The Stock Photography Revolution (Photochain ICO Review)

in #ico6 years ago

2018-04-07 at 02-35-43.png

Are you a professional photographer ? Or maybe taking photo is your hobby? How many times have you seen your photo go viral and someone else is taking credits for your hard work?. Since the advent of internet and social media, it is easy for photos to go viral all over the world through social media via sharing and in the end nothing comes to the original taker of the photo.

But how about having a platform that would allow you to store your photos securely and as well allow you to buy and sell your photos? Photochain is already doing that using blockchain technology. Let's find out more about Photochain and how they intent to achieve that.

What is Photochain

2018-04-05 at 21-32-57.png

Photochain is a decentralized peer to peer stock photography platform, that will allow users to buy and sell digital works. The platform will use Ethereum Smart Contracts for the buying and selling of the digital products removing the need for a third party which will make the platform secure, easy to use and fair trading process for both parties.

Photochain allows you to make a decent income by selling your digital work, and you can as well buy original digital work through the platform.

Why Invest In PhotoChain

I will consider four things about the Photochain project which includes, the product, the road map, the team and the token metrics.

The Product

2018-04-07 at 02-40-12.png

Photochain already have a working product which the demo platform(http://demo.photochain.io/) is open for the community to have test feel of it. This shows that Photochain project is no longer an idea on a long well packaged white paper. They have a real working application to prove that they will actually use blockchain technology to reinvent photostocks around the buyers and the sellers, unlike most existing platform that is centralized application that would charge the users a huge amount of percentage on sells made on their digital work. With Photochain the sellers will receive up to 95% of their sells.

The Road Map

2018-04-07 at 02-38-29.png

Photochain Idea dated as far back as April 2017 according to their road map, The road maps shows they focused on building the project and having a product before having an ICO unlike most ICO that would first have their ICO before thinking of developing the product and according to the road they have achieved their set goal since the start of the project idea.

The Team

Photochain team members are made of expertise who have gained experiences in the related field and their past experiences show they have the ability to delivery on a platform that would enable photo loves and digital work creators to buy and sell their work and earn a living doing what they love. Also they have advisors who have excelled in their various fields of endeavors and bring such a number of advisors onboard mean the team wants nothing but the best. Find out more about the Photohain team https://photochain.io/#team

Token Metrics

2018-04-07 at 03-12-36.png

Conclusion

After my personal research on photochain project and understanding what they want to achieve and how they want to achieve it. I am rating this project high because I love the idea that you can actually secure your digital work on the blockchain and sell it to any one at your price and for life time your work will carry your identity as the one that created the work.

Photochain have scheduled their ICO for the sale of their PHT token you can participate and join in the ongoing token sale

Token Sale Information

2018-04-07 at 03-12-04.png

Learn More About Photochain :

White Paper
Visit Website
Photochain Demo
Follow On Twitter
Like On Facebook
Join Telegram

Disclaimer:
This is not a financial advice I am just sharing my personal opinion on ICO's. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money.

Sort:  

Nice one... Keep it up and going

thanks for commenting @valnd

An interesting idea. I am just beginning to develop on the Ethereum blockchain and so it's very encouraging to see what innovations have gone before.

Thanks for visiting my blog friends. I am following you and upvoted. Have a beautiful day.

Superb post

Hi @chokomedia, thank you for your post, please have look on mine if you have time: https://busy.org/@intellihandling/steemit-is-right-investment

Thank you for sharing this. I am definitely going to check this out.

Interesting project, So what is your speculation about the project? easy 10x, 20x or 100x ?

Coin Marketplace

STEEM 0.27
TRX 0.11
JST 0.030
BTC 69000.61
ETH 3825.74
USDT 1.00
SBD 3.48