This is the best century that has brought the best innovation and era of internet, with the use of internet the public has been so relaxed in running their business. Organizations are no more finding it difficult to send a message across to their client because the email is available for them to deliver their message as fast as possible. Information is sent and received in the blink of an eye through the use of the internet. The Internet is the best development that has helped to bring people in all part of the world close. Through the social media, you can reach anyone in any part of the world, you can buy and sell from and to anyone in any part of the world through the use of the internet. People are able to access the market through the internet. Block-chain and platform are developed to help the public invest their income in a small token and aim huge amount of money. Professional team members have helped to bring the artist into the public market where they can sell their digital works through a platform called photochain.
Photochain is a platform that uses a pair to pair (p2p) trading of digital work between artist and buyers. By doing so, the specialized terms of use for this platform ensure a secure, uncomplicated and a fair trading process for artists and their customers. Moreover, the artist receives up to 95% of the final selling price. Currently, there are no much option for artist who wants to earn money in a fair way by selling their digital work, mostly the amateur photographers and the hobby artist who has not attained a high level of name recognition, this platform will enable them to sell their works at high prices. Through the development of the photochain platform, there is a possibility for artist to sell their work directly to their customers, on their own terms. Photoochain is a decentralized platform that uses smart contracts based on the ethereum blockchain. The smart contracts ensure the security of transaction on this platform. When a sale is made, the seller is paid and the buyer receives the purchased picture simultaneously. Photochain does a centralized authority to ensure the correctness of transactions. This reliability is inherently contained in the blockchain technology and the photochain platform has been designed from the ground up to solve the problems of traditional stock photography platforms.
Although artists can reach lots of potentials buyers by putting their digital works on other platforms, they only receive a tiny percentage of their sales price. Photo stocks can receive up to 90% of the profit margin, also the platform is characterized by stringent requirements concerning the conditions of participation for sellers. Due to these challenging conditions, the artist is obliged to publish a substantial number of images in the hope of being able to compete against the immensely high levels of competition. Moreover, problems for sellers include the fact that it’s not possible to set his own price, long waiting times for verification of the content, a large number of rejection of the work by the photo stock platforms, as well as long time intervals between the payment. On top of this, the machine learning is employed by photochain as a solution to the other problems photostock exhibit and the wisdom of the community oversees the platform as a whole. the diagram beneath demonstrates the vision of this great platform.
Photochain gives a clear advantage over conventional photo stocks to both kind of users; contributors and customers. Contributors at photo chain benefits from an extremely low fee, only 5% of the selling price. This opportunity to keep 95% of the final price allows contributors to offer their work cheaper, and consequently, the market becomes more affordable for customers. This type of fair market not only benefit users but benefits the photography industry as a whole, as the possibility of increased income incentivize contributors to perform better. Join photochain platform https://photochain.io and make your dreams come through.
TOKEN DETAILS
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
ICO: The token sales will starts on the 5th of April 2018
You can get more information about photochain on their whitepaper@ https://docs.google.com/document/d/1C4UPA9-9o2cOLJOEYMIVwN_Fi3Ebtn2YcRua58hQ7_0/edit?usp=sharing
You can also follow their twitterlink @ https://twitter.com/photochain_io
Or you can join their instagram on https://www.instagram.com/photochain.io
the video beneath show more things that you will be interested on about the project.
Authored by: colvis
BTC profile url: https://bitcointalk.org/index.php?action=profile;u=1168045
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