Photochain
Photochain – The Stock Photography Revolution
Announcing Photochain – 3rd place winners of the ICO Pitch competition at the Blockchain Leadership Summit.
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!
Photochain revolutionizes the status quo of stock photography. It is a decentralized, peer-to-peer stock photography platform on blockchain with fair conditions, attractive incentivation mechanisms, lowest fees in the market and full control over the content, price and license type for the photographer.
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. Photochain is in the pole position and ready to disrupt the monopolized stock photography industry with a great, experienced and influential team and board of advisors.
About Photochain
Photochain is created around 4 key pillars.
•P2P Marketplace
We want buyers and sellers determine their own terms of sale, so we allow them to trade directly with one another. Using blockchain to remove the need for costly processing, we guarantee photographers to receive 95% of the earnings from their works.
•Easy Onboarding
A simple identity verification for all photographers. Unlike with traditional photostocks which require lots of prerequisites, a user can be actively selling work in minutes. The removal of prerequisites further allows the platform to be fully accessible and profitable to hobby, amateur and professional photographers alike.
•Digital Copyright Chain
Our decentralized database ensures each uploaded photo is hashed into the blockchain and permanently linked to its owner. This link cannot be changed removed or manipulated in any way. Any further uploaded image is also hashed and compared to the existing DCC for copyright fraud. Additionally due to the permanent link, any misuse of the image outside of paid licenses is easily detectable.
•Crypto Economy
We are helping to 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 fair compensation for their efforts and their creativity.
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.
These profound market changes are only made possible by using blockchain technology, Smart Contracts, machine learning and Photochain’s own user community. Most of the processes become automated and decentralized, significantly reducing costs of platform governance. It’s unavoidable that more and more stock photography contributors and customers will prefer to use Photochain.
We recently won 3rd place in the ICO Pitch Competition at the Blockchain Leadership. Thanks to our attractive demo MVP, the judges could see envision exactly what the final product will look like in addition to what we will achieve for photographers. We are partnered with the highly rated Swisscom Blockchain for advisory on our ICO and future strategy.
Features
We guarantee 95% of the revenue for each work sold goes to the rightful owner of the work. The photographer does all the hard work, so why should we take the income.
We will payout sellers of photographer in maximum of 10 seconds. This compares very favourably to existing stock photography platforms that can take up to 1 month to process payments.
A verification period of less than 10 minutes. Also without the hassle and legal agreements that existing players in the industry expect from you, which can take up to 2 weeks to verify.
You can set your own pricing within the platform for your own works. You know the value of your work, why should you let anyone else decide this.
Copyright protection via our digital copyright chain. Blockchain allows tracking of digital ownership so that all unauthorized use of your photos is immediately detected. We have innovated in each step of the stockphotography sales chain. The restrictions that incumbents place on their photographers causes many photographers to not want to use them. By creating a seemless and fair platform for trading photography we ensure photographers of all types (beginner, hobby, amateur and professional) can earn a fair income for their works.
Roadmap
•April 2017 – Idea
Idea, business case and market research
•June 2017 – Project evaluation
Development of the DApp prototype
•September 2017 – Strategy & Design
Go-Live of the DApp prototype
•October-November 2017 – Preparation for crowdsale
Communication and marketing activities Commitment of the Blockchain Community Commitment of the photography community Legal form Advisers and new team members
•December 2017 – Pre-Sale preparations
Private Pre-Sale at special discounts for eraly supporters
•January 2018 – Private Pre-Sale preparations
Private Pre-Sale at special discounts for early supporters Enhanced documentation and planning New team members Community growing New partnerships
•February 2018 – Transition
Preparation for Main Sale Event Compliance and regulations Developing a more comprehensive Photochain DAPP version
•Q1 2018 – Main Sale event (ICO)
Publishing of new collaboration partners Regulatory compliance for our Main Sale Event
•Q2 2018 – Operation
Photochain DApp Version 1.0 on the Ethereum Mainnet Trading of the PHT Tokens at Crypto Exchanges
•Q3 2018 – Continual improvement
Photochain DApp as standalone client on all common operating systems
Token
Token info
Token | PHT
Platform | Ethereum
Type | ERC20
Price in ICO | 1 PHT = 0.12 USD
BONUS
Community Sale
Days 1 to 3 | 30%
Braveheart Sale
Days 1 to 10 | 30%
Days 11 to 30 |20%
Remnant Sale
Days 1 to 10 | 10%
Days 11 to 20 | 5%
Tokens for sale 170,000,000
Investment info
Min. investment | 0.2 ETH
Accepting | ETH, BTC
Distributed in ICO | 79%
Soft cap | 165 723 285 PHT
Hard cap | 230 000 000 PHT
Reach Photochain on
Website: https://photochain.io/
Whitepaper: https://docs.google.com/document/d/1C4UPA9-9o2cOLJOEYMIVwN_Fi3Ebtn2YcRua58hQ7_0/edit
Twitter: https://twitter.com/photochain_io
Facebook: https://www.facebook.com/Photochain-141364963181927
Github: https://github.com/photochain
Instagram: https://www.instagram.com/photochain.io/