Hello Guys!!
How are you doing today?
The crypto space just keep getting interesting by the day isn’t it?
Today, I would like to introduce you to yet another interesting project on the blockchain unlike you’ve never seen before.
Do you love looking at beautiful photographs?
Do you love the emotions that some touching and lovely photographs evoke in you when you look at them?
Do you love taking photographs or loves collecting them?
Have you ever tried to download some pictures you love online only to see Shutterstock or Gettyimage watermarked all over the image?
If these questions relate to you, then make sure you read this article to the end because a new platform has been birthed that makes distribution of photographs much more easy and efficient. I would like to introduce you to a novel distributed online marketplace for stock photography which will change the face of the stock photography industry.
The stock photography industry is a multi-billion dollar industry which is growing at a rapid rate. Stock photography is simply the supply of photographs which are licensed for specific purposes. These photographs are taken by professional photographers and they license them to stock agencies who then takes care of the distribution of these stock photographs to the general public.
This has always been the scenario in the stock photography industry. These centralized stock agencies are so powerful that they end up making the most profit from the distribution of these images while leaving the professional photographers themselves with little profits to show for their efforts. When it comes to photography, the majority of the market share is being controlled by Shutterstock and Gettyimage. These agencies make the distribution of photographs difficult for art lovers who wants to get these photographs with their prohibitively, exorbitant prices while paying the real workers i.e the photographers very little profit for their works.
These centralized agencies are able to do this because they have been able to build a large customer base and it’s difficult for independent photographers to make headway, hence, they license their photographs to centralized stock agencies who charge as high as 85% of the photo price that these photographers license to them.
In order to checkmate the exploitative activities of these centralized stock agencies, a new distributed market place for photography was developed.
Introducing WEMARK - World’s First Distributed Marketplace For Stock Photography
WEMARK is a distributed marketplace for stock photography built on the blockchain which aims to revolutionize the stock photography industry and provide workable solutions to the current problems in the industry. WEMARK provides a platform for photographers to license their photographs directly to customers without the need for the services of exploitative middlemen like centralized stock agencies. This platform is revolutionary as it is beneficiary for both buyers of photographs and photographers themselves. Photographers get to keep most of their profit from the sale of their photographs while buyers gain unrestricted access to get any photograph of their choice at affordable prices due to the removal of the middlemen which makes these transactions difficult and costly. WEMARK utilizes wemark protocol which enables these transactions to carried out in a smooth and efficient way on the blockchain.
So what are the solutions that WEMARK brings to the stock photograph industry?
Better Prices
Many times I’ve tried to buy photographs on Shutterstock and Gettyimage but unable to because of ridiculously high prices. WEMARK provides a distributed stock photograph platform where photographers can license their photographs to customers without the need for middlemen such as centralized stock agencies which leads to better prices for customers who wants to purchase these photographs.
More Profit for Photographers
WEMARK enables photographers to have total control over their photographs hence they are able to control the prices for higher profit. Photographers keep as high 85% of the sale price of the photographs due to the removal of stock agencies under the WEMARK platform. Photographers keep all the right to their photograph and the WEMARK pricing is structured in a way that the pricing will have to be acceptable to the photographer before transfer of license can take place.
Transparency
WEMARK is a blockchain-based platform which means all transactions on this platform are transparent and immutable because they are recorded on a public ledger. These transactions are also fool-proof in that they are immune to the prying eyes of hackers. Transactions and data on this platform are encrypted on the blockchain which ensures privacy of customer’s data while also giving photographers the ability to monitor their artworks from copyright infringements.
Flexibility
WEMARK introduced an erc20 standard token, WMK to power the WEMARK platform. This token can be used by customers and photographers for the settlement of payment on the platform which creates flexibility as customers can use these tokens to do whatever they wish to. They can buy photographs with these tokens and they can also sell them when they like. This ease of payment makes WEMARK an industry leader in the stock photography industry.
The introduction of a distributed stock photography platform is highly imperative at this moment in time when centralized stock platforms are ripping photographers off of the profits from their hardwork. WEMARK provides a platform that help to redress this situation by giving photographers total right of their photographs which increase their profitability while also lowering the cost of photographs on the part of customers who are able to get the photographs of their choice at affordable prices. The platform is highly secured with blockchain technology while also ensuring privacy of customer information.
Token Information:
Name: Wemark Token
Total Supply: 135,000,000
Ticker: WMK
Type: ERC 20
WMK Token Price: 1ETH = 2,375WMK
TGE (Token Generation Event) Start Date: July 24th, 2018
TGE End Date: August 7th, 2018
Soft Cap: 3,250ETH
Hard Cap: 16,750ETH
Token Allocation:
Company Reserve: 38%
Token Sale: 34.5%
Team and Advisors: 16%
Partnerships: 11%
Bounty Program: 1.5%
Team
Advisor and Investors
For more information on WEMARK, please visit the following useful links:
Website: https://www.wemark.com/
WhitePaper: https://www.wemark.com/whitepaper.pdf
Twitter: https://twitter.com/_wemark
Telegram: https://t.me/wemark
ANN: https://bitcointalk.org/index.php?topic=3347524.0
Author: https://bitcointalk.org/index.php?action=profile;u=2077261