Photochain: New Potential Platform for Stock Photography

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In this digitalization era, photography becomes one of the most popular lifestyles, and along with that stock photography also come to be a profitable business. But, in practice may artist are not yet fully featured to run this stock photography business. To answer and to complete that need, Photochain is offered. The company also serve a lot of convenience to all users and customers through its various and helpful features.

Meet the Photochain

System central that had been applied in other platform, indeed has given the secure to all the users and customer. but, it also affected the effeciency of the program. Photochain tried to offered the platforms that can works more effecient, through the decentralized system. This system using Smart Contract that based on the Ethereum blockchain. The company gave the opportunity to all artist to set the price by themselves. And more than that, they also cut the long waiting times for veification of the content, minimalizing rejections of their work by the photo stock platforms, and making the long time intervals between the payment faster than before.

Photochain Prospect and its Ecosystem

According to statistics of photography stock, on the 2016 the turnover has been estimated at 756 million dollars come along with total 1.7 million active buyers and 100.000 artist on this platform, this is believed to be increasing on 2017. This fact is clearly give the exciting prospect of this business.

The ecosystem of Photochain involveda moderator, contributor, a buyer in a simplicity and transparent way. After choosing the works the buyer will be asked to rewarding their sum of PHT. In this part of the transaction, the system also bring the anonimity of the transaction that come very important to knowing each name of seller and buyers that will ensure the secure of this platform. The microservice and mantaining also offered to guide until the Photochain has finished the transisition into DAO. And to complete some processes in Photochain requiring the reserve that will be approved by two moderators of the highest level and the Photochain Goverance team if the payout is high. But will be approved automatically when its comes to small payouts.

Photochain Token

If we want to do the transaction on the platform, we need to use the Photochain token or PHOTON. The photochain token will be used to accessing the service of photochain like rewarding the resolving on claims, listing section, service delivery, search result featuring, and other microservices, also used to reward system for photographers and their sevice. But, its need to be remembered that this Photon, is pure token stuff that can not be categorized as a currency or invesment assets.

Photochain’s Team

The super project is foundered by Stanislav Stolberg, and Arthur Ishmetev. The CEO and the CTO of the program already known for their expertise in digital based cryptocurrency and blockchain. They lead 9 other members that also had differences expertise and wonderful experience that will make this project reach its goal to be the new potential platforms for stock photography.