The cryptocurrency market cap has clawed its place between $220 to $280 billion for some time now. Despite its volatility, the crypto market cap is larger than many countries’ economies and this shows the sheer amount of untapped buying power of crypto hodlers. Any new outlet that accepts this form of payment is likely to benefit from the overwhelming volume of excitement, from the crypto market, that will push new users towards its products or services.
There are many existing projects that are trying to tap into the cryptocurrency market by making it possible to use cryptocurrencies to purchase various products or services. A new addition to these set of projects is Wemark.
Wemark is an image marketplace that makes it possible to create trustless and low-fee sales of digital photos. The value transfer is through Wemark tokens and thus this project allows cryptocurrencies to enter the $100 billion photography market.
Tapping into a Huge Market
Wemark is developing much more than just a token for buying photos; it’s developing its own state of the art marketplace governed by an internally developed protocol tailored to suit photographers’ needs. However, the only way to transact on Wemark’s marketplace will be through the native tokens. As Wemark allows a cryptocurrency to be directly usable for transacting in a new market category, many parties benefit.
Photographers
There are many companies involved in the crypto market and whatever form of media they use involves some amount of image purchasing. At present, these transactions involve a lengthy chain of conversion from crypto to fiat as-well-as pricey exchange fees. The removal of such a barrier opens up additional media development funds to be potentially used on the actual photos rather than the ability to buy the photos.
The Cryptocurrency Community
One of the key challenges faced by cryptocurrencies involve direct utility in product or service purchases. Wemark opens up cryptocurrencies to the ability of purchasing images, a very large market. Given that photographers are often undervalued for their work and that Wemark offers far lower fees than other image marketplaces, photographers would be comfortable accepting tokens.
To sum up, Wemark offers a beneficial opportunity for both photographers and the cryptocurrency community.
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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https://steemit.com/@hatu – Follow for a new ICO analysis every day!
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@hatu webmark project is looking awesome. photographers will enjoy this a lot.
Photographers will certainly benefit, and the crypto community will get another outlet to spend cryptocurrencies.
Hi hatu (65),
thanks for sharing this. What is the difference between wemark and similar projects like Photochain or KodakOne? Does wemark also protect IP of photographers by AI and looks for unauthorized use of the same pictures?
Thanks and regards
Stormrider75
Good question.
Unlike those projects, Wemark does not "protect IP of photographers by AI and [look] for unauthorized use of the same pictures."
It's only a marketplace for the purchase of photos.
Thank you very much.I like your writing.
That's great news for professional as well as aspiring photographers.
Yes, I think it's particularly beneficial for inspiring photographers.
I actually touched on that: https://steemit.com/cryptocurrency/@hatu/people-can-live-doing-what-they-love-an-example
Hello @hatu Sir, awesome concept to give best to both creators & as well for customers,as customers will get best price n creators will get what they deserve recognition n right price for their hardwork , talent without going through marketplaces like shutterstock etc .Thanks for sharing!
That's right!
And you're welcome :)
Your post was very beautiful. I have read your entire post with my heart.The main reason behind the income in the current home is the assistance of the cryptococessor. For the original photographer. It did a lot better to have the cryptocurrency committee found in a much larger.Thank you for are good news.
@hatu that is good platoform for photographer to sell photos
That appriciate art of photographer.
the offer from wemark is very good for the photographer who jumped in the world, and can achieve its own benefits
Yes, I've discussed the benefits if offers to photographers in a previous post: https://steemit.com/ethereum/@hatu/get-good-money-for-your-photos
I think wemark token will bring some part of revolution in crypto for sure
It could play a role in its mass-scale adoption.
Great knowledge
Glad to hear that :)
Wemark allows a cryptocurrency to be directly..
Direct utility of cryptocurrencies.
Thanks
Good post!
Thank you :)
I try my best!
Brilliant friend I loved your article, A lucky hug!
Wemark is very interesting project to me and a lot for your valuable post. It has a good market on photography.
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