PR: Blockchain Enabled Streaming Ecosystem White Rabbit Partners with Media Production Company K5
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OSLO, Scandinavian country — White Rabbit, a blockchain company developing a streaming system that permits users to reward the films and series they stream, on no matter peer-to-peer platform they prefer to stream from, has declared a strategic partnership with K5 International, a subdivision of funding and production company K5 Media cluster, that has made many Oscar-nominated motion photos.
Co-founder of K5 Daniel Baur can be part of White Rabbit’s planning board and supply legal access to over fifty films in K5’s library.
The details of the deal square measure unrevealed.
“I are actively looking the blockchain house for over a year, trying to find firms which will have a colossal impact on the screenland,” Mr. Baur declared. “With White Rabbit, I saw a product that properly integrates blockchain and embraces the present show business and fans during a distinctive manner.”
“Such deals show that the conservative cinema business is turning into curious about innovative technological solutions, which our WRT token can have a awfully tight real-life application,” aforementioned Alan R. Milligan, chief operating officer and co-founder of White Rabbit.
White Rabbit is presently underneath development. Once deployed, it'll act as a browser plugin that acknowledges any form of movies or TV series streamed on-line, and, because of blockchain technology, permits direct and secure payments for aforementioned content to the copyright holders. to boot, all purchased things are unendingly offered to the user during a library referred to as the hollow. All transactions on the platform are established within the native tokens of WRT.
“We’re disrupting the new studios subscription model, to confirm bigger rewards and transparency for producers, talent, investors and fans. we have a tendency to do that by making certain truthful access for films and series, competition in streaming services and variety of content,” Mr. Milligan another.
In addition, White Rabbit has additionally another new technical school executives from Blockchangers, that is one among Europe’s biggest blockchain firms. change of integrity the project square measure Jonas Therkelson as CTO; Jon Ramvi as lead blockchain developer; and Robin Pedersen as full stack developer.
“We square measure improbably excited to possess K5, Daniel Baur and also the Blockchangers team support our mission to confirm a legal, innovative P2P streaming market, giving fans the selection and access they merit and also the business a clear and instant proof model for rights holders, film investors and talent,” Mr. Milligan aforementioned.
White Rabbit’s whitelist registration for its token sale is presently open. The project intends to issue its player (minimum viable product) within the second quarter of 2018. A wire cluster for potential contributors is additionally offered.
ABOUT K5
K5 has been in the vanguard for many years. The company launched freeX in 1993, the first ever German script development agency; founded K5 Film, a production company with a studio-like package deal with Bavaria Film; and established the digital content company Nowtilus, which became the German market leader in only three years before selling the company to Rovi. The company is developing a mobile AR game based on the world Andrew Niccol created in ANON, ultimately to be played on a PlayStation and going full VR.