What is Wemark Project?

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What is Wemark Project?

Wemark is a new marketplace for web content that will initially specialize in photos. Wemark aims at completely revolutionizing how content marketplaces work and the basis on which they operate. The platform is blockchain-based and seeks to decentralize the digital content market, which is under the control of very view companies, groups, or agencies.

Wemark builds a blockchain-based system for digital content distribution to cut out an intermediary from stock photography industry and allow content creators to license their content directly to consumers. Wemark platform will function as a "distributed marketplace," where photographers and digital artists will be able to control the copyrights and manage their projects.

Wemark Solution:

Maintaining control

The platform allows creators to directly deal with customers by licensing their content to them without intermediaries. This means that they maintain control of their content, which includes the rights to the content as well as the price.

Transparency

Through the blockchain basis all the payments and transactions that happen through it easily monitored or audited by all interested parties this ensures that there is maximum transparency.

Faster payments

The platform makes transactions in the digital market industry faster as the transactions are through the blockchain, which automates the distribution and the management of payments.

Incentives

Platform users can easily earn tokens by referring more people to the platform or by promoting products on the platform.

Favorable terms

A distribution contract registered on the blockchain will be signed between the creator and platform. Therefore, there cannot be an alteration or breaching of the agreed terms.

Wemark Features:

Wemark will develop technology to help customers find photos based on their exact needs (for example, by searching similar photos to a photo they already like, or describing the photo they need in natural language, like: “Russian family in vacation with 3 or 4 children”). As Wemark develops and implements this technology, they will be able to accept more photos, while still improving the search experience of customers.

The introduction of their own tokens will further simplify all mutual settlements within the Wemark ecosystem.

The creators of the Wemark project decided to use blockchain technology to achieve the most important goal - full protection of copyrights of photographers. Thanks to this synergy and the use of smart contracts, the authors can be sure not only that they will receive a well-deserved reward, but also literally monitor all the actions that are performed with their pictures.

It Offers Superior Quality Products

WeMark offers the best of quality when it comes to digital contents. This blockchain technology based site gives you access to superior quality photos created by talented professionals. Unlike many sites, which accept just any photo, this site is very selective when it comes to photos that can be sold on it. It is big on quality, which ensures that buyers are able to get excellent stuff.

2. No Middlemen

WeMark does not involve middlemen. This allows buyers and sellers to transact directly. The unavailability of intermediaries means sellers are able to keep all the money to themselves. It also implies that buyers are able to get better deals.

3. Sellers Are Able To Retain Most of the Rights to their Work

It is a known fact that many websites compel artists to give up most of the rights to their work, despite charging them more to advertise that. With WeMark, it is a different story altogether. Here, artists are able to retain most of the rights to their work.

4. Secure Transactions

The fact that this website is powered by the blockchain technology means that it offers a higher level of security. Sellers do not have to worry about the site getting hacked, leading to the loss of their funds. Buyers, on the other hand, need not fret about their bank account details getting captured by third parties and used to steal money from them. Any website that is powered by this technology is 100 percent hackproof.

5. Easy To Use

The WeMark digital marketplace is designed with ease of use in mind. It is extremely easy to list contents or purchase contents on this platform. To upload items that you would like to sell, all you need to do is to click sign-up and fill in the brief form that shows up. After that, you are required to upload your photos before clicking finish to have the items published.

For buyers, all they have to do is choose from the powerful selection of digital contents available on this site. After that, they are supposed to make their payment before they can be able to download the file.

Founding Team:

Wemark team is made of 12 hard working men and women with vast experience in marketplaces, software engineering, crypto, UX and growth. We come from the background of leading organizations, startups and corporations in the Israeli ecosystem, such as 8200 (the elite intelligence unit of the Israeli defence forces), Zell Entrepreneurship program, Wix, SAP, Intel, etc.