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Author Topic: Peer-to-peer direct stock selling platform  (Read 14378 times)

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« Reply #250 on: December 06, 2017, 10:44 »
0
And if bitcoins don't work out you can always invest in pets

http://www.bbc.com/news/technology-42237162


...or IOTA, which your fridge and your toaster will use.


« Reply #251 on: December 06, 2017, 22:08 »
+3
And if bitcoins don't work out you can always invest in pets

http://www.bbc.com/news/technology-42237162 [nofollow]


This article drives home the fact that blockchain is still new and it might not be ready for prime time use by businesses yet if a game can slow it down this much. Thanks for posting that.

For the stock video and photo industry perhaps a traditional peer to peer network would be better then, lets call it StockWire for the sake of this discussion, everyone has their content on their own drives, there is this app that allows customers to search for titles and keywords, preview the clip and then add it to the download folder and upon pressing download button this is were you would be stopped and asked for payment, once payment is made the download takes place and payment is sent to the vendor.

Exactly like how Limewire used to work except with a payment option for buyers, the operators of the app would take a small percentage but considering that the files are stored locally on artists own drives we don't have the massive storage costs on AWS or server farms, we don't need expensive offices and all that many staff so there would be a lot less overhead in running the operation decentralized like this.

Key is to have it super easy to search, pay and download for the customers, just like they have it with the current sites and similarly for the content producers. Customers aren't gonna do anything from the command line so this needs to be super easy and simple and work on desktop/laptop and mobile flawlessly or the customers will not like it and not use it.

Peer to Peer just might be the way to go and maybe skip blockchain for now until it's ready or if someone wants to do an ICO and raise millions that might work too but conventional peer to peer would be fine.

This way prices could stay the same but artists could keep more of their hard earned money, right now we give up 50-75% or more of our earnings to the agencies.

As for what prices the buyer would have to pay, depends on the artist, they would set their own prices for various content and the buyers can decide what they want and can afford to pay and the agencies have massive costs but the end result is this is not sustainable as a business any longer for the suppliers.

This might also make things more secure in come cases, there has been ongoing incidents of theft of video and photos from these big agencies with their "IT teams", same with how many other big firms? Equifax anyone?, the average artist would probably have better security on their laptops than these companies and they are smaller harder to find targets for the bad guys. 

I haven't been hacked yet or gotten one virus/malware in my life, my secret?, religiously do my operating system updates and my security software updates, I literally check for updates manually twice a day.  So now if I do happen to click on something bad it gets blocked real quick, I also turn off things like webRTC, and of course the SMB protocol I have turned off to protect against many of the ransomware variants, there are a few other things but I can't remember but I'm just one person, not a professional security team.


I think a feasibility study is in order.



« Reply #252 on: December 06, 2017, 22:40 »
+3
"For the stock video and photo industry perhaps a traditional peer to peer network would be better then, lets call it StockWire for the sake of this discussion, everyone has their content on their own drives, there is this app that allows customers to search for titles and keywords, preview the clip"

We already had this (hosted on your own website).  It was called symbiostock.  Buyers didn't really care.  I don't really know if I want the world accessing my computer to download things.

« Reply #253 on: December 06, 2017, 22:48 »
+1
Read the thread properly and you will see it is not feasable, no quality control, no indemnity and no security, no offence, but why would I trust you?

Limewire worked because the data was on dozens or hundreds of computers and because internet speeds were grindingly slow you lose one node the others took over.  You could never guarentee that a bookmarked image would be available on demand with your peer to peer system.

« Reply #254 on: December 09, 2017, 10:48 »
+1
Read the thread properly and you will see it is not feasable, no quality control, no indemnity and no security, no offence, but why would I trust you?

Limewire worked because the data was on dozens or hundreds of computers and because internet speeds were grindingly slow you lose one node the others took over.  You could never guarentee that a bookmarked image would be available on demand with your peer to peer system.

All valid points and good to discuss, on the issue of security I disagree, I mean just look at the massive thefts from shutterstock and other sites, I think some of us have better security on our local drives than these big companies.

The indemnity problem is also a problem with all these free sites and sites selling stolen content, I am pretty sure people who are obtaining content illegally from those sites in the first place aren't too worried about obeying the law.

As for everything else, obviously there it's a lot more involved but one thing is for sure and that is the status quo is not working, sales dropping across the board to new lows every month, every year, cuts in commissions via all these new and exciting  ways to make less money.....it's not working.  So the question is, what would work?.

What would work?, can it be done?, how do we do it or a potential new player in the industry do it with a different and lower cost technology?.  Current business model is broken for us and the agencies as well or they wouldn't be in a race to the bottom but in a race to raise prices as high as the market will bear.

It is very possible that it's game over as far as making a living at this, change is happening so fast these days my head is spinning and many industries are simply going away.

But the time is over for shooting down any and all ideas, we need to figure out what if anything....will work.


« Reply #255 on: December 09, 2017, 11:11 »
+2
Speaking of security, not two minutes after my last post I saw a lengthy thread in the SS forum about some new fraud outfit called foundstock giving away the entire SS database, apparently due to a bug or hacking of the API that links them to Facebook.

And how many of these sites have these new and exciting partner programs that give us the opportunity to lose more money incrementally by opening up the database to large volume buyers with deep pockets who otherwise couldn't afford to pay regular prices?.  Well the hacking has started and entire databases are now wide open and content flowing out for free.  I trust the security of my laptop more than any of these big companies these days and not just stock sites.

At this rate we will all be out of business soon, you can't compete with free and these big companies like SS have many millions of files that are now available for free download so why would anyone pay?

In addition to a new business model for this industry a new security protocol is needed but it's not always technology at fault it often humans, when access is given to these global partners and whatever the security of the database ends right there, you don't know know how the partner companies have configured their databases and what security they have in place, they may even say "we take your security seriously" but unless you personally configured everything you don't know.

Recently in the news it was reported that the department of national defense left hundreds of thousands of files on an AWS server.....with no password and there was another private company that was just hacked and same thing, 50 million+ pieces of customer data sitting on a well configured server but with no password.

I'm trusting these companies less my the minute.


 

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