Discussing a new blockchain project: Current
Netizens spend a lot of time browsing through different medias online, be it for news, entertainment etc. For the users there might be gain in information or pleasure through entertainment channels but they have no monetary gain.
What is Current?
Current is a media platform which brings popular media networks to a single platform and tokenise user interactions like watching media channels, data shared etc.
How does it solve?
Current aims to change the way netizens interact with the media available online by tokenising the time they spend on browsing media, data created etc. Suppose you are watching your favourite Youtuber on Youtube, listening to podcasts on SoundCloud and more you can gain CRNC tokens for doing so. These CRNC tokens can be exchanged for fiat currencies at online exchanges. They are bringing all the popular media networks on to one platform and tokenising the ecosystem. Apart from this, they have many ways to incentivise their platform like in-app purchases of services, advertising etc which is mentioned in their whitepaper.
Team, Advisors & Investors
They are having an experienced team having experience in media and IT industries who have been early investors in blockchain technology.
Their "Advisor and Investors" team consists of Mark Cuban, Galia Benartzi, Eyal Hetzog, Eric Gravengaard, Grave Hoover, John Wise and many other impressive people who have founded impressive companies. This team is real gold in my opinion. Check out the team here.
Token metrics
The total token supply is fixed to 1 billion CRNC tokens. The token supply is distributed as follows:
35% - Mining rewards
35% - Token sale
12% - Team
10% - Community growth and Strategic partners
5% - Advisors
3% - Current Foundation
You can see that they have allocated a portion of 10% of the token supply for community growth through bounties, airdrops, referral programs and advertising. This is heavy investment on advertising their product. They have heavily incentivised for adoption of their product by giving small amount of free CRNC tokens to users who do not have cryptocurrency.
Check their telegram group for updates on airdrops, referral programs and bounties.
Join referral program here. Join their telegram group here.
Social media presence
There heavy advertising investment has paid off. On Telegram they have reached 70,000+ followers and increasing at a very fast pace. On twitter, they have 661K followers which is insane. Mark Cuban backing this project has created a lot of hype.
They have presented themselves via Youtube and many other media outlets. Check them out here.
Roadmap
Currently they are done with the "Launch current platform" and "Wallet & Protocol development" milestones. They have planned increase video/audio integrations by Q2 2018, launch attribution protocol by Q3 2018 and implement decentralised protocol and identity profiles by Q1 2019.
The roadmap seems realistic and achievable. They have already launched a working app with a wallet.
Conclusion
They have no public sale. They have no public sale and have raised $36M from private investors.
This is a project of good potential with the idea of tokenising every day actvities of a netizen.
DISCLAIMER: Please do read the whitepaper, join the telegram channel and do your research before investing as ICO investing involves high risk. I shall not be deemed liable for any profits or losses. Thank you!
My bitcoin talk profile: https://bitcointalk.org/index.php?action=profile;u=1330116