Our White Rabbit community grew tremendously in January 2018! We recognize it is our product and our dedicated community that will ensure White Rabbit succeeds. Community growth means increased engagement — and we really appreciate the opinion of responsible rebels like you. We have listened to your comments on Telegram and have now tweaked the presale and main sale of White Rabbit Tokens (WRT).

We are lowering the threshold to join in on our presale because we want more responsible rebels to spread the word about White Rabbit. Your commitment to our mission can reverberate around the globe. Community is the best way to change the injustice of streaming today — for fans and filmmakers.

A large number of people signed up to our whitelist with amounts lower than 25 ETH. Given the tri-fold increase of ETH since the beginning of the presale, we have now lowered the presale minimum to 5 ETH. Furthermore, our presale will be extended to a later date allowing more people to join and receive a bonus.

Opportunity knocks for everyone who wishes to join in and be responsible rebels too!

Status

We have received around $700,000 in pledges, with minimal marketing expense.

We have raised $250,000 in seed financing.

We will issue our MVP in Q1 2018 prior to presale (all dates to be confirmed).

White Rabbit will be at the Berlinale Film Festival February 15th — 20th. This is an incredible opportunity to promote White Rabbit and blockchain, as Berlinale is the world´s largest film market. Our CEO Alan R. Milligan has been invited by the festival to moderate and debate on panels about the future of streaming. Details forthcoming, so subscribe to our Telegram/follow us on Twitter for the latest!

Extended ICO and revised rules

1. Pre-sale minimum participation is 5 ETH, main-sale is 0,01 ETH. Pre-sale minimum was previously 25 ETH.

Why? The volatility of ETH has seen the ETH/USD value skyrocket from $350 at the beginning of the presale to nearly $1,400 at its peak. This has barred too many of our fans from participating during the presale. Therefore, we will make it up to them by lowering the minimum participation and extending the presale.

2. Extended presale to run two weeks before main sale.

Why? We are not speculating in crypto volatility. We have learned our lesson and will therefore hold the extended presale only a short time before the main sale.

3. We have adjusted the soft and hard cap.

Why? Our whitepaper has always stated a soft cap of $2M and a hard cap of $10M. However, the 25,000 ETH @ $400 announced at the beginning of the pre-sale is now worth $30,000,000. More capital isn't necessarily bad, but the fact is we do not need that much to deliver White Rabbit. We will announce the extended presale in USD ($10M) and set the ETH/USD price the day before the presale, with the main sale to be held no more than 2 weeks after the extended pre-sale.

4. We are rewriting our smart contracts.

Why? We have updated our terms and timeline and must accommodate those who have already signed up for the whitelist. Everyone who signed up on the whitelist during the last two months will receive all the necessary documents before we open up for contributions.

5. Transparency.

Why? We have learned that full disclosure causes less confusion, which is why we updated you at the beginning of this post in regards the presale. Going forward we will update our webpage to include a user-friendly informational dashboard during both the pre-sale and main sale. We will update the whitepaper, team and advisory board in good time before the ICO.

Whitelist and revised bonus

White Rabbit will continue to allow interested participants to sign up for our whitelist. This is a prerequisite to participate in the presale or the token sale. If you have not signed up yet, please do and make sure you commit at least 5 ETH for pre-sale. Anything below 5 ETH will be whitelisted for main sale.

Soft cap: $2.000.000

Hard cap: $10.000.000

ETH/USD: TBD 1 day prior to presale

Extended presale date: TBA

Main sale date: TBA

Presale minimum and bonus*

5 ETH — 10 ETH = 10% bonus (minimum contribution may be adjusted pending ETH price)

11 ETH — 20 ETH = 15% bonus

21 ETH+ = 20% bonus

Main sale bonus (first 48 hours only)*

0,05 ETH — 10 ETH = 5% bonus (minimum contribution may be adjusted pending ETH price)

11 ETH — 20 ETH = 7% bonus

20 ETH+ = 10% bonus

* Minimum contribution may be adjusted with significant changes to ETH/USD

Any feedback, questions or comments are most welcome. We are listening, so keep sharing in our Telegram group t.me/jumpin