# Electroneum (ETN): D-Score 57/100 — Moderately Decentralized

**BlockIndex D-Score: 57/100 (Moderately Decentralized).** Electroneum (ETN) is a Layer 1 cryptocurrency using IBFT consensus. Electroneum: Fast, eco-friendly blockchain enabling digital finance access via EVM compatibility and NGO partnerships.

_Source: https://blockindex.ai/coin/etn · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 57 |
| Node distribution | 18 |
| Initial distribution | 0 |
| Governance | 21 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: IBFT (IBFT)
- Launch: ICO (2017)
- Founder: Richard Ells
- VC funded: No
- Max supply: 21,000,000,000
- Circulating: 17,979,817,605 (85.6%)

## Market data (as of 2026-06-19)
- Price: $0
- Market cap: $15.17M
- 24h volume: $275,313.94
- 24h change: -1.09% · 7d change: -0.05%

## About
Electroneum (ETN) is a Layer 1 blockchain platform, introduced in 2017 by Richard Ells, offering EVM compatibility and a focus on democratizing digital finance, particularly for the unbanked. Utilizing the IBFT consensus mechanism, it supports quick and secure transactions. As an eco-friendly initiative, Electroneum partners with NGOs and emphasizes low-energy operations. Electroneum has integrated with AnyTask.com, providing a digital freelance marketplace where users earn ETN without bank accounts. Its significant milestone includes the 2024 Aurelius update that upgraded the network to EVM compatibility. The platform boasts a total supply of 21 billion ETN, with approximately 85.6% in circulation. Electroneum is centrally governed and headquartered in the UK, emphasizing sustainability and practicality in its operations.

## Links
- Website: https://electroneum.com/
- Whitepaper: N/A
- GitHub: https://github.com/electroneum

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore