Ever hate when somebody like a middleman take most of your right and make more money from your hard earned sweat? If you do, we are on the same pages! What if i share with you guys a solution that will free yourself from it? I would like to introduce you the solution for this problem by having WEMARK: A BLOCKCHAIN BASED MARKETPLACE FOR DIGITAL CONTENT.
The IDEA
Based in Israel and United States of America, the team come up with an idea to preserved the right of the producer (in this case; photographer) with a service fees 4x lower than nowadays marketplace like Shutterstock etc. This vast growing $4 bil industry has taken most of the photographer rights and money as the Agency are dealing with the customer thus they increasing the services charges up to 85% (easy money for the middleman!) of the selling value.
The PROBLEM
Without any help from big known company, agency, it is difficult to find a potential buyer and advertise it. Many of the producer is a freelancer which shows they don,t have a fixed job. How do you think they are gonna pay for the living expenses while they pay ridiculous fees to the middleman/agency just for advertising the product? They might sell it off the streets but what about the snobbish authorities?
The SOLUTION
By having a marketplace platform with lower fees and preserved rights with direct dealing creator-buyer. Marketplace can advertise your photos/arts on a global scale and widen your opportunities to be well known.
While still keeping most of the benefits reserved for distributing their content without
a middleman, customers will be able to license curated, commercial photos directly
from leading photographers. The creator can now gain their hard earned works in proper amount.
The ADVANTAGES
By having the WEMARK as the block chain marketplace, creator (in this use case; photographer) can:
-keep all the rights to their content
-control the pricing of their photos.
-keep much more of their revenue. No surprises.
-benefit from higher transparency.
-able to trust the system
Conclusion
How was that? Great projects right? This is for me a realistic and achievable idea. Did you guys see the team yet? Know who the advisor? Don't be shock if i'm telling you former Shutterstock content director Karen was on the advisor team! And i would like to welcome Miguel Forbes (Former Co-Founder of Forbes) for joining onboard with the team.
If you guys are intrested and believe this is a good project, kindly fill up the form at their web https://tge.wemark.com/ to get whitelisted. The TGE aka Token Generation Event will be on July 24th 2018 till August 7th 2018. Don't forget to have ERC20 WALLET e.g MyEtherWallet or similar and must not contribute from exchange or it will be your loss.
p/s: this is their first idea using stock photograph in their project. Let's hope they can diversify and applied to other content of the marketplaces as well. Any thumbs up will put a smile on my face, and yes thanks for reading my first post!
