Electroneum is a cryptocurrency which is giving access to over 100m smartphone users via mobile operators, aims for 10s or even 100s of millions of users and has a defined route to market.
As it was stated in the GitHub of Electroneum, the measures to hardcode a hash for block 202612 (after the Monero network was attacked on September 4, 2014) were carelessly left in the Electroneum codebase.
It was stated that if this code is not removed by the time block 202612 is mined, the entire network will break.
The code should reportedly be removed to keep the network functioning once this block is mined, that is why Electroneum is implementing the soft fork.
Electroneum codebase screenshot
Basically it means that when block 202612 is mined the entire network can break down, and all clients will think that the hash of block 202612 is incorrect, refusing to accept it and any subsequent blocks. If the Electroneum network does not soft fork to fix the above mentioned problem, it will be taken out by it.
At the moment of press, these are main market parameters of Electroneum:
Average price: $0,055886
Marketcap: $337 212 348
24h volume: $2 634 650