Photochain Platform And Token; Rewarding Art and Photography Beyond Local Stock Website.

The invention of the blockchain has helped P2P system as well as a decentralised community and authority. With the implementation of the blockchain technology, applications, software and business transaction have been done with transparency. The transparency of the blockchain has prevented malicious tampering.

Photochain and Why You Should Use It.

Photochain is a decentralized stock photography platform built on the blockchain for artist, photographers and those involved in artistic work.

In the past, not until now, Artist wants to sell their artworks and at that, they need a photo stock website, so they do go to stock photography platforms such as Shutterstock and many more but they end up receiving a tiny percent of the total amount the artwork is being sold. Also, the artist finds it hard to get their works approved by the photo stocks platform, thereby leaving them no option but to post many photographies and artworks so they can compete with other competitors. Also setting their own price is a major issue for the artists, the price is fixed by the photo stock platforms who serve as middlemen thereby determining the price and the customers they deal with.

With Photochain platform, everything is decentralised and on the blockchain. From the artist to the buyer, and down to delivery and payments, all this happens immediately, thanks to the smart contract used on the blockchain technology.

There is a win-win result between the contributors and the customers, and also delivers transparency. Photochain gives 95% of the final sales price to the artists (contributors).
Photochain is a fair platform where all users enjoy quality works at cheap and affordable prices also giving a one on one transaction process without an intermediary.

Photochains allow a simple and easy platform which is not complicated to amateurs. It gives a cheap cost for artwork royalty-free licenses which ranges from $0.20 to $50.00.

Unlike traditional photo stocks where substantial revenue is difficult to attain, the Photochain platform enables the users to sell their art easily.

About Photochain Token - Photon

This is the acceptable means of rewarding users on the platform on the platform. that is when a transaction is done on the platform, the token is used as a means of payment.

The token enables easy access to to the services offered on the Photochain platform. It is used to reward artists and will be used for other services which will be introduced to facilitate the ecosystem.

Token Details

Token Name - PHOTON (PHT)

Price per Token (in ETH) - 0.00017 ETH

Pre-Sale Cap (PHT Tokens) - 10,000,000

Main Sale Cap (PHT Tokens) - 170,000,000

Hard Cap (PHT Tokens) - 230,000,000

###Token Allocation

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ICO Sale

Pre-Sale:

• Start date: January 2017

• End date: Now closed

• Hard Cap: 10,000,000 PHT

• Currency accepted: ETH, BTC,

• Token exchange rate: 1 PHT = 0.000085 ETH

• Minimum transaction amount in Ethereum: 0.1 ETH

• Maximum transaction amount in Ethereum: unlimited

• Minimum transaction amount in Bitcoin: 0.003 BTC

• Maximum transaction amount: unlimited

Main Sale

• Start date: 06.04.2018 at 8:00 am CET

• End date: 18.05.2018 at 12:00 am CET

• Maximum Amount of Token: 230,000,000

• PHOTON Token overall ICO Hard Cap (for sale): 170,000,000

• Currency accepted: ETH, BTC

• The exchange rate is 1 PHT = 0.00017 ETH

Only sold and allocated tokens are minted

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Reference:

Website: https://photochain.io/ Whitepaper: https://docs.google.com/document/d/1C4UPA9-9o2cOLJOEYMIVwN_Fi3Ebtn2YcRua58hQ7_0/edit?usp=sharing Twitter: https://twitter.com/photochain_io Facebook: https://www.facebook.com/Photochain-141364963181927 Medium: https://medium.com/@photochain GitHub: https://github.com/photochain Instagram: https://www.instagram.com/photochain.io/

Authored by: gbenga88

Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4 Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874687