Photochain is a blockchain-based peer-to-peer stock photography platform.
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What is Photochain
Photochain is a blockchain-based P2P stock photography platform.
The Photochain platform will employ the Photochain DApp, built on the Ethereum blockchain, and machine learning to meet the specific requirements for stock photography. The Photochain DApp is designed to facilitate direct communication between artists and their audiences. After verification of their identity, the artists will be able to use the Photochain platform to sell their works at a desired priced. Any Photochain user will be able to act as a buyer. Buyers will not have to provide any persona information.
The Photochain ecosystem will also have moderators who will be resolving issues and sustain the community. The moderators, together with Photochain Governance, will be responsible for the platform stability.
The developers have envisaged a ranking system that is supposed to motivate and encourage the participants. For example, all Photochain sellers will receive 1 point to their ranking for each piece sold. One point equals 0.1 Photochain token (PHT).
The Photochain token (PHT) is an ERC20 utility token that will be used for all transactions and rewards.
Photochain mainnet launch is scheduled for Q2 2018.
DetailsPublic sales: Apr 06, 2018 - Jun 30, 2018
Pre-sale token supply: 10000000
Token supply: 165723285
LegalRegistration country: Estonia
Token infoTicker: PHOTON
Token standard: ERC-20
Token price in USD: 1 PHOTON= 0.0629629 USD
Token price in ETH: 1 Token = 0.000170 ETH
Accepted currencies: BTC, ETH
Token price in USD:
06.04-18.04 - $0.084
19.04-08.05 - $0.096
11.06-20.06 - $0.108
21.06-30.06 - $0.114
79% - Crowdsale
11% - Team and Management
7% - Bounties and Partners
3% - Legal and Advisory
30% IT Development
10% Copyright and Licensing
5% R&D and Platform Evolution
4% Legal, Accounting and Audit
4% Cooperations with Photo Agencies
4% Allocation to contributors
3% Business Development
2% Business Development
Idea & Business Case:
Idea, development of business case and market research.
Project evaluation. Development of the DApp prototype. Starting to form a team.
Preparation for crowdsale:
Marketing and preparation activities.
Getting support from blockchain and photography community.
Registering company in Estonia.
Starting to form advisory team.
Private ICO pre-sale:
Private Pre-Sale at special discounts for early supporters.
Developing new partnerships.
On-boarding Beta Customers/Advocates
Preparing ICO platform provided by Swisscom Blockchain AG.
Main ICO sale - Part:
Executing ICO with different stages and discounts.
Establishing a connection to the Cryptovalley.
Meeting regulatory compliance requirements.
New collaboration in the photography industry.
ICO on pause - Focus on Business Development:
Strategic company decision to pause the ICO in order to focus all resources on developing the prototype and
boosting business development.
Main ICO sale - Part 2 & Prototype Release:
Resumption of the ICO with different stages and discounts.
Photochain DApp beta release.
Continuing business and product development.
Minting of Photon tokens at the end of the ICO.
Prepare go-to market:
Continuous development of the Photochain DApp.
Mainstream adoption campaigns for Photography industry.
Expanding development team.
Photography influencer support campaigns.
Trading Smart Contracts on Ethereum Mainnet.
Adoption of Photon token/fiat exchange.
Implementation of new IP Rights management.
Acquisition campaigns (photography stocks) for fast scaling.
Preparing operational services.
Fostering key partnerships within the photography and copyright industry.
Photochain API for better integration with other services.
Partnering with market leading brand in the photography industry.
Photochain Web - DApp 1.0 with basic functionality on main OS.
Launch support services.
Continue developing Photochain DApp.
Client growth strategy.
Accept new forms of payment.
3rd Party Integrations.
Integrating with other media blockchain DApps.
Simplification & Improvement of UI.
Paid micro services for strong revenue.
Readiness for the complete mass adoption.
Blockchain as protocol in the background.
Partnerships with agencies.
Stabilizing the vitality of the Photochain ecosystem.
Supporting hardware gadgets for Photochain (camera support for direct uploading of photos to Photochain)