Rhovit ICO (Rbit)

Creating a blockchain based circular economy


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.

Media Platform
3.4

by expert rating and reviews


3.9
ICO PROFILE
3.0
TEAM
2.6
VISION
2.6
PRODUCT
TBD
Token Rbit
Platform Ethereum
Price 1 ETH = 140 - 180 Rbit

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.

Team

Matt McCullough member of Rhovit ICO
Matt McCullough
Co-Founder/CEO
Mary McCullough member of Rhovit ICO
Mary McCullough
Co-Founder/CPO
Carlos Adrian Martinez member of Rhovit ICO
Carlos Adrian Martinez
Full Stack Developer / Cognit Labs
Charles Voltron member of Rhovit ICO
Charles Voltron
Interim CTO
Tanja Richter member of Rhovit ICO
Tanja Richter
Creative Director
Dima Popovici member of Rhovit ICO
Dima Popovici
UX/UI
Vanessa G. Vasquez member of Rhovit ICO
Vanessa G. Vasquez
Blockchain/Crypto Intern
Nicolas Erreca member of Rhovit ICO
Nicolas Erreca
Full Stack Developer / Cognit Labs
Danny O'Neill member of Rhovit ICO
Danny O'Neill
Sales
Michelle Lange member of Rhovit ICO
Michelle Lange
Marketing
Miranda Ordonez member of Rhovit ICO
Miranda Ordonez
Indie Artist Community Leader
Phillipe Erwin member of Rhovit ICO
Phillipe Erwin
Vueality / Former VP of Interactive at Warner Bros.
Alex Marcus member of Rhovit ICO
Alex Marcus
Head of Op Disney Accelerator/Former emp William Morris Endeavor (WME)
Elie Galam member of Rhovit ICO
Elie Galam
CIO at Eastmore Group / Advisor to Bancor
Mitchell Berman member of Rhovit ICO
Mitchell Berman
Berman Strategic Advisors
Bill Sutman member of Rhovit ICO
Bill Sutman
EVP/CFO Source Interlink Media / Former CFO Universal Pictures
Mark Stanwyck member of Rhovit ICO
Mark Stanwyck
Blockchain/ ICO Marketing
Arash Emami member of Rhovit ICO
Arash Emami
Former Technical Product Owner at LinkedIn / Founder Seles Games
Craig Wilson member of Rhovit ICO
Craig Wilson
Former GPM of Microsoft/ Bixel Exchange Accelerator
Peter Bergstrom member of Rhovit ICO
Peter Bergstrom
Bitblock Ventures / Giant Media Group

Milestones

  • 1

    2012

    RHOVIT 1.0 is imagined and built

  • 2

    2014

    RHOVIT 1.0 is put on hold until a better monetization system can be devised.

  • 3

    Q1 2017

    RHOVIT 2.0 is imagined with integrated blockchain technology

  • 4

    Q2 2017

    Circular Ecosystem is designed along with UX updates to existing RHOVIT Platform

  • 5

    Q3 2017

    Whitepaper is published and ICO announced.

  • 6

    Q4 2017

    ICO is held

  • 7

    Q1 2018

    Release Beta Version of Rbit backed RHOVIT Platform

  • 8

    Q2 2018

    Open RHOVIT to the public

Financial

Token Sale Info
Token Rbit
Platform Ethereum
Price in ICO 1 ETH = 140 - 180 Rbit
Tokens for Sale 63000000
Investment info
Accepting ETH
Distributed in ICO 35%
Soft cap 25000000 Rbit

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