Virtually every one uses media in everyday life. It happens to be a major thing that keeps everyone happy and also a form of communication and also information. The platform i will be discussing combines popular media network on one platform and not just that, it rewards customers for just playing their media. The name of the project is Current.
Current is a digital platform which rewards users for media sharing based on the algorithm’s set by the company. Current has already attracted more than 200,000 users who prefer to use Current as a result of convenience and also ability to stream. The ecosystem will consist of some major elements.
1. First is the platform which will combine all popular media. This platform is Current platform
2. Secondly, is the protocol which monitors and verifies the operation of the user and in return calculates the value of the executed action and also the reward of the action.
3. Third is the utility token whose purpose is to enable customers save money on existing media subscriptions outside of Current and even get them for free. The utility token also serve as a medium to which advertisers and creators can purchase ads on the platform.
On Current platform, you can view or listen to different multimedia files from different social networks. One other major thing of interest is the fact that you can receive recommendations on certain things you are interested in. In current, users require no prior knowledge of blockchain technology, no cryptocurrency holdings, and no change in behavior as they are rewarded by consuming the networks they already use. With current, consuming your media is easier and more rewarding than ever.
Current rewards its users through CRNC token, the media token designed for the media industry. So all you have to do is play your music, videos and all other form of media files to earn CRNC tokens. Everytime a token gets paid, everyone in the community gets a piece of it. These stakeholders include the consumer, curator, creator, referrer and growth pool. Explaining these stakeholders,
Consumer: The person playing the media and paying for subscriptions
Curator: The person organizing the playlist or bringing the content into the network from an external source
Creator: The person or group responsible for the content being played
Referrer: The person responsible for bringing the consumer onto the platform
Growth pool: The pool of tokens that ensures liquidity and proper supply in the total token supply pool
About Tokensale and Distribution
The total supply of the tokens during the sale is 1,000,000,000 CRNC. The different acceptable currencies include BTC, ETH, and NEO.
The presale has already started and will continue till 21st February 2018. However, the ICO will start from March 14th, 2018 and will continue till April 4th, 2018.
The soft cap is $5,000,000 and the Hard Cap is $36,000,000. The minimum transaction needs to be done of 0.3 ETH.
Distribution
35% — Rewards for Mining
35% — Token sale
12% — Team
10% — Community Growth
5% — Advisors
3% — Foundation
To know about this platform, Visit:
Website: https://current.us
Whitepaper: https://cdn.current.us/whitepaper.pdf
Telegram: https://t.me/CurrentCRNC
ANN Thread: https://bitcointalk.org/index.php?topic=2829644.0
Facebook: https: //www.facebook. com / CurrentCRNC /
Twitter: https://twitter.com/Current_CRNC
Brightdhykseen: https://bitcointalk.org/index.php?action=profile;u=1048662