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Author Topic: Peer-to-peer direct stock selling platform (WireStock)  (Read 140309 times)

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« Reply #275 on: April 13, 2018, 12:20 »
+1

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


This article drives home the fact that blockchain is still new and it might not be ready for prime time use by businesses yet

(...)

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. 


Very good points you're making here, this pretty much nails it when it comes to those agencies (as well as all the other 'experts' out there)! Love it.

Quote
I haven't been hacked yet or gotten one virus/malware (...)


never fell victim to any successful attack on any of my personal boxes either -- it usually just hits the very dumb ones out there who came to the internet AOL-1992 style... :)

Quote
I think a feasibility study is in order.


This post was the only well-written one so far, also apparently by the only one on here actually knowing a bit about blockchain, decentralization, and 'more simple' peer-to-peer specifics.

You're also the only one addressing the real questions and issues, skipping the useless polemics so common here on MSF with all those nay-sayers with their history of hardship and alienation by a cut-throat market and price dumping between conventional stock image agencies (who are not a photographer's friend, indeed)...

Be that as it may, the common hesitation on here against anything smelling of another 'New-Symbiostock' thing may be understandable -- but it's also a mindset that makes it easy for Shutterstock and look-alikes to further corner the market (to the disadvantage of image artists, the main casualties here).

Essentially on the same page as you here, completing the questionnaire and interested to see if it leads to a feasability study. Hopeing for an OpenBazaar-style market for stock photo and video myself. Maybe this will be it???
« Last Edit: April 13, 2018, 12:48 by marquixHD »


« Reply #276 on: April 14, 2018, 06:00 »
0
And how can we withdraw dollars or euros to Paypal / Payoneer or our bank account?

I think you should enable converting Stocken to dollar / euro directly on your site.


edit: Also, I don't know who on Earth will be willing to buy Stocken. You would need a powerful marketing for that.
« Last Edit: April 14, 2018, 07:52 by stockman11 »

« Reply #277 on: April 14, 2018, 16:02 »
0
And how can we withdraw dollars or euros to Paypal / Payoneer or our bank account?

I think you should enable converting Stocken to dollar / euro directly on your site.


edit: Also, I don't know who on Earth will be willing to buy Stocken. You would need a powerful marketing for that.

We are leaning towards the option to allow dollar conversions and withdrawals on our website for larger amounts only (e.g. above $100) available at any time. For smaller amounts, we will allow conversions to ethers, bitcoins and other major cryptocurrencies.

« Reply #278 on: April 14, 2018, 16:21 »
0
And how can we withdraw dollars or euros to Paypal / Payoneer or our bank account?

I think you should enable converting Stocken to dollar / euro directly on your site.


edit: Also, I don't know who on Earth will be willing to buy Stocken. You would need a powerful marketing for that.

We are leaning towards the option to allow dollar conversions and withdrawals on our website for larger amounts only (e.g. above $100) available at any time. For smaller amounts, we will allow conversions to ethers, bitcoins and other major cryptocurrencies.
You will gain more contributors if you allow conversions and withdrawals for as low amount as possible. That's important, especially for a new site. Canva allows withdrawals from as low as $2.

« Reply #279 on: April 14, 2018, 17:15 »
0
And how can we withdraw dollars or euros to Paypal / Payoneer or our bank account?

I think you should enable converting Stocken to dollar / euro directly on your site.


edit: Also, I don't know who on Earth will be willing to buy Stocken. You would need a powerful marketing for that.

We are leaning towards the option to allow dollar conversions and withdrawals on our website for larger amounts only (e.g. above $100) available at any time. For smaller amounts, we will allow conversions to ethers, bitcoins and other major cryptocurrencies.
You will gain more contributors if you allow conversions and withdrawals for as low amount as possible. That's important, especially for a new site. Canva allows withdrawals from as low as $2.

Have they dropped the $2 fee for lower withdrawals?

« Reply #280 on: April 14, 2018, 17:23 »
0
And how can we withdraw dollars or euros to Paypal / Payoneer or our bank account?

I think you should enable converting Stocken to dollar / euro directly on your site.


edit: Also, I don't know who on Earth will be willing to buy Stocken. You would need a powerful marketing for that.

We are leaning towards the option to allow dollar conversions and withdrawals on our website for larger amounts only (e.g. above $100) available at any time. For smaller amounts, we will allow conversions to ethers, bitcoins and other major cryptocurrencies.
You will gain more contributors if you allow conversions and withdrawals for as low amount as possible. That's important, especially for a new site. Canva allows withdrawals from as low as $2.

Have they dropped the $2 fee for lower withdrawals?
No they didn't.

« Reply #281 on: August 12, 2018, 13:54 »
0
 "However, we try to talk to investors who are familiar with this space and understand the value of a decentralized marketplace for stock content."

It is EQUALLY if not MORE important for your investors to understand the value of the images being sold. The value of the platform nothing without great, original, well-curated images.


 

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