WHITE RABBIT: THE NEXT GENERATION
Do you think all the people who are watching pirated movies or TV shows can't afford to watch original content? No. Absolutely not. Many people who watch the pirated content are fans of popular actors, actresses, directors or producers. As they wish to watch the movies or TV shows immediately after its release, they are going for the pirated version as the original version will be available only after a long time.
WHAT IS WHITE RABBIT
White Rabbit is a blockchain based smart contract solution engineered to expand the way content (film and series included) is watched, distributed, and paid for. White Rabbit in its capacity as a browser plug-in, offers a wholly novel opportunity, as it allows users the ability to watch content freely on any open streaming service, or make a payment which is instantaneously available to the rights holders, all using one payment, one login system. Included is a revenue sharing platform with streaming services, thereby forming a universally competitive streaming content market?The White Rabbit team aims to hold a contribution campaign starting November 27th to help fund additional development of the software .
PROBLEMS OF THE CURRENT WORLD
The vast majority of filmmakers understand in what a difficult situation the film industry. They are afraid of approaching the “iceberg” and trying of course to do something.
Many see the opportunity to at least try to improve the state of the industry by reducing the share received by distributors, i.e. cinemas.6 of the 7 major Hollywood studios: Fox, Paramount, Lionsgate, Sony, Warner Bros. and Universal now are in intensive talks on future relations with the big cinema chains like Regal and AMC.
How to find a solution that is beneficial to all the people involved in filmmaking like producers, directors, artists etc? White Rabbit is developing an innovative streaming platform based on the blockchain technology that gives equal importance to all people involved in filmmaking. Unlike the streaming subscription services like Amazon, Hulu or Netflix which does not give importance to user's streaming habits, White Rabbit allows the users to pay only for the content they watch. The users can communicate directly with the content right holders (CRH) to get access to the content they like. So, there is no need for the users to watch boring content as they are not paying any fixed subscription fee.
ABOUT
White Rabbit
is an application for browsers, providing uninterrupted flow for users. The plugin recognizes streaming content and lets users offer a White Rabbit (WRT) mark to the rights holder (CRH). CRH received a sign, signed a smart contract with White Rabbit. Thereafter, CRH requires no additional measures to receive payments for future flows. The process is now automatic. Upon receiving the token, users can continue to post content, and the high-quality, original version of CRH is available in Rabbit Hole. High quality versions are available to users anytime. The White Rabbit along with Rabbit Hole is a great tool for CRH, which allows them to monetize, manage and develop IP rights.
White Rabbit token (WRT) works as follows:
1) The user buys WRT during the sale of the marker or through exchange.
2) The user submits content from the P2Pstreaming site or opens the server.
3) Smart contracts share awards from streaming content between CRH (75%), White Rabbit (15%) and White Rabbit PSS (10%). Registered non-PSS received 5% of revenue, the remaining 5% - WR
.4) CRH can exchange WRT for crypto currency, which allows to be converted to FIAT.
- Presale: November 27, 2017
- Token sales: 1 quarter 2018 -30 day sales
- Soft cover: 5000 ETH
- Target average: 12,500 ETH
- Hard cover: 25,000 ET
- Price Token in ICO WRT - TBA
This competition aims to make it easier for users to find movies they like. Eight sites based on their user interface, search and branding will be selected to earn $ 100,000. The site must meet and accept White Rabbit criteria and fulfill their promise before accepting the funds. Two sites will receive an additional $ 100,000 based on the number of users, and others choose a jury.
The market flow in 2016 is $ 29.4 billion. At the same time, 206 million users are projected to double to $ 65 billion in 2010 from 383 million users.
The transformation of the movie industry that they can bring will change the way we view entertainment.
Join ICO today and bring it to the fingertips of the best blockbusters and movies awaited and watched at the touch of a button. Welcome to a truly decentralized era of digital entertainment
For more information, please visit some of the following Links:
- Website: https://whiterabbit.one/
- Whitepaper: https://whiterabbit.one/docs/White_Rabbit-White_Paper_v1.0.pdf
- Facebook: https://fb.me/WRJumpIn
- Twitter: https://twitter.com/WRJumpIn
- Telegram: https://t.me/jumpin
- Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1082634