Microstock Photography Forum - General > Selling Stock Direct
Peer-to-peer direct stock selling platform (WireStock)
Sean Locke Photography:
I don't think you understand what symbiostock was. Not the hosted pls form.
Anyways, I'm not interested. I don't have time or interest in finding my own buyers. That's why I split the fee with an agency. "Blockchain" sounds cool and trendy, but I don't see how that helps anything.
If people want custom work, they can just get in contact. I don't need a platform for that.
cthoman:
--- Quote from: Sean Locke Photography on October 21, 2017, 16:14 ---I don't think you understand what symbiostock was. Not the hosted pls form.
Anyways, I'm not interested. I don't have time or interest in finding my own buyers. That's why I split the fee with an agency. "Blockchain" sounds cool and trendy, but I don't see how that helps anything.
If people want custom work, they can just get in contact. I don't need a platform for that.
--- End quote ---
Yeah, sounds like the original Symbiostock. Where individual sites were grouped into networks. Unless, I'm misunderstanding the P2P aspect of it. It would be nice to have a new software platform to run my site on. Everything seems to get old and broken in a short period of time though.
Jo Ann Snover:
Did licensing stock become a target for blockchain technology boosters somehow? This is the second fishing expedition in a short time that was long on technology, short on problem solving:
http://www.microstockgroup.com/newby-discussion/hey-all-i-am-newbie-on-this-website/
I was about to complete your survey, but you want an email address. I don't mind handing over some data anonymously but I'm not willing to provide income range and an email address to some random survey request.
I didn't think the survey was very well put together - for example, you have a very small list of things we'd like changed in existing agencies that doesn't even begin to cover the issues contributors face. There's no "other" option for input.
I participated in Warm Picture (a collective site) and Symbiostock in its original incarnation (a network of independently hosted sites) - in other words I am open to finding alternatives to the existing agencies.
However, unless there is a plan to attract buyers I have no interest in hearing anything about the great technology with which you (or anyone else) will build a site/network/platform/collective/???
Technology is not going to find buyers or cause them to switch from Getty, Shutterstock or Adobe Stock. Tossing in buzzwords about which technology you'll use really hurts your pitch instead of helping it - it suggests you're up for the technical challenge and uninterested in the heavy lift of building a business.
"...buyers and contributors will be better off by having full control over pricing and distribution..." Full control sounds good, but what does this really mean? Buyers never control price or distribution and contributors are only better off in control of both if they have buyers as customers. Which comes back to marketing the site to attract customers away from the existing agencies - how will you do that?
mike_snaps:
--- Quote from: Jo Ann Snover on October 21, 2017, 17:02 ---Did licensing stock become a target for blockchain technology boosters somehow? This is the second fishing expedition in a short time that was long on technology, short on problem solving:
http://www.microstockgroup.com/newby-discussion/hey-all-i-am-newbie-on-this-website/
I was about to complete your survey, but you want an email address. I don't mind handing over some data anonymously but I'm not willing to provide income range and an email address to some random survey request.
I didn't think the survey was very well put together - for example, you have a very small list of things we'd like changed in existing agencies that doesn't even begin to cover the issues contributors face. There's no "other" option for input.
I participated in Warm Picture (a collective site) and Symbiostock in its original incarnation (a network of independently hosted sites) - in other words I am open to finding alternatives to the existing agencies.
However, unless there is a plan to attract buyers I have no interest in hearing anything about the great technology with which you (or anyone else) will build a site/network/platform/collective/???
Technology is not going to find buyers or cause them to switch from Getty, Shutterstock or Adobe Stock. Tossing in buzzwords about which technology you'll use really hurts your pitch instead of helping it - it suggests you're up for the technical challenge and uninterested in the heavy lift of building a business.
"...buyers and contributors will be better off by having full control over pricing and distribution..." Full control sounds good, but what does this really mean? Buyers never control price or distribution and contributors are only better off in control of both if they have buyers as customers. Which comes back to marketing the site to attract customers away from the existing agencies - how will you do that?
--- End quote ---
Hey Jo,
The email address in the survey is optional, so you can just skip it. The "other option" to the question you mentioned is now available. We would appreciate if you could complete it now.
I am happy to hear that you are open to finding alternatives which is not surprising given the tiny royalties paid by agencies in comparison to how much they charge buyers.
First of all, I would like to note that I was a buyer of stock photography for a few startups that I managed in the past. Besides marketing that does not provide actual value for customers, what really attracts buyers is the low price of stock photo as well as the flexibility to purchase photos in small quantities and not having to pay for subscription for ridiculous prices. By using blockchain technology, we are able to offer something which current agencies are not. It is the flexibility for buyers and contributors to freely trade stock photography by setting their prices without being charged high percentage transaction fees. By solving the microtransaction problem, we will be able to create an environment where buyers will pay 30-50% less while contributors will earn 30-50% more for the exact same content. This is only possible with decentralization and microtransactions available through blockchain. So to answer your question, buyers will switch to our platform as they will be able to pay significantly less as well as buy content on demand without increased rates (the case with most existing large agencies).
Justanotherphotographer:
How does block chain help with the costs of transactions exactly? Genuine question as it seems to be flavour of the month buzz word to drop into any new business idea.
I can see it being as a way to finally be able to track all license sales for a particular image but can't see any advantages to sales transaction processing right now.
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