Naturally some individuals are gifted with certain skills and talents to do things in a very wonderful way. Others are driven by their passion for an art or skill to actually discipline themselves and study it. The latter who attain these skills and knowledge to do something efficiently would have to spend a whole lot of time and money in order to gain the knowledge and expertise. It is the dream and vision with either of them that they bless the society with their products, skills, expertise, knowledge in wherever services the community or society may need them to deliver.
These group of people make a living out of the appreciation an individual or a community shows in their product or in their delivery of services. The media industry is search that there exist big organizations who provide a platform for media creators to exhibit their work to reach large number of people they could have done on their own. This assistance from these media organizations is a very tactical one in the world of business since it helps exposing media creators to the world. It is rather unfortunate that some of the organizations display some level of dictatorship in the negotiations which they have with the media creators.
The media creators who also know the importance of these organizations in the promoting of their work also concur to any unfair negotiations that the organizations that come up with.
It is against this back drop that the development team came up with the concept of WEMARK which will help liberate media creators from the monopoly of promoting organizaitons. This would also help bridge the gap between media creators and their consumers.
CHALLENGES WITHIN THE MEDIA INDUSTRY
Slow method of Distribution
The only way people are going to know about the work of a media creators is for them to be able to reach out to customers on several platforms in order to advertise their work but most of the times this style of distribution and delivery is not an easy one. It really drains creators out and it is time consuming. Also, self-distribution by authors does not speak well of the author since it is not a professional to do that. This is where organizations that have the reputation, the capacity and the brand name that can help in the distributing of the work of creators come in.
Charging of high fees before advertising
Creators need reputable advertising organizations to help them advertise their work to the world since they cannot do it on their own and sometimes the brand of company advertising your product also influences the rate at which people get interested into your project. Fees are charged for this negotiation between creators and the advertising organizations but it is really sad that these organizations charge high fees before advertising the work of creators. One thing that happens is that at the end of the day creators only get to enjoy just a little portion out of the work they have done with the advertising companies taking more than 50%.
Loss of ownership
The lack of resources, capacity, reputation and the popular brand name on the part of content creators causes creators to negotiate with reputable organizations who help creators to reach out to several customers that the creators would have been able to reach. This in general sense should have been good news to the creators but the terms and conditions that these organizations come up with is really hard for them to bear willingly but because they can not do much about it they just the humble pie reluctantly. Some organizations dictate the terms of the agreement in terms of rights to ownership, the price of the work and the process of licensing the work. This grants the organizations access to do whatever he does with the work of the creator.
THE SOLUTION WEMARK OFFERS
The blockchain technology is noted for transparency, accountability and quick transaction that occurs on it and it is with these features that several people are adopting these features and use the blockchain technology on their platforms. It is with these features WEMARK offers its solutions as follows:
Full ownership by Creators
Wemark will provide a platform where client will the opportunity to call the terms and conditions regarding copyrights and also issues of licensing. In as much as creators are going to be given this platform they would have the sole responsibility to determine the price range at which their products sell. Again, with the use of the blockchain ledger in making negotiations no party can alter the terms of the agreement unless is mutually agreed upon by both parties. This will ensure transparency in the terms of agreement.
Charging of Moderate Fees
Fees that are going to be charged on the Wemark platform is going to be of a moderate price and not the one that will in disguise take away more than half of the fund that creators would be getting.
Referral System of Distribution
Wemark’s platform will encourage members to help in promoting works of other creators by telling more people about it on their profiles. To make this effective, incentives would be given based on a user’s number of referrals. This would help spread news about the work of a creator across the globe even beyond the reach of creators and advertising organizations.
Automatic Distribution of Payment
WMK is the cryptocurrency which is going to be generated to run on this platform and both parties are going to be paid automatically via smart contracts on the blockchain technology based on the terms and conditions which were set. This automatic system would be free from any third-party infiltration to manipulate the terms of the conditions based on current market conditions.
The Market from all indications shows that it is ready for a change in how things are run. The stock photography is worth over $4B and its rate of increase is quite high. First of all is with the issues of inflating prices and also several organizations are not stuffing their stocks with new collections.
Contained in the whitepaper is detailed information which shows how the Wemark Protocol is going to be carried out and I entreat all investors to read it and get the full understanding into this awesome project.
TOKEN
The token that will be generated is WMK and it has the following details the hardcap and softcap of token sales.
Below is how the tokens are going to be distributed to the various sectors of the project for a great success.
FUNDING OF PROJECT
Funds which are generated during the sales of tokens are going to be used as follows:
Funds would be used in marketing and also to develop the business idea behind WEMARK
Some portion of the funds would also be used to develop the WEMARK Protocol based on blockchain technology on which all this is going to take place. Please refer to the whitepaper to read more about how this project is going to be funded to its full establishment.
TEAM MEMBERS
This project is backed by several experienced and knowledgeable individuals who are so passionate about this project that they would stop at nothing to make this project a great success. With their skills and experience they would make sure that this project sails out perfectly and so investors can have the full assurance to invest massively into this project. Please read more about them on their profiles by logging unto our website
Please reach out to WEMARK on the following contact lines
Website: http://wemark.com/
Whitepaper: https://wemark.com/whitepaper/
Facebook: https://www.facebook.com/WemarkOfficial/
Twitter: https://twitter.com/_wemark
Telegram: https://t.me/wemark
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Bounty thread https://bitcointalk.org/index.php?topic=3293253.0
Authorship
Bitcointalk Username: Kelvinikke
My Bitcointalk profile link is https://bitcointalk.org/index.php?action=profile;u=2087374