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CURRENT An Incentivized, Blockchain Enabled Multimedia Ecosystem

Development and progress of Technology are increasing rapidly in the modern era, you could say that the people of the world are now pampered by technology. The terms of technology are widely known, and everyone has their own way of understanding the concept of technology.

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

CURRENT is creating a digital token that uniquely rewards a person’s time, money spent, and data shared during the media streaming experience. 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 have 2 phases in developing and utilizing their alliances ie:

Traction : A Universal Media Platform
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.

Scale: A Universal Media Protocol and Token
The second phase is focused on building a 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. 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
A New Way to Play Media

The Current platform 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 Current is available with 8 integrations and intends on integrating more services that host podcasts, audio books, television shows, and movies.
A Utility Token for the Media Industry

Purpose of the Protocol

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:

(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

Ethereum Based and Blockchain Technology

Tokens will be implemented on the public Ethereum blockchain as an ERC20 token.

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.

Token Launch
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.

Symbol : CRNC
Role : A utility token used to purchase goods, premium services, and ad inventory within the Current platform

Total Suppy : 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)
Main Sale Period : March 14, 2018 (12:00AM CT) – April 4, 2018 (11:59PM CT
Claim Your Wallet Campaign : March 21, 2018 (12:00AM 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,

Smart contracts will distribute tokens within one month of the token sale. Token giveaways will be used as a marketing and growth tactic. “Claim Your Wallet” will launch March 21st, 2018 to transition our existing user base into the Blockchain ecosystem and create awareness.

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 ProtocolThe 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 TokenThe Current utility token, CRNC (pronounced “currency”), reduces or eliminate premium subscription costs and facilitates ad purchases.

I Want To Participate!

I Don’t Have Cryptocurrency
Anyone who has the Current App during the token sale period will be rewarded with a small amount of CRNC in their own personal Wallet.

Get Free CRNC