Monday, June 25, 2018
Wemark: A Blockchain-based Marketplace for Digital Content
Hello my dear friends.I want this review to Shine a light on the technological project called Wemark becoming more popular and it attracts more and more new users who have hungry eyes and a lack of information. The latter have to collect the crumbs, check your own time and wallet. To answer the question of which currency is best to invest in, which ICO will shoot at 100%, I can not, but I will try to tell and describe my own vision of the situation. Today we will analyze THE Wemark project. What is this ICO and is it worth investing in it?
Making excellent substance is costly, however the substance can be replicated a boundless number of times with no incremental cost for each duplicate. Hence, content makers are continually searching for approaches to advance and disseminate their work as broadly as could be expected under the circumstances
They are continually searching for better approaches to accomplish this objective. While they need to achieve the most extreme number of individuals, they additionally need to hold the biggest conceivable level of income.
Presently, content makers can permit their work straightforwardly to clients, or, then again, hand over the privileges of that work to organizations and substance commercial centers that will appropriate the substance for their benefit. For the most part they pick the last mentioned, as most individual picture takers do not have the brand acknowledgment to pull in clients specifically
Having an important determination of very much curated photographs is a fundamental piece of making it simple for clients to rapidly locate the best photograph for their necessities. Wemark will constantly refresh curation gauges straightforwardly and utilize the stage's use information to help picture takers in delivering and presenting the correct substance to coordinate the requirements of the present photograph clients.
Wemark's editors will minister photographs in view of our distributed curation norms, we'll
consistently refresh to enhance for speed and quality. Once the framework is set up and scaled, We will place endeavors into moving a few or the greater part of the curation choices into the hands of our locale
The Distributed Marketplace (Our Solution)
The present framework for appropriating computerized content is broken. Makers get just a division of their substance's genuine esteem and surrender a considerable lot of their rights. Content commercial center are getting increasingly overwhelming, while makers are by and large cleared out
behind. The present framework must be supplanted.
Wemark's appropriated approach for digital substance depends on a couple of standards:
* Creators license their content directly to users
They keep all the rights to their content, know who licensed it and control its price.
* Distribution terms and fees/royalties are immutable
Content marketplaces get a mandate to distribute content by “signing” a digital distribution contract with creators. This contract will include a price range for licensing the content, the license to be issued to users, and the distribution fee paid to the platform. Once digitally signed, the contract and its terms are immutable and can only be changed with the consent of all parties.
* Referral programs helps creators and marketplaces reach broader audiences
The community will be rewarded for sharing content and growing the number of users and adoption of distributed content marketplaces
Wemark’s Advantages for Photographers
* Photographers keep all the rights to their content
All licenses are issued directly through the Wemark protocol. Wemark is eligible to distribute the content, but cannot sell or license it without the protocol. The times when creators had to trust marketplace to license their content and report back their earnings are over.
* Photographers control the pricing of their photos.
Wemark will introduce different pricing options and tiers. Content cannot be licensed without the photographer’s approval on price and tier.
* Photographers keep much more of their revenue. No surprises. Wemark sets a new standard with 85% royalty payment to photographers – 5 times higher than the industry average of 15-20%. If we decide to decrease our royalty-rate in the future, it will never affect existing photographers without their consent – their distribution terms are immutable as part of the Wemark protocol.
* Photographers benefit from higher transparency. Wemark’s distributed marketplace approach guarantees, by design, full transparency regarding all payments, licenses and revenue distribution. The protocol will ensure the privacy of customers, while providing a way for photographers to identify copyright infringement, license overuse, use of their photos that should be restricted and other license violations.
* Photographers will be able to trust the system.
The blockchain-based protocol is immutable and autonomous. No one can manipulate the system – the code that operates it will be public and open-sourced. This creates a new level of trust in digital content distribution - everyone trusts everyone else because the system does not require trust to operate.
In conclusion
Wemark will create innovation to enable clients to discover photographs in view of their correct needs (for instance, via looking comparable photographs to a photograph they officially like, or portraying the photograph they require in regular dialect, similar to: "Russian family in get-away with 3 or 4 youngsters"). As we create and actualize this innovation, we will have the capacity to acknowledge more photographs, while as yet enhancing the hunt understanding of clients.
Wemark Token
Wemark is introducing a dedicated token to power a direct economy for digital content.Wemark Tokens (WMK), are intended to serve as a native payment system for the network, and reward all the relevant parties for creating, distributing and promoting digital content
For more information please check the following links bellow:
website: https://www.wemark.com/
whitepaper: https://www.wemark.com/whitepaper.pdf
telegram: https://web.telegram.org/#/im?p=@wemark
facebook: https://www.facebook.com/WemarkOfficial/
twitter: https://twitter.com/_wemark
my bitcointalk address: https://bitcointalk.org/index.php?action=profile;u=1141276
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