What is White Rabbit?
White Rabbit is a platform through which users can give a reward to the series and films they choose to stream. It enables users to stream the series or films from any peer to peer platform. With the help of the blockchain technology, White Rabbit sees the content in order to successfully fulfill the payment between the user and the film or series rights holder committee. This makes everyone satisfied by providing a flawless service. The subscription platform of the closed server gets eliminated in case of White Rabbit. An unlimited allowance is provided to the products created by the creative industry representatives.
Features of White Rabbit
- This platform provides transparency to all its users by offering them rewards of the series and films they like to stream.
- White Rabbit does not enforce subscription instead it adequately observes the contents that have to be streamed.
- The platform does not involve any third party interference.
- White Rabbit gives effective monetization of the streaming approach of P2P.
- The quality is the foremost aim of the White Rabbit. So it removes all the issues related to the duplication in the field of content.
- It acts as a perfect source for all the deserve musicians by providing only the quality rich contents.
- With the help of content marketing, White Rabbit provides honest payments to its users.
- As compared to the other platform which is present in the market, White Rabbit does not need any type of subscription in order to avail its facility.
- Users experience an unlimited amount of viewing content through this platform without a single restriction.
- The payments are recorded and maintained in the distributed ledger.
Issues faced by the White Rabbit
Issue 1: Recovering money
Digital distribution helps to earn money to very fewer filmmakers. Due to the lack of clarity in the revenue of streaming, recovery is done in years instead of minutes. As a result fraction of income is earned from the sales of DVD.
Issue 2: Choice
The streaming industry which is based on subscription services provides very less content choice.
Issue 3: Piracy V/S Fans
As streaming service fails to stream the needed series or films, as a result, fans are encouraged to go against the law in order to watch their favorite series or films. They are more attracted towards pirated content in case if their demands are not meet.
White Rabbit Solution Against Above Issues
Viewers, creators, and copyright holders, third-party developers, partner streaming sites etc all together form the ecosystem of the White Rabbit. Along with a personalized content library, White Rabbit also offers a browser plugin and the Rabbit Hole.
- The plugin of White Rabbit offers users White Rabbit Tokens after recognizing the streamed content. This guarantee holder of the content rights to receive the whole payment. The token is transferred from the user’s accounts to the content right holders with the help of smart contracts every single time when the content is streamed by a user. In case of absence of a smart contract, the tokens can be accepted and rejected by the content right holders. In case of the refection of the tokens, the tokens get the return back to the users which are present in the distribution pool in an encrypted form. This also safeguards the identity of the users.
- The Rabbit Hole is basically a library which contains all the personal paid content of the users. Here the users can watch extras, exclusive material, director’s cut, interview, and merchandise. In addition to this, users can also talk directly to the producers about their most loved shows and films.
- White rabbits also offer separate distribution and payment by offering single payment system which has a limited amount of fan and viewing experiences.
Pros of White Rabbit
- Fans get the freedom of streaming their favorite movies or series on any P2P site which directly pay to the copyright holders.
- The payment of P2P for streaming is guaranteed with the help of White Rabbit token.
- White Rabbit enables the produces to recover the revenue within minutes as soon as the fan pays for streaming their shows.
- Users can also get access to all the non-personal data related to their favorite series or films.
- The streaming sites have to agree to the code of conduct of the Streaming sites of the partner. This leads to legalizing of all the illegal streaming sites with the help of fruitful revenue scheme.
- The production team can contact their fans straight away with the help of Rabbit Hole. Through Rabbit hole the creators can tell the fans about their upcoming projects and films.
- White Rabbit also provides extra content such as VR, Q&A, Screening, etc to the user’s most liked series and films.
Cons of White Rabbit
- The marketing aspect of the White Rabbit is a matter of concern. Since it is a very early stage to figure it out whether it will work or not.
White Rabbit is a blockchain technology which certainly has an enormous potential for the industry which has a high demand. The strategy of the new model of business has been clearly outlined by the team of the White Rabbit. White Rabbit certainly has challenges in terms of its exclusivity for the players who work on small scale. Though, the platform certainly seems to execute these challenges very well in case of its further development and token sale. It is believed that the project will be successful in that aspect. However, it is certainly unclear if the content right holders get involved in this project in order to earn revenue and in return helps this platform by providing the boost it requires to stand in the competition.