Overview: ICO & Bounty Current

The platform provides a convenient and thorough process of finding and detecting media by combining disparate content sources in one place. In addition to reducing the number of applications needed to play music, videos, podcasts, etc., the platform has more data points about the types, times and media objects that the user experiences and can generate recommendations better than any single network. at the moment, eight integrations are available to integrate more services, which host podcasts, audiobooks, television shows and movies. Current Creates a digital token that rewards the person's time, spent money and data that is used during streaming media playback. This token can be used to purchase a wide range of products, services and intra-platform advertising. By combining popular media networks in one place, Current already provides more than 200,000 users with more convenient search and discovery. With the launch of the platform token, users will be rewarded for streaming content from their favorite networks such as: Spotify, YouTube, SoundCloud, etc. The platform integrates behavioral data points related to the types, times and themes that each network plays to serve better recommendations than any single network.

Benefits

1. Unlike conventional content networks (social networks), such as YouTube or Spotify, which are limited to content hosted on their platform, Current can access content libraries from several services via APIs. The API is a set of subroutines, protocols and tools that control the interaction of software components.
2. Preservation of the Current culture is integrated with external media networks to meet the demand for popular media, available only in proprietary networks. Using third-party libraries provides Current with unprecedented flexibility to add or remove libraries, as they fluctuate in popularity. .
3. Reducing Barriers to Ownership One of the strongest attributes of CRNC is its availability and direct impact on users. Most exchanges and crypto-protected services require a long registration process, some form of investment or equipment for development. Current allows users to immediately start CRNC tokens without any barriers to logging in. Another problem that hinders the emergence of new participants in the market is the legibility of the application. Ripple, Tezos and many other blocking protocols have very complex solutions that require a certain technical literacy and do not have a wider relativity. Thanks to our hybrid approach, we can ensure widespread adoption, using the existing audience and everyday streaming media habits, thanks to a simple user interface and integration of wallets, eliminating all the technical difficulties associated with the adoption of cryptothermine. Finally, another barrier to entry revolves around accountability. Many token sales are based on theoretical principles without any product on the market.
4. Recommendations In this patented algorithm, the recommendations use both content-based filtering and co-filtering to determine what media users are most interested in. Using machine learning and neural networks, our algorithm will independently modify and modify gradually, based on the relational information it defines.

Purpose of the Protocol

The main purpose of the protocol is to develop on the basis of acceptance on the market and, therefore, will gradually expand. The initial function of the protocol is to reward participants in the consumption cycle in three stages:

check the initializer;
calculate the value of the action on the network and
calculate the corresponding award for the token to distribute to investors. From the very beginning, the current will have a main initializer, which is triggered by consumption for more than 30 seconds of playback (consumption is also referred to as "mining" in the current document).
Benefit

• For the consumer
• For the curator 
• For creators
• For referrals 
• For the pool

Advantages in Media Landscape

Despite the fact that there are certainly other companies in the media and social landscape that use capitalist technology, Current includes a much wider range of content offers, using our hybrid approach than any company in the same market can offer.


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