Current (The Next Generation Of Media Streaming)













Hello crypto lovers,... welcome to my blog  ;-)

I have good news for you,now present cryptocurrency called current. Current is creating a digital token that uniquely rewards a person's time, money spent, and data shared during the media streaming experience. This token can be used to purchase a broad range of products, services, and in-platform advertising.  an incentivized, blockchain-enabled streaming ecosystem that lets you choose how to stream and pay for your media.you can invest in current and get benefits in the future. 

Why current ?
Of course because current already provides more than 200,000 users with a more convenient search and discovery experience. it is good opportunity and very good to invest.  with current, users will be rewarded for streaming content from their favorite networks like  Spotify, YouTube, SoundCloud, and more.Vision of current  is make "Media for web 3.0" and make "The Streaming Generation"



Curent is the Next Generation Of Media Streaming.

 A platform :Current consolidates the best content and features from the most popular media networks into an all-in-one, personalized experience. A protocol : the protocol rewards people for their time streaming, ad impressions and personal data shared. Launching initially on the Current platform, the protocol will open for developers and third-party providers to utilize. A token : The Current utility token, CRNC (pronounced “currency”), reduces or eliminate premium subscription costs and facilitates ad purchases.

with current, make your streaming, and get benefits. just press and then play. Earning CRNC is simple,  stream your favorite content through the Current Platform. CRNC can be used immediately to reduce or eliminate the cost of premium subscriptions to popular content providers. A platform with a nearly limitless content library, that satisfies the demand for popular music, video, film, audio books, podcasts, etc. Current automatically creates a CRNC wallet for every user. In many cases, Current will be the first digital wallet the mainstream public will own.

Current is a Universal Media Platform : With over 300 million songs and over 1 billion videos, over 200,000 people have used Current to listen, watch, and interact with media.

Current is a Universal Media Protocol and Token : protocol and a utility token that democratizes the value created in the media consumption cycle; shifting benefits from advertisers and intermediaries to people who are playing, creating, and curating media.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.

The Future Of The Current Ecosystem :
*. A Superior Identity Profile For Blockchain Based Applications
*. Decentralized Storage Infrastructure Alongside Centralized Networks
*. A Superior Identity Profile For Blockchain Based Applications
*. Ethereum Blockchain Scalability via State Channels For The Media Industry


Provides a more convenient and thorough media search and discovery process by consolidating disparate content sources into one place. Aside from reducing the number of apps needed to play music, video, podcasts etc., the platform has more data points available about the media types, times, and subject matter that a person experiences and can generate recommendations better than any single network alone.

*. More Convenient Streaming
*. Reducing Barriers to Ownership
*. Keeping Up With Culture
*. Better Recommendations
*. Proprietary Recommendation Algorithm

A Utility Token for the Media Industry :
Purpose of the Protocol : The initial function of the protocol is to reward participants of the consumption cycle in three steps:
 (1) verify the initializer
 (2) calculate the value of the action to the network, 
 (3) calculate the appropriate token reward to distribute to the contributors.

Sub Tokens and Network Tokens (CRNC) : Sub tokens can then be instantaneously traded for CRNC or any other token within the ecosystem.

Current  is Ethereum Based : Tokens will be implemented on the public Ethereum blockchain as an ERC20 token. it is one of the largest developer communities, and top-tier backing the Ethereum blockchain has become the industry standard for issuing custom digital assets and smart contracts.

The Importance of Cryptocurrency Ownership: Within Current, scaling the user base is a key factor in the valuation of CRNC. The larger the population of holders, the more momentum the technology can gather.

Revenue Model of Current 

*. Users trading their tokens in for premium  subscriptions and services
*. Ad impressions before and after the ad-threshold is reached
*. Third-party service fees for access to Current identity profiles
*. Brokering the sale of tokens to Advertisers from token holders (Consumers, Creators, Curators )     within an internal marketplace
*. Earning a 20% token share from media played in any of Current’s curated channels

Token Value Flow

Earning and  Spending Tokens : Tokens Earned by Consumers,Tokens Earned by Curators,Tokens Earned by Creators Tokens Spent on Current. 
The Current token economy is based on the number of users playing media in the Current network and their contributions to the network. The network has several stabilization tactics that help balance token outflows and inflows within the network.

Token Stability and Value Creation :The existing use of virtual currency to make payments Forward-looking investors buying the virtual currency; effectively regulating its supply The factors that together will drive future consumer adoption and merchant acceptance of virtual currency.

Automatic Wallet Creation: Current will allocate a minimum of 10,000,000 (10 Million) tokens for distribution to early users for simply claiming their wallet within the Current platform. The amount will be relative to the cost of acquiring those users through traditional channels and will not be designed for wealth creation. This incentivizes early participation in the network from people outside of the cryptocurrency field of interest.

Incentivized Social Media & Advertising Landscape, Decentralized Media Platforms,Advantages in Media Landscape.

 ABOUT TOKEN, SALE, and DISTRIBUTION

Symbol        (CRNC)
Total supply 1000.000.000 CRNC
Role: A utility token used to purchase goods,premium, services, andad inventory within the  current platform
Accepted payment : ETH,BTC, NEO
sale amount : 350.000.000 CRNC
Public pre-sale periode February 7, 2018 (12:00AM CT) -February 21, 2018 (11:59PM CT)
Main sale periode : March 14, 2018 (12:00AM CT) - April 4, 2018 (11:59PM CT)
claim your wallet campaign March 21, 2018 (12:00AM CT)
Exchange rate est. $0.24 
minimum transaction 0.03 ETH
softcap $5000.000
hardcap $36.000.000

Token supply allocation:
35% Mining Rewards
35% Token Sale
10% Community Growth & Strategic Partners
17% Team & Advisors 
3% Current Foundation
Distribution of funds received from the sale of 35% from total token supply
40% Development & Research
30% Marketing & Platform Development
25% Operations, Business, & Corporate Development
5% Legal & Administrative

User Data Collection and Anonymity : share with the network and adjust their privacy settings accordingly, with most personally identifiable pieces of information decoupled from preference data. Current is dedicated to the security and privacy of our community members and will be keeping all
private data on the user’s device. The Current ledger system intends to explore the implementation of the ANONIZE algorithm

CRNC Wallet: Current will use the Ethereum MultiSig wallet as our standard. CRNC will be fully complian with ERC20 standards in order to ensure that the tokens are compatible with all Ethereumbased wallets (Mist, Geth, Metamask). 


CORE TEAMS AND CONTRIBUTORS OF CURRENT

Dan Novaes,Co-Founder, CEO
Nick McEvily,Co-Founder, CPO
Kiran Panesar,Co-Founder, CTO
Josh Moyer,Business & Marketing Manager
Seamus Doheny,Curation Director Partner, Manifest Chicago
Steven Lee,Lead iOS Engineer
Brian Ng,Economist & Mathematician
William Ryan,Cognitive Neuroscience & Behavioral Economics,UC Berkeley
Amy Karr,Co-founder, Arclydia Group ,Forbes 30 Under 30 2x
Shadi Paterson,Chief of Growth, The 8760
Ed Zitron,CEO/Founder EZPR Top 50 People in Tech PR 3x
Trey Ditto,Founder/ CEO, Ditto PR
Shane McQuillan,Participant Relations, Book Builder

ADVISORS AND INVESTORS OF CURRENT
Mark Cuban,Owner, Dallas Mavericks, Chairman Axs TV
Galia Benartzi,Co-founder, Bancor Foundation
Eyal Hertzog,Product Architect,Bancor Foundation
Eric Gravengaard,Founder, Athena Bitcoin Founder, BitQuick Exchange
Dave Hoover,Founder, Dev-Bootcamp Engineer, Augur ConsenSys & Raise
John Wise,CEO/Founder Loci Inc
Jim Gray,Founder, OptionsXpress
Danny Johnson,CEO/ Founder, Pinkcoin
Gregg Latterman,Founder, Aware Records Founder A-Squared Mngmnt
Tony Simonovsky,ICO Focused Growth Hacker, KICKICO
Daniel Hoffer,Founder, Couchsurfing
Former Partner, Tandem Capital
Sergei Sergienko,CEO, Chronobank.io
Darius Rugevicius,Value Engineer,Connect Capital
Sten Laureyssens,Partner, Connect Capital Advisor, Storm Token

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