WEMARK: Platform Provide Marketplace For Stock Photography Powered By The Blockchain Technology….

Introduction

Within the age of digital media, manufacturing original and authentic content appears to be the largest worry for several of the agencies, since what they believe is repetition and writing. Content is that the key to the good relationship with the customers. Whether or not it is for a portable company or a toothbrush company, the content builds a good worth with the customers. Stock photography is one in all the proper samples of this development, wherever most of the photos you see on the net area unit the first work of somebody you are unaware of and still they're being employed while not their permission and incentive.

The customers are happy to search out free pictures wherever they are doing not ought to pay abundant. The centralized distribution system has created these middlemen abundant powerful and hungry for revenues. There must be another distribution network that advantages and provides his equal share to the photographer. So, there is one platform which is created to provide a marketplace for photography called as WEMARK.

Solution Offered

WEMARK is that the latest platform introducing a localized distribution network for the stock photography by utilizing the blockchain technology. They need to create this platform on the WEMARK Protocol, that distributes 85% of the revenue to the creator whereas 15% to the platform. The platform is backed by the VC funding; Automatic payment mechanism creates potency and transparency within the payment system on the platform. Sensible contract technology is used for distribution of the content on the platform.

They're determined to reach making a clear network wherever the photographer is up to the mark of his rights and revenue. Ethereum sensible contract also will facilitate in accepted payment, distributing license, and mechanically distributing revenue. WMK Tokens are being utilized on the platform for worth exchange and as an award to the creators and customers.

All the first content is held on within the cloud whereas hash worth is a part of the blockchain. Content review & moderation, identification, copyright claims & disputes, payment, license, and partnerships are some of the various key pillars of the platform. The distributed marketplace created by the team is predicated on the transparency and a technique to spot infringement of copyright. Flexibility, curation assortment, is some of the various techniques utilized by the platform to accumulate new higher costs, customers.

ICO Information

Total 135,000,000 WMK Tokens will be created for the project during which 38% of the tokens are reserved for the token sale. The token sale can begin on 7th May 2018 and continue till 21st May 2018. The funds collected from the ICO are utilized within the analysis and development of the platform.

Token Distribution

TEAM

The team consists of specialists from a range of fields, like technology, business, and content.

Advisor

Conclusion

Photographers are left with no alternative aside from to sell their assortment for a lesser worth. They do not get a proper money. The distribution system is broken and it is solely benefiting the middlemen. Websites like Shutterstock and Getty pictures became the market leaders within the stock photography. They control revenues and management rights for the foremost of the photos.

Stock photography business is redefined with the introduction of the blockchain technology. The future of the spreading depends on the event of the blockchain-based applications. Therefore the platform will provide a positive push within the business and future applications which is helpful for creating a good marketplace.

Stay tuned for more update…Thank you…!!!

For More Information Please Visit:

Website: http://wemark.com/

Whitepaper: https://www.wemark.com/whitepaper

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