Wemark

Wemark
Wemark is the blockchain-based marketplace for digital content, starting with photos
Information
- ICO Time:
- 07.05.2018 - 21.06.2018
- Ended
- Soft Cap:
- 1500000 USD
- Hard Cap:
- 8000000 USD
- Platform:
- Ethereum
- Restrictions:
- Website:
- https://tge.wemark.com/
Team
- Tai Kaish
- - CEO & Co-founder
- Pavel Elkind
- - CTO & Co-founder
- Roy Meirom
- - VP Business Development & Co-founder
- Tomer Gabbai
- - Frontend Lead
- Barak Simon
- - Backend Lead
- Ohad Peled
- - UX/UI Lead
- Shenhav Yehuda
- - Marketing Director
- Adam Wolski
- - Full Stack Developer
- Or Twig
- - Crypto Marketing Specialist
- Catherine Xu
- - Marketing Intern
Advisors
- Dr. Dov Greenbaum
- - Director @The Zvi Meitar Institute for Legal Implications of Emerging Technologies
- Dr. Raphael Yahalom
- - Blockchain & Cyber-security researcher @MIT
- Ran Oz
- - Serial Entrepreneur, Co-Founder of Wochit, 2 Exist, 2 IPO's
- Gilon Miller
- - Co-Founder & CEO @GuruShots
- Lior Prosor
- - Managing partner @ Elevator Fund, Investor in fast-growing Israeli Startups
- Gigi Levy
- - Most active angel investor in Israel. Serial entrepreneur & Investor. Former CEO @888
- James Currier
- - Serial Entrepreneur & Investor, World expert in network effects and growth
- Keren Sachs
- - Former Director of Content Development @Shutterstock
- Lars Perkins
- - Former CEO & Founder @Picasa, Director @Google
- Lee Torrens
- - Marketplace Director @ Canva
- Michael C. Lesser
- - Former General Counsel / VP @ Shutterstock
- Amir Feder
- - Token Economy Advisor, Northwestern University
- Yan Pritzker
- - Former CTO @ Reverb, Founder @ Onchain Ventures
- Philippe Bouaziz
- - Founder @ Prodware, Chairman @ Sarona Ventures
- Ari Shpanya
- - 4x Founder @ Wiser, Zent, Slice, imOnline
Description
Wemark’s Immutable distribution agreements allow content creators to collaborate with marketplaces in a way that works for both parties. Each agreement includes a price range for licensing the content, the terms of the license to be issued to users, the distribution fee to be paid to the platform, and the percentage of each sale to be paid for referrals. Once electronically signed, the contract and its terms will be deployed on the blockchain. The blockchain ledger is publicly-owned, immutable and secure. Once deployed, neither party can change, delete or deny the terms of the agreement. The only way to change the terms of the agreement is by getting the consent of all the relevant parties. Unlike traditional agreements, smart distribution agreements enforce themselves. Smart agreements (powered by Ethereum smart contracts) can receive payments, issue licenses and automatically distribute revenue.