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Friday, March 16, 2018

PHOTOCHAIN - Award In Photochain Ecosystem

Foto Photochain.

Greetings Community,

The revolution of stock photography
Photochain uses blockchain technology to rediscover photostocks around buyers and sellers.

Blockchain allows fully secure and verifiable transactions for both buyers and sellers. You can trust your works are safe.

Digital works are encrypted and stored on the decentralized database. No central business controls your uploaded photography.

The DApp is to be used exclusively for trading photography. We use bots to ensure only acceptable content is listed.

Your work is permanently linked to your identity throughout the blockchain. This and machine learning plus our active community, protect you against fraud.

Photochain Vision

Photochain Vision Scheme

Photochain's Mission

Photochain gives clear advantages over conventional photo stocks to both kinds of users: contributors and customers. Contributors at Photochain benefits from an extremely low fee - only 5% of the selling price. This opportunity to keep 95% of the final sale price allows contributors to offer their work cheaper, and consequently the market becomes more affordable for customers. This type of fair market not only benefits the photography industry as a whole, as the possibility of increased income incentivizes contributors to perform better.

These profound market changes are made using blockchain technology, Smart Contracts, machine learning and Photochain's own user community. Most of the processes become automated and decentralized, reducing costs of platform governance. It is unavoidable that more and more stock photography contributors and customers will prefer to use Photochain.

The development of the Photochain platform is an ambitious and organically growing process. Our main aims for the project come under three significant prongs:

• P2P Marketplace
It is very important to us that buyers can buy their products. Our platform provides the opportunity to synergies from Blockchain technology and machine learning.

• Crypto Economy
The platform Photochain appeals to a broad audience that are still adopted of blockchain and cryptocurrency technologies. The relatable use case of "Photochain" will appeal to this audience. The easy-to-use GUI and trading processes facilitate the onboarding process and support the Crypto Economy to become mainstream.

• Photochain Digital Copyright Chain: DCC
Over the course of the project, more and more artists will be able to strengthen their copyright using the Photochain platform, since their works will be linked to their name. This link is manifested as a transaction in the Ethereum blockchain and is therefore visible to all users at all times. This means that the artist's ownership of the image can be accounted for. The database with all manifested links has been constructed in a decentralized way, (for further details, see chapter 2). We call this database a DCC.

Photochain's Ecosystem

The Photochain DApp is a specialized platform in the trade of stock photography, in which the processes are reduced to a minimum requirement in order to guarantee simplicity and transparency.

Photochain Token

We are realizing the Photochain DApp through the token sale Photon. We have successfully completed our private pre-sale and our main sale will begin on 25th March 2018.

In line with best practices during the sale, the amount of Photon tokens will have a realistic hard cap, at which point we will close the sale. PHT tokens will be following the end of the main sale. It may take up to 30 days to fully distribute all tokens.

To prevent us from falling foul of potential futures regulations, we ask for a KYC and anti-money laundering check for each contributor to the token sales. This protects both contributors and us. This also reflects our long-term commitment to comply with all legal and regulatory requirements that may be required of us.

PHOTON Token is the means of reward in the Photochain Ecosystem and represents the tokenization of digital visual works.

PHOTON Tokens (PHTs)
Standard: Ethereum ERC20, utility based
Max Supply (Hard Cap): 230,000,000
Release date: issued after crowdfunding
Represented value: tokenization of digital visual works

April 2017
Idea, business case and market research

June 2017
Project evaluation
Development of the DApp prototype

September 2017
Strategy & Design
Go-Live of the DApp prototype

October-November 2017
Preparation for crowdsale
Communication and marketing activities
Commitment of the Blockchain Community
Commitment of the photography community
Legal form
Advisers and new team members

December 2017
Pre-Sale preparations
Private Pre-Sale at special discounts for eraly supporters

January 2018
Private Pre-Sale preparations
Private Pre-Sale at special discounts for early supporters
Enhanced documentation and planning
New team members
Community growing
New partnerships

February 2018
Preparation for Main Sale Event
Compliance and regulations
Developing a more comprehensive Photochain DAPP version

Q1 2018
Main Sale event (ICO)
Publishing of new collaboration partners
Regulatory compliance for our Main Sale Event

Q2 2018
Photochain DApp Version 1.0 on the Ethereum
Trading of the PHT Tokens at Crypto Exchanges

Q3 2018
Continual improvement
Photochain DApp as standalone client on all common operating systems.

For More Information:

The bitcointalk name :Aray80

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