here I would like to invite and discuss a project, live streaming because this technology uses blockchain to facilitate your payment and the rights holder of the movie so that each share will be fair.
what does blockchain mean?
The blockchain is a technology introduced along with Bitcoin by one or a group calling itself Satoshi Nakamoto which initially used this technology to record the financial transactions of bitcoin.
The simple blockchain is a data structure that can not be changed can only be added only. Each data from this blockchain is connected where if there is a change in one of the data block it will affect the next data.
With this blockchain, every transaction of bitcoin is stored in an Open Ledger (Ledger) which is distributed to bitcoin networks. Each blockchain will be distributed to each computer connected to the network. In each addition of data, there will check whether the data is valid or not which is called termed processor known in other term Proof of work.
White Rabbit has identified 3 major challenges for the film industry and the series we are about to solve.
Challenge 1
Creators receive only a fraction of the revenue from their digital distribution of movies. Too few filmmakers make money from digital distribution because revenue does not have transparency and cash flow sustainability.
Challenge 2
Subscription-based streaming services provide fewer content options as they produce and promote more of their own series and movies.
Challenge 3
Fans are forced to break the law to view their favourite movies or series, unable to afford and stream the desired content from their streaming service of choice.
The Solution
White Rabbit is a browser plug-in that recognizes the content you watch, without forcing you to subscribe to any one site. By separating distribution from payment, White Rabbit offers one payment system, but infinite viewing experiences.
When streaming their favourite movie or series, smart contracts deduct a payment from the users and transfer this immediately to rights holders. Utilizing blockchain technology, rights holders are also ensured complete financial transparency.
Thereby, White Rabbit liberates creators and fans from closed server-based subscription platforms. In its place, White Rabbit delivers unlimited choice in content for fans, incentives for an innovative streaming industry, the sustainable business model for digital distribution and a fair and transparent future for artists, producers and investors.
White Rabbit provides an ecosystem where fans get more content and more access to the movies and moviemakers.
This we call the Rabbit Hole. Each movie may offer its fans exclusive content, behind-the-scenes, deleted scenes, merchandise and more. Only films the user has paid tokens for is available in the Rabbit Hole. This is a unique platform to monetize and engage the fans.
Rabbit Hole (user library)
* Ownership of the highest quality version of the streamed content
* Access to extras (director's cut, deleted, behind-the-scenes, merchandise)
* Interaction between fans and filmmakers (forums; live Q & A, VR cinema screenings)
* Third-party development of services in the rabbit hole ecosystem generating new revenue streams, interaction and buzz around content.
Choice, price and convenience.
- White Rabbit will compete on MORE choice of films and series.
- White Rabbit offers users MORE conveniences to stream from wherever they prefer.
- White Rabbit allows fans to pay rights holders directly so we can offer content at a more reasonable price.
Information about pre-sale and token sale:
Token price: 0.13USD = 1WRT
Hard Cap: US $ 10,000,000
Soft Cap: US $ 2,000,000
Total token supply: 190 000 000
Presale 7-14th of May 14:00 UTC / Token sale: 15th May- 10th June 14:00 UTC
Pre-sale minimum and bonus structure *
5 ETH - 10 ETH = 10% bonus
11 ETH - 20 ETH = 15% bonus
21 ETH + = 20% bonus
Main sale (first 48 hours) *
0.05 ETH - 10 ETH = 5% bonus (minimum commitment may be adjusted pending ETH price)
11 ETH - 20 ETH = 7% bonus
21 ETH + = 10% bonus
May be adjusted if significant fluctuations in ETH / USD.
Q4 2017
- Partner Stream Sites - application rounds
- Legal framework
Q1 2018
- KYC policy preparation
- The whitelist opens
Q2 2018
- Presale
- Sales Token
- MVP is available
- Partner Stream Site - first round partner launched
- Content acquisition announcement
Q3 2018
- Launch Alpha - by invitation
- Partner Stream Site - second round partner is announced
- Content acquisition announcement
Q4 2018
- Launch Beta
- Product launch
Q1 2019
- Liberation of Rabbit Hole
- Released new content recognition technology
INFORMATION:
Official website: https://whiterabbit.one/
Telegrams: https://t.me/jumpin
Facebook: https://fb.me/WRJumpIn
Twitter: https://twitter.com/WRJumpIn
Medium: https://medium.com/@JumpIn
AUTHOR: ALEX789
MY ETH: 0x5f5f506A001A179b8eE67214a7754Bfe04ffadE0
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