In this week’s update, we’re trying a new format based off of feedback we’ve received from our entire community. From here on out you can expect the weekly updates to be much shorter, with separate, more detailed posts, sprinkled between as needed, including a weekly post for Current’s Curated Content.

This past week, we’ve worked through long nights and weekends to get all of our private backers through to CRNC Portal, launched the protocol in the iOS app to the first 1,000 on the waitlist, invited community members to the Android BETA, and worked to finalize details for distribution after July 30th.

So what’s with July 30th, and… when tokens?

Today, July 30th marks the last day private backers have to log in and confirm their allocations in the CRNC portal. On that date, there’s a bit of back-office work needed to do to organize things for our legal counsel before they give us the blessing to move forward. Private sale backers now have their tokens inside the CRNC portal. Tokens are scheduled to be distributed by August 24th to the designated ETH wallets of our backers. Should it happen sooner, we’ll send out an official announcement via Medium, Telegram, email and through all of our social channels.

In the time leading up to this date, we will publicly publish the audited CRNC token contract.

Tokens are still planned to be distributed locked, which means, they’ll be sent to private backers ETH wallets, but they’ll remain untransferable until they’re unlocked.

Ok…but when will tokens be unlocked? Is there a date set?

This is something we’ve actively been working on behind the scenes with some of the best and brightest advisors involved in Current. Regarding setting a date, we’re planning on making an announcement after our initial distribution. Between the tremendous amount of work that goes into this legally and strategically, the last thing we want to do is unlock the token without everything falling in sync. It’s imperative everything is timed correctly. At the end of the day, we want to unlock the tokens out as soon as possible; however, we’re being cautious in order to protect the interests of the Current ecosystem, our token holders, and our community.

Thats fine but…when Airdrop?

Last week, we officially announced our partnership with CoinList, a significant player in the crypto space, to help facilitate our compliant airdrop. We’ve allocated approximately $6M for up to150,000 people that participated in our airdrop, bounty, and referral campaigns.

The legal details have been finalized, and the CoinList team started working on the portal last week. The whole process takes about 3-weeks to get their portal live. Now that we’re a week in, we have nearly 2-weeks left. Since development work can be a bit of a moving target, we’ll announce when KYC will go out to everyone sometime within the next 2-weeks, once we know more. That said, this process will start in August.

Finally, when is Current going to start marketing more? We haven’t seen much lately.

Simple answer, very soon. Dan has already begun interviews as of last week and even kicked things off with one of the largest media outlets in the USA for an upcoming piece. Dan will officially start his media tour after this week, and our PR team will be pitching for some significant announcements to hit publicly by the end of August, and continue into September.

These last few months we’ve been very focused on product, development and building out the team. The marketing team is one area we’re actively building out, and interviewing some very impressive candidates as we speak. Filling these positions is something that will help us leverage all of the great press coming out this month.

Additionally, we have big plans to vastly improve our social media presence, and engage our community in the weeks leading up to the announcement date and the months to come. Let the ramp up begin! 😃

Can you give us the juicy updates on the product front? When Protocol!?When Android!?

There’s been a lot happening on the product since you heard from us last. Most notably, last week, we released the protocol to the first 1,000 users on the waitlist. With things looking stable, the plan is to increase the frequency of invitations from weekly to daily. A small dent with nearly 300,000 people currently waitlisted, but we wanted to start off slow and will increase that number after every batch from here on out.

The Android BETA has been vastly improved, with BETA invites being sent to everyone on our list. We’ve recently learned that in order to get access to the BETA, the Google Play Store requires a Gmail or a Google Apps email address.

If you would like access, sign up here! For any of those that didn’t sign up with a Gmail or Google Apps email, you can also sign up again here and we’ll get everyone invites as soon as possible.

For everyone else looking for the main release, we’re planning for mid-late August to coincide with the rest of our marketing efforts. Stay tuned for an announcement with a hard date set for this release.

More updates and announcements very soon!

Much love,

The Team @ Current