Current Media – The All-In-One Platform That Rewards Users For Sharing Media Consumption Data
Today, we are all aware of the amount of time people spend each day on their devices. We use it to socialize, catch up with people's lives, buy things, listen to our favorite music, watch movies and so on. More than being just a simple distraction to enjoy ourselves, the media networks are also widely used in the workplace. An interesting report by Evan Asano (founder of Mediakix) showed that the total time a person spends on media networks beats the time spent on daily activities like eating, drinking, socializing or grooming.
All the time you spend on your device daily consuming media can now be more valuable with Current. You might like listening to your favorite music on Spotify or watching videos on YouTube. But how would you like being rewarded while using your favorite media networks?
What is Current?
Current is a blockchain enabled multimedia platform launched in February 2018, that empowers the new generation of media streamers. The platform collects the most popular media networks like YouTube, Facebook, Soundcloud, Twitter in just one place. Their aim is to provide the best consumption experience, while users are being rewarded for their time, data and attention given to the platform.
What makes Current attractive and simple to use?
- Search Simpler – it offers a more convenient discovery experience: swipe between all networks and get results within a few seconds
- More relevant – it offers a deeper background of content and related topics and trends
- Follow once – you can follow all the updates of topics from all networks by tapping one button in one place
- Updated daily – always see the latest updates of your favorite artists
Current can be used by everyone
What makes Current more easy and enjoyable to use is the fact that you don’t need any prior knowledge in blockchain technology, cryptocurrency holdings and you don’t have to change your current habit in using networks as you will be rewarded according to what you’re already using.
Tokens
Within Current, the primary currency will be the tokens, which are called CRNC and pronounced „currency”. Tokens can be spent in two key ways. First of all, consumers can save money on their existing media subscriptions (for example, Spotify Premium) or even get them for free. Secondly, curators and advertisers can buy ads on the Current platform.
Should consumers be concerned about their privacy?
No, the users should not be concerned about the information shared on the platform because Current gives them choices on how they can consume the media. However, the user is the one who will choose depending on how free they feel to share the information, which determines whether they earn more or less. Therefore, the system allows the customer to determine they own privacy.
Learn more
If you want to find out more information about economics, business model and the technology behind CRNC, visit the official website at https://tokensale.current.us/. By downloading their whitepaper at https://cdn.current.us/whitepaper.pdf you will be provided with a more complex perspective of the Current platform. Finally, you can also find the answers for some of the frequently asked questions in the FAQ section https://tokensale.current.us/faq.html.
I feel like the blockchain technology that keep evolving and coming to light is going to become the norm. It's kind of like when smartphones came out. Not everyone was willing to use them and some generations absolutely refused to get involved. The whole old dog new trick problem. But here we are now and grandparents are connecting with families through their smart devices and the majority of the population is well versed. It was the same with facebook and many other new tech as it becomes more mainstream.
Blockchain technology will be no different. As the internet changes and the way that people conduct business and interact socially changes the technology will at some point render the current systems obsolete. It's like the old 8 track cartridge to the cassette tape to the CD to the MP3. Tech will evolve and get more efficient and better and the masses will follow. I'm glad that at this point I am getting in at the front end.
Very informative....pls upvote my post here thanks
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That's so true. We people spend alot of time on media than eating or doing other activities .
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I had no idea about the Current Media Project but now thanks to you I have some background and will watch the development. Highly interesting!