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Rhovit

Rhovit

Creating a blockchain based circular economy

Website

The Rbit Token is used by RHOVIT providers and advertisers to incentivize users to watch and share their content. Rbits also provide the backbone for RHOVIT’S circular economy by “valuing” users transactions on the site and using those transactions to mine Rbits. The mined Rbits are then distributed out to the content provider community and used as backing to distribute RHOVIT’S in-house currency, “Coins” to the user community so they can purchase more content.


About Rhovit

RHOVIT was created in 2012 by filmmakers who wanted to fix the system. Not just for film, but music, books, games...for all creators. The idea was to give artists all the power of a major platform but the freedom and profit of their own site. It was a better system but it wasn’t complete. In 2014 we sidelined the project. So why are we bringing it back now? Because of technology like Ethereum and the ability to complete what we started.

The problem with content monetization is not singular. High platform fees, transaction fees, middlemen, skipped ads, ad blockers, low cpms, piracy, audience reach, expectations of free...it is all of these. Blockchain and the creation of a token by themselves are not a cure all. But when used as the backbone and fuel of a fully realized circular system that feeds and regenerates itself, they are the technology that will disrupt an entire industry.

RHOVIT has used them by creating a value layer where there was none. Imagine if all the actions a User took on a platform...renting a movie, reading a book, watching an ad...were drops of water. Now imagine all those drops collected in a trough. Right now on platforms that water sits until it evaporates into nothing. RHOVIT dumps it over a water wheel, powering an engine that creates value for Users and Providers in the form of Rbit Tokens. It is the creation of value from waste that is the key to solving the writers problem and the problems faced by millions of other content creators big and small. RHOVIT is an earn and spend circular economy that creates and spreads value to it’s entire community.

Associated agencies

BitBlock's logo
BitBlock

Blockchain development

The Team

Matt McCullough

Co-Founder/CEO

Mary McCullough

Co-Founder/CPO

Carlos Adrian Martinez

Full Stack Developer / Cognit Labs

Charles Voltron

Interim CTO

Tanja Richter

Creative Director

Dima Popovici

UX/UI

Vanessa G. Vasquez

Blockchain/Crypto Intern

Nicolas Erreca

Full Stack Developer / Cognit Labs

Danny O'Neill

Sales

Michelle Lange

Marketing

Miranda Ordonez

Indie Artist Community Leader

Phillipe Erwin

Vueality / Former VP of Interactive at Warner Bros.

Alex Marcus

Head of Op Disney Accelerator/Former emp William Morris Endeavor (WME)

Elie Galam

CIO at Eastmore Group / Advisor to Bancor

Mitchell Berman

Berman Strategic Advisors

Bill Sutman

EVP/CFO Source Interlink Media / Former CFO Universal Pictures

Mark Stanwyck

Blockchain/ ICO Marketing

Arash Emami

Former Technical Product Owner at LinkedIn / Founder Seles Games

Craig Wilson

Former GPM of Microsoft/ Bixel Exchange Accelerator

Peter Bergstrom

Bitblock Ventures / Giant Media Group

Financials

Token Info

Price in ICO
1 ETH = 140 - 180 Rbit
Tokens for sale
63,000,000

Investment Info

Distributed in ICO
35%

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