Watch Original HD Movies at Low Cost – White Rabbit

in #blockchain6 years ago

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How will you watch movies when you are a kid? Obviously, by going to a theatre nearby your location, buy tickets and sit comfortably with a popcorn in your hand. Right? How are you watching movies these days? You will get the medium quality print of any new movie online within a week from the release date. If you would like to watch the HD version of the movie, then you need to wait for at least a month or so. Otherwise, you can watch the movie on streaming sites like Netflix, Amazon, Hulu etc. So, you can watch any new movie from the comfort of your home without spending more money. Perfect!

Streaming sites or apps may be beneficial for the users. What about for content creators (producers), artists or other people who are putting so much of their effort to create the movie? Are they all getting equal profit from the distribution of a movie? No. Even though internet and technology have provided so many benefits, it has affected the film industry mainly because of the pirated content. What is the main reason behind piracy? Because there is no better option available to watch the original content as its digital distribution is not done properly. If the original content was available to the user at a nominal fee, it will reduce the piracy to a great content.

Many filmmakers are struggling to make more profit as the digital distribution of their content does not follow any standard. Before 90’s visiting a theatre was the only available option to watch films/ movies. Later CDs and DVDs were invented but the filmmakers were able to gain separate revenue from the sale of their content in portable disk format. Even though big producers were able to sell the satellite or other media rights of their content with a great profit, small production companies or individuals don’t have much budget for marketing their films. So, they are not able to make more money even if their content is of excellent quality and has won many awards.

How to get rid of privacy and provide a better platform for all the people like producers, distributors, and artists? White Rabbit is developing an innovative streaming platform based on blockchain technology which provides equal benefits to everyone involved in the content creation. It is basically a browser plugin that allows the user to watch the original content with excellent quality but at low cost. The users can directly pay to the content creators and watch uninterrupted streaming of the content. For getting more information about the technology behind this platform, please visit https://whiterabbit.one/docs/White_Rabbit-White_Paper_v1.0.pdf

To watch the original content, the user needs to pay White Rabbit Tokens (WRT) to the content rights holder (CRH). WRT is nothing, but a special type of token based on the Ethereum ERC20 standard. Once the content holder accepts the payment, the content will be available to the user through the Rabbit Hole (user library) that can be viewed anytime. WRT tokens can be purchased by using any Ethereum compatible wallet. Check out https://whiterabbit.one/ to learn more about the pricing, availability and sale terms of WRT tokens.

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The concept is good since it will encourage the content creators to publish here as they would get paid quicker. I like your posts @danizaharie! Great work!

Indeed, it is a smart project! Thanks for your follow

Your post is very informative @danizaharie

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This is a very smart idea, absolutely a great post!

Good information. The main idea is interesting but is just for a small part of peoples, most will still choose cinemas, streaming sites, tv or piracy.

That's a good one . Though I have not read the white paper but I hope you do have a strategy to make sure the price of the tokens are affordably available in the absence of artificial manipulation

The more advance technology becomes, the lesser the profit margin of film producers, what a disincentive to creativity! If this trend continues for long ,we might be in for a diminishing input in creative efforts of industry players.

Very good idea. Keep it up.

Thanks for useful story ! Upvoted 👍

Thanks for sharing this @ danizaharie

Remember the childhood day ahead today thanks @danizaharie

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