Current – a new concept of the use of media resources

in #bitcoin7 years ago (edited)


How do modern people spend their free time? Naturally, every other person uses Internet to chat with friends in social networks, watch video clips or movies on YouTube, listen to audio books, or download favorite e-books. In general, World Wide Web provides us with any kind of entertainment.
Lately, users have become interested in YouTube portal not only because of its media content, but also because it can be used as a search engine. Our favorite Google’s functional loses its toughness even in front of such services as Soundclub and Spotify that can be used to find a huge selection of audio books and music.
However, all the aforementioned resources have several important drawbacks that make watching videos or listening to the music a bit inconvenient, such as obtrusive and dull advertisements, and requirement to have access to the most interesting content.
As average users, how do we benefit from watching useless advertisements? We get neither financial remuneration nor a bonus in the form of access to premium-class content. Web site owners get all the money made on advertisement. A specialized platform called Current has been created to face this issue.

Project’s goal

One of the primary goals of the project is to develop a single platform for watching videos, listening to radio, music tracks, and watching on-line broadcasts with possibility to monetize personal content. Moreover, developers of platform Current intend to provide the network’s clients with a cheaper or even free access to premium content.
Another goal of this project is to provide advertisers with accurate information about preferences and needs of users, and about the most interested audience that needs the advertisement.

How it works

Platform Current is designed to provide access to all content stored on various media resources without the need to visit each of them separately. It also allows to earn funds in the form of a virtual CRNC cryptocurrency. Within the framework of the platform, this coin can be used to buy access to paid videos and music, as well as to place advertisements.
It should be noted that Current analyzes preferences of each user automatically and offers advertisements and content based on these preferences.
The developers have pointed out several ways to obtain this cryptocurrency:

  • to upload personal videos;
  • to synchronize video and audio stored on the platform with personal preferences;
  • to invite new members;
  • to watch advertisement videos;
  • to buy tokens on cryptocurrency trade platforms.


The easiest way to obtain this virtual currency is to buy it on exchanges. However, not every user has enough funds to buy these coins. So, why not watch advertisement clips and be accredited with CRNC tokens? It is a rather good and practical idea.
An alternative way to obtain coins is to participate in partnership program. Each user can invite friends to register on the platform. A user will get 5 tokens for each registration through his link. However, maximum number of coins that can be earned this way is 400. In other words, a user can invite not more than 80 friends.
One of the most enjoyable ways to obtain coins is to start personal online broadcast, upload videos or music tracks. Moreover, one can upload personal videos that have been previously uploaded to other media resources. Thus, by participating in a partnership program on YouTube and uploading videos to Current, a user will be earning money on both resources at the same time.
The most profitable way to have earnings is placing advertisement videos on personal channel. This way you will do good for yourself and for the advertiser by saying a couple of nice about his products or services. That is the advertisement will be aimed at the audience that is interested in the product being advertised.

ICO dates and details

This project’s ICO is over as the hard cap in the amount of 36 million dollars was reached earlier than planned. This ICO was supposed to be held from March 14 through April 4, 2018.
Overall amount of the tokens released was 1 billion, of which 350 million CRNC tokens were sold during ICO. Cost of 1 coin was 0.24 dollar while minimal volume of investment was 0.03 ETH.
CRNC price will grow with the increase of the number of new users and posting new content.

Current application

Project Current has a turnkey application for smartphones functioning on iOS operational system. An application for Android will soon be released. The best thing about this application is that it is totally free.

At present, users can find in it over 160 million tracks and over 1 billion videos from such resources as:

  • Spotify;
  • YouTube;
  • Soundcloud;
  • 8tracks;
  • Facebook;
  • Instagram.

Nowadays, over 200 thousand customers use the application. Over 250 people have rated this application. Average rate is 4.5.

Conclusions

Project Current is rather appealing for investment. It is primarily related to the fact that popularity of media resources grows every day; the audience continues to expand too. Therefore, the project may become popular with over 1 million users in near future, which will have positive effect on the price of coins.
The reasons why this project is trustworthy are as follows:

  • available turnkey or fully-functional application;
  • fast hard cap collection;
  • use of topical idea for modern society.

The site and all the documentation can be found at the links below:
Site | Whitepaper | Telegram | ANN Thread

Links to my accounts:
/ Twitter / Telegram / Facebook / Bitcointalk / Mail - [email protected] /

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nice post @nikitaneos

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good project!