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IPStock is an ecosystem which implements visual digital content registry on blockchain and license management through smart-contracts. We address the global stock images market which includes photos, illustrations, videos and other visual content, with projected market size of more than $10bln by 2022 where players buy and sell copyright licenses. We will revolutionize and expand this market with a decentralized blockchain platform based on our existing products.
Currently this market has no transparent or efficient mechanism to control and manage the copyrights of artist works and fees for licensing. This limits exclusive rights trading growth and creates different legal problems for both sides of the deals.
We are building a decentralized blockchain platform to manage visual content copyrights with smart-contracts. It will be easy to control content copyrights & authenticity, manage licenses and avoid legal risks. The platform will also help to get rid of traditional (non efficient) intermediaries. Our goal is to significantly reduce costs for the final consumers, increase artists’ profits and let the market grow.
Over the last five years, we have become known as a leading solution in the stock images market. We created the world’s strongest vector graphics portfolio which is now recognized #1 globally by revenue due to our unique application of advanced technologies including Big Data research. In Switzerland we created the world’s leading cloud service for content providers which helps manage visual digital content portfolios. We have also launched a marketplace for premium images. Our team has deep technological, business and legal expertise; and we are supported by Geneva accelerator fund Fongit, one of our shareholders.
We believe that our solution will significantly change the copyright market landscape and make this market as transparent and efficient as it should be, finally.
Using resources gained through fundraising and the use of IPS (IPStock Token) will allow us to apply blockchain technology with the visual digital content market and, as a result, the biggest issues with copyrights protection will be resolved being the basis for transparency and significant growth of this market. We are ready for the next step – our platform will change the copyright market landscape forever!