New companies offer amazing deals to get their first users. Wemark is a photography marketplace that was giving its first photographers the opportunity to put images on its marketplace while ensuring 100% lifetime royalties.
Wemark was giving an amazing deal because the photographers were getting an opportunity to make money without having to pay any fees at all; this was literally free money.
Since Wemark's image marketplace is using smart contracts to create and store image terms, the 100% lifetime royalties will be honored because no one can change the terms as they are recorded on the blockchain.
Wemark is Always a Good Deal
The 100% royalties for life deal was a once in a lifetime opportunity but Wemark's standard terms are almost as good.
Wemark only takes 15% of image download fees. Even now photographers that supply stock images now will also have the terms recorded on the blockchain. No matter how popular Wemark becomes, the agreement they are given now will be honored by Wemark's smart contract, which will always take away only 15% of the money earned from stock image downloads.
This Rate Could Change
Wemark is a great platform and it is offering a disruptively low fee. I think that Wemark will always keep the rate low but they will increase it over time. I noticed they are advertising that any photographs uploaded right now will always get a low fee charge of 15%. This implies that in the future they could increase the rate, but current uploads' terms will be honored.
I think it'd be wise for photographers to opt in for the current rate because Wemark is getting popular very fast. Maybe as Wemark gets more popular, its costs will go up and they really would need to raise the fee.