CURRENT
CURRENT – Get Paid To Play The Media You Love
Current is an incentivized, blockchain-enabled streaming ecosystem that lets you choose how to stream and pay for your media. On current consuming your media is easier and more rewarding than ever current rewards its community through currency a new digital token designed for the media industry play your favorite music videos podcasts and even more to earn currency tokens every time a token gets paid everybody in the community gets a piece of it consumer creator curator and refers currency tokens can be spent in three ways consumers can save money on their existing media subscriptions outside of current or even get them for free creators and advertisers can buy ads on the current platform additionally currency can be traded on third-party exchanges.
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.
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.
Token and Protocol Dynamics
Current’s blockchain attribution protocol accurately and transparently compensates contributions to the recommendation algorithm and overall growth of the Current ecosystem. A token is “mined” when a user plays media within the platform. Each token that is mined is split amongst the creator, curator, consumer and potential referrer.
Stakeholder List; The person playing the media and paying for subscriptions
Consumer; The person organizing the playlist or bringing the content into the network from an external source
Curator; The person or group responsible for the content being played
Creator; The person responsible for bringing the consumer onto the platform
Referral; 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
Stakeholder List; The person playing the media and paying for subscriptions
Consumer; The person organizing the playlist or bringing the content into the network from an external source
Curator; The person or group responsible for the content being played
Creator; The person responsible for bringing the consumer onto the platform
Referral; 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
Content and Value Flow
Token value Flow
The diagram below represents the baseline distribution structure of tokens mined through media consumption. For some media items consumed, the distribution may vary based on the presence or absence of a referrer or curator.
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For consumers this is 55%, creators and curators this is 20%, for referrers this is up to 3%, and for the growth pool this is 2%.
*When content is consumed and a 3rd party curator is not present, Current is awarded the 20%.
**While a creator has less than 36,000 seconds (10 total hours) streamed on the platform their 20% share of tokens will be allocated to the growth pool until their escrow account is minimum is met.
***If a referrer is not present the 3% is awarded back to the growth pool.
****The growth pool will be allocated 2% of each token in all instances.
*When content is consumed and a 3rd party curator is not present, Current is awarded the 20%.
**While a creator has less than 36,000 seconds (10 total hours) streamed on the platform their 20% share of tokens will be allocated to the growth pool until their escrow account is minimum is met.
***If a referrer is not present the 3% is awarded back to the growth pool.
****The growth pool will be allocated 2% of each token in all instances.
Total token Supply Allocation
Our fixed token supply of 1 Billion tokens will be allocated in the following ways
Fund Distribution
Our team has consistently demonstrated the ability to utilize resources efficiently and scale products quickly.
Token launch
The primary purpose of the token launch is to effectively kickstart the token market and support Current Media in further developing technology that contributes to the market. Bonuses will be provided to early investors with a short lockout period after the sale to bolster stability, Join this ICO today!
For More Information contact
Website:https://tokensale.current.us/index.html
WhitePaper: https://cdn.current.us/whitepaper.pdf
ANN Thread:https://bitcointalk.org/index.php?topic=2829644.0
WhitePaper: https://cdn.current.us/whitepaper.pdf
ANN Thread:https://bitcointalk.org/index.php?topic=2829644.0
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