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RE: Introducing Photochain, A Dapp for freelance photographers that aims to revolutionize the Stock photography industry

in #photography6 years ago

Ouch, that's unfortunate! If you still want to attempt the project you could still try with another name. In my humble opinion, Steem SMTs or EOS would be a better fit for a stock photo-project than Ethereum, since they both have no fees and fast block times. Especially since as you say, we could potentially also pay with upvotes here on Steem :)

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Agreed, it would be better to go with SMTs if they existed. The fact that the development is taking so long has already driven a lot of businesses away. So lets hope they come soon.

That's completely understandable at this point. It's been forever since Steemit Inc. said that SMTs were right around the corner, but it has been little news since then.

Do you even remember when they first talked about hf 20? It must be like 8 months now..... I just hope EOS doesn't beat us in the race.

I believe EOS is ready to go in less than a month, so it seems unlikely that they won't beat Steem. Unless Steemit Inc. has it ready-ish and wants to push it right before EOS goes live.

EOS has the potential to replace Ethereum and its ETH20 tokens. I don't think that Steemit can achieve the same with SMTs, but they do have the potential to further establish Steem as the social media blockchain. If Steemit Inc. can solve the issues with Steem and successfully launch SMTs, there would be no reason for users to switch to a new social network token based on EOS.

This is the main reason I bailed on Dstock.

Steem doesn't have the features within it's structure to run a "marketplace" like stock photography. It's why you see these other stock sites creating their own tokens.

Among other things that steem is very limited to...

When all you have is a hammer, everything starts looking like a nail. Though steem can be manipulated to do a lot of things, it's not a swiss army knife and "other" solutions can be much more elegant on their own.

I agree. :)

Storing the images of millions of photographers on a blockchain, just doesn't seem like a great idea to me. shrug Even steemit, completely depending on services like amazon aws, doesn't sit completely well with me.

What do I know though, eh? lol

You lack vision and skill and capability, not steem....

LOL. Yeah, that's it, attack my character personally.
Should I attack your intelligence, because you obviously have 0 reading comprehension.
If you're looking to just be an ass or start and internet fight with someone, please do it with someone else.

I remarked on your lack of skills, mostly just quoting you.

What does it miss to have been able to create a marketplace such as a stock photo marketplace?

Like I mentioned, as of now, there is not way to incorporate/facilitate payouts automatically. Sites like Dtube take a commission off total upvote revenue, but with stock.. you are selling at a set steem price IE: wallet transfers. As of now there isn't a way to have the host (company) receive a payout for the set price, then auto facility the % back to the original owners wallet. It would have to be done manually by had with each transaction. The reason why other cryptos can handle this, is because they allow for smart tokens, where the site creates their own trading currency, within the system.

Alright, thanks for educating me. Hopefully this will be something that will be solved with SMTs in the future, when that is ready.

Totally! The issue is, that at the moment neither EOS nor Steem have tokens, EOS does not even have a blockchain yet and is an ETH20 token itself. I could imagine that Photochain and many other ETH20 tokens will switch to a different blockchain like EOS in a year if Ethereum does not manage to solve its scaling problems until then.