Many of us are part of at least one or two major social media where we engage in activities such as posting pictures, texts, watching videos, listening to audios, watching adverts and etcetera. Millions of people make use of these social media everyday making it the most favourable medium for advertising products and thereby making people with products to deliver and the platform developers the major beneficiaries. The question is how about the numerous people who use these platforms. What do they stand to benefit?
ERN Project is here for us all. ERN Token is ERC20 supported wallet, however, they will make a transition to their own blockchain called Trek. It is on the Trek blockchain that the ERN team will introduce an audio platform called Listern Audio Platform (LAP) where songs, audio books, podcast and the like will be shared.
Members of this audio ecosystem including audio publishers, advertisers, and viewers/listeners get the chance to earn ERN tokens when they create, share and listen to audios. The community members get to help audio content creators that need funding for their projects by making donations to sponsor their projects and in turn the sponsors get a share of ERN rewards if the projects become popular.
The LAP aims to create a balanced ecosystem where revenue generated is distributed among its community (creators, advertisers and viewers) using the blockchainn technology.
The ERN Project team will develop a sound sharing platform called Listern. Creators down to listeners will receive rewards from being part of the Listern Platform ecosystem. As an audio platform, it supports a lot of different kind of audio even audio books and podcasts which is popular these days.
Decentralize rewards system is one of the enticing features of Listern. The platform allows and oversees transactions and rewards via ERN token. Qualified transactions are ensured by validating it with the help of Mindé Pocket Miner which is the device that does the proof of work.
Other than Mindé Pocket Miner, an ERNPay Wallet is also going to be introduced. Just like other e-wallets, ERNPay Wallet will handle the rewards to be received by the platform users.ERN's Listern Audio Platform allows creators to publish their audio contents for listeners to enjoy but at the same time, their audio contents can attract sponsors and advertisers.
Creators can earn rewards from the platform alone but they can receive more ERN from sponsors who will support their content creation. Additional ERN tokens can be acquired by the creators who will have advertiser placing advertisements in their content. But creators are not just limited to just receiving these rewards, creators could boost the popularity of their content by paying ERN.
With this boost payment, 90% will go to the listeners and 5% will go to the pool of rewards but most importantly creator's content can get the chance to get more popular.
As stated earlier, Creators receives ERN from sponsors. Sponsors fund creator's project, believing that it's going to be a great audio content. In the Listern platform, it has its own marketplace where sponsors can browse and decide where to provide their funds and help creators.
Their help will be rewarded with ERN tokens once the creator's content becomes popular. Other than the ERN reward given to sponsors by Listern, creators can give thanks to their future sponsors for their trust in varying degrees.
Creators are allowed to set a certain percentage of profit for sponsors in their project making it more attractive. Creators, then, will have to be great in presenting a reasonable offer.
The ERN token sale details are as follows:
Supply: 1 Billion
Hard cap: $25M
Soft cap: $10M
ERN is a unique modern blockchain-based social network where you can earn rewards for completing small tasks on the Internet. For example, you can respond to emails, contribute your expert response to the team, or contact major technical managers.
You can also earn tokens for checking other users, enrolling new people to the platform, or even installing a mobile app Earn.com for iOS or Android.Today, large companies are bombarded with thousands of emails a day.
It is difficult to make sense of noise to connect with people who can provide real value. Earn around this challenge by allowing influential players to charge a certain amount of tokens per email response. Anyone can pay this price to get a response from the CEO.