Comparison between wemark and other online content market places.
What I will do in this my article today is will try to compare women to other content marketplaces (youtube, getty images shutterstock).
The current market places we have for content creators to sell their original contents are big and because they are big they tend to charge a lot from both the seller and buyer . These companies on average touch sellers about 75% of their profits and because sellers have no other alternatives they are forced to sell their products.
Content creation is not like your everyday business where you can walk to the market and sell your product in this industry you need a platform that will serve as the marketplace where you can upload your products and all your buyers can go to that marketplace and purchase your product.
The system that this industry works with is centralised allowing only a few big companies to control the industry and the industry has grown so big that it has created companies worth billions of dollars.
What wemark will do is change the industry completely they would use blockchain which is a much more faster reliable and transparent unlike the current system that uses the internet which is centralised, not transparent or reliable it is not fast when compared to blockchain.
Wemark will use blockchain to decentralize the industries so that content creators can upload their contents from a decentralized source making the industry decentralized means no company will be able to control the industry.
Wemark will cut down the charges content creators have to pay before they get their contents in the marketplace by charging them only 15% of their profits rather than the 75% they charging they pay in the current system, it will also give them full right over their contents they will supply their contents to the marketplace and still have control over it because the Wemark marketplace will allow for peer to peer transaction.
For the buyers they pay less for any content they want because wemark will remove all middle men and middle men are the ones that increase the price.
The current content marketplaces accept and use only fiat as their accepted medium of exchange when you use fiat the transaction is slow and is not transparent. wemark will use cryptocurrency as they have created their own token (WMK)that would be used, it will makes all transactions on wemark to be faster and transparent.
In this my article I have given just a few reasons that wemark has when it is compared to our current content marketplaces you will feel the need to have and use wemark.
I would also like to state that wemark will be used in stock photography industry but will advance further into media market industry in the long run .
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