PHOTOCHAIN
Rewriting the rules for monetizing your images
What is PhotoChain?
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Photochain is a true blockchain based business model that, for the first time, enables any contributor to have full control over licensing and trading of their digital images. Photochain taps into new markets by redefining who the content creators are and empowers them to monetize their work in a fair and efficient way.
Photochain’s MissionPhotochain has clear advantages for contributors and customers. Contributors at Photochain benefit from an extremely low fee - only 5% of the selling price. Keeping 95% of the final sale price allows contributors to offer their work cheaper. 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.
