Ico Start Date: 05-Apr-18
Ico End Date: 08-May-18
Photochain revolutionizes the status quo of stock photography. It is a decentralized, peer-to-peer stock photography platform on blockchain with fair conditions, attractive incentivation mechanisms, lowest fees in the market and full control over the content, price and license type for the photographer. On the IPFS Photochain database, each uploaded photo is linked to a photographer through a blockchain transaction. This link cannot be removed or manipulated in any way. Photochain is in the pole position and ready to disrupt the monopolized stock photography industry with a great, experienced and influential team and board of advisors. We recently won 3rd place in the ICO Pitch Competition at the Blockchain Leadership. Thanks to our attractive demo MVP, the judges could see envision exactly what the final product will look like in addition to what we will achieve for photographers. We are partnered with the highly rated Swisscom Blockchain for advisory on our ICO and future strategy.Art
Photochain is created around 4 key pillars.
We want buyers and sellers determine their own terms of sale, so we allow them to trade directly with one another. Using blockchain to remove the need for costly processing, we guarantee photographers to receive 95% of the earnings from their works. Easy Onboarding
A simple identity verification for all photographers. Unlike with traditional photostocks which require lots of prerequisites, a user can be actively selling work in minutes. The removal of prerequisites further allows the platform to be fully accessible and profitable to hobby, amateur and professional photographers alike. Digital Copyright Chain
Our decentralized database ensures each uploaded photo is hashed into the blockchain and permanently linked to its owner. This link cannot be changed removed or manipulated in any way. Any further uploaded image is also hashed and compared to the existing DCC for copyright fraud. Additionally due to the permanent link, any misuse of the image outside of paid licenses is easily detectable. Crypto Economy
We are helping to build a crypto economy, where we have more control over our data. A fairer economy where you are rewarded for your work. We believe photographers deserve fair compensation for their efforts and their creativity.
Idea, business case and market research.
Project evaluation. Development of the DApp prototype.
Strategy & Design. Go-Live of the DApp prototype.
Preparation for crowdsale. Communication and marketing activities. Commitment of the Blockchain Community. Commitment of the photography community. Legal form. Advisers and new team members.
Pre-Sale preparations. Private Pre-Sale at special discounts for eraly supporters.
Private Pre-Sale preparations. Private Pre-Sale at special discounts for early supporters. Enhanced documentation and planning. New team members. Community growing. New partnerships.
Transition. Preparation for Main Sale Event . Compliance and regulations. Developing a more comprehensive Photochain DAPP version.
Main Sale event (ICO). Publishing of new collaboration partners. Regulatory compliance for our Main Sale Event.
Operation. Photochain DApp Version 1.0 on the Ethereum. Mainnet. Trading of the PHT Tokens at Crypto Exchanges.
Continual improvement. Photochain DApp as standalone client on all common operating systems.
Team is great. Technology is good Vision is great. after reading whitepaper with an emphasis on value proposition and ROI, I do not see this as a good invesment.
Great idea, good job!
++ Solid team with huge experience around photography IP etc. ++ Great vision. Photography monopoly has to be disrupted using power of Blockchain ++ Working MVP, detailed whitepaper +- Execution could be very challenging as imposing IP isn`t that simple.
Passed on kyc Have demo Great team and advisory board ....
A promising idea if well implemented. The team deserves 5 as well
Solid team, interesting idea
It's a compelling idea, and a good example of a viable blockchain usecase. Team looks well fleshed out, challenge will be to execute faster than others - as they will not be the only people trying to pull this off.
No actual product, just a demo! Whitepaper is average! Be careful before investing! Update: Updated rating after the chat with the founding team member.
Working MVP. Experienced team. The existing monopolized market, where decentralization will substantially increase the earnings of users. 35.000 subscribers in Telegram. Very strong project.
Good vision Need working product
I see big things coming for this ICO. Had a great chat with the team, they are determined and passionate about their project. I see nothing but success on their minds
Nice project, definitely fit the needs for people, but it would be crowded soon for the decentralized system upon IPFS.
Experienced team and advisers. A promising project, this service will be in demand
Finally a solution that addresses IP around photography. The incumbents in this space are horrific. Getty tried to charge Carol Highsmith for her own photo - and she had donated her life's work 18,000 of her photos that she had already donated to the public for free, via the Library of Congress. Awesome!
Great idea and good work on the MVP! I believe Photochain can easily attract a lot of users!
Team Pros: - a lot of knowledge and experience with UX and tech Cons: - Vision Pros: - distribution platform for photos where the content provider gets a fair share Cons: - distribution with moderators but less a community, Product Pros: - creators get finally a fair share - low fees for the creators - moderation and reward system Cons: - censors offensive content quite massively - pure utility token - Management & Team & Legal getting 14% of the tokens - 4% of the tokens for Advisors updated 11.04.18 after new information from Ralf Gerteis
Good and reasonable vision, focusing on an essential problem. As attractive that direction is, as big the competitors will as soon as the adoption starts to rise. The product itself doesn't seem finished yet but I'm convinced they will deliver.