Wemark(WMK)-Decentralized Blockchain for Digital Content


Wemark is a new market for web content initially specialized in photos. Wemark aims to completely revolutionize the work of the content market and the bases they work on. The platform is based on a Blockchain and aims to decentralize the digital content market, controlled by companies, groups or institutions. Centralized markets generate a number of problems, such as content creators who have to participate in most of their income in commissions, creators who lose their rights over their content and, ultimately, lack of transparency and control over content. process. Monopoly is a problem linked to other content, which makes it difficult for new competitors to participate. Wemark is trying to solve all these problems. It also aims to create a market in which the interests of buyers and sellers are the same. This platform focuses on Stock photography, as it is the most centralized sector in the digital content industry for applications, games, music and e-books. Transaction costs are also the highest in the industry with rates up to 85%. Wemark is already working, since at the moment it has more than 40,000 photos and more than 3,000 participants. Photographers can create their profile on the platform and then verify their identity. After verification, you can submit your photos for consultation. If the photo has been approved, the creator can send it directly to the client without an intermediary.
The Token
The main payment method in the platform will be via Wemark Token (WMK). WMK is based on Ethereum and complies with ERC 20. In the future, many payment methods will be adopted on platforms such as Bitcoin, Ethereum and credit cards. The token holder can use it to buy photos on the platform. Users will have incentives to switch to Wemark or even advertise any content on the platform.
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.
Moreover-Wemark(WMK)
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 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. Because much of the content they already produce, they do not have an “exclusive” block, which means they can be sold in more than one place at a time. But adoption will grow faster, because the choice of content will grow rapidly. In addition, the creators will probably start to download their hands with little money, since Wemark has started sending a large number of customers with regular payments. Part of the cryptocurency market that interestsis, what seems to revolutionize and modify what already exists. Although competition can be brutal, it does not always matter if everything is done differently. As in this case, the use of the contract as payment and the elimination of a third party in the middle, take the most part. It changes the dynamics of digital media without trying to create something from scratch to find a market or technology that needs to be created. Instead of using existing business models and Blockchain Ethereum to create excellent business growth opportunities.
The Conclusion
Wemark does not want to become another centralized media giant, but uses its protocol to make transactions between the buyer and the producer. This eliminates the need for a third party due to the use of contracts that are stored in a chain of blocks with total transparency. Instead, allow buyers and sellers to focus on digital media. Wemark is a Blockchain based development the market offering direct sales of digital information such as photos, videos, graphics, music, games and more. Owners can take advantage of the block by selling their information directly to customers, saving up to 75% commission from existing photographers. Wemark offers full transparency to owners and buyers without operators on platforms without intermediaries. The platform is decentralized and uses the Ethereum ERC-20 marker in its license protocol. The WMK marker is used for operations with all types of digital content.
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