Monday, April 23, 2018

Wemark(WMK)-Licensing Digital Content Directly to Customer


If you can find information, in recent years, the amount of digital content, such as photos, music and video, has skyrocketed, but it has become too centralized with a small number of companies that control much of the distribution, which means that the creators have to sell their contents and check their rights, large revenue generated by their content, to participate. Distributed markets allow content creators to license their content directly to customers while maintaining full control over their content rights. Wemark, this is the beginning, supported by VC, based in Israel, and by San Francisco, which has developed a distribution system based on blocknostey for digital content, applying our concept of “distributed market”. The core of our strategy is the Wemark protocol, which uses blockchain, which allows you to create a distributed market for all types of content and connect it to a decentralized network, creating an alternative distribution system without intermediaries. The first use is Wemark.com, a distributed market for repertory photography. Photography is a super-focused $ 4 billion industry, with institutions like Shutterstock and Getty Images controlling most markets. Because customers have dealings with agencies, not directly with photographers, photo agencies have created many the critical customers. This remains for limited alternative photographers, but to provide most of their rights, control and photographic income to these institutions. What will not happen long before it is enforced as a whole, because the system is already available and you can now download your photos. However, since the niche, which works by word of mouth, is a very powerful thing, you will see a continuous movement of people coming.
Key Functions
Keep control
This platform allows developers to directly access customers by granting their licenses without intermediaries. This means that they retain control over their content, which includes content and price rights.
Transparency
Due to the block base, all payments and transactions made are easily monitored or controlled by all parties involved, ensuring maximum transparency.
Payment is faster
This platform accelerates transactions in the digital market sector, as transactions take place through a chain of blocks that automates the allocation and administration of payments.
Incentives
Platform users can easily get tokens by targeting more people to the platform or by promoting products on the platform.
Favorable conditions
Between the creator and the platform, the sales contract will be signed, which is included in the block. Therefore, there is no change or violation of the agreed conditions.
Wemark Token (WMK)
Wekmark will depend on the Ethereum network with ticker (WMK). The total amount of the offer will be $ 135 million with chip sales, as of May 7, 2018. The minimum allocation of $ 1.5 million (USD) with very reasonable capital is capped at up to $ 8 million.
Now Its ICO Time
The WMK token is a financial payment for its own use in the Wemark ecosystem, as users pay for the content they find on the platform, and that’s how artists earn their earnings and benefits. It is also a tool offered by companies to finance the development of its activities, proposing public sales. The marker was developed using the ERC-20 protocol offered by Ethereum Blockchain. 135 million units will be in the hands of the company in the chip production, to be held from May 7 to May 21, 2018. The company must reach a maximum of $ 8 million to be considered successful, but can handle soft cover of $ 1.5 million to continue working.
The Road Map
The project began in May 2017, when the company proposed a preliminary launch to prepare the launch of the creator’s waiting list. In September 2017, the waiting list was created. It has been quite successful because the first week has been recorded by more than a thousand photographers. At the beginning of 2018, Wemark published its first product. The advisory committee was announced the following month, followed by the announcement of the Wemark partners. In April of this year, Wemark launched a white paper and its website and announced TGE. Next month, which will be held in May, will be held by TGE. After the end of the sale in June.
Moreover-Wemark(WMK)
In many areas, there are many problems, but they often see ways to ensure that large companies produce pleasant conditions, while manufacturers lose content. Wemark proposes to modify this advance in the photographs, where it is observed that the media are not only poorly paid photographers. But the ownership and use of the photos can not be controlled by the photographer. Wemark does not seek to be a more centralized media giant, but uses the protocol to complete the transaction between buyers and producers. This eliminates the need for a third party, due to the use of contracts that are stored in the block of the chain with total transparency. Instead, allow buyers and sellers to focus on digital media. It also reduces costs and costs for all parties involved, since the token can be used directly, which also eliminates some of the problems associated with transaction costs, currency conversion and other problems. But in the end, instead of attracting Getty and others around the world, 85% of image revenue is needed. The photographers themselves will receive the money, which will help support and develop the large industry, which has a high demand from customers and creators. However, the elimination of some cups of greed that the author can invest more money in their equipment, in their positions and, as a rule, in a better return on investment.
The Conclusion
The WMK tokens are designed to allow creators to grow as entrepreneurs. With an increase in revenue, it is unlikely that these professionals are not in a difficult position to produce content on the stock market without a purpose. Independent photographers can find the time to develop their own style and cover the costs of more detailed the photo sessions. The token also the serves as a tool for partial ownership of content agreed with customers, allowing you to share ownership and revenue based on the success rate and impact. If you want more details about this project, you can use the following links to know more about this project.
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