With the advent of computer technology and the internet, the film industry is going through hard times. The copyright holders spend a large amount on promotion and to pay intermediaries, who supply movies and series to viewers. These costs could be substantially reduced. At the same time, users have to face low-quality content because of the high cost of film production after numerous price markups.
Three major challenges for the film and TV industry:
- The income from films distribution has decreased. Previously, most of the revenue came from DVDs sales, but now it's in the past.
- Stream subscriptions limit the content choice and the ability to promote film production.
- Viewers are forced to use substandard pirated products to see their favorite movies and TV series, because there are no favorable conditions for the video content provision.
Platform White Rabbit allows to solve these problems and use streaming services for the rights holders reward, providing at the same time, a cheaper content for fans.
White Rabbit is a solution for those who are tired of overpaying.
White Rabbit uses blockchain technology, which eliminates unnecessary intermediaries in the distribution of video content. This will reduce the commissions paid by fans for watching movies and TV series, and, on the other hand, reduce the costs that the owners spent on the intermediaries work. Now viewing video content can be paid using digital tokens directly at lower prices and receive a fair income from the movies without any delays.
Blockchain can also eliminate problems with payments - all transactions using smart contracts are transparent and secure, so payments will be made without delay and deception by those who use the content.
White Rabbit - opportunities for everyone!
For cinema fans:
- Pay for views directly at competitive rates using your favorite streaming P2P-sites.
- Learn more about your favorite producers, their products and actors by learning how deep "the Rabbit hole" can be.
For producers:
- To significantly speed up the products payback.
- Access to the full list of the producer's content.
- To establish interaction with users, providing information about the shooting and future film projects.
For streaming services:
- To partner and shareholder in the company White Rabbit.
- Legalize their services and stop running away from the owners and legislators.
How White Rabbit works? The economy of WRT tokens.
White Rabbit is implemented as a convenient browser plugin. No need to subscribe, set up payments and mess around with different payment systems - everything works automatically. WRT - tokens are designed for pay-per-view video content and rewarding rights holders.
Interaction with the platform takes place in 4 stages:
- Users buy tokens during the ICO or via crypto currency exchange.
- Users view video content paying directly to copyright holders.
- The smart contract distributes the reward in the ratio: 75% to the right holders, 15% to the White Rabbit platform and 10% - streaming services partners. Not registered as partners receive 5% and the remaining 5% go White Rabbit.
- The rights holders can exchange the tokens for other crypto and fiat currencies or pay for other platform services.
Follow the White Rabbit.
Project White Rabbit has an excellent outlook and allow the users to save for viewing video content and right holders to profit faster with product sales.
The plugin is nearing completion and will be launched in the near future. The project partners are well-known companies in the blockchain community: Transform Group, Wings, AmaZix and ForkLog Consulting. Pre-Sale starts on may 7 on their Website, during which whitelist members will be able to receive 20% of bonus tokens. Please read Whitepaper and check socials. Thank you for reading!
Facebook
Telegram
Twitter
Medium
Bitcointalk
Great project with bright future! I think fair distribution of rewards for streamers via blockchain will be a success!
the content creators and streamers will receive fair reward for their work!
Finally a good solution for this problem! I wouldn't like to see an industry I very much love struggle and lower its quality, but I don't want to overpay as much as it requires to. This is something that should get to an agreement as they will reduce a lot of expenses.
Nice job!
@jorge-caceres thank you for your feedback!cheers!
Good initiative and it is very useful for everyone. Everyone should accept it.
I agree! Really very good. I have studied this project and now I participate in it.
I've seen posts about this before, if its able to get off the ground and build some confidence this could completely disrupt entertainment, so kudos!
definitely!
It will be very good, if you manage without the intermediaries.
Blockchain is the best way to get rid of intermediaries.
Great idea for the team! It remains to wish you success in the implementation of your plan!
Studied the project, quite a promising idea and useful for movie lovers and their creators!
agreed!
I saw a restaurant in Moscow with a name
I have also seen this name when collecting information for writing this article.
I ate there at a wedding of friends))
I liked the idea of the project. I'll read more about it.
That is true, the mode of operanda for film industry has been changing.
White rabbit helps in eliminating unnecessary intermediaries in the distribution of video content and reduce the cost that owners spent on the intermediaries work.