Overview of WHITE RABBIT

alihasangoto (25)in #bitcoin • 6 years ago

WHITE RABBIT

White Rabbit is a plug-in for the browser, the purpose of which will allow to look legally at any movies or series available on the web.
White Rabbit offers a tested p2p system based on blockchain technology that will allow users to access any content worldwide.

White Rabbit is an application for the browser, providing an unobstructed flow for users. The plugin recognizes streaming content and allows users to offer White Rabbit (WRT) markers to the content rights holder (CRH). CRH accepts a token, entering into a clever contract with White Rabbit. After that, CRH does not require additional actions to receive payments for future flows. The process is now automated. After accepting tokens, users can continue to send content, and the original version of high quality from CRH becomes available in Rabbit Hole. A high-quality version is available to the user at any time. White Rabbit along with Rabbit Hole is a powerful tool for CRH, allowing them to monetize, manage and develop IP rights.

White Rabbit token (WRT) works as follows:

Users purchase WRT during the sale of the marker or through exchanges.
Users transmit content from P2Pstreaming sites or open servers.
A smart contract distributes rewards from streaming content between CRH (75%), White Rabbit (15%) and White
Rabbit PSS (10%). Registered non-PSS receive 5% of revenue, the remaining 5% - WR.
CRH can exchange WRT for crypto currency, which makes it possible to convert to FIAT.

Presale: November 27, 2017

Sales of the tokens: 1st quarter 2018 -30 days sale

Soft cover: 5000 ETH

Average target: 12,500 ETH

Hard cover: 25,000 ETH

Price of the Token on ICO WRT - TBA

The competition is aimed at making it easier for users to find films they like. Eight sites based on their user interface, search or branding will be selected to get $ 100,000. The sites must fulfill and accept the White Rabbit criteria and fulfill their promises before receiving the funds. Two sites will receive an additional $ 100,000 based on the number of users, and the other on the choice of the jury.

The market flow in 2016 was $ 29.4 billion. At the same time, 206 million users are projected to double to $ 65 billion by 2010 from 383 million users.