wemark marketplace for digital content on blockchain
hi warm regards today i want introduce to you about great project thiss called a wemark focused to marketplace for digital content on technology blockchain.
The underlying protocol is a set of smart contracts, developed to empower a
distributed exchange of digital content.
wemark is a complete solution for Multi Vendor Digital Content Marketplace. This CMS Includes almost everything you need to make a Digital Product Marketplace. Paypal, Stripe are integrated for easy payment transaction. It has many important section which are important for any Marketplace and everything is fully dynamic. This script is fully responsive for any device. Admin can manage complete website without single line of coding knowledge. It has strong SQL injection protection system which will keep away this system from hackers. Admin can make huge profit from this marketplace.
As the distribution is via a peer to peer blockchain network - and does not rely on third parties - authors have the ability to upload their own content, assign it to a category, write a description of the content, choose its lifetime duration, and allocate its price and IP rights themselves. The fee for each transaction is transferred fairly and almost instantly to the artist’s account after each transaction; artists will no longer have to wait months before seeing a penny from their work.
The protocol replaces the core
responsibilities of today’s content marketplaces:
Immutable distribution agreements
Wemark’s Immutable distribution agreements allow content creators to collaborate with
marketplaces in a way that works for both parties.
Each agreement includes a price range for licensing the content, the terms of the license
to be issued to users, the distribution fee to be paid to the platform, and the percentage of
each sale to be paid for referrals.
Once electronically signed, the contract and its terms
will be deployed on the blockchain.
The blockchain ledger is publicly-owned, immutable and secure. Once deployed, neither
party can change, delete or deny the terms of the agreement. The only way to change the
terms of the agreement is by getting the consent of all the relevant parties.
Unlike traditional agreements, smart distribution agreements enforce themselves. Smart
agreements (powered by Ethereum smart contracts) can receive payments, issue licenses
and automatically distribute revenue.
15%
Proposed
Fee
Marketplace
Creator
Wemark
Protocol
Wemark Protocol 6
Wemark Protocol
Licensing Payments Revenue Distribution Storage Access.
The blockchain and the new possibilities it provides (immutable ledger, smart contract,
cryptocurrency) introduce an opportunity to replace the traditional distribution channels
of digital content.
While current digital content distribution methods might help creators
reach a large and global audience, it leaves them with a fraction of their content’s worth
and very little control over their rights including the way it’s distributed.
Creators and customers will always need assistance and facilitation in finding and transacting
with each other. This is what created the place for agencies and content marketplaces
in the first place.The blockchain enables a new era, in which the core functionalities
of distributing content are integrated as part of a blockchain-based protocol:
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Ethereum blockchain & future plans
The Wemark protocol will be powered by the Ethereum blockchain, the most established
blockchain-based distributed computing platform which supports smart contracts and
digital tokens.
As part of its progress towards decentralization, Wemark will constantly
review all the relevant alternatives and will choose the best infrastructure for its community
and for supporting the digital content economy.
File Storage & access to content
It is widely understood that the blockchain isn’t designed to store rich media or large
amounts of data.
For that reason, each piece of content is hashed and only the hash
value becomes part of the transaction block. That blockchain record links to an external
server that hosts the content itself.
The external storage will only provide access to the
creator and the lawful licensees of the content. Initially, the content will be stored in
traditional cloud solution (Amazon Web Services).
In the future, when protocols of
decentralized storage will evolve and mature, Wemark will gradually shift to hosting the
content on decentralized storage. Following this shift, once a payment is made, no party
can deny the customer from accessing the content or their license to use it.
Accepting payments
Licensing content on behalf of the creator
Providing access to the content
Rewarding content marketplaces and referrals for promoting the content
Rewarding the content’s creator
Ultimately, the blockchain becomes the middleman in direct transactions between creators and
customers.
Some part of the value created will be paid for distribution, but creators will never
have to give any of their rights or lose control over their content ever again.
wemark advantages for photographer:
- Photographers keep all the rights to their content
- Photographers control the pricing of their photos.
- Photographers keep much more of their revenue.
- Photographers benefit from higher transparency.
- Photographers will be able to trust the system.
wemark strategy
- flexybility
- curation and modern collection
- better prices
- community support
wemark token
token allocation
wemark team
Maybe just this, the reviews I made in terms of helping and telling everyone to, participate in the ICO or Bounty campaign they run today.
If there is any shortage in this review information, please maff for your inconvenience in reading or searching for Information, but do not worry I have provided a link you can visit, to find out more about the wemark project, and surely you will get reliable Information from the team as well as the Founder of the wemark project.
All information in great detail you can find on the website of the project wemark There are also links to all social networks of the project, through which you can receive in detail and in time news and observe the process of development and establishment of the platform.
for more detail information :
author:salsa24
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