CURRENT - The Next Generation OF Media Streaming Platform

Introduction

We use the internet in our daily life and Most communication media include Ponsel (smartphone), Television, etc using the internet to be connected.
Through the internet, Everyone uploads their work to social media for the purpose of getting paid. However, it will be more simplified by the Current Platform. Get paid to stream from networks like Spotify, YouTube, SoundCloud, and more in an all-in-one personalized experience with ” CURRENT ” An Incentivized, Blockchain Enabled Multimedia Ecosystem.

About Current

Current is a blockchain enabled a multimedia platform that empowers a new generation of media streamers. Users are rewarded by streaming from the networks they love like Spotify, YouTube, SoundCloud, and more in an all-in-one personalized media platform. And Also CURRENT is a token can be used to purchase a broad range of products, services, and in-platform advertising.

Developing of Current Platform

The developers will do the development gradually but with a definite purpose, there are several stages to develop the application ecosystem or platform. Current platform has 2 phases in developing and utilizing their alliances ie"
During this phase, Current is solely sourcing content from third-party networks like YouTube, Spotify, Soundcloud, Internet Radio, etc. With over 300 million songs and over 1 billion videos, over 200,000 people have used Current to listen, watch, and interact with media. The average user spends over 18 minutes per session and our Day 30 retention as of Q4 2017 is over 35% without any incentives built into the platform, well above industry standards at this stage.
The protocol records transactions on the blockchain that attest a user’s contribution to the network (by consumption, or by curation and creation) and a smart contract distributes CRNC tokens in response to that contribution. In order to handle the scalability bottlenecks, while maintaining trust within transactions, we will consider “state channels”.

In collaboration with independent media platforms, the CURRENT protocol will be forked to broaden the available market share and create sub-tokens for each media ecosystem. As blockchain technology continues to mature and adapt to market needs, the token, the platform, and the protocol will continue to leverage bleeding edge technologies to maximize value for all participants. Three such strategies include:

A Superior Identity Profile For Blockchain Based Applications
Decentralized Storage Infrastructure Alongside Centralized Networks
Ethereum Blockchain Scalability via State Channels For The Media Industry

The primary objective of the protocol is to evolve based on market adoption, and therefore will be rolled out incrementally. The initial function of the protocol is to reward participants of the consumption cycle in three steps:
verify the initializer, calculate the value of the action to the network, calculate the appropriate token reward to distribute to the contributors

Ethereum Based and Blockchain Technology

One of the newest forms of technology is called Blockchain Technology – Blockchain Technology offers great potential and is ideal for many markets as it enables transparency, trusted and data transactions occur instantly.Technology allows peoples around of the world to be connected – To be as one. You can’t deny that Technology is important in our every-day-lives and our work.

CURRENT already provides more than 200,000 users with a more convenient search and discovery experience. With the launch of the platform token, users will be rewarded for streaming content from their favourite networks. The platform combines data points surrounding the types, times, and topics played by each person across multiple networks to serve up. Using Blockchain system Consumers get more choice in how they pay for media; Creators and Curators get a new form of compensation, and Advertisers get more transparent accounting and audience information. This will be an amazing combination.

About Token

Current will stake a portion of CRNC for each newly issued platform sub-token allowing token immediate liquidity to occur for any network participation. Current will be integrating with the Bancor Protocol in order to provide liquidity and formulaically determine the price of subtokens. Current is able to bring an immediate value to all media online and own the landscape of how media interactions are rewarded, no matter the platform.Tokens will be implemented on the public Ethereum blockchain as an ERC20 token

-Symbol: CRNC
-Total Supply : 1,000,000,000 CRNC
-Accepted Payments: ETH, BTC, NEO
-Public Presale Period : February 7, 2018 (12:00AM CT) – February 21, 2018 (11:59PM CT)
-Sale Amount: 350,000,000 CRNC, Exchange Rate: est. $0.24 <> 1 CRNC ,
-Minimum Transaction: 0.03 ETH,
-Soft Cap : $5,000,000
-Hard Cap : $36,000,000 Token,

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