THE ERN PROJECT
PREAMBLE
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, ERN, a unique modern social network on the blockchain, where you can receive rewards for performing small tasks on the Internet has arrived.
And also Introducing Listern Platform, a revolutionary audio platform that supports songs, voice clips, podcasts, audio books, etc. Listern uses Blockchain technology for an even distribution of revenues as rewards between advertisers, viewers, and publishers. The Listern audio sharing platform offers a new ecosystem that empowers viewers, advertisers, and publishers to create, share, and listen to audios while earning ERN tokens within the ecosystem.
"With all the excitement surrounding blockchain and token economies (tokenization), there is a unique angle and market which receives minimal coverage, helping independent music artists unlock new financing opportunities, without having to sacrifice their ownership rights and contract rights, including control of future royalties to intermediaries and recording companies.
Listeners can access tracks immediately with a click, but it can take years for royalties to reach those responsible for making the music. Smart contracts, implemented on the blockchain via software, could split royalties in agreed proportions as soon as a track is downloaded or streamed. Such micropayments might not be feasible with current systems, but systems built around using cryptocurrencies such as bitcoin could facilitate payments in fractions of pennies."
With that being said, with the help of Blockchain technology, Listern Audio Platform revolutionizes the audio sharing platform by implementing a decentralized rewards system for creators, advertisers, and listeners. The reward system's transaction with ERN Token on the Listern's platform will be recorded directly to a blockchain.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is ERN?
The ERN platform is a revolutionary platform which will have the ability to support songs, video clips, audio clips, and podcasts admit others. This platform will make use of the blockchain technology to implement a decentralized reward system for creators, advertisers and listeners as well.
Well, the current problems in currency production are expensive equipment, energy costs and slow investment. Mobile devices are not used for this purpose, this device is burdening and filling the storage space, which can not be operated. Platform to create billions of dollars from their user content. This revenue does not affect users. Only platforms get the most revenue.
That's why for its flagship product, the ERN project represents a portable smart device. Minde Pocket Miner is the first portable device with the latest developments, support for money apps and mobile apps.
Listern is the latest audio platform, with songs, sound clips, and audiobooks. Listern uses Blockchain technology to provide benefits equally among advertisers, authors, and viewers. The Listern platform offers the latest Ecosystem, enabling viewers, authors, and authors to publish, distribute, and listen to audio, collect ERN in Ecosystems.
Mindé Pocket Miner is an integrated smart device: microSD memory card, interface, camera and battery, which can also be used as a resource. Also Mindé Pocket Miner, will be used as a wallet for crypto currency. Mindé Pocket Miner uses integration and Access for Wi-Fi and Bluetooth.
The ERN Project is slated to hold a private and crowd sale of ERN tokens. Aligned with its vision of providing innovative and state-of-the-art technological solutions to address existing issues crypto enthusiasts face, the funds raised will be used for the development of ERN Project’s Listern Audio Platform and Mindé Pocket Miner.
The Vision
The vision of ERN's ecosystem and its platform is to create a balanced ecosystem between advertisers, listeners/platform users, sponsors, and creators where everyone is happy and earning. This is made possible through the help of blockchain technology and the community where everyone believes that we can take part of this revolution and participate in this era's breakthrough technology.
About The Ecosystem
To create a better ERN Project ecosystem for all, the ERN team will develop its Listern Audio Platform, a blockchain based reward system sound sharing platform where listeners can earn by just simply listening to the sound contents uploaded by the users/composers/publishers to the Listern Platform. The transactions of the reward system will be validated by ERN Miners through ERN's mining device the Mindé Pocket Miner.
About Mindé
As said earlier, Minde Pocket Miner is a unique portable device. Among the main advantages are an integrated microSD card, a touch interface, as well as a camera and a battery. Minde Pocket Miner is a reliable, high-quality device, it can be used as a purse and storage for its tokens, it gives a chance to protect them from fraudsters. Minde Pocket Miner uses technologies that enable seamless integration and support for Wi-Fi and Bluetooth.
Minde pocket miner will allow seamless integration, with a support for Wi-Fi and the presence of a Bluetooth capacity.
The device is a pocket-sized device with an inbuilt micro SDcard, with the presence of a touchscreen interface, a camera, a battery which could as well be used in form of a power bank.
It is a pocket-sized miner’s device.
It will have access to your digital wallet.
The availability of a long-lasting charging.
The presence of a super-fast 4g LTE which will have a Wi-Fi hotspot.
The availability of innovation and design.
ERNPAY AND ITS BLOCKCHAIN COMPONENTS
The presence of an ERNPAY wallet service.
An ERC20 token migration.
The presence of an ERN proof of work concept and mining.
The availability of a listern audio player.
The listern audio player technology will be used within the audio sharing platform.
In order to be able to improve the audio player technology, ERN has the presence of the project team’s checklist which will have an optimized, high-quality experience, and an innovative technology which includes:
A based reward system which is built on the blockchain.
The presence of the latest protocol which will follow a standard that is of high quality.
The integration of a blockchain based reward system.
The presence of a response to mobile and desktop devices.
It will have a lightweight, it is compatible with modern browsers which have no additional installation or plugins.
It will be customizable, easy and as well as easy to use.
Token Sale and ICO Details
The symbol for ERN token is ERN. ERN token is an ERC-20 token released on Ethereum blockchain. With ERN tokens, you can purchase ERN Project’s products and services such as the Mindé Pocket Miner. With only 1B supply and locked-in coins, price manipulations through pumps and dump will be minimized in the future. Also, as with the law of supply and demand, we expect increasing price valuation of ERN tokens over the years because of its limited supply.
Token Details
SYMBOL: ERN
SUPPLY: 1,000,000,000 ERN
ICO: 50% (500M ERN)
DECIMAL PLACES: 8
Next TIER will be the Private Sale at $.0152 per 1 ERN
ICO DATE: JUNE - JULY
Hard Cap: $25,000,000
Soft Cap: $10,000,000
ERN Token has a soft cap of $10M. This amount is required for the ERN Project’s platform, along with its services, to come into full operation. This amount will also play an important role in making the Mindé Pocket Miner come to life. Meanwhile, hard cap is set to $25M to avoid overflow of investors to keep the ecosystem healthy. Overselling once it hits the exchange will also be minimized, avoiding erratic price fluctuations. In the event that hard cap is not reached, all of the remaining tokens will be added to mineable coins.
Token Sale Stages
Distribution of Tokens
The allocation of ERN tokens will be as follows: 500M for Initial Coin Offering, 20M for growth pool/reserve locked for 6 months, 30M for developers, 70M for rewards, 10M for airdrops, 40M for bounties, and 330M for the mining community. It is important to note that 3% of the tokens (30 million) are locked in and allocated to developers until 2020 to avoid price manipulation.
Use of Proceeds
ERN Bonus and Rewards Program
ICO participants, regardless of the number of tokens bought, will automatically be qualified to earn Ethereum as a bonus. The bonus will automatically appear in user’s ERC20 wallet and will be paid in ETH. In as early as seven days, the contributor will earn up to 15% in ETH. Unlike other ICOs that you have to wait, hold, and sell your tokens before you gain profits, ERN token will let you earn as soon as you get your share of its tokens.
ROADMAP
Quarter 2017
Beginning partner cooperation with the development team.
The founders and their first team determine the feasibility of the platform and its ecosystem.
Q1 2018
An additional set of developers.
Marking ideas in PAPER WHITE and other technical and legal documentation.
Write a working concept in technical documentation for the platform of LISTERN Platform and Minde Miner.
The launch of a bonus system development prototype based on LISTERN Audio Sharing (ERC20) to listen to audio files.
Negotiations and partnerships with clients and investors for the ERN project.
Q2 2018
Announcements Airdrop, Whitelisting and Bounty.
White Book completion and publication.
Release bonus system MVP LISTS Audio Plarform Sharing, based on binding chains in ERC20.
Launch website for personal sales, to ICO and Crowdsale.
Private sales.
Pre-Too Token.
Sales Token Crowd.
Q3 2018
Expansion team of engineers.
Product development for Minde Miner.
Blockchain architecture and design for ERN Coin.
Start the user development sound player ERN Platform LIST.
Begin development of ERNPay Wallet services.
Mindé Miner mining application development.
Starting from remuneration testing and earnings in Blockchain.
Launch of LISTERN platform development.
Fill the coins.
Early ERN transfer to stock exchange.
2018 Quarter
Migrating from ERN ERC20 to its own Blockchain.
Issue of MVP service for ERNPay wallet for web application.
Start developing ERNPay wallet for Android and iOS.
Start making Mindé Pocket Miner app.
Q1 2019
MVP release and BlockchainERN testing.
Release MVP in ERN Audio Player.
Release prototype MVP Mindé Miner and its components.
MVP release for ERN Marketplace, CMS, and voice sharing platform.
Inclusion of ad monetization through the ERN platform ecosystem.
Expansion of development teams and consultants.
Q2 2019
Beta Release and ERN Blockchain Test
The beta version of the ERN Audio Player platform.
Release Beta Minde Miner and its components.
Beta released ERN Marketplace, CMS, and its platform sound.
MVP Release for ERNPay iOS and Android.
Q3 2019
Full launch of your own ERN Blockchain.
Full launch of Mindé Pocket.
2020
Improved ERN platform for additional services.
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://www.erntoken.com/
WhitePaper: https://www.erntoken.com/wp-content/uploads/2018/06/WhitePaper-2.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4420842
Telegram: https://t.me/erntoken
Twitter: https://twitter.com/erntoken
Facebook: https://web.facebook.com/erntokenofficial/
Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.