One of the biggest problems with centralized markets is that the pricing of products is not properly decided. Some things could have be sold for more than what the company thinks is the right price and some products fail because the price was kept too high. In decentralized markets, prices reach their proper level because buyers and sellers are in direct contact and the middleman is removed.

Wemark is using blockchain technology to bring order to the pricing of stock images. This market is controlled by large companies that are actually just the middleman in the market. Many photographers have tried to set up their own online shops where people can buy from them directly. These people have not been successful because the large companies have much more money and this lets them defeat the photographers in marketing.

Large companies have the ability to pull people to their websites because they have the money to advertise. They make more money from the customers and this moneys lets them advertise even more. This makes sure they maintain their control forever. The problem is not that photographers are not capable of selling their images. Photographers can sell their work but they have no opportunity to reach customers because they cannot market like large stock image companies.

Proper Pricing

Large stock image companies have control over the image sale market. They do not face the burden when image prices are lowered but photographers do. Image sales can be changed to be priced higher for other large companies. Wemark makes this possible because it is an image marketplace on the blockchain.

Wemark connects the photographers with customers so there is no middleman involved in image sales. It uses the blockchain to bring transparency to image sales so photographers will know who they are licensing their work to. Wemark gives photographers the ability to become a large community. Wemark can market the platform like big companies but it is not selling the images. Wemark’s marketplace takes a small commission instead. This lets photographers have the control of their images and the sale of the images and Wemark gets a fee for managing the marketplace.

Photographers will have control of their work and will know who the work can be licensed to. This lets them decide the pricing properly and they will have the ability to price the work more for large companies because those businesses get a lot more value from the image than a small blog.

Company

Website: http://wemark.com/
Whitepaper: https://www.wemark.com/whitepaper
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3347524.new#new
Telegram: https://t.me/wemark
Facebook: https://www.facebook.com/WemarkOfficial/
Twitter: https://twitter.com/_wemark

Proof of Work for https://bitcointalk.org/index.php?action=profile;u=1887821