White Rabbit:a very good digital film system for users

Maret 26, 2018

The fight against Internet piracy is one of the advanced goals of the White Rabbit project. If you analyze the WhitePaper you can easily say that the project is formed to obtain a full-fledged comprehensive benefit by all participants in the film industry. Everyone wins here: copyright holders, directors, actors, producers and all the others who participate in the development of a particular content, as well as resources for the transfer of content and of course customers, the audience.

White Rabbit will allow to create payment for services in the field of music and film production using the system of cryptocurrencies.

The idea of White Rabbit is incredibly simple — connecting to a system where the viewer or listener can pay for the views directly to the seller. As a result there will be no need for intermediaries who often absorb up to 90% of the total amount of payment. Besides, the user can thank the authors and actors of the project a voluntary contribution, which is not covered by any commission including the internal commission of White Rabbit.

What is the White Rabbit?
White Rabbit is a plugin for an Internet browser, which enables P2P to learn about the authors of the posted content. Recognition takes place on the partner sites of the broadcast but it should be said that in the system can participate also stream-sites that have not concluded a contract with the "Rabbit".

The system of smart-contacts, which underlies the blockchain technologies, allowed to fully automate the process of the plugin. Once the user visits the resource the account of the owner and the author of the content receives payment in the form of tokens. In the event that they do not agree with the sale of this content the funds are returned to the buyer.

Thus, the authors will also be able to sell additional materials, for example, footage from the set, director's versions of films and other content that is not available to pirates in the public domain.

Thanks to the White Rabbit project viewers will pay for the work of the developers themselves stimulating their activities instead of enriching the incomprehensible middlemen.

Cryptocurrency of the "White Rabbit" is created according to the ERC20 standard. It can be used by project authors, users, partner and non-partner resources, which broadcast on behalf of authors.

Revenues from transactions will be divided according to this principle:

Owners and authors of content - 75%. It is worth saying that most modern systems do not allow authors to obtain half of all revenues.
Commission "Rabbit" - 15%.
Affiliate sites that broadcast copyright content will receive 10% of the transactions in the event that a contract is signed with the authors. Broadcast without a contract gives 5% of the profits.
Another 5% remain in the White Rabbit system for the development of the project.

For Producers

The Producer may receive revenue directly and disperse participant’s share of revenue themselves.

The Producer may accept the standard White Rabbit price ($2 for a film/$1 for a series) or set their own price for their content.

Once initiated the smart contract ensures collection of revenue from Users, collected automatically and transparently via blockchain.

Aggregated non-personal User data is made available to the Producer if Users have allowed such information to be made available.

Users who watch the content on P2P streaming sites are able to offer tokens to the Producer.

The White Rabbit Partner Streaming Sites (PSS) allows the Producer (or distributors) to target their audience more efficiently.

For Sales Agents

May set a unit price as according to the lowest unit price in sold territories if they have agreed to collect P2P streaming with the distributor of that sold territory.

Have a White Rabbit dashboard and mobile phone app to track, record and update rights and revenue distribution to reflect agreements for content.

Blockchain means transparency and allows revenue reports that may be shared with the respective parties.

For The Directors

Where the Producer has created a smart contract that allows revenue distribution to all parties as according to the recoupment plan, the Director will receive reports along with all other parties as to the digital revenues.

Blockchain revenues cannot tamper, the smart contract is automated and this ensures the Director receives his recoupment as agreed at the start of the production of the film.

White Rabbit allows Viewers to make an additional donation at the end of a film.

Information regarding presale (live now) and token sale (Q1 2018):

Token price: 1ETH=3040WRT

Total token supply: 190 000 000

Hard Cap: 25 000 ETH

Presale Bonus: 20%

Presale minimum: 25 ETH

TIM White Rabbit

The White Rabbit team is a mixture of film-makers, entrepreneurs and software enthusiasts blockchain who understand the complicated world of the film industry, but sees opportunities for blockchain to solve this problem for the benefit of fans , filmmakers and investors.