PHOTOCHAIN- THE P2P PHOTO-STOCK FOR MONETIZING YOUR PHOTOS

mdabdullah (48)in #bitcoin • 6 years ago

Photography is the way to capture the moments of one’s life. This is an art, an emotion and a passion through which, one tries to keep the moment framed for eternity. Taking photos is also a form of entertainment. The human life is very short and there is nothing more entertaining than taking pictures of one’s every moment of happiness. But, do you know photos are also valuable for many industries to gain a reputation among their competitors? Photos can be great assets to acquire financial benefits by selling them in the marketplace. There are many companies who wish to buy licensed photos to use them either for their decoration or for using them in their marketing campaigns. Decoration with artistic and creative photos can enhance the reputation of an organization. Quality photo contents protected by copyright protection can display how much a company gives importance to product quality. Moreover, lucrative decoration with excellent quality photos can enhance the mood of customers whenever they see them on the office wall, during their visit. Importance of photo decoration in companies is increasing day by day, as people nowadays emphasize on art and design more than anything else, and nothing is more artistic and eye soothing than a quality photo of the memorable event. Although memorable photos convey great artistic value for people, still there is no platform which can manage proper licensing and trading of photos to authentic customers. As a result, the passionate and talented photographers cannot find a place where they can trade their masterful photographs with copyright protection and at a good price. For that cause, every year photographers are losing millions of dollars what they could have earned by selling their quality photos. But, there is no reliable platform for copyright protection and for selling quality photos. That is why to develop such kind of facility for trading photographs by protecting them by licensing; PHOTOCHAIN has taken an initiative to create a platform named PHOTOCHAIN. This is a platform which is enabling P2P photo-stock for exchanging photos with money.
In this article, I am going to present the P2P platform of PHOTOCHAIN and how it is enabling photographers to monetize their photos by selling them with copyright protection.

PHOTOCHAIN ECOSYSTEM

At present, there is no decentralized facility which provides both licensing and monetizing through a single system. Moreover, the way they are handling the licensing process is full of complexities and legal obligations. The time required for licensing is also very long and it may take weeks even months for getting license confirmation. That is why most photographers are not willing to get a license for their photo assets and they just sell them to third-party platforms at a low price. Some photographers even share them with the social media without expecting any financial benefit. But, by doing so they are not only getting deprived of their rightful payment but also they are risking their privacy by posting them on social media pages. So, to manage all these issues there is no better platform than PHOTOCHAIN. The PHOTOCHAIN platform utilizes blockchain technology and smart contract for providing secure, transparent, fair and efficient photo monetizing system with licensing facility. The passionate photographers just have to register in the platform through a simple and fast registration process and as soon as they get verified they can start trading their photographs to trusted buyers through the decentralized blockchain based network. Photographers can also get their photographs licensed if they wish to keep ownership of their photos by copyright protection service of PHOTOCHAIN. All processes are easy and fast as the smart-contracts are managing the entire financial contracting process by enabling the contacts to be self-executable. So, if you are a passionate photographer then join PHOTOCHAIN and enjoy the facilities of a state of the platform for monetizing photos while keeping them safe by copyright protection.
If you wish to learn more about PHOTOCHAIN platform, visit https://photochain.io. Or you can read their whitepaper from, https://docs.google.com/document/d/1C4UPA9-9o2cOLJOEYMIVwN_Fi3Ebtn2YcRua58hQ7_0/edit.

P2P PHOTO-STOCK

P2P or Peer to Peer service is for trading products, or goods through a trusted network. Within PHOTOCHAIN this kind of service is needed for providing the best trading facility, by keeping traders identity completely anonymous. With the P2P photo-stock system the PHOTOCHAIN is enabling the photographer to trade their quality photos through a decentralized system. In the P2P photo-stock, the system enables the photographers to connect with trusted buyers and the buyers also get the chance to purchase original photos directly from their original owners. After the trading is complete and when the buyer sends payments as PHT token for the original owners, the P2P system of PHOTOCHAIN deliver the payments directly to the photographers. For completing a transaction for both users (Buyers and Photographers) the PHOTOCHAIN takes a small of amount of service charge for maintaining their financial integrity.

PHOTOCHAIN TOKEN SYSTEM

PHOTOCHAIN has its own token system called PHOTON. This is an ERC20 standard token for managing internal payments of PHOTOCHAIN platform. As the token is built on Ethereum blockchain, therefore the token ensures the fund security for all of its holders. PHOTON tokens are the main liquidity for the PHOTOCHAIN platform. The token is used as utility token. By selling PHOTON the PHOTOCHAIN authority is planning to raise funds for their project. For that cause, they have allocated tokens for sale during ICOs. The ICO will be closed as soon as the hard cap will be reached. The hard cap for ICO is set at 230,000,000 PHOTON token. All tokens will be released as soon as the crowdfunding ends. The project has achieved all of its milestones during pre-sale, and it has already sold 42 million PHOTON token in their ICO among 180 million tokens. For getting updates about PHOTOCHAIN ICO please visit, https://photochain.io.

CONCLUSION

Photography is a valuable art. It represents the memory of a man and his emotion. So, it is necessary to allow them to turn their memories into an asset. The PHOTOCAHIN platform is one, which is making this possible. It is an extraordinary tool created by the PHOTOCAHIN Organization which is about to change the lives of millions of passionate photographers who are thriving to take their passion to a professional level. The platform development team consists of photography experts, IT professionals, blockchain and smart contract specialists and experienced financial advisors. So, I think this project will be able to achieve its milestones as the team has planned for it. This is undoubtedly a high standard project. PHOTOCHAIN is a developing platform, and it has a long way to go. So, if you are willing to contribute to the development of PHOTOCHAIN please visit, https://ico.photochain.io/?_ga=2.227513118.209688350.1532315792-656188184.1532315792.