ICO BitImage

BitImage is a smart open platform for digital media exchange with decentralized content licensing. Powered with Blockchain and AI, BitImage is introducing the new standard of stock content marketplaces.

Authors can post their works (audio, video, images and other digital content) on the BitImage platform. Thanks to the latest technologies like blockchain, smart contracts, and Artificial Intelligence, BitImage will license in a decentralized manner, quickly deploy, and reliably sell the digital content for authors to earn more. In their turn, buyers can purchase the content in two ways:

• by searching through the existing digital media from the extensive collection;
• by placing a job with any requirements and, as a result, receiving the “turn-key” content.

Thus, they will always be able to find what they need at the decent price.

Users can benefit from BitImage in two ways:

• Library: Search through the existing digital media from extensive collection and supplement it.
• On-demand works: Request new digital media from creative users.

The Market:

Global digital content market is $200B, projected to grow 9% annually by 2020 to reach $259 billion.

Big market players:

• https://www.shutterstock.com
• https://www.gettyimages.com
• https://stock.adobe.com

Current Market Problems:

• Copyright Violation.
• Price monopolization.
• Tiring search of necessary content and its long validation.
• High prices for customers and low royalties to authors.

Our Solutions:

• Decentralized content licensing and blockchain allows authors to protect the copyright safely and customers to guarantee uniqueness of purchased works.
• Artificial Intelligence of BitImage verifies uploaded digital media in a few minutes and can provide analytics to monetize the content as soon as possible.
• On-demand work implementation will allow buyers to order new unique content fast.
• The use of crypto currency eliminates a layer of centralized financial intermediary, thereby reducing commissions and increasing value share for users.
• The platform will create a free market economy where the price of content is determined individually.

Token Economics:

BitImage token or BIM is a cryptographic token of the ERC-20 standard based on the Ethereum blockchain. It is required to purchase digital media content on the platform.

Hard Cap: $21M

2 Sale Rounds: $3M and $18M

Purchase method: ETH

Soft Cap = 2000 ETH

Hard Cap = 42000 ETH

Token Price: 1 ETH = 130,000 BIM