PHOTOCHAIN - The Stock Photography Revolution

in bitcoin •  6 years ago 



Photochain revolutionizes the status quo of stock photography. It is a decentralized, peer-to-peer stock photography platform on blockchain with fair conditions, attractive incentivation mechanisms, lowest fees in the market and full control over the content, price and license type for the photographer. On the IPFS Photochain database, each uploaded photo is linked to a photographer through a blockchain transaction. This link cannot be removed or manipulated in any way. Photochain is in the pole position and ready to disrupt the monopolized stock photography industry with a great, experienced and influential team and board of advisors. We recently won 3rd place in the ICO Pitch Competition at the Blockchain Leadership. Thanks to our attractive demo MVP, the judges could see envision exactly what the final product will look like in addition to what we will achieve for photographers. We are partnered with the highly rated Swisscom Blockchain for advisory on our ICO and future strategy.

Photochain is created around 4 key pillars.

P2P Marketplace

We want buyers and sellers determine their own terms of sale, so we allow them to trade directly with one another. Using blockchain to remove the need for costly processing, we guarantee photographers to receive 95% of the earnings from their works.

Easy Onboarding

A simple identity verification for all photographers. Unlike with traditional photostocks which require lots of prerequisites, a user can be actively selling work in minutes. The removal of prerequisites further allows the platform to be fully accessible and profitable to hobby, amateur and professional photographers alike.

Digital Copyright Chain

Our decentralized database ensures each uploaded photo is hashed into the blockchain and permanently linked to its owner. This link cannot be changed removed or manipulated in any way. Any further uploaded image is also hashed and compared to the existing DCC for copyright fraud. Additionally due to the permanent link, any misuse of the image outside of paid licenses is easily detectable.

Crypto Economy

We are helping to build a crypto economy, where we have more control over our data. A fairer economy where you are rewarded for your work. We believe photographers deserve fair compensation for their efforts and their creativity.

PHOTOCHAIN Vision

Photochain Token

We are realizing the Photochain DApp through the Photon token sale. We have successfully completed our private pre-sale and our main sale will begin on 6th of April 2018.In line with best practices during the main sale, the amount of Photon tokens issued will have a realistic hard cap, at which point we will close the sale. PHT tokens will be issued following the end of the main sale. It may take up to 30 days to fully distribute all tokens.To prevent us falling foul of potential future regulations, we ask for a KYC and anti-money laundering check for each contributor to the token sales. This protects both contributors and us. This also reflects our long-term commitment to comply with all legal and regulatory requirements that may be required of us.

  • About : PHOTON Token is the means of reward in the Photochain Ecosystem and represents the tokenization of digital visual works.
  • Name : PHOTON Token (PHTs)
  • Standard : Ethereum ERC20, utility based
  • Max Supply (Hard Cap) : 230,000,000
  • Release date : issued after crowdfunding
  • Represented value : tokenization of digital visual works

Token Allocation

  • 79% Crowdsale
  • 11% Team & Management
  • 7% Bounties and Partners
  • 3% Legal & Advisory

Use of Proceeds

  • 30% Marketing
  • 30% IT Development
  • 8% Infrastructure
  • 10% Copyright and Licensing
  • 5% R&D and Platform Evolution
  • 4% Legal, Accounting and Audit
  • 4% Cooperations with Photo Agencies
  • 4% Allocation to contributors
  • 3% Business Development
  • 2% Business Development

About:

PHOTON Token is an appreciation tool in the Photochain Ecosystem and is a tokenisasi digital visual works.

PHOTON Token (HDI)

Standard:

Ethereum ERC20, utility based

Max Supply (Cap Hard):

230.000.000

Release date:

issued after crowdfunding

The value represented:

Roadmap

  • April 2017

IdeaIdea, business case and market research

  • June 2017

Project evaluationDevelopment of the DApp prototype

  • September 2017

Strategy & DesignGo-Live of the DApp prototype

  • October-November 2017

Preparation for crowdsaleCommunication and marketing activities
Commitment of the Blockchain Community
Commitment of the photography community
Legal form
Advisers and new team members

  • December 2017

Pre-Sale preparationsPrivate Pre-Sale at special discounts for eraly supporters

  • January 2018

Private Pre-Sale preparationsPrivate Pre-Sale at special discounts for early supporters
Enhanced documentation and planning
New team members
Community growing
New partnerships

  • February 2018

TransitionPreparation for Main Sale Event
Compliance and regulations
Developing a more comprehensive Photochain DAPP version

  • Q1 2018

Main Sale event (ICO)Publishing of new collaboration partnersRegulatory compliance for our Main Sale Event

  • Q2 2018

OperationPhotochain DApp Version 1.0 on the Ethereum
Mainnet
Trading of the PHT Tokens at Crypto Exchanges

  • Q3 2018

Continual improvementPhotochain DApp as standalone client on all common operating systems

TEAM


Advisory Board


For more information:

Website: https://photochain.io/

White paper: https://goo.gl/NDB3wZ

Instagram: https://www.instagram.com/photochain.io/

Twitter: https://twitter.com/photochain_io

Facebook: https://www.facebook.com/photochain.io/

Telegram: https://t.me/photochain_io

Author : gomes1
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1662391
ETH: 0xe1f377f5B1c2C537485Cf0558793b5d4b9c3569F

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