PHOTOCHAIN _ The Stock Revolution in the Photography World

Good day all friends, this time I will give information to friends all about PHOTOCHAIN paltform. This platform is certainly very interesting. You must be curious is not it? Let's just see the explanation from me below.

Photochain is a decentralized platform that uses Smart Contract based on Ethereum blockchain. Smart Contract ensures transaction security on the platform. When a sale is made, the seller is paid, and the buyer receives the purchased image simultaneously. These are all mediated by smart contracts.

Thus, Photochain does not require centralized authority to ensure the correctness of transactions. This reliability is inherently contained in blockchain technology, and the Photochain platform has been designed from the ground up to solve the problem of traditional stock photography platforms. On top of this, machine learning is used as a solution to other problems exhibited by the photographer and the wisdom of the community overseeing the platform as a whole.



Photochain is a Decentralized and Revolutionary Stock Photography Platform in Blockchain with Fair Conditions, Lowest Cost in the Market, and Full Control over Content for Contributors. In the IPFS Photochain Database, each Photo that is uploaded is related to the Photographer through the Blockchain Transaction.

This link can not be deleted or manipulated in any way. Copyrights are handled using Machine Learning Bots and Community Photochain given incentives through Rewards. Photochain precedes its Competitors and is ready to disrupt the monopolized Stock Photography Industry. We have a great Team and Advisory Board (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 work directly to their customers, and on their own terms. Photochain is a decentralized platform that uses Intelligent Contracts based on Ethereum blockchain. Smart Contract ensures transaction security on the platform. When a sale is made, the seller is paid, and the buyer receives the purchased image simultaneously. These are all mediated by smart contracts.

Thus, Photochain does not require centralized authority to ensure the correctness of transactions. This reliability is inherently contained in blockchain technology, and the Photochain platform has been designed from the ground up to solve the problem of traditional stock photography platforms. On top of this, machine learning is used as a solution to other problems exhibited by the photographer and the wisdom of the community overseeing the platform as a whole.



Photochain provides a clear advantage over conventional photo stocks for both types of users: contributors and customers. Contributors in Photochain benefit from a very low cost - only 5% of the sale price. The opportunity to maintain 95% of the final sale price allows contributors to offer their jobs cheaper, and consequently the market becomes more affordable for customers. This kind of fair market not only benefits the users, but also benefits the photography industry as a whole, since the possibility of increased revenue gives incentives to contributors to perform better.

Mission Photochain

Photochain has obvious advantages for contributors and customers. Contributors in Photochain benefit from a very low cost - only 5% of the sale price. Keeping 95% of the final sale price allows contributors to offer their jobs cheaper. As a result the market becomes more affordable for customers. This kind of fair market not only benefits the users, but also benefits the photography industry as a whole, since the possibility of increased revenue gives incentives to contributors to perform better.

This profound market change is possible only by using blockchain technology, Intelligent Contracting, machine learning, and the user community of Photochain itself. Most processes become automated and decentralized, significantly reducing platform governance costs. It is inevitable that more stock photography and customer contributors will prefer to use Photochain.

How Does Photochain Work?

Photochain was built as a genuine blockchain decentralization (dApp) application on the Ethereum network. This application uses InterPlanetary File System (IPFS) to secure data across the network.

Some of the features offered by Photochain include:

Security

Photochain provides blockchain-based security for buyers and sellers so "You can trust that your work is safe."

Decentralization

Digital content is encrypted and stored in a decentralized database. There is no primary business that controls the photography you upload.

Copyright

Your work is permanently associated with your identity through blockchain, creating new forms of blockchain-based copyright protection.

Content

Decentralization applications can be used exclusively for trade photography. Photochain will sue the bot "to ensure only acceptable content is listed."

One of the main benefits of Photochain is its copyrighting system. They call it the Digital Photochain Chain of Copyright, or DCC. Artists can link their work to their name, then secure the connection using blockchain. Ethereum blockchain secures transactions, making them visible to the user at all times. Anyone can check the Ethereum blockchain to verify that the content is copyrighted by a particular person.

Photochain sees their copyright system as superior to the "Rights Managed" (RM) copyright model and the "Royalty Free" (RF) copyright model.
Photochain will also have a P2P market where artists can freely distribute their work. Artists can charge different amounts to different buyers. They set their own prices.

Finally, Photochain will also have a ranking system and reward system to serve as a motivation, ensuring maintenance of the Photochain community through fair rewards. Sellers receive points to sell works, for example, and moderators earn points to resolve disputes. Each point is equivalent to 0.1 IPM. Once you reach 100 points, you can get payments in IPM transferred to your wallet address.

Sales Details Token Photochain

Token Photochain, or PHOTONs or IPM, is an ERC20 based token on the Ethereum blockchain.

There is a maximum limit of 230 million IPM token available for publication. Of the total token supply, 79% is allocated for token sales. The remaining tokens are reserved for management, team and legal fees (14%), advisors (4%), and bounties (3%).

Pre-sale begins in January 2017.

The main token sale, meanwhile, is scheduled for April 6th. Whitepaper token sales list as lasting only one day: from 06.04.2018 at 8 am CET to 06.04.2018 at 12 am CET.

Based on the date and time listed, the token sale is scheduled to end before it starts (midnight before). Hopefully Photochain will provide clarity about their token sales time. It seems unusual for a token sale to last only one day.

Token Name: IPM
Platform: Ethereum
Type: ERC20
Price in ICO: 1 IPM = 0.00017 ETH
BONUS
-Day 1 to 10 30%
-Day 11 to 21 20%
-Day 22 to 32 10%
-Day 33 to 43 5%
Tokens for sale: 170,000,000



Photochain Ecosystem

The DApp Photochain is a specialized platform in stock photography trading, where the process is reduced to the minimum required to ensure simplicity and transparency.





Photochain is made around 4 main pillars

P2P Marketplace

We want buyers and sellers to set their own sales terms, so we allow them to trade directly with each other. Using blockchain to eliminate the need for costly processing, we guarantee photographers to receive 95% of the earnings from their work.

Easy Onboarding

Simple identity verification for all photographers. Unlike traditional photostocks that require a lot of prerequisites, users can actively sell jobs within minutes. The removal of further prerequisites allows the platform to be fully accessible and advantageous to hobbyists, amateur and professional photographers alike.

Digital Copyright Chain

Our decentralized database ensures every uploaded photo is hashed into a blockchain and is permanently connected to its owner. This link can not be changed deleted or manipulated in any way. Uploaded images are also hashed and compared to the existing DCC for copyright fraud. Additionally because of permanent links, any abuse of images beyond paid licenses is easy to detect.

Crypto Economics

We help build a crypto economy, where we have more control over our data. A fairer economy where you are rewarded for your work. We believe photographers deserve a fair compensation for their efforts and creativity.


ROADMAP

TEAM

Thus this article from me has explained PHOTOCHAIN. This article does not intend to suggest that you engage in an initial coin offering in the information in this article, all decisions are in the sole responsibility of each other, all the losses and benefits gained if you follow this ico is entirely my personal responsibility, I am the author of this article has no responsibility about the advantages and disadvantages that can be, this article I write only for refrensi.If the information from the above I am still not sure and clear, you can visit the official link which is listed below.

Website: https://photochain.io/

Whitepaper: https://docs.google.com/document/d/1C4UPA9-9o2cOLJOEYMIVwN_Fi3Ebtn2YcRua58hQ7_0/edit?usp=sharing

Instagram: https://www.instagram.com/photochain.io/

Twitter: https://twitter.com/photochain_io

Facebook: https://www.facebook.com/Photochain-141364963181927

Medium: https://medium.com/@photochain

Author: yunita

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=939755

ETH: 0x79ab31AD412f95e8DA691F066f27d0Bc2736aCDC