There’s no doubt about it - we all love listening to music. However, did you ever stop and think about the evolution of the music industry (and the technology that is behind it)? Do you remember cassettes or CDs? Or the classic vinyl albums? If you are part of the Millenials, you probably do, even though you most definitely stopped owning and using them to listen to music. And if you are part of Generation Z...well, then you probably don’t even know what we are talking about, right? Nevertheless, you are spending more and more time on your mobile devices - listening to music, playing music videos, or consuming all sorts of other media content. Reports show that younger generations spend up to 5 hours (or more) per day, using their smartphones and tablets. Besides texting or making phone calls, people mostly use their mobile devices for multimedia content - regardless we are talking about podcasts, audiobooks, movies, videos, music, tv shows, radios, etc.
However, having access to all this varied content is not that easy as we’d wish - for example, we are required to subscribe to multiple online platforms, to join different social media sites or install various apps. Some of them are not available worldwide, some of them play only a type of content, while some of them are not updated with the most popular content. How can all these problems be fixed so we can get a better experience, as users?
Discover Current - a blockchain multimedia ecosystem
This new project allows users from all over the world to search, save and browse media content from YouTube, SoundCloud, Twitter, Facebook, Deezer, Vudu, Hulu, TuneIn, by using a single app - Current.
Moreover, the platform offers different rewards to the individuals that use it, in accordance with the information they share about themselves, the time they spend in the app streaming media, ads watched.
Users and curators gain benefits
But users are not the only segment that benefits from the platform. Curators play a vital role in the network and also get a different form of compensation for their work.
These members of the platform have a specific work - they sift through and select suitable media content and add it to themed playlists or channels (or curate playlists/channels already available to the public). By doing so, they provide a better experience for users and thus improve the accuracy of the recommendations that are automatically made by Current. And unlike on other media platform, here, on Current, curators receive income.
What kind of rewards is given to curators, for their hard work in finding and selecting the content that users would enjoy? They get a 20% share of tokens, as stakeholders (along with consumers, creators, and referrers). Earlier, we mentioned that Current is built on the blockchain - and this is what makes it unique and allows all participants in this ecosystem to gain currency. CRNC - the Current utility token, a tool that is designed to have multiple roles inside the platform.
Current is leveraging the global daily habit of media consumption to accelerate token adoption (and the use of cryptocurrency in the mainstream).
Learn more about the CRNC token and the benefits of joining the platform at https://tokensale.current.us, Telegram, ANN Thread, BOUNTY Thread