CONTENT CREATION AND THE PROBLEMS AND SOLUTIONS BY WEMARK
Society is plagued with a lot of issues and on the aspect of intellectual works, content producers are faced with the issues of plagiarism, copyright infringement, piracy and a whole host of other factors. This issues faced by content producers resulted in the establishment of corporations who face these issues head on and provided solutions to producers of contents.
The issues also pushed developers to create tools which will make the production, marketing and distribution of contents to consumers easy, quick and cost effective. But one thing stands out now when compared with the way this corporations have handled the distribution of contents and the reward to producers.
Since they are middlemen, they have been able to influence the outcome or work of producers so as to be generating much more financial reward from these producers since they hold the distribution mechanism. Content producers may decide to go for self distribution, but then when the budget for the enterprise is considered, its best to stick with the corporations who charge outrageously to market and distribute the contents.
There is another problem, a producer may not wish for his/her work to be used for certain works but may find it so. These are some of the problems faced by content producers. It’s an ugly situation but then there is no choice as these corporations own large marketing budget and access to wider market range. However, today there is a solution to these problems. The blockchain technology has created quite a digital revolution which is changing how business is done and how we understand relations.
The development of the Ethereum platform as a boost to the core function of the bitcoin function has created and given businesses ways to better their operations and how redo business. By employ the functionality of smart contracts development, Wemark has just the right business model to give content producers the solution to the problems it is facing.
What is Wemark?
Wemark is a marketplace powered by the Wemark protocol which was developed to achieve a distributed system for digital content. Wemark seeks to provide the solution to the various problems faced by content producers by providing a similar model of business which centralized organizations such as Shutterstock offers but using decentralized model of business which ensures transparency in operations, better financial reward for content producers upto 85% of the sales proceeds which quite contrast the reward model of centralized content distribution platform who pocket a large amount of the reward for themselves owing to their monopolistic structure.
With Wemark, content producers hold ultimately the right to who they can license their contents to, who can access it and who uses it. Also, Content producers are provided the fascinating features of blockchain technology which is immutability of agreement.
Curators can set agreement on how their content can be used and be rest assured that no party can influence the agreement as it is immediately recorded on the blockchain through smart contract. Once a distribution agreement is reached and met, there is immediate transfer of economic benefits from whom the content is licensed to, the content creator and to the platform –Wemark who will hold a proposed fee of 15% of the sales proceeds.
This is made possible by utilizing the Wemark token which will power the marketplace. One thing is certain, with Wemark, Content producers will have no need to be afraid of their hard work going down the drain by piracy and other vices.
Wemark is the content producers’ FRIEND.
More Resources Below
Telegram Community: https://t.me/wemark || Official Website: http://wemark.com/ || Ann Link: https://bitcointalk.org/index.php?topic=3347524.new#new
