Photochain

A promising idea if well implemented. The team deserves 5 as well

Solid team, interesting idea

Team is great. Technology is good
Vision is great.
after reading whitepaper with an emphasis on value proposition and ROI, I do not see this as a good invesment.

updated

Passed on kyc
Have demo
Great team and advisory board ....

Finally a solution that addresses IP around photography. The incumbents in this space are horrific. Getty tried to charge Carol Highsmith for her own photo - and she had donated her life's work 18,000 of her photos that she had already donated to the public for free, via the Library of Congress. Awesome!

This is good overall, i like this and see good potential in this. Think the caps are high , but also good to see advisors who are relevant to project and not a rap sheet of 'names'

Good team and promising idea if it is executed properly with a comprehensive marketing strategy as this market is competitive. Further, the copyright infringement is now common in developing countries that can be a big challenge for the project to achieve success.

Good luck and happy to test it out.

This is a solution that addresses IP around photography is an amazing concept if implemented correctly. Due to competition by giants in stock photography, the PHT team needs to work harder. But I do see team to have great names in there which makes me confident.

Like the idea could be great project

This idea has a lot of potential, it's certainly an area that can benefit greatly from blockchain technology. A strong team and a good set of advisors are leading this

In my opinion this is a good idea. Especially with Search engines ranking pages with unique photos. The idea to cut out the middleman and go straight to the photographer is a good idea I think if done in the right way, especially with people/companies stealing images without paying the photographer, this is becoming more of an important issue that needs to be fixed.

*Please see my profile for disclosures

Good vision
Need working product

I see big things coming for this ICO.

Had a great chat with the team, they are determined and passionate about their project. I see nothing but success on their minds

It's a compelling idea, and a good example of a viable blockchain usecase.

Team looks well fleshed out, challenge will be to execute faster than others - as they will not be the only people trying to pull this off.

Great Idea, competitive space though as many others are doing the same.

stock photography is a big business and i can definitely see the blockchain application here as it related to copyrights and ownership, but why does this need a token? It doesn't.

You can put stock photography on a newer, scalable, and fast blockchain (not bitcoin or ethereum blockchain for now until those issues are resolved) and people can pay in fiat or BTC. There is no need for a PHT token in my opinion

Nice project, definitely fit the needs for people, but it would be crowded soon for the decentralized system upon IPFS.

Great idea and good work on the MVP! I believe Photochain can easily attract a lot of users!

Good and reasonable vision, focusing on an essential problem. As attractive that direction is, as big the competitors will as soon as the adoption starts to rise. The product itself doesn't seem finished yet but I'm convinced they will deliver.

Team
Pros:
- a lot of knowledge and experience with UX and tech
Cons:
-

Vision
Pros:
- distribution platform for photos where the content provider gets a fair share
Cons:
- distribution with moderators but less a community,

Product
Pros:
- creators get finally a fair share
- low fees for the creators
- moderation and reward system
Cons:
- censors offensive content quite massively
- pure utility token
- Management & Team & Legal getting 14% of the tokens
- 4% of the tokens for Advisors

updated 11.04.18 after new information from Ralf Gerteis

Good use case to store and guard photo IP on the blockchain. Solid team and advisors.

Success will be about execution and speed of adoption/marketing (i.e. fast building both sides of the marketplace), acquisition & partnerships of stock sites and adoption/marketing.
The competition is crowded and if adoption doesn't go quick enough competition will include

Weak point imo is the vision (no roadmap after Q318), optimistic financials and the Photochain coin. There is no real need for a coin and there is no option to use fiat which will block mainstream adoption nowadays. The expected volatility of the coin is a problem for both buyers and sellers.
Finally 1M+ transactions out of 750K photos in 2018 looks way too optimistic.

i hop you succeed and put focus on mainstream adoption and filling the marketplace quickly.

Overall the team and advisory board seem solid as well. As a photographer I see this as a useful product and a great area to tackle by the team. Project seems to have tons potential if executed properly in my opinion.