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Hours after President Trump said he would understand if Veterans Affairs nominee Ronny Jackson bowed out, the administration made it clear it was going to continue supporting the White House physician—and even used Barack Obama to defend him. The White House released years of performance reviews, including one in…
White Sox reliever Danny Farquhar is talking to his doctors and family after surgery over the weekend to address a ruptured aneurysm that occurred during Friday night’s game against Houston, reports the AP . Farquhar, a married father of three children, remains in critical but stable condition in the intensive care…
A sheriff in Illinois says Travis Reinking’s state firearms card was revoked last year by state police, but his guns were given to his father with the promise that they wouldn’t be shared with his son. Police in Tennessee are searching for the 29-year-old Reinking, saying he’s suspected of fatally…
The Trump administration is setting aside its skepticism of big international institutions that manage the global economy, in part because it wants to use the World Bank as a counterweight to China’s growing international influence.
WSJ.com: What’s News Asia
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OSLO, Norway — White Rabbit, a blockchain company developing a streaming ecosystem that enables users to reward the films and series they stream, on whatever peer-to-peer platform they choose to stream from, has announced a strategic partnership with K5 International, a subdivision of financing and production company K5 Media Group, which has produced several Oscar-nominated motion pictures.
Co-founder of K5 Daniel Baur will join White Rabbit’s advisory board and provide legal access to over 50 films in K5’s library.
The details of the deal are undisclosed.
“I have been actively searching the blockchain space for over a year, looking for companies that can have a massive impact on the film industry,” Mr. Baur stated. “With White Rabbit, I saw a product that properly integrates blockchain and embraces the existing entertainment industry and fans in a unique way.”
“Such deals show that the conservative cinema industry is becoming interested in innovative technological solutions, and that our WRT token will have a very decent real-life application,” said Alan R. Milligan, CEO and co-founder of White Rabbit.
White Rabbit is currently under development. Once deployed, it will act as a browser plugin that recognizes any sort of movies or TV series streamed online, and, thanks to blockchain technology, enables direct and secure payments for said content to the copyright holders. Additionally, all purchased items will be continuously available to the user in a library known as the Rabbit Hole. All transactions on the platform will be effected in the native tokens of WRT.
“We’re disrupting the new studios subscription model, to ensure greater rewards and transparency for producers, talent, investors and fans. We do this by ensuring fair access for films and series, competition in streaming services and diversity of content,” Mr. Milligan added.
In addition, White Rabbit has also added new tech executives from Blockchangers, which is one of Europe’s biggest blockchain companies. Joining the project are Jonas Therkelson as CTO; Jon Ramvi as lead blockchain developer; and Robin Pedersen as full stack developer.
“We are incredibly excited to have K5, Daniel Baur and the Blockchangers team support our mission to ensure a legal, innovative P2P streaming market, offering fans the choice and access they deserve and the industry a transparent and instant monetization model for rights holders, film investors and talent,” Mr. Milligan said.
White Rabbit’s whitelist registration for its token sale is currently open. The project intends to issue its MVP (minimum viable product) in the second quarter of 2018. A Telegram group for potential contributors is also available.
ABOUT WHITE RABBIT
White Rabbit is solution which includes a browser plugin that aims to resolve the failing business model of digital distribution of film and television series. By offering a peer to peer tokenized system powered by blockchain technology, users can access content globally, reduce cost by paying producers and creatives directly, revenue share with streaming sites to encourage an innovative streaming market and offer a transparent and instant monetization model for producers, investors, artists and entertainers. All purchased items will remain available to the user in the library.
K5 has been in the vanguard for many years. The company launched freeX in 1993, the first ever German script development agency; founded K5 Film, a production company with a studio-like package deal with Bavaria Film; and established the digital content company Nowtilus, which became the German market leader in only three years before selling the company to Rovi. The company is developing a mobile AR game based on the world Andrew Niccol created in ANON, ultimately to be played on a PlayStation and going full VR.
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Scott Pruitt’s week isn’t getting any easier: White House budget director Mick Mulvaney said Wednesday that he is planning to investigate the embattled EPA chief’s activities, which include allegedly violating the law by spending $ 43,000 in taxpayer funds on a soundproof phone booth for his office, Politico reports. “We…
A second allegation of racial bias at Starbucks has surfaced — this time in the Los Angeles area — in the days since two black men were arrested while waiting at one of the coffee chain’s Philadelphia stores.
A video, taken at a Starbucks store in Torrance in January, shows a black man claiming…
A 71-year-old white woman has been charged with assault after a video surfaced showing her in a confrontation with two black service members over a parking spot.
The Trump administration said Monday that it was “considering additional sanctions on Russia,” a day after U.S. Ambassador to the United Nations Nikki Haley stated emphatically that such penalties were imminent.
White House press secretary Sarah Huckabee Sanders tweeted a photo Saturday that appeared to show President Trump directing missile strikes from the Situation Room Friday, but sharp-eyed observers noticed something unusual: The caption read “Last night the President put our adversaries on notice,” but Vice President Mike Pence was in…