To date, the digital photography market is experiencing a number of problems. First, the disproportionate distribution of income in favor of intermediaries deprives content creators of a decent reward for their products. Secondly, the lack of transparency and control in transactions leads to the fact that photographs are unauthorized sold several times, without taking into account the interests of the author. Third, monopolization occurs in this industry, which makes competition among new participants more difficult. Centralized marketplaces dictate their terms, where about 85% of the profits from the photos are taken away.
The Wemark project will turn the digital photography market. Wemark is a decentralized platform on the blockchain, which works in the interests of buyers and sellers. Wemark directly connects all market participants and removes any unnecessary mediation. 85% of the profit for content is now paid directly to the author, and only 15% goes to the maintenance of the Wemark platform. Wemark also tracks the fate of the photo to avoid repeated deals in circumvention of the interests of its creator. Blockchain will ensure complete security, reliability and ease of interaction between the parties concerned.
Wemark, in addition to the new generation marketplace, will also be a social network where all participants will be able to communicate among themselves and negotiate deals.
In the future, the project creators plan to develop the platform in the following areas:
• the ability to hire models;
• placement of various types of digital content (for example, music);
• purchase or rent of professional equipment;
• payment of legal services.
It should be noted that Wemark is already working. Currently, it has more than 40 thousand photographs and more than 3000 participants. Photographers can create their profiles on the platform. The system checks them. After verification, users can send their photos for viewing. If the photos are approved, the creators can license them for the customers directly without intermediaries. The user himself assigns a price for his work and fully controls all the terms of the transaction, prescribing them to a smart contract.
Also it is necessary to note the high professionalism of the team. Specialists, led by Tai Kaish, Pavel Elkind and Roy Meirom, have extensive experience in marketing, software, strategic development, and successfully work in such strong companies as Wix and Intel.
The platform is already running, you can test it https://www.wemark.com/signup
Join the project, create together with Wemark your successful future!
For more information, please see:
Official website: https://www.wemark.com
Facebook: https://www.facebook.com/WemarkOfficial
Twitter: https://twitter.com/_wemark
Telegram: https://t.me/wemark
Whitepaper: https://www.wemark.com/whitepaper.pdf
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