Photochain revolutionizes the status quo of photography trading. It is a decentralized, peer-to-peer image platform on blockchain with fair conditions, attractive incentivation mechanisms, lowest fees in the market and full control over the content, price and license type for the photographer. On the IPFS Photochain database, each uploaded photo is linked to a photographer through a blockchain transaction. This link cannot be removed or manipulated in any way. Photochain is in the pole position and ready to disrupt the monopolized photography industry with a great, experienced and influential team and board of advisors.
They recently won 3rd place in the ICO Pitch Competition at the Blockchain Leadership. Thanks to our attractive demo MVP, the judges could see envision exactly what the final product will look like in addition to what we will achieve for photographers.
They are partnered with the highly rated Blockchain Zoo (top 3 blockchain consulting firm world wide).
Photochain is created around 4 key pillars.
P2P Marketplace
They want buyers and sellers determine their own terms of sale, so we allow them to trade directly with one another. Using blockchain to remove the need for costly processing, we guarantee photographers to receive 95% of the earnings from their works.
Easy Onboarding
A simple identity verification for all photographers. Unlike with traditional photostocks which require lots of prerequisites, a user can be actively selling work in minutes. The removal of prerequisites further allows the platform to be fully accessible and profitable to hobby, amateur and professional photographers alike.
Digital Copyright Chain
Their decentralized database ensures each uploaded photo is hashed into the blockchain and permanently linked to its owner. This link cannot be changed removed or manipulated in any way. Any further uploaded image is also hashed and compared to the existing DCC for copyright fraud. Additionally due to the permanent link, any misuse of the image outside of paid licenses is easily detectable.
Crypto Economy
They are helping to build a crypto economy, where we have more control over our data. A fairer economy where you are rewarded for your work. They believe photographers deserve fair compensation for their efforts and their creativity.
Disclaimer:
We are not an employee nor a paid endorser of Photochain. We do not also advice readers to buy or invest on Photochain ICO. We create awareness on different industries where blockchain is being used or applied.
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