Overview

An Incentivized, Blockchain-Enabled Multimedia Ecosystem. 

Detailed description

Current is creating a digital token and protocol that is a method of exchange for time, attention and data in the digital landscape. It's starting with media, creating an all-in-one personalized experience that rewards users for streaming from the networks they love, like Spotify, YouTube, SoundCloud and more. 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. 

Current already provides more than 200,000 users with a more convenient search and discovery experience. The platform combines behavioral data points surrounding the types, times, and topics played by each person across multiple networks to serve up better recommendations than any single network alone. 

The Current protocol aligns the interests of all stakeholders in the media consumption cycle to create network effects that drive adoption. 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.

Problem

Consumers miss out on good content: 

  • Access to content based on where they are; 
  • Available content soiled by vendors; 
  • Premium memberships can range from $120 - $160 per year. Creators don’t get paid enough: - Receive smaller profits due to industry middlemen; 
  • Limits distribution and earnings potential; 
  • Worldwide reach is limited by global licensing practices.

Solution

Paying creators more & cutting consumer costs through a blockchain enabled multimedia platform. Consumers benefits: 

  • Ability to earn CRNC utility token & get free or discounted premium memberships; 
  • All their favorite multimedia in a single place; Content accessible anywhere, online & offline. Creators benefits: 
  • Receive 20% of every token mined, in addition to traditional revenue from host networks; 
  • Greater reach, domestically & internationally; 
  • Receive 100% of profits through direct-to-consumer distribution.

Features

  • Variety Of Media: Search and play content seamlessly between multiple networks without leaving Current. 
  • Users Get Rewarded: Users earn tokens for contributing  to the platform’s recommendation algorithm via consumption, curation, & creation. 
  • Creators Benefit: Creators that upload original content through Current’s decentralized media integration earn 100% of revenue per play.
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : CRNC
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 36,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :5,000,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000,000 CRNC
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :Yes
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :350,000,000 CRNC
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Without whitelist
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH, NEO,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    Within 1 month

    Unsold tokens

    NA
      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      14 Mar 00:00 UTC
      14 Apr 00:00 UTC
      0.24 USD No Min 0.03 ETH 5,000,000 USD 36,000,000 USD
      Pre-sale — Ended
      07 Feb 00:00 UTC
      21 Feb 00:00 UTC
      NA No - Uncapped Uncapped
      • Team

        • Nick McEvily photo
          Nick McEvily
          Co-Founder, CPO
        • Kiran Panesar photo
          Kiran Panesar
          Co-Founder, CPO
        • Josh Moyer photo
          Josh Moyer
          Business & Marketing Manager
        • Seamus Doheny photo
          Seamus Doheny
          Curation Director Partner, Manifest Chicago
        • Dan Novaes photo
          Dan Novaes
          Co-Founder, CEO
        • Steven Lee photo
          Steven Lee
          Curation Director Partner, Manifest Chicago
        • Brian Ng photo
          Brian Ng
          Economist & Mathematician
      • Advisors

        • William Ryan
          Cognitive Neuroscience & Behavioral Economics, UC Berkeley
        • Amy Karr
          Founder, CEO, Ventus Group Forbes 30 Under 30
        • Shadi Paterson
          Chief of Growth, The 8760
        • Ed Zitron
          Founder, EZPR Top 50 People in Tech PR
        • Jill Richmond
          Founder, EZPR Top 50 People in Tech PR
        • Trey Ditto
          Founder/ CEO, Ditto PR
        • Shane McQuillan
          Participant Relations, Book Building

      Roadmap

      • Q2 2017
        Launch Current Platform

        7 integrations including Spotify, YouTube, Facebook and more.

      • Q1 2018
        Wallet & Protocol Development

        Current in-app wallet released and testing & development will begin on protocol

      • Q2 2018
        Additional Audio & Video Integrations

        Increasing diversity of networks and media types offered

      • Q3 2018
        Launch Attribution Protocol

        Initially within the Current platform, thenbegin external implementation

      • Q4 2018
        Decentralized Storage & Identity Profiles

        Implement a decentralized storage protocol and begin on Identity Profile Development

      Activity