Getty Images

Wemark: A New Disruption In Photography Content Market

Wemark: A New Disruption In Photography Content Market

The Domination and Injustice

The market for photography content is being dominated by two big players who are the shutter cock and Getty Images. These two companies are charging the ridiculous amount of fee to the content creator, to the point where the companies are retaining up to 85% total value of one creation and leaving the photographer only a fraction of their profit. This is demeaning and degrading since the creator are struggling so hard to acquire the photos, and therefore should be rewarded more for their hard work. However, that is don’t happen since the companies decided to keep the profit high while the creator’s appreciation low.

There are many issues concerning the current photography market ecosystem. Here are some of the issues:

  1. Rejecting transparency

As we have stated before, the big companies are keeping most of the profits and thus leaving the creator scratching their head for such unrewarded effort. Unfortunately, there are no official statement or the system explanation concerning their form of business or their payment system, and it means that they keep the profit high is they want to make it high. This is outrageous and needs to come to an end as soon as possible.

  1. Unrewarding process

Photography is not an easy task and an easy job. Photography is more like an art, rather than randomly flashing your camera to a random object. Sometimes, finding such object need a harrowing struggle, such as climbing the peak of the mountain, diving to the ocean, taking a very rare occasion photo, and so forth. Photography requires the high amount of patience and resilience and therefore need to be rewarded. However, unfortunately, the market didn’t allow them to have a great profit. Instead, they are just being paid with only a trickle of their hard work. This is indeed discouraging the entire photographer, and thus need to be changed.

  1. Copyright

This is the sad truth that is hampering the photographer. Once a creator uploads a picture to the image Getty or the shutter cock, they are the one who retains the right of the photos, and thus making them the sole controller of the price where the creator is kicked out of their place. This is sad since the creator knows how hard the photo can be taken, and thus they know how worth their pictures are.

  1. Centralized

What we mean by that is, the process of the pictures submission and the payment fee is mostly one-way process. It means that the process cannot interfere with anyone and anything, even the creator itself. Moreover, the creator doesn’t have any other alternatives since both companies are the only companies that pay them for their pictures, and therefore the creator must submit to this system regardless of what they feel.

Those are the existing issue that is cycling amidst the pictures market, and this is discouraging the content creator, which is the photographer. In this era of digitalization and information, it is time to set free the market of photography from the crippling ties of the big company and search for a new alternative that is more rewarding compared to the previous one.

For further information you can access the links below:

https://www.wemark.com/


Wemark As A Disruption In The Current Ecosystem

What we need more now is a disruption to open a hole in the market, and offering the new alternatives for all the content creator, and thus making them more rewarded for their hard work. Moreover, fortunately, such disruption is already emerged called the remark. Wemark is a blockchain powered startup that will try to pay more for all the photographer and to provide them the justice and transparency that they deserve. Here are several features of the wemark that we know about.

  1. Decentralized

As with any other blockchain related startup, they are always decentralized. Both are determined not only by the companies but to all the user as well. In this context, the user is the creator of the photos that are selling their photos within the system. That is just how the blockchain works, which require the feed from the user for the transaction to occur. By this system, it means that the companies and the creator can appraise the photos and determine the prices tags per photos. Moreover, this is a revolutionary way since no other companies are implementing this system, except the blockchain powered companies.

  1. Transparent

Transparency is just what the creator want. They want to know how much their pictures are being charged, and what happens inside the system. They also want to know how they value their work and setting the prices per photos. Such occurrence did not occur in the old ecosystem, but it did happen in the wemark. The blockchain and the smart contract system will be applied to provide transparency to all the creator concerning what happens to their pictures once it has already entered the market.

  1. Owning license and right

Previously in the old ecosystem, the creator are stripped of their right and need to report back whenever they are already making profit outside the ecosystem of the companies. That is awful since the creator is removed away from their creation and thus leaving them clueless what to do with their photos since they are no longer have right to distribute it without the consent of the companies. That time is over since the ecosystem of the wemark is giving the right of the photos to the creator, which is obvious. It means that the creator can do whatever they want in their photos, which is also evident since they are the one who creates them.

  1. Better prices

The prices that are being set by the companies are high and unrewarded since they need to deal with the third man or the third parties, which is the company itself. You may think that the wemark is also the third party like the other companies, but that is wrong. Wemark provides the place where the creator and the market can meet and thus making the creator having more money and reward rather than only a fraction of money compared to the previous ecosystem.

  1. Trustworthy system

Moreover, final, above all the benefits that will be obtained by the creator itself, is that the creator can trust the system since the system itself is running autonomously and unable to be manipulated by everyone or everything. It will scan your photos, where you can set the price range, and conduct the transaction directly to the buyer and so forth. No more companies interference, no, more one-sided and injustice companies decision.

So as for the process, it is somewhat natural and familiar. What you need first is to sign up by creating the account of the wemark platform.  After you have successfully created the report for the platform, then you can start uploading photos to the ecosystem where you can set the range prices per photos, and then let the platform do the work, which is by displaying the images the world. It is an easy and straightforward process where it will benefit all.

For further information concerning the system and the platform, you can access the links below.

 https://www.wemark.com/whitepaper.pdf

https://www.wemark.com/


The TGE and the Current Process Of It

The most distinct and distinct process of the startup platform is their TGE or token generation event. However, first, let we explain the usage of the token itself. The symbol is the primary currency that will be used to perform the various transaction within the system, such as receiving payment, and so forth. There will be no other currencies to be used inside the platform, just the wemark token. That is just a common market practice by the platform to ensure the value of their symbol.

As for the usage of the token, currently, the token will only be used for licensing and accessing the photos within the system of wemark. However, there will be several advancements of the usage of the token, such as the ability for the creator to hire the model, hire the lawyer or legal team, even selling their photos with token and receive the payment with token too. That will increase the practicability of the token so that it will be used outside the system also. However, since the token itself is preferably flexible and inside the ethereum system, it is possible to exchange the token to the flat currencies and gaining the reward since the token itself comes with the form of investment, just like any other token inside the ethereum system.

Also, as for sale, they are rather different from the rest of the cryptocurrency in the business. First, they provided an insufficient amount of information concerning the sale, but here what we know concerning their sale:

  • Total token supply 135 million token
  • TGE starts on 24th July and ends on Aug 7th, 2018
  • The soft cap is about 1.5 million dollars
  • The hard hat is about 8 million dollars

At first glance, we already know that there is a huge difference between this platform and the other. First, this platform is having a meager amount of the total token supply, which is about only 135 million token.  Moreover, that is a dwarf compared to the other startup which is reaching for about billion of the total token supply. Also, the second, there is no division of the sales, meaning that they are only deploying one sale period, which interestingly called the crowdfunding rather than the main or the pre-sale just like any other platform. Also, when we look at the period of the sale, we know that the period is only roughly two weeks, not a full month period.

However, that seems not an issue since all the platform has their right to move and shape their own business. And thus this is advantageous for the platform since the token worth more dollars compared to the other token type. The price of the token is about 0.20 dollar per token, that is a very high value for such a token, where the other token is usually having more digits and thus lowering the cost of the token. This also means that the investment by using the token is rather prospective and valuable compared to the other token platform since the initial base value is already high. After the vesting amount of time has elapsed, you can exchange the token for the fiat currency and obtain more money in the process.

As for the token allocation, here is the proportion for each party:

  • Token sale 38%
  • Reserved for community reward and economy scaling 37.5%
  • Advisors and partnership 12%
  • Founding team 11%
  • Bounty program 1.5%

This is another surprising fact about the platform. We can see here as the token allocation is lower compared to the reserves and the community reward. It means that the platform will concern the compensation for all the photographer to encourage them to use more photos and therefore to make the platform becoming more and more lively and accessible. This is hugely different from the other platform where they are portioning a considerable amount of the token in the token sale.

The reason behind this reason is that the customer still actually allowed to purchase the pictures using the flat currency such dollars. However, as the time goes, more and more services of the platform will be using the token only, and thus increasing their usefulness and rising their value. That is actually very different compared to the other platform where they don’t have a stable community, and therefore they don’t need to worry about the community reward, but once again, that is just what the varieties of business are.

If you are a photographer, it is natural that you want to make a living from your pictures and skills. Searching for a platform that will justly reward you is hard, and therefore you can choose the wemark for your business partner.

To know about the sale and the token, you can visit one of the websites below:

https://tge.wemark.com/

https://bitcointalk.org/index.php?topic=3347524

 

Social Media:

https://www.facebook.com/WemarkOfficial/

https://twitter.com/_wemark

https://t.me/wemark

The Wemark Platform Comes as the Newest Digital Content Market with Decentralized System

The Wemark Platform Comes as the Newest Digital Content Market with Decentralized System

Digital content is one of the formats of text, writing, pictures, video, and audio. To be able to see or listen to it then required a combination made by the reader to form the code. In addition to reading, digital content can also be displayed or played by a digital machine as well. Ease of access becomes one of the hallmarks of digital content. You can also easily share them through existing digital media. In submitting and distributing files, you do not need any costs like sending content on a physical product. You can even share them for free and take a short time. With internet access, digital data exchange can be done without obstacles and expensive cost. One of the high digital content is photos. Lots of contributors from photos circulating in cyberspace. Anyone can quickly get photo content. Of the millions of photos available, there are very few companies that shelter it. It indeed will provide benefits that are less than the maximum for the photographer.

Awards to photographers should be appropriately provided. It is related to its contribution to the global world with the photos. The platform will make it easier for photographers to have more revenue. Approximately 85% will get a photographer from the sale of content. Implementation of content sales system in Wemark will be different from stock content. Wemark has its concept to provide convenience to photographers and content buyers. As a digital startup platform, Wemark will offer system services with blockchain based. The use of previous blockchain technology has provided the ease and speed of transaction settlement. You will be confronted with cryptocurrency where there will be a Wemark token as a valid currency in the ecosystem. Enhanced features and marketable digital content will complement the ease. The digital content market will use smart contracts in exchange, so it will make it easier for both parties to transact.

The Wemark Market will be one of the best solutions for photographers to gain a reasonable appreciation. The photographer can determine the price set for sales. Content uploaded on the network will also have its license. Licensing will be stored in the blockchain network so it can not be changed. The blockchain network will support a decentralized system so that the ledger used for transactions will be distributed. A blockchain network is used because it has high-security standards because the ledger will only be accessible by authorized parties only. The market concept offered will also provide transparency so that nothing is covered. Awarding will maximize the work of the photographer. The Wemark platform aims to increase the income of photographers. The platform will provide convenience in revenue and marketing on a global scale. Immediately register as a photographer via the Wemark web page and distribute your photo. The overall concept of platform establishment will be explained in the white paper. To get it, you can also register your name and email address on the website.

Ann Thread: https://bitcointalk.org/index.php?topic=3347524

Website: http://wemark.com/

White Paper: https://www.wemark.com/whitepaper

What is a Wemark Ecosystem?

Wemark is one of the digital platforms established to move on the digital content market. Wemark aims to make it easy for contributors to maximize revenue earned. The system run on Wemark will have high transparency so it will provide clarity of income sharing to the photographer. The establishment of Wemark is based on a community of independent and eminent photographers. In the ecosystem, participants will efficiently provide photo licenses directly to users of other ecosystems that require digital content in the form of photos. Distribution of digital content can be done directly by the photographer without an agent so buyers can get an affordable price and photographers can also gain more profit. Photographers can know for sure who is using the license.

Wemark will have a role as a maker, marketer, engineer, and designer. The spirit of Wemark to make a difference to the content distribution and process change made for payments within the ecosystem. Selection of blockchain technology will provide peer-to-peer transaction opportunities between users and content creators. The implementation of peer-to-peer interaction aims to provide certainty of transaction security. Direct communication can also make it easy to get genuine digital content products. The most important thing is the transparency of the system implemented by Wemark. As a startup platform, Wemark has gained support from leading global investors. The Wemark establishment is also supported by an advisory board that includes the top names in photography stocks, online markets, and blockchain technology.

The Story of Wemark’s Establishment as a Digital Content Market

Wemark is an ecosystem founded by Tai Kaish who now has the title of CEO and CO-Founder. Having experience as a digital marketer for more than ten years, Wemark has been well aware of the growing popularity of leading digital content brands in Israel, startup organizations such as Leumi Bank, Weizmann Institute, BufferZone, etc. Kaish thinks marketing is just the size she uses to promote her product, business, and all the things she loves. He also argues that he is a lousy marketer if it gives confidence to the product being sold. For Kaish, the marketplace is one of the dreams that is realistic because it has a great way in the presence of fresh products and services. The market is one of the tools that can be interesting in offering to the public at large and will give an interest to what is provided.

The role of the market can occur when two parties agree to transact directly. Rating and review can be one of the services that can be accessed in the future for a better quality market. The establishment of Wemark began in April 2015 by providing market sellers. Functions and features start with the provision of marketing tools to help photographers and contributors achieve a global reach for their micro businesses. Wemark has used the conventional technology applied for market use to reach six different continents. Increased sales can be made with marketing campaigns. One thing to note in market development is the interconnection between the seller and the customer that will strengthen the market. The establishment of Wemark will be a new moment where the system concept is run using blockchain technology. Photographers will gain ease in licensing and transparent transactions.

Wemark Use Photo for Distribution of Digital Content for The First Time

Some of you might ask why should the photos be distributed? You need to know that photo is one of the centralized vertical digital content. In the digital content industry, most markets are controlled by Getty Images and Shutterstock. It shows that there is still a vast and open opportunity to create a digital content market. The system applied to the digital content market previously still gives full control over the photographs provided by the photographer. It does not offer transparency transaction that regarding the results obtained in the sale of photo content. The rights that should be owned by the photographer are not given entirely so that it will provide the limits of income earned by the photographer. Wemark offers different concepts by maintaining up to 85% income for photographers. That means the platform will take 15% only. It will make it easier for contributors to have maximum revenue from work.

Photos become one of the most content-filled digital content when compared to other digital content. The creation of photo content is promising if photographers can get their full rights to the ecosystem. Photos also become the most preferred by the audience of digital content because it has its uniqueness and beauty. The shooting side can also be a quality factor of the resulting image. The price offered for a photo may vary according to several factors that photographers want to take into account. To know the concept of running the Wemark ecosystem, you can begin to register your profile through the website page. Begin to publish your work to the global community and benefit from the digital content market. Currently, more than 40 thousand photos are in the ecosystem of about 3000 contributors. Now it’s time for you to join and show off your shots.

Roadmap of Wemark Project Development

The development project of Wemark project has been started since 2017. That year, the team has raised the pre-seed round and joined the NFX silicon bee as an accelerator and get 150 million USD funding with market specialization and securities network. The team has completed pre-seed fundraising with a total of up to 1 million USD. Ecosystem development continues with the launch of the creator waiting list that was held in September 2017. Contributors can join early, and the platform has managed to get 1500 professional photographers in the first week. It bodes well for the establishment of the platform. The platform outline can also be seen from the launch of alpha versions made in January 2018. In the alpha version launch, there are thousands of photographers joining over 20,000 pictures sent to the ecosystem. In February 2018, the team appointed a top advisor to join the board and continued by announcing the first content partner in March.

Partnerships are conducted with the world’s largest content providers such as Getty Images. Then in April 2018, the platform has released Wemark’s white book for the next new TGE site. Whitepaper’s release was launched to provide detailed announcements from the final TGE. TGE will be conducted in May on the 7th and only lasts for two weeks after the whitelist period. Platform plans to launch alpha wemark.com version in June 2018 as a fully functional market. Transactions, licensing and distribution of payments will begin commencing after the alpha version launch. Wemark initial program will be launched in Q3 2018. The program is targeted at designers and journalists from the renowned advertising or design industry. Special platform allowances may be received by participants in particular for a fully guided onboarding process. Support for new payment methods may be implemented in Q4 2018. In addition to Wemark Token, the plan of payment can be made by credit card, wire transfer, BTC, ETH, etc. The payment method will provide support for the purchase of WMK as a token compatible with Wemark. The launch of the Beta version will take place in Q4 2018 with the presentation of a more impressive and extensive photo collection. In Q1 2019 the platform will provide support for new content like illustrations, vectors, stock music, videos and 3D models.

Join Crowdsale for Get Maximum Benefit from Token Wemark

Wemark will be the market with the latest concept because it uses blockchain technology with the decentralized system. The platform also provides convenience with transactions that can be done transparently. You may need to join the Token Generation Event (TGE) which will be held on June 7th. Do not let you miss it. You can register through a web page. You can complete your full name data and email address for pre-token sales list. The crowdsale implementation information will also be provided through the email address you provide. You will always get word from the platform about the development of ecosystem establishment. In addition to submitting on the website, you can also follow Wemark’s social media account. You can choose one or join all accounts like Twitter, telegram, and Facebook. Any progress information from the project will also be provided through social media.

Your contribution to Wemark Token must be made immediately because the number of tokens distributed to the public has a limited amount. Total token distributed is 135 million. The platform also implements a lower limit of 1.5 million USD and an upper limit of 8 million USD. The rule is that when the soft cap is not achieved then all funds that will be awarded will be given back to the contributor. However, when the sale has reached hard cap before the time of purchase ends, then the transaction will be closed soon. The token price per USD is 0.20, and the sale will only be for two weeks. The distribution of tokens in sales will just be given as much as 38%. The remaining 37.5% will be awarded for community awards and economic scaling. The platform also contributes to 12% advisers and partnerships. The founders and employees team will get 11% contribution. The rest will go to Bounty program at 1.5%. Immediately join the token sale event so you can gain ease in transacting in the Wemark digital content market.

Social Media:

https://www.facebook.com/WemarkOfficial/

https://twitter.com/_wemark

https://t.me/wemark