Photochain is a decentralized, revolutionary Stock Photography Platform on Blockchain with fair Conditions, lowest Fees on the Market and full Control over the Content for the Contributor. 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. Copyright is handled by using Machine Learning Bots and the Photochain Community is incentivized through Rewards. Photochain is ahead of its Competitors and ready to disrupt the monopolized Stock Photography Industry. We have a great Team and Board of Advisors (including Ex-Shutterstock Executive and ExLinkedIn Executive). Be Part of our Mission. No Games – Just Photography!
By developing the Photochain platform, we present the possibility for artists to sell their works directly to their customers, and on their own terms. Photochain is a decentralised platform that uses Smart Contracts based on the Ethereum blockchain. Smart Contracts ensures the security of transactions on the platform. When a sale is made, the seller is paid, and the buyer receives the purchased picture simultaneously. This is all mediated by the smart contracts Thus, Photochain does not require a centralised authority to ensure the correctness of transactions. This reliability is inherently contained in the blockchain technology, and the Photochain platform has been designed from the ground up to solve the problems of traditional stock photography platforms. On top of this, machine learning is employed as solutions to the other problems photostocks exhibit and the wisdom of the community oversees the platform as a whole.
Photochain gives clear advantages over conventional photo stocks to both kinds of users: contributors and customers. Contributors at Photochain benefit from an extremely low fee - only 5% of the selling price. This opportunity to keep 95% of the final sale price allows contributors to offer their work cheaper, and consequently the market becomes more affordable for customers. This type of fair market not only benefits the users, but should benefit the photography industry as a whole, as the possibility of increased income incentivizes contributors to perform better.