Do you know what is the major threat to film industry today? Piracy. Yes. The film industry is losing almost 15 billion dollar revenue every year because of pirated content that is readily available to anyone with an internet connection. Do you think all the people who are watching pirated movies or TV shows can't afford to watch original content? No. Absolutely not. Many people who watch the pirated content are fans of popular actors, actresses, directors or producers. As they wish to watch the movies or TV shows immediately after its release, they are going for the pirated version as the original version will be available only after a long time.

Some content is not available outside US, UK, and Canada. Even though many of these fans are willing to pay for the content, it is not available to them because of their geographical location so they are forced to watch only the pirated content. These are the two drawbacks from the user point of view.

Now, let's think about the producers or the content creators. In the past, even if a movie didn't perform well in the box office, the producers were still able to generate revenue from the DVD/VHS version of the movies. But online streaming and piracy have greatly reduced the sale of DVDs leaving the producer only with fewer options for monetization of their content. Do you know Netflix was originally created only to distribute DVDs? Sounds surprising? Right. But, it has reduced DVD distribution after acquiring a great customer base and now it concentrates only on producing its own content. So, the producers need to convince Netflix to add their content to their platform. Otherwise, there is no other decent digital distribution platform for their movies.

How to find a solution that is beneficial to all the people involved in filmmaking like producers, directors, artists etc? White Rabbit is developing an innovative streaming platform based on the blockchain technology that gives equal importance to all people involved in filmmaking. Unlike the streaming subscription services like Amazon, Hulu or Netflix which does not give importance to user's streaming habits, White Rabbit allows the users to pay only for the content they watch. The users can communicate directly with the content right holders (CRH) to get access to the content they like. So, there is no need for the users to watch boring content as they are not paying any fixed subscription fee.

Any user located anywhere in the world can watch the desired content, as there is no restriction because of their location. From the producer's point of view, they can monetize their content on their own without the need to depend on the third party. For getting more information about the interesting features of this platform, please visit https://whiterabbit.one/docs/White_Rabbit-White_Paper_v1.0.pdf.

The platform is not available for free of cost and the user needs to hold WRT ( White Rabbit Tokens ) that needs to be sent to the content creators/producers for streaming the content. The tokens can be bought from the company during the token sale. Check out https://whiterabbit.one to get the latest information about the token sale.