Wemark - Blockchain based decentralized marketplace for the digital content industry

in #ico6 years ago

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The Internet is now very popular. But creating high-quality content for it is not an easy task. Therefore, it is also expensive due to the excellent quality of the contents. However, it is very easy to copy an unlimited number without paying a fee. For this reason, there must be important options for content creators to be able to promote and distribute their work as much as possible.

Incredible as researching and reading one discovers truly centralized industries that end up practically taking all the income of the sector, and although it is hard to believe these are the companies that produce less content, simply their platforms are capable of storing content of millions of users that they then sell and they keep the best part.

It is necessary to reach more people to increase their income. Today, creators, especially photographers, have some options to distribute their work to their customers. First, they can license their content directly to users, or they can use the services of third parties, such as content markets and agencies. The second option is more favored by new photographers.

An incredible fact that I found within the industry of the archives coming from photography is that approximately 85% of the total profits are controlled by the digital content companies without these having contributed content of value to the network, it's simply a figure catastrophic, meaning that only 15% is paid to the creators of content.

It's hard to believe that a market like this is so important today, knowing that most of the content we consume today contains digital material managed by approximately 100 companies around the world, who call at the cost of thousands of people the largest distributors of digital content in the world.

That is why Wemark's interest in decentralizing this industry, although it will not be an easy process, the solutions proposed by the blockchain will have to be much more fair and attractive for content providers, if we follow the line that what remains In time it is always the most efficient for the individual, we will surely have a more just environment in this sector.

And well what this company proposes is to devise a free market where content authors remain at all times exercising control over copyright, allowing them to keep virtually all profits.

The new intermediary of this negotiation will be the chain of blocks and the Wemark protocol, which will not keep the rights of any user, will simply serve as a payment platform and Marketplace, where the author keeps 85% of the income from the direct sale of his photographs and the Wemark Marketplace keeps the remaining 15%, undoubtedly a change in the sector of 360 degrees.

The idea is causing quite a sensation among the creators of photographic content for the month of May, more than 300,000 photos were reported uploaded to the Wemark platform, which is currently in the ICO stage issuing its token WMK has not been able to open its Marketplace for sale as this WMK token will serve as a transfer of value between both parties.

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Mission

Wemark's mission is mainly to allow photographers to control the content they produce and know directly from the customer. As a vision, it is to create the first concentration of many industries connected with Marketplace 2.0 concept. It is targeted to grow by making it more widespread. Wemark's vision is to create a growing and rich digital content economy. Content creators are fully supported by a blockchain-based protocol that works for all community members, including users and marketplaces.

In distributing the creators' digital content, Wemark uses some principles called the Wemark Protocol. Smart contracts are based on a number of protocols. All digital content is used to reinforce distributed exchanges. The protocol is the key to all operations in the platform, such as licensors, accesses, payments, and revenues for content creators, marketplaces and referrals.
  • Live License: Creators license their content directly to their customers.
  • Strong Delivery Conditions: Mutually accepted conditions are recorded using block-chain technology and can never be changed.
  • Automatic Payment Distribution: Block-chain technology helps make payments transparent and secure.

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Thanks to Wemark, the photographers will make more money because the vehicles are now removed from the center. Wemark Tokens allows the platform to become a part of the economy and value for both customers and photographers. Thanks to Wemark, photographers will protect their rights to work. They can also check the price of their content.

More importantly, they can earn higher revenues than traditional marketplaces. All processes in content distribution up to revenue breakdowns from licensing are carried out with full transparency. In the meantime, customers benefit from modern and relevant photos, better prices and community support.

For more information about the project and the opportunities to participate, go to the links below:

Website: https://www.wemark.com
Whitepaper: https://www.wemark.com/whitepaper.pdf
Telegram: https://t.me/wemark
Twitter: https://twitter.com/_wemark
Facebook: https://www.facebook.com/WemarkOfficial/
Blog: https://medium.com/wemark-stories
Reddit: https://www.reddit.com/r/wemark/
Linkedin: https://www.linkedin.com/company/6397171
ANN: https://bitcointalk.org/index.php?topic=3347524

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Wow! this is great. I have heard about wemark a couple of times but never came across a clear review like this. I'm grateful for this review because it is very interesting. I'm now thinking of doing more research and trying out the platform. Thanks @vital-bd

Great review! thanks

Licensing of photos without participation of any agency is a near future! Useful project, I like this project! This is one of the most significant projects this year!

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Everything is clearly and clearly painted. Thanks to the author for the quality review.

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