The Future Of The Current Ecosystem
The current ecosystem is a combination of many things evolved previously with both in chain and off chain solutions to accommodate shifting market position in the blockchain technology and crypto industry. The user creates a personal profile and content recommendation across the network in media platform globally. The current protocol and token will bring new revenues and mechanisms which will be inaugurated within the present platform and later made available for the users to have a grip on their applications.
Scale: A Universal Media Protocol and Token Introduction
The second phase is to concentrate on building the protocol and a token that adjusts media consumption cycle which include shifting useful things from advertisers to the users who are playing and creating the current media .The protocol builds a relationship with external networks. This allows the external network to get innovate mechanism and better revenues . The protocol records all the transactions that test the users involvement.
Traction: A Universal Media Platform
During this phase current takes content from the third party network which provide enough amount of media to increase and meet the expectations of users which can be youtube, soundcloud ,internet radio etc. At this level the main aim was to find that either the product has a market value or not and is it beneficial to create a strong base for the product. Over 200,000 people are using current to listen watch and interact with media which include 300 million songs and about 1 billion videos.
Blockchain technology is growing fastly and is adjusting to market needs. The token, platform and the protocol is continuing to grasp the advancement in the technologies to increase the number of participant. Three ways in which this is being done is through collaboration with media, current protocol is being branched to identify the available market and further sub-tokens are created. Particular consideration is taken into creating new sub-tokens , individual exchange rates, internal dynamics all play an important part. All these considerations need to be taken into account in order to create a protocol and ecosystem for media platforms to exist.
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