Richard Ells buys his first Bitcoins and starts his interest in cryptocurrency.
The team at Retortal start building their own cryptocurrency, forked from cryptonote.
Bitcoin has nearly doubled in value since Richard Ells first introduced the team. Our own cryptocurrency still has no name but it is now working in our server rack.
Our first (ugly!) GPU miner is born.
Bitcoin has trebled in value since we started looking at cryptocurrencies. We formally decide to get involved in developing a cryptocurrency with improvements over what is available.
The team choose the open source Bytecoin improvements in cryptonote as the basis for their new currency
It is decided that mobile ubiquity is what we must build our currency around. We have been calling it “Electron”.
We have formally raised the initial investment required to launch our cryptocurrency. Planned for summer 2017.
We have a working model of our cryptocurrency, doing something that nobody else is doing anywhere in the world.
Discovering there is a little known cryptocurrency called “Electron” we rename our project "Electroneum" to ensure we differentiate ourselves from them.
Electroneum Ltd is formed and officially takes control of the Electroneum project.