Artists have been getting the short end of the stick for centuries. The art world is full of tragic life stories of artists who died in squalor, in spite of their talent. Even today, artists are getting a raw deal. Mainstream content distribution companies charge an arm and a leg in fees when someone wants to sell their work.
That’s all about to change. By now, everyone has heard of the blockchain, but very few people know how powerful it can become. Wemark is a revolutionary digital content distribution service which uses the blockchain to help fix these problems.
As we have already mentioned, Wemark is a digital content licensing and distribution system. Its goal is to take aim at the entrenched licensing companies such as Getty Images and Shutterstock. Along with a few others, they hold an oligopoly over the digital image licensing market.
That is why they can charge ridiculous fees for their services. In fact, Wemark claims that these fees can sometimes run up to 85%, which is absolutely ridiculous. As creators as well as consumers, we can do better.
In addition to these fees, there is another onerous practice these companies impose on users. Namely, when you submit an image to Shutterstock or Getty Images, you lose your licensing rights to them. Your work gets no protection, and you get no recognition.
All of this is done in an opaque way, without any input from the people using the service. The profit motive is the only thing that influences decisions. Again, they can get away with it because there is no one to challenge them.
That is why Wemark offers a platform for a unique digital marketplace. Using this marketplace, artists can license their work directly to users, while paying much lower fees.
There are now many blockchain-based apps out there, and they all function in roughly the same way. The only difference is what they are trying to achieve. For Wemark, the goal is to fix the stock image licensing market.
There are a few key differences between the way regular licensing companies work and the way Wemark works. Firstly, the author gets to keep their rights to the content they’ve created. They decide the price, as well as who to sell to.
Secondly, Wemark keeps all sales records on the blockchain. That has a few implications for the whole process. The entire blockchain is fully public and transparent, so there are no shady dealings out of the public eye. Once the terms of a sale have been added to the blockchain, there is no way to change the record.
That gives creators as well as consumers a fair amount of certainty. It builds trust between people since everything is transparent and immutable. The Wemark token takes care of all the payments. It’s a mini-cryptocurrency specifically designed to enable safe and transparent payment. The Wemark token’s supply is limited, and the initial price will be $0.20.
Finally, one of the most important aspects of Wemark are the fees they charge. When you make a sale as a creator, the system will automatically charge you 15% of the sale price. That is far lower than the 85% which licensing companies are charging creators today.
If you have some images you would like to submit, why not give Wemark a try? What Wemark offers you is a fair and transparent way to make money off your work.
If you are looking for images to buy, why not head to Wemark? They already have over 40.000 images available.
Finally, if you just want to support disruptive blockchain app development, why not invest in the Wemark ICO?
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