ListERN Audio: You Earn When You Listen
The Listern Audio Platform is a sound sharing platform where listeners can earn by just simply listening to the sound contents uploaded by the users, composers and publishers. It supports songs, voice clips, podcasts, audio books etc. and will enable its viewers, advertisers and publishers to create, share and listen to audio while earning tokens. The reward system is recorded directly to the blockchain so that there is an even distribution of rewards for viewers, publishers and advertisers. It is the ERN’s pocket device miner – the Mindé Pocket Miner that does the proof-of-work. It means that it is the one that validates if there is a qualified transaction to be rewarded; because of the proof-of-work system, the ERN ecosystem is secured.
Proof of Work Concept
For the ERN's ecosystem to accomplish its proof of work concept there will be two components needed – The Pocket Miner Hardware and the ERN Mining application.
The ERN team is developing a pocket miner device that will provide an important role in validating the proof-of-work concept of the blockchain to do the verification and validation of transactions within the ecosystem. The device will generate a hash for a “block” transaction to become valid. This will also maintain the safety and security of the ERN environment.
The ERN Mining app will be set within the pocket miner's system and this application is responsible for the device to connect to the network and validate transactions. The ERN Mining Aapplication will also be available to other mobile devices so that they too can participate in securing ERN's blockchain and also earn mining incentives.
Mindé Pocket Miner
Mindé Pocket Miner, aside from being a small mining device, is like a mobile phone. It has a built-in microSD card, camera and is touchscreen. Its battery can serve as a powerbank, it has WiFi and Bluetooth connectivity too. You can also access the ERNPay digital wallet and pay for your purchases with just a touch. This gadget will become your everyday companion that will give you the chance to earn ERN tokens.
Monetization Services
When content creators need funding, there is a “Marketplace” in Listern Audio Platform where everyone in the platform can offer donations as “sponsors” to help them finance their project by using ERN token. If the creator's project becomes a “hit” or popular in the marketplace, the sponsor will also get a share of ERN rewards from the creator. The creator will also decide how much percentage of profit will be offered to the sponsor during its fundraising stage. This will attract more sponsors to fund the project.
Also, if anyone shares an audio content within their community network, listeners or platform users will receive additional ERN token rewards as a profit share incentive. This is given to them for contributing to the platform. The platform user should watch 5 newly uploaded content after the sharing the content to completely receive the incentive. However, this incentive program is exclusive only for early members of Listern community.
Token Sale Details
Ongoing ICO: 25 Jun 2018 - 30 Jul 2018
Available tokens: 50%
Price: $0.09
Platform: Ethereum
Soft Cap: $11,000,000
Hard Cap: $25,000,000
Location: UK
For more information and details on the project, find them by visiting their official website or reading their whitepaper. Be updated as to the current events happening during the ICO by visiting their social media pages.
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=4420842
Website: https://www.erntoken.com/
Whitepaper: https://www.erntoken.com/wp-content/uploads/2018/06/WhitePaper-2.pdf
Telegram: https://t.me/erntoken
Facebook: https://www.facebook.com/erntokenofficial
Twitter: https://twitter.com/erntoken
Author: Instaco
Author Link: https://bitcointalk.org/index.php?action=profile;u=2050406