PHOTOCHAIN ICO REVIEW
Currently we are living in an innovative 3.0 web era that enables global human networks, with the help of high data availability and high data throughput. The use of blockchain technology allows peer-to-peer (p2p) systems to operate safely and securely, without the need for central authority. This technology opens new horizons for architecture and software applications. It provides a list of safe and verifiable transactions that are available to all users at any given time. With so-called Smart Contracts, blockchain ethereum technology opens the possibility to check for true compliance with digital deals using machines. Therefore, conditions for the settlement of smart contracts are met only if both parties have fulfilled their digital contract portion. Therefore, the machine leaves no room for harmful interference. Ethereum 'Solidity' language flexibility facilitates the adoption of many use cases, the use of which was recently considered a utopian. https://photochain.io/
With the Photochain p2p platform, we released a new concept as the next generation of stock photography platform. We use this technology to allow fair trade p2p between digital works between artists and buyers.
Thus, the specific usage requirements for this platform, ensuring a safe, uncomplicated and fair trading process for both parties. Moreover, the artist receives up to 95% of the final sale price.
Mission Of Project Photochain
Photochain provides a clear advantage over conventional photo stocks for both types of users: contributors and customers. Contributors in Photochain benefit from a very low cost - only 5% of the sale price. The opportunity to maintain 95% of the final sale price allows contributors to offer their jobs cheaper, and consequently the market becomes more affordable for customers. This type of fair market not only benefits the users, but should also benefit the photography industry as a whole, as the possibility of increased revenue contributes to better performing contributions.
This profound market change is possible only by using blockchain technology, Intelligent Contracting, machine learning and the user community of Photochain itself. Most processes become automated and decentralized, significantly reducing platform governance costs. It is undeniable that more and more stock photography contributors and customers will prefer to use Photochain.
The development of the Photochain platform is an ambitious and growing process organically. Our ultimate goal for this project is under three important branches:
P2P Markets - It is important to us that only the artists themselves can determine the value of their work and they are given the opportunity to offer their work to many potential buyers. Our platform provides this opportunity that is realized by using synergies from Blockchain technology and machine learning.
The Crypto Economy - The Photochain platform appeals to a wide audience that currently still has not adopted blockchain and cryptocurrency technologies. The use case of "Photochain" can attract this audience. The easy-to-use GUI and trading process facilitates the onboarding process and supports Crypto Economy becoming mainstream.
Photochain Digital Copyright Chain : DCC - As the project progresses, more artists will be able to strengthen their copyright using the Photochain platform, as their work will be tied to their name. This link is manifested as a transaction in the Ethereal block and therefore visible to all users at any time. This means the artist's ownership of the image can be accounted for. Databases with all tangible links have been built in a decentralized way.
Photo photo token
We embody Photochain DApp through the token sale Photon. We have successfully completed our personal pre-sale and our main sales will begin on March 25, 2018.
In line with best practices during major sales, the number of Photon token issued will have a realistic hard hat, at which point we will close the sale. IPM token will be issued after the end of the primary sale. It can take up to 30 days to distribute all tokens.
To prevent us from violating potential future regulations, we ask for KYC and anti-money laundering checks for each token sales contributor. It protects our contributors and us. It also reflects our long-term commitment to comply with all legal and regulatory requirements that may be required of us.
PHOTON tokens are a means of appreciation in Photochain Ecosystems and are the tokenisasi of digital visual works.
PHOTON Tokens (IPM)
Ethereum ERC20, based utility
Max Supply (Cap Hard):
issued after crowdfunding
tokenisasi digital visual works
Allocation of Token
Team & Management 11%
7% Bounties and Partners
3% Legal & Advisory
Use of Results
30% IT development
5% R & D and Evolution Platform
4% Law, Accounting and Audit
4% Cooperative with Photo Agent
Allocation of 4% to contributor
Business Development 3%
Business Development 2%
PHOTON Tokens (IPM)
PHOTON tokens are useful tools used in the Photochain Ecosystem. Any type of transaction on the platform will require the use of PHOTON Tokens. The use case of Token photon is:
Access to the Photochain platform serviceRespect claims settlementPut it on the "featured photographer" - sectionDelivery services from Photochain partners (such as our 1World partners)Shown in search resultsOther microservices, which will make it easier for the Photochain Ecosystem in the futureAward systemFor the photographer and his servicesThe number of PHOTON tokens will be strictly limited by the stated Hard Cap. After Crowdsale, an additional 21% of PHOTON Tokens will be reserved for Teams, Advisory boards, Photochain partners and legals. After this event, no other PHOTON Tokens will be issued. Details of Token SalesTokens Sale Schedule March 25 - May 25, 2018Purchase of Ethereum Token , Bitcoin, LitecoinPrice Token 5.882 PHT / 1 ETHBonus -Total Supply Token 230.000.000 PHT
For more information:
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My ETH address 0x9Fc911D0378fEd94F4b8389174e1BBb674e61ef1