Benefits Of The White Rabbit Token

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Everyone knows payable content has been a bone of contention for decades, which is why most fans have had to break laws to obtain their favorite series whilst costing the content rights holders dearly. To fix this age-old issue is a platform called White Rabbit. The following below states just how beneficial the platform can be.

White Rabbit Tokens- What are they?

White Rabbit Tokens (WRT) also called ERC20 tokens are the primary payment exchange currency processed during transactions between right holders of content and users by White Rabbit. Consumers can buy WRT by way of token sales and exchanges.

Consumers use P2P sites to stream content, or open servers can directly reward CRH for the content consumed. This is done through the sending of WRT via smart contract to accrue for the CRH, rewards. In the event of WR not having an agreement with a CRH, a legal avenue of consumption can be created with the acceptance of WRT.

Distribution of White Rabbit Tokens

With smart contracts, content streaming rewards are distributed with 75 percent going to the CRH, White Rabbit receiving 15 percent and White Rabbit PSS receiving 10 percent. Non- PSS that aren't registered instead receive 5 percent with the remainder of the 5 percent sent to WR. CRHs that have no contracts with White Rabbit are eligible to receive bonus WRT, in the event they choose to receive as payment for their content, tokens. This is only applicable for a limited time frame. Once an agreement is signed between White Rabbit and the CRH, no additional action is required to receive rewards from future streams making it seamless.

Ecosystem of WRT

Exchanges within the ecosystem only ever include token holders, third-party developers, streamers, content right holders and White Rabbit. WRT when accepted by CRHs enable fans to consume content in high quality. The stored film or series is available via the Rabbit Hole, which is the WR library. Furthermore, fans can access perks like deleted scenes, snippets and can also to interact with filmmakers.

Benefits of WRT

The series and film industry have over the years prevented direct interaction between filmmakers and the fans that love their films. This barrier has always been there since there since the advent of the DVDs. In this modern digital age, it has also remained so as consumers have to purchase numerous subscriptions that more than most don't offer the freedom to select whatever content they desire at their convenience.

White Rabbit’s main aim is to offer a wider range of content whilst making accessibility more seamless. Fans are now able to consume more worldwide series and films, whilst also having the chance to communicate directly with filmmakers. This translates to fans having a clearer and direct access to content and products alike. The team behind White Rabbit hope WRT is the key that is finally able to, in the digital age enforce intellectual property rights.

Conclusion

To learn more about the White Rabbit token and how to purchase it, pay a visit to their website at https://whiterabbit.one/.