Re: [ANN] Picax - Sell Instagram photos with #picax. [ICO] Starts on Nov 6

Quote from: chemicalbruva on October 28, 2017, 09:13:16 PM

Quote from: zakalwe on October 28, 2017, 08:47:27 PM

I don't use Instagram but many of my friends do so I know it's quite popular around here. I want to ask, why would someone pay for a photo if you can simply right click and download it?

What is the minimum investment and what is the price per token?
Are you planning to do signature campaign or what kind of bounties? I will check the details when you open the Bounty thread.
Good luck, this project has potential!

Thank you for your questions, zakalwe. Downloading a photo like that infringes copyright and damages the author. Some people get away with this, but it is not the norm, especially when it comes to publishing content as a business. A marketer or blogger can forever damage his company's brand through unauthorized use of somebody's content. Hence, a straight-forward license and a small price is what keeps them safe. We will also use a few tools like watermarks and potentially a disabled right click on the image to weed out most unauthorized attempts and protect photographers' content. Hope that explains it

1 PIC will have a price that is equivalent to $1. We do not set a minimum investment limit. Unlike most other tokensale campaigns, we're launching this platform regardless of the tokensale results. We will complete the beta in a couple of months, while the additional funds will be used to build a more robust product and grow the business at scale. We want to make the platform available to as many casual photographers as possible.

And as far as bounty and signature in particular, we're finalizing the terms for you right now. Expect an update mid next week!

Thanks for this explanation. I like your answer. I didn't quite see the point who would want to buy photos, but now I understand.
Actually I have already been in a situation when I needed some "stock photos" for my association, we are not a business but we are officially registered association so we need to follow the copyright laws and all this. And I had trouble finding photos for which I was 100% sure that I can freely use them without risk of copyright claim by the author. Another option was buying photographs from an agency like Getty Images but the prices were too high for us. This would be perfect solution, buying photos from hobby photographers and paying symbolic price to them, for example $1 up to $10 and they would be happy and I wouldn't need to worry that someone will sue me for unauthorised use of his photos.

I have one more question, because I'm not a Instagram user. So when you upload a photo there, Instagram probably shrinks it, lowers the resolution, right? What about if a buyer wants a full resolution photo, how would this be possible thru your Picax platform?