Wemark: revolutioning photography industry

  • Introduction

    Hi dears, another interesting project is being started. First of all, for who missed the previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.

    All this racket of cryptocurrency has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of blockchain technology.

    The blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc. An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.


    So, why Blockchain? The reasons why more and more sectors and services use blockchain technology are many and all valid. This helps reduce fraud and pave the way for trust while tracking the accountability of trust, while tracking the accountability of the processes that took place beforehand. It also facilitates sharing, since you can share the transaction history. The chain of blocks also leaves room for the development of the ledger. Once executed, the records cannot be deleted and are immutable. The only thing that must be done after committing an error is to execute another transaction to compensate for it. Finally, the blockchain technology is splintered, which makes the process very authentic. The more data is shared, the stronger the network becomes. In short, The blockchain is a p2p transaction model that does not require a third party during transactions and revolutionizes the global landscape of digital payments. With origins in Bitcoin, the applicability of blockchain technology now extends far beyond digital payments; It extends to many different industries, including the financial, governmental, healthcare and telecommunications industries.

    After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc.

    As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems.

    Currently, photography, music and video have exploded in recent years. However, not in the best way. Today, we can see a super-centralized market with a small number of companies that control the majority of the distribution. As a result, distributed markets allow creators to license their content directly to customers, keeping them in full control of the rights to their content.

    For this reason, I want to introduce Wemark, the digital content market based on the blockchain technology, starting with the photos.

    Video Presentation


    As I said before, Wemark (WMK) (https://www.wemark.com/) is a different type of stock photography market. In other words, it is the digital content market based on the chain of blocks, starting with the photos.

    With Wemark, creators license their content directly to customers through the blockchain. They keep much more of their income and rights over their content, while customers have access to better photos at better prices.

    With this platform, photographers license their photo directly to customers without intermediaries, so customers get better prices. In addition, they can earn more for their work thanks to Wemark , which sets a new standard for stock photography royalties. Using the blockchain and smart contracts, a new level of transparency is guaranteed and transactions become immutable. As a next generation platform, Wemark supports its own digital currency (WMK), which allows both customers and photographers to be part of the economy and the value of the platform.


    The most important thing for Wemark Project is to create a token, called WMK token, which allows creators to receive payments directly from customers and pay for all services related to the creation, protection and distribution of their content.

    Airdrop and Bounty program
    The project gives the opportunity to earn Wemark (WMK) tokensperforming some social media tasks and doing simple steps from the bounty program explained in the Bountytalk Platform. Here (https://bitcointalk.org/index.php?topic=3293253) you can access the link in order to see what are the conditions to become an early WMKcontributor and start acquiring tokens.



    May, 2017 - RAISING A PRE-SEED ROUND AND JOINING SILICON VALLEY ACCELERATOR "NFX"Completing pre-seed fundraising of $1M from leading seed-stage VC's in the US and Israel. The team joins NFX accelerator program - a $150M fund that specializes in marketplaces and network effects.
    September, 2017 - LAUNCHING THE CREATOR WAITING LISTLaunching a waiting list for early contributors. More than 1,500 professional photographers signed up in the first few weeks.
    January, 2018 - LAUNCHING "WEMARK FOR CREATORS" ALPHA VERSIONWemark launches its very first product - enabling photographers to create a profile, verify their identity and submit images for review. Thousands of photographers signed up with over 20,000 submitted images.
    February, 2018 - FEBRUARY 2018 – ANNOUNCING WEMARK'S ADVISORY BOARDAnnouncing the first advisors to join the company's advisory board, including Lars Perkins (founder of Picasa - now Google Photos), Keren Sachs (former content director at Shutterstock) and Lee Torrens (marketplace lead at Canva).
    March, 2018 - ANNOUNCING FIRST CONTENT PARTNERSAnnouncing exclusive strategic partnerships with the world's largest content providers in stock photography, including Getty Images top provider - "Caia", with over 20,000 premium images submitted to Wemark.
    April, 2018 - RELEASING WEMARK'S WHITEPAPERWemark launches a new TGE website, releases the Whitepaper and announces final details for the TGE.
    May-August, 2018 - TOKEN GENERATION EVENT (TGE)
    Wemark.com will be launched in alpha as a fully-working marketplace, including transactions, licensing and payment distribution.
    Q3, 2018 - LAUNCHING WEMARK PIONEERS - WEMARK'S EARLY CUSTOMER PROGRAMLaunching an early customers program - "Wemark Pioneers". The program is aimed at designers and journalists from leading advertising/design firms, top brand in-house design studios and renouned publications. Participants will receive special platform perks, fully-guided onboarding process and of course, lots of Wemark swag as gratitude for their support.
    Q4 2018 - SUPPORTING NEW PAYMENT METHODSIntroducing one or more payment methods for customers other than Wemark Tokens, including credit cards, wire transfer, BTC, ETH and others. All new payment methods will be aimed at assisting customers with purchasing WMK - the only compatible token on the Wemark Protocol.
    Q4 2018 - LAUNCHING WEMARK.COM BETA VERSIONWemark.com will be launched in beta - improving search and UX and presenting a convincing and wide collection of curated photos, all ready for licensing directly from their creators.
    Q1 2019 - SUPPORTING NEW TYPES OF CONTENTSupporting new types of digital content such as Illustrations, vectors, video, stock music and 3D models.

    Token details
    Token: WMK
    Platform: Ethereum
    Type: ERC-20
    Price in ICO: 1 ETH = 2,375 WMK
    Tokens for sale: 46,500,000

    Token Distribution

    Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.wemark.com/whitepaper.pdf). You can also stay tuned in their official Telegram group (https://t.me/wemark). I hope you liked the post and soon I'll send you new ones.


    Author Details

    Email: [email protected]

    Telegram username: @clauminghttps://bitcointalk.org/index.php?action=profile;u=1870482

    Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71

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