Current — Get Paid To Play All Your Media

Introduction:
Media are everywhere. Media exists in different kind of forms such as in photos, music, audiobooks, but also videos. Avoiding them nowadays is almost impossible. I’m pretty sure, almost everyone of you at least are using and streaming one of the following media actively: Youtube, Spotify, Soundcloud, Podcasts, Audiobooks or Radio? At least for me, most of them apply and I use quite all of them almost daily, because I enjoy using and streaming them. Until today, I’m not getting paid for streaming the media, on the other hand I even have to pay for some of the services I use, like Spotify Premium or for movies I like to watch.
With an upcoming project, called “Current”, you will be getting paid for enjoying your media.
In this article I want to introduce to you what the project “Current” is, how it works and how you can participate in this project.

What is Current?
Current wants to become the next generation of media streaming. They are building an incentivized, blockchain-enabled streaming ecosystem that lets you choose how to stream and pay for your media. There are three main objects about the ecosystem of Current, which you need to know about:

1 Current is a platform: Current will gather all the relevant, popular and high quality content from the most popular media networks in in one place. Current offers with their platform a personal media experience.

2 A Protocol: With the protocal, active participants will be rewarded for streaming, ad impressions and personal data shared. The protocol will also be open for developers and third-party providers to utilize.

3 A Token: Current will use the “CRNC” tokens, also called “Currency” as their own cryptocurrency in their ecosystem. This utility token will be used as rewards and can be redeemed for example to cut of premium subscription costs or allow purchases.

What are the benefits of Current?

1 Anyone can participate and earn CRNC just by streaming their favorite media content he or she enjoys

2 CRNC can immediately used to pay for premium subscriptions or other payments on the platform

3 Current is easy accessible and will have all your favorite media in one place, without the need to switch to different websites

4 Current is user friendly and will guide every newcomer to their first digital wallet. Therefore users don’t require to have any prior knowledge about the blockchain technology.

Short video summary:

I highly can recommend watching this short official video by Current, where basic functions of Current are shortly, but very easy to understand described. Take a look:

CRNC-Token:
As mentioned above already, CRNC-tokens will be the official currency used on the current platform. The CRNC tokens are based on the ethereum blockchain, which most of current blockchain projects are based on.
In total there are 1.000.000.000 tokens available, with only 35%, meaning 350.000.000 available for the token sale.

The token allocation will be as followed:

The funds will be used for the following:

How to obtain CRNC tokens?
As of today (7th february 2018), Current just announced today, that they have reached their hardcap of 36 million USD already in the private sales. Therefore there won’t be a public sale anymore. But other than that there are still plenty of good ways to obtain tokens. Either by joining the telegram group where currently there is a good airdrop program running with a 4 million USD reward, or tokens will be available on different cryptocurrency exchanges soon. Also I think that tokens will be given away on their platform later on, so join the group and stay tuned.

The team:

Take a look at the team behind this project. The team is quite young and dynamic, but due to their great variety of knowledge, each one of the team member is quite talented and experienced in his/her working field. You can check out each team members linked profile, if you visit their official website. I’ll provide the link below:

Advisors and investors:
Good projects not only need a good project idea and a good team to be successfull, but they also need great advisors and investors. When you take a look at the advisors and investors, not only you can see that all of them have good reputation, but are also famous. One of them, who directly made me think that the project might be good is seeing Mark Cuban on the advisor list. He is not only a great investor and entrepreneur, but also is famous as beeing an owner of the NBA basketball team “Dallas Mavericks”.

Roadmap:
What I really like about Current is, that they have a very informative and detailed roadmap. Roadmaps are important to keep track on the progress of the project and by setting goals, the team is very determined to reach their them. Current has completed successfully already their first phase and are currently in the middle of their second phase. In my opinion positive is that they have divided their roadmap into 3 categories, namely Protocol, Platform and Operations, which offers overall a better overview of the whole roadmap. What maybe could have been done better is a more colorful tone to the roadmap, but those are just small things I would have done maybe done better.
To summarize their roadmap shortly: Current is on track and have reached all their goals so far with a huge success. Still there are alot of features and improvements to be done, which hopefully will be implemented soon already according to their roadmap.

My opinion:
Since I’m using and streaming media almost daily, I highly am impressed by the Current project. The project overall looks very promising to me. Especially the team, but also their advisors with having Mark Cuban on board is a hint for me, that Current will be the next generation of media streaming for sure. I also like the idea to have all my personal relevant media in one place to use, without needing to switch to all different kinds.
I will definitely keep an eye on this project and hope, that I soon can try it out. Overall I can highly recommend to take a look at this project. For me it’s one of the hottest blockchain projects in 2018.
Let me know your opinion about this project in the comments. For any questions, also feel free to ask!