Wemark: the Future to Photography

yuvadeep (50)in #photography • 6 years ago

Hello,

Facts of Stock Photography

Usually professional photographs are what people look for when it comes to designing purposes and it is here that ‘Stock Photography’ steps in. However, with each passing day, it is also a difficult task for photographers to get returns on their pictures.

Why?

Because intermediaries that take away most of the royalty; while if we look at current situation then it tells us that about 85 percent of the sale price of photos are of the agencies! Now, this is a huge amount as these agencies hardly put in their efforts but take away sale price!

So you can understand as to who has control over the revenue from these photos. Another aspect that is eating away revenue is the fact that creators have to pass on ‘control and rights of their content’ to these so called ‘agencies’ leaving them with little or no returns.

Birth of Wemark

To curb this trend, ‘distributed marketplaces’ have risen so that content is directly passed on to customers. This would also help in creators having complete control of their content. In order to make ‘distributed marketplace’ presence felt, ‘Wemark’ has come up with a ‘Blockchain based digital content’ known as the ‘Wemark Protocol’.

Wemark Protocol shall be putting in to use Blockchain technology in order to connect content with a decentralized network. Such a system shall automatically remove any sort of agent in Stock Photography. With ‘Wemark.com’ by your side, photographers would be able to reach out audiences whilst keeping content in their name.

On the other hand, customers would be in a position to collect pictures from the photographers directly. This new system of decentralized distributed market place shall be coming along with “Wemark Tokens” also known as ‘WMK’. Hence, third party involvement stands outdated with Wemark structure.

A Win-Win Situation

Obviously, it is a win-win situation for all the individuals involved in gaining access to professional photography! Reasons being ‘content creators’ get a distribution platform where they retain revenue of the work done by them; while on the other hand, individuals looking for qualitative content receive it directly from the origins.

Ethereum Blockchain

Wemark Protocol has been built on a platform that not only backs digital tokens but also smart contracts and it is none other than the Ethereum Blockchain! Due to such a setup, there is transparency in the working system of Wemark Protocol wherein data related to transactions, content, customers as well as creators would be registered on ‘Public Blockchain Ledger’.

The most important aspect here is that this data is going to be in encrypted form for privacy reasons and it will be accessible only if you are aware of the system and have proper documents (read access) to the ledger.
Finally, to understand if ‘Team of Wemark’ is on the right track then user’s feedback is also necessary. This would ensure that improvisations are done on regular basis and nothing remains stagnant.

To help you understand working of Wemark, you can read “Roadmap of Wemark” along with having a look at the “Brains behind Wemark Protocol”, a new beginning to Stock Photography!

Roadmap of Wemark