Starting with photography, Wemark - a company creating a marketplace based on blockchain will permit direct transaction between digital content makers and customers. The stock photo industry is panning out to become a very big business and according to experts, it may exceed $4billion in the year 2020. Interestingly this industry is highly centralized and Wemark is keen on decentralizing it. Decentralization will create a win-win situation for all as majority of revenue is been shared solely by two major companies (Getty images and Shutterstock). With that aside, lets take a journey on the business opportunities available in using this platform called Wemark.
PERMISSION TO LICENSE YOUR WORK
The stock image industry is highly monopolized and due to this photographers in order to monetize their work keep mute and allow photo agencies do the bargaining of their work with customers and in return get peanut share from the payment. Having heard the cries of photographers Wemark will permit them to license their hard work.
MORE EARNINGS FOR YOUR WORK
Unlike Stock Photo agencies which charge photographers an outrageous confiscatory fee of 85% of their content of sale prices, the photographers will be left with just 15% , Wemark will be slashing the fee and this outcome will make photographers get 85% of photo sale prices while Wemark keeps 15%.
BRIDGING THE GAP BETWEEN YOU AND YOUR CUSTOMERS
Due to the centralized nature of the stock image industry, photographers in order to make profit from their work adhere to rules of major stock photo agencies. Such rules keep them at bay from customers but with Wemark photographers can interact and foster amiable friendship with customers which will lead to more sales.
A LARGE AUDIENCE FOR YOU TO MARKET YOUR WORK
Wemark is growing rapidly and with more than 40,000 members with million of images already uploaded, more people are trooping into the platform. An ideal marketplace for you to sell your creativity.
YOU GET INCENTIVES
Payment system on this platform will be done with the company crypto currency called wemark token. Interestingly, Wemark will be giving out incentives to members who use and share the platform.
CONCLUSION
Wemark is backed by top VCs around the world and undoubtedly success will be the story of this one of a kind of project.
What are you waiting for ? Sign up now and begin to enjoy the benefits brought to you by Wemark.
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