Last week I met one of my old friend in a restaurant after a long time. Our discussion revolved around various topics and finally landed on cryptocurrency and token sale. He told me about an interesting streaming platform named White Rabbit ( a browser plugin ) which can be considered as an alternative to Netflix, Hulu or Amazon prime videos. Do you know how these streaming sites make a profit? Initially, they were buying a lot of content from various producers or content creators to increase their subscribers. As they gained more popularity. They stopped buying but started producing their own content and they don't give any importance to the users streaming preferences. So the users don't have any choice but to watch the content that is available instead of what they like.
After digging on the internet about White Rabbit, I found out that it is actually different from the closed end streaming subscription services because it helps the users to watch and pay only for the content they like. Sounds interesting? Right. Check out some more interesting things I found out about White Rabbit below.
1. Direct communication
The White Rabbit platform helps the users to communicate directly with the content creator/producer without the need for a third party. Because of the direct communication, it is possible for the users to get deleted scenes, casual photos of artists in the studio etc from the original content producers. Many fans are ready to pay any amount to get contact with their favorite artists.
2. Uniform profit
The platform provides a unique way so that all the people involved in the content creation like a producer, director, and artists are getting an equal share of profit from the content.
3. Transparent payment
To access the content like TV shows, albums or movies, the user needs to pay WRT ( White Rabbit Token) to the content right holders (CRH). As the platform is based on the Blockchain technology, the payments are instant and stored on the transparent public ledger that is readily available to anyone on this platform.
4. Partner Streaming Sites (PSS)
In addition to individual content producers, White Rabbit also allows the streaming sites to partner with them to access the platform provided they follow the rules set by the platform. This concept helps the streaming sites to increase their revenue as well as customer base. From the user point of view, they will have a variety of content to choose from.
To read more information about the technology behind this platform, please visit https://whiterabbit.one/docs/White_Rabbit-White_Paper_v1.0.pdf
Whenever you share information about a new app or platform to anyone, their immediate question will be “Is it available for free?” No. The platform is not available for free and any user needs to hold WRT tokens (based on Ethereum ERC 20) to access the various features of this platform. WRT tokens can be bought/acquired during the token sale of the company that will be starting soon.
To keep yourself updated with the latest information regarding the availability of tokens and token sale, please visit https://whiterabbit.one/