It is illegal to use most of the photos on the internet without gaining the proper rights of usage—at least, that’s the legal requirement in some countries.
The internet connects people and services unlike anything else and whenever one needs to find a photo, there’s a near infinite library of them on the internet. There are free images available across the web, but a growing volume of high-quality images require a payment. A bit more than a decade ago, people could snap up an image on the internet and use it willy-nilly without considering to pay a dime for it. All that changed when companies like Shutterstock surfaced near the turn of this millennium.
These newly surfaced online image agencies gave photographers a guarantee of income for the images they provide as companies like Shutterstock would draw in an audience, make partnerships with media companies, and litigate against (obvious) users who used images without the rights. At the onset of this shift, the companies were a boon to photographers as they demanded low fees yet provided an invaluable service. And all this was economically reasonable as photographers did what they do best—take photos—while businessmen made sure the photos fetched their true value.
Of course, all this soon changed. Greed started to seep into the market and the online image agencies began to demand a ridiculous share of photographers’ income.
The average fee incurred for selling images on the major online agencies hovers around 75%; while the photographers do the labor, the middlemen absorb most of the profit.
The worst part of this isn’t actually the 75% fee but the fact that the incurred charges are unpredictable and can increase further. Photography isn’t a cost-less endeavor as equipment, props, and possible travel costs need to be budgeted. An unpredictable agency fee charged by the industry’s dominating players is making photography a risky profession.
Smart Solutions with Smart Contracts
When an industry becomes plagued with problems caused by an oligarchic control of a few companies, new entrepreneurs often present alternatives, and this time around, the alternative leverages blockchain technology to offer innovative, effective solutions.
Wemark is a new image marketplace that challenges the industry leaders by using blockchain technology to create a protocol that, above all, offers a secure ecosystem for photographers. When a photographer sells an image on Wemark, the conditions of the sale, particularly the marketplace fee, is recorded in an immutable record on the blockchain and cannot be altered. Thus, photographers can put up a photograph on Wemark and be confident that all the future revenues it earns will face the fee agreed upon at the time of the photo’s listing.
While the Wemark protocol offers photographers a reliable means to budget the costs of the images they take, the usage of blockchain, naturally offers other benefits. As much of the marketplace interactions become automated, through smart contracts, Wemark is able to sustain lower costs and it passes this benefit onto the photographers by charging a marketplace fee of just 15%.
Wemark is setting a new image marketplace standard in terms of giving a greater regard to the toil of photographers. A trustless agreement ensures that photographers can count on a predictable fee structure while also having to pay the lowest fees in the industry.
Wemark Essential Links
🌐 Website: http://wemark.com/
💡 Whitepaper: https://www.wemark.com/whitepaper
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3347524
💻 Telegram: https://t.me/wemark
Connect with me:
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Another STeemit I guess
Steemit is a content platform; Wemark is a digital content marketplace.
On Steemit, you simply post; on Wemark, you sell.
On Steemit, you simply upvote; on Wemark, you buy.
ohh great news i was waiting for earn form my pictures because every people take selfie photos :P
You could have earned from image agencies too. However, the earning potential is likely to be much higher with Wemark.
thank you so much because you help everyone ^^ i m very happy ^^
I will use it for sure when i will have some good photos for sell
Sounds good.
Thank sir
Thank you for sharing this ICO with us! At least this will benefit photographers. I'm happy that people are using blockchain technology. Hopefully their project will do good and succeed. This inspire more photographers especially the royalties that they offer. Thanks and have a great day!
Wemark's been growing quite well, so there's a high chance this endeavor succeeds; the blockchain integration begins after funds from the ICO allows system development.
That's good news to hear. I'll try it out when I get good photos already.
Its a gud project because now a days people are camera lovers and take pictures of every moments. Keep posting these kind of stuff.
Yea, I feel the project could grow like wildfire. I'll be writing more on it :)
Wemark protocol offers photographers a reliable means to budget the costs of the images they take, the usage of blockchain, naturally offers other benefits.
Superb article ........dear ........brother.
Glad you liked it.
helpful article thanks for sharing ;)
You're welcome :)
Even i came across new site 2 days back which pays $1 for selfie
Wow, seems we can monetize pretty much anything these days.
Wow really helpful article dear I am going now for u r website u provided link here u r sticker is really outstanding and give me Some explanation personally for how to earn money by uploading photos
You sign up at http://wemark.com/.
Then, you are given a dashboard which allows you to put images up for downloads. As people buy image downloads, your money rolls in.
Wow that's interesting too much and thanks for sir really u r great men now I am a fan of u always in Touch to learn something new on u r blog
I think I should start making few buck from my pictures, lol.
uhmm, @hatu, did you cancel your giveaway contest?? because I don't get any updates about it?? are you still gonna share the prizes or is it void?
It'd be good to monetize unused assets.
As for content, I responded to it 3 weeks ago: response
It simply didn't reach the minimum participation.
Very helpful
Thanks
Ill spread to my friends
You're welcome :)
it's an easy way to earn money because uploading photos is not difficult as others online jobs , it doesn't take time nor hard work a part from other jobs they need time and hard work. thanks for sharing such easy way
Well, depends.
Professional photography requires skill mastery; a journey that can take a lot of time and a lot of hard work. I suppose you are referring to the casual photographs that people take on a day-to-day basis.
yes, thanks a lot for guidind
Good I information.
Thank you :)
This post has received a 15.73 % upvote from @booster thanks to: @hatu.
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Your post had been curated by the @buildawhale team and mentioned here:
https://steemit.com/curation/@buildawhale/buildawhale-curation-digest-07-24-18
Keep up the good work and original content, everyone appreciates it!