As a part-time photographer who spends the leisure time on capturing the true beauty of the Mother Nature, I have been engaged in the photography industry for almost 10 years now. Throughout this period of time, I was so reluctant to sell the best shots through the online marketplaces, mainly due to the higher amount of commission they expect and on the other hand whenever I tried to find a direct client, they tried to get it at a lower cost through heavy bargaining. As a result, I decided to keep most of my best shots with me, on my walls or in the albums, which gave at least the self-satisfaction which I desired from my main hobby.
Recently, I heard of the Wemark, which is a company that uses blockchain technology to provide a decentralized platform where photographers and potential clients can communicate and proceed with the transaction on the level without the meddling of intermediaries who can take up to 85% of the revenue generated from transactions. Thus this is a clean system which ensures security, privacy, and transparency.
It has been a great news for myself as I was looking for a solution like this for a long time and the most interesting aspects of this unique marketplace are articulated here.
Wemark Protocol
In this, blockchain provides a marketplace to buy and sell content agreeing to a smart contract. This allows creators to sell while keeping all the rights to their content and maintaining control over its price. When they agree upon mutual consensus, the agreed terms get registered on the blockchain.
Key Features of Wemark:-
Using smart contact – this blockchain powered network allows photographers to issue the distribution rights to clients who are willing to adhere to the contact generated. Blockchain will then ensure that every transaction is tracked and held accountable for the proper use of content.
Photographers who contribute to the platform are in full control of their content. No content will be issued without the fined approval of the artist and, the photographs available is priced to suit the budgets of clients.
Revenue distribution is unique to Wemark as artists collect 85% of the total payment made by clients. The remaining 15% goes to Wemark to run a hassle-free system. As of now, this is the current distribution at Wemark.
Privacy and transparency in all the dealings pave the way to establish the correct use of content. The Wemark protocol ensures that this is handled in abiding by the terms stated in the smart contract to avoid copyright infringements an inappropriate use of content.
Concluding Remarks
Like all technology based devices, cameras have also evolved very rapidly. What we had 5 years ago is not what we have right now. With that photographers are required to be on top of there game with the abilities to produce the best photographs with the help of available resources.
Hence, Wemarthe k platform is a wonderful opportunity for both professional and amateur photographers and business individuals looking for that ideal photograph to suit their needs without having to deal with mediators. With more than 200,000 photographs in the server adapted to provide necessary materiel at the best prices from low cost to unique content, is also backed by 3000 authors registered online. This has prompted the world’s leasing digital photo providers like Getty Images and Caia to join hands with Wemark in its run for success.
Wemark, established in March 2017 is a young project, with great vision, has stepped forward to change the current market system related to photography. Even though still young, its dynamics and strategies have earned Wemark its place in the world of photography, leading designers, journalists and brand studios, etc.
For more information about this wonderful project and ICO, visit the following URLs.
Website | Whitepaper | Facebook | Twitter | Reddit | LinkedIn | Blog | Telegram | ANN | Bounty
Author's Details:
Bitcointalk Username: SanjeewaCrypto
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1673942