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By https://bitcointalk.org/index.php?action=profile;u=2230830

Wemark is using blockchain technology to create a marketplace for images. Image sales are an important industry and many companies, like newspapers, have to buy thousands of images every day. Wemark hopes to photographers a quality of service far better than the one given by image agencies.

Wemark uses smart contracts to run the marketplace and it hopes this can lower operating costs enough that their marketplace can be the one where photographers can make a good income. If the blockchain can properly maintain the marketplace, Wemark can maintain its 15% fee, an amount that is very low in comparison to the stock image agencies. It also offers photographers another benefit and that is certainty. The commission agreements made by Wemark will be honored by smart contracts.

Image marketplaces sell millions of image downloads every month. This is a huge industry and many of its customers are businesses. Like anything offering images for sale, Wemark is likely to have a variety of customers.

Wemark’s Customers

Online newspapers, as mentioned before, need to use images to make their content more appealing. One of the easiest ways to do that is by using images. This makes online newspapers a primary image buyer.

Social media advertising agencies have thousands of customers and they run small, targetted advertisements every day. Every ad needs some image to appeal to the audience. Advertising agencies could be a frequent customer of Wemark.

A lot of modern entertainment is based on digital content. Many entertainment companies have a media company that produces high amounts of digital content, good examples of this are online magazines. All entertainment outlets that rely on digital content need to use a lot of images. Wemark could also expect a large potential buy volume from entertainment companies.