Logo of Phnom Penh Post newspaper Phnom Penh Post - Crypto smartphone sales exceed targets

Crypto smartphone sales exceed targets

Crypto smartphone sales exceed targets

UK-based Electroneum (ETN), a cryptocurrency, said its partnership with Cellcard to sell smartphones in the Kingdom has proven very successful.

In late January, Cellcard and Electroneum announced a partnership to sell one million smartphones to Cambodians at affordable prices.

The partnership allowed users of ETN tokens to top up their mobile phone through the ETN App, using ETN Rewards. With Cellcard, users can also top up their mobile phone airtime and data with ETN crypto.

According to an ETN announcement last week, this is the first time a blockchain start-up is working directly with a mobile network operator.

As a result of their agreement, the Electroneum crypto smartphones that Cellcard ordered flew off the shelves in just under two hours, it said.

“Cellcard ordered 250 smartphones from us based on the number of our mobile devices they estimated would be sold in one month. They based their forecast on the sale statistics of other brands.

“Cellcard executives were pleasantly surprised to see the smartphones fly off the shelves within two hours and have immediately placed a new order to increase their stock of our crypto phone,” he said.

According to Electroneum CEO and founder Richard Ells, mobile top-ups have been going very well for his companies in seven countries – Cambodia, Nigeria, Tanzania, Brazil, Turkey, South Africa, and Uganda.

“We have registered nearly 60,000 top-ups in those countries so far, which are such great numbers that we are now ready to go live with this service in 140 countries in the coming days,” he said.

Cellcard launched a promotional sale of the M1 Electroneum smartphone with the built-in ETN App that gives up to $3 a month in ETN that can be used for mobile top-ups and to purchase everyday items in several countries around the world.


  • Massive stingrays may live in Mekong’s deep pools

    US scientists have suggested that unexplored deep pools in the Mekong River in an area of Stung Treng could potentially be home to significant populations of giant freshwater stingrays, one of the world’s largest freshwater fish species. This comes as a fisherman hooked a 180

  • PM takes time to meet, greet Cambodians living in the US

    After landing in the US ahead of the ASEAN-US Special Summit, Prime Minister Hun Sen was received by over 1,000 Cambodian-Americans including political analysts who welcomed him with greetings, fist bumps and selfies. Hun Sen also met with analyst Mak Hoeun, who had allegedly spoken ill

  • PM heads to Washington for ASEAN-US special summit

    Regional and international issues and how to bring the ASEAN-US partnership to another level will be discussed at length as Prime Minister Hun Sen and his ministers arrive in Washington, DC, for a special summit on May 12-13. During the trip, Hun Sen and ASEAN

  • National Assembly refutes EU resolution

    The National Assembly (NA) has hit back at a European Parliament resolution condemning the political and human rights situation in Cambodia, calling it another display of the Parliament’s “double standards”. Key points of the resolution include a warning that the Parliament could exclude the

  • Soaring global fuel prices: an opportunity for Cambodia?

    Cambodia is feeling the squeeze from the soaring global coal and oil prices. Electricity du Cambodge (EDC)would certainly be hurting from this reality, and most likely re-assessing its plans to add more coal power stations. EDC buys half of Cambodia’s electricity from plants

  • PM reflects on shoe throwing: Free speech or act of violence?

    Prime Minister Hun Sen on May 17 questioned whether a man who threw a shoe at him while he was in the US was exercising freedom of expression or if it was an act of hostility. Hun Sen was referring to an incident last week when