The invention of the blockchain has helped P2P system as well as a decentralised community and authority. With the implementation of the blockchain technology, applications, software and business transaction have been done with transparency. The transparency of the blockchain has prevented malicious tampering.
Photochain and Why You Should Use It.
Photochain is a decentralized stock photography platform built on the blockchain for artist, photographers and those involved in artistic work.
In the past, not until now, Artist wants to sell their artworks and at that, they need a photo stock website, so they do go to stock photography platforms such as Shutterstock and many more but they end up receiving a tiny percent of the total amount the artwork is being sold. Also, the artist finds it hard to get their works approved by the photo stocks platform, thereby leaving them no option but to post many photographies and artworks so they can compete with other competitors. Also setting their own price is a major issue for the artists, the price is fixed by the photo stock platforms who serve as middlemen thereby determining the price and the customers they deal with.
With Photochain platform, everything is decentralised and on the blockchain. From the artist to the buyer, and down to delivery and payments, all this happens immediately, thanks to the smart contract used on the blockchain technology.
There is a win-win result between the contributors and the customers, and also delivers transparency. Photochain gives 95% of the final sales price to the artists (contributors).
Photochain is a fair platform where all users enjoy quality works at cheap and affordable prices also giving a one on one transaction process without an intermediary.
Photochains allow a simple and easy platform which is not complicated to amateurs. It gives a cheap cost for artwork royalty-free licenses which ranges from $0.20 to $50.00.
Unlike traditional photo stocks where substantial revenue is difficult to attain, the Photochain platform enables the users to sell their art easily.
About Photochain Token - Photon
This is the acceptable means of rewarding users on the platform on the platform. that is when a transaction is done on the platform, the token is used as a means of payment.
The token enables easy access to to the services offered on the Photochain platform. It is used to reward artists and will be used for other services which will be introduced to facilitate the ecosystem.
Token Details
Token Name - PHOTON (PHT)
Price per Token (in ETH) - 0.00017 ETH
Pre-Sale Cap (PHT Tokens) - 10,000,000
Main Sale Cap (PHT Tokens) - 170,000,000
Hard Cap (PHT Tokens) - 230,000,000
###Token Allocation
| Token allocation | Percentage |
|---|---|
| Token Sale | 79% |
| Management & Team & Legal | 14% |
| Adviser | 4% |
| Bounty | 3% |
ICO Sale
Pre-Sale:
Start date: January 2017
End date: Now closed
Hard Cap: 10,000,000 PHT
Currency accepted: ETH, BTC,
Token exchange rate: 1 PHT = 0.000085 ETH
Minimum transaction amount in Ethereum: 0.1 ETH
Maximum transaction amount in Ethereum: unlimited
Minimum transaction amount in Bitcoin: 0.003 BTC
Maximum transaction amount: unlimited
Main Sale
Start date: 06.04.2018 at 8:00 am CET
End date: 18.05.2018 at 12:00 am CET
Maximum Amount of Token: 230,000,000
PHOTON Token overall ICO Hard Cap (for sale): 170,000,000
Currency accepted: ETH, BTC
The exchange rate is 1 PHT = 0.00017 ETH
Only sold and allocated tokens are minted
Reference:
Website: https://photochain.io/
Whitepaper: https://docs.google.com/document/d/1C4UPA9-9o2cOLJOEYMIVwN_Fi3Ebtn2YcRua58hQ7_0/edit?usp=sharing
Twitter: https://twitter.com/photochain_io
Facebook: https://www.facebook.com/Photochain-141364963181927
Medium: https://medium.com/@photochain
GitHub: https://github.com/photochain
Instagram: https://www.instagram.com/photochain.io/
Authored by: gbenga88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874687
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4