETN App is a mobile-phone-based crypto app powered by a revolutionary instant payment system that enables its more than 4 million registered users to send, receive, and transfer funds with instant transaction notifications and at a cost equivalent to a fraction of a U.S. cent. It is one of the only crypto apps that allows users to top up their airtime and data in 160+ countries and electricity top-ups in nine African nations. ETN users have completed millions of blockchain transactions, including over 300,000 app-to-app transfers and more than 200,000 airtime and data top-ups, making ETN one of the most widely used cryptos. ETN is one of the only cryptos that has made earning its token possible. The AnyTask Platform is a freelance platform matching Buyers and Sellers of digital Tasks, with hundreds of thousands of registered users and tens of thousands of Tasks across dozens of categories. The ETN-Network and the AnyTask™ Platform do not require Sellers to have a bank or PayPal account, empowering millions of people to instantly access the global digital economy