The idea of the project sounds good since there are not alot of projects the idea as such, its unique. But I think it would be a great idea to consider the copyright of other content since now it seems like the focus is more on photography.
I just feel like the thread is not detailed enough, it doesn't specify which blockchain was used, no information about wallets or the total supply. OP should consider providing some more details on first page.
Hello FrankNoland,
Thannks for your inputs. I will update the first page project details by tomorrow. I am not able to display images as of now.
Well the project mainly is for media artist. Currently there is no definite solution to solve copyright issues. To explain the issue lets assume a photographer for example.
When a photographer clicks images, he owns the copyright. Its not necessary to register the copyright legally. If you click that shutter you own the copyright. The problem arises when someone steals the image and use it on their website or banner ads etc for commercial or non-commercial purposes. When the photographer files a case or send cease and desist, the photographer needs to prove he owns it. Usually proving ownership is a problem. If you are unable to prove it in court, you lose.
Proof of existence & proof of ownership. We have selected
Ethereum blockchain for the platform. Using ethereum blockchain we
create smartcontracts for the artwork. The artworks is registered using image hashing. Precisely perceptual hashing. The artist receives a PDF file with all information regarding the artwork. It is kind of a birth certificate for the artwork. The artwork is
time-stamped with copyright and attributes. The platform also provides a
marketplace for the artist to sell the artwork. All transactions are done using
ERC20 tokens. The entire ecosystem works on this ERC20 Token System ONLY(XMC Tokens).
Total 250,000,000 tokens will exist. That's the max supply. The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard):
MyEtherWallet (no download needed)
MetaMask (Firefox and Chrome browser addon)
Mist (Desktop)
Parity (Desktop)
We are a small team and currently working on the photographers section of the project. We do not have enough resource to allocate for this project. Hence we are looking forward for the ICO. This project has huge potential. This platform can provide solution for photographs, movies, music, illustrations, 3D, documentation and other digital assets. For investors its a great opportunity. We have soft cap of 25,000 Ether and Hard Cap of 75,000 Ethers. This project is a global solution for various problems.
I will update the same with more detailed information on the first page post and also update our website accordingly.
Thats all for now. I will drop you a msg when I update it all.
Regards,
Mangesh