ICO CRUSH

  • Project name: Current Media
  • Token symbol: CRNC
  • Website: https://current.us/
  • White paper: https://cdn.current.us/whitepaper.pdf
  • Hard cap: $36 million (ICO participants receive 35% of total token supply)
  • Conversion rate: 1 CRNC = $0.24
  • Maximum market cap at ICO on a fully diluted basis: $103 million
  • Bonus structure: up to 45% bonus for private sale, public presale bonus TBA
  • Presale or white list: Public presale starts from February 7 to February 21, 2018. Sign up for presale here. Whitelist for main token sale released no later than February 25, 2018.
  • ERC-20 Token: Yes
  • Countries excluded: TBA
  • Timeline: Public presale runs February 7 – 21, 2018. Main sale runs March 14 – April 4, 2018. The company has mentioned that due to high interest, these dates are likely subject to change. (Please refer to Current's website for the most up to date information)
  • Token distribution date: Within one month of the token sale (April/May)
  • Project Overview

    What does the company/project do?
    Current is a mobile app that consolidates several multimedia networks into one application, allowing users to enjoy the content of different networks (Spotify, YouTube, Soundcloud, etc.) in one app.

    Users are able to search and link Spotify, YouTube, Facebook, Twitter, and SoundCloud accounts all at the same place, and make playlists and channels for specific artists, genres, or other interests.

    Users are also able to record radio and videos to play offline, which is generally unavailable without a premium subscription on other applications.

    Here is an introductory video of Current (video is 0:52 long):
  • How advanced is the project?
    Current’s application is already on the App Store. They claim to have over 200,000 users already, and plan to fully launch blockchain integration in Q3 of this year.

    According to AppAnnie, Current App was released in March 2017. It has reached top 100 Apps within the App Store in 6 countries (Australia, United Kingdom, Seychelles, Dominica, New Zealand, and Canada).

    Below is the active user data for the app:
  • Here is a summary of their roadmap:

    Q2 2018
    • Video Integrations with Netflix and Hulu
    • Launch Offline Video Recording
    Q3 2018
    • Launch Blockchain Attribution v1.0 (CRNC Integration)
    • Launch Android Platform
    Q4 2018
    • Expand Operating Systems, Launch iPad and SmartTV platforms
    Q1 2019
    • Launch Blockchain Attribution v1.2, which allows any network to integrate with the CRNC Protocol
    Q4 2019
    • Launch Current Ad Platform

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