Phoneum is a cryptocurrency platform for mobile devices. It enables the users' mobile devices to either mine or performs cryptocurrencies transactions through a P2P (Peer to Peer) network using the platform mobile app. Phoneum free mobile app has support for Android and iOS and includes a digital wallet service where users can store and manage their digital assets.

The PHM is an Ethereum-based (ERC-20) cryptocurrency. It is the token that powers the platform as it will serve for the users to exchange value between them when using Phoneum services and also to reward those who spend more time on the mobile app, using a Proof of Time mechanism.

Team:

• Ivan Likov: Founder and Lead Developer. 
• Gaurav Dubey: Director of Strategy. 
• Konstantin Iliev: SEO and Cybersecurity. 
• Andrew Sazama: Marketing Communications. 

Phomeum ICO began on July 30, 2018. The ICO token supply represents 11% of the total token supply, so there is a total of 2,200,000,000 PHM tokens available, for 0.01 USD each. The ICO funding target is 1,000,000 USD, the funding cap is 20,000,000 USD and is expected to end on October 15, 2018 or when the funding cap is reached.

Token Reserve Split (89%):

• 82% Mining;
• 3% Team and Advisors;
• 3% Company Reserve;
• 1% Others.

Phomeum ICO features a bounty as well as the following bonus structure, and the token will be mineable.

Bonus Structure:

• 35% Presale;
• 25% Stage 1;
• 20% Stage 2;
• 15% Stage 3; 
• 10% Stage 4.