How will blockchain change Photography?

Picnab
4 min readJun 14, 2021

Many people unfamiliar with the crypto world have this misconception that blockchain only relates to cryptocurrencies such as Bitcoin. However, this is entirely untrue as blockchain has several widespread applications that we have only seen a glimpse of yet.

Tokenization and NFTs that have become increasingly popular these days are also an application of blockchain and go to prove the untapped potential of the technology. By tokenizing real-world assets such as gold, images, music, collectibles, etc., blockchain adds value to these assets and integrates them with the cryptocurrency world.

One of the industries that blockchain can revolutionize is digital photography. Every photographer might know, digital photography is plagued with several limitations such as image theft, no credibility, no monetary rewards, etc., and blockchain can help resolve these issues.

Blockchain revolutionizing Digital Photography

Blockchain has proved to be successful in tokenizing different assets and optimizing their functionalities. Here are few ways blockchain helps digital photographers:

  • Decentralization

Blockchain helps to create a secure and fast medium to conduct global transactions. For example, photographers can interact with their audience on the other side of the world and sell their products digitally without any hassle. As blockchain cannot be tampered with, it provides a secure and anonymous way to transact without any involvement from a third party.

  • Cost Saving

As there are no intermediaries involved in the transactions between the photographers and buyers, photographers do not have to pay an exorbitant amount of money for selling their pictures. Blockchain can help eliminate the possibilities of cheating or fraud and ensure fair transactions.

  • Secure Ownership

Blockchain is a public ledger that records every transaction related to any crypto assets. These transactions, once registered, cannot be edited or manipulated, which creates a perfect safety mechanism. Once an NFT is assigned to a photograph, its ownership becomes immutable and cannot be changed even if the NFT is sold. It will help to tackle one of the biggest problems of stolen credits in digital photography.

  • Better Monetary Opportunities

There are many blockchain platforms and NFT marketplaces that offer a secure and straightforward way to sell NFTs on their global marketplace. Digital photography is an undervalued industry and does not reward photographers adequately. Using NFTs, photographers can take control of their art and have better opportunities.

Picnab — Stock Photos Marketplace

Picnab is the world’s first blockchain-powered NFt marketplace designed especially for digital photographers and artists. The platform uses NFTs to secure every image uploaded on their network and makes its ownership immutable. Picnab aims to tackle the problems digital photographers face and help them take control of their photos without diminishing their value.

Picnab takes a three-pronged approach to give the power back to the photographers:

  • Picnab assigns NFTs to the photos so they can be securely sold on its global marketplace.
  • As NFTs are immutable, the photographers will always retain ownership of the image even if it’s sold on the marketplace.
  • Picnab users can download copies of original images to use freely. In turn, creators are rewarded with PIC (reward token by Picnab) on every download.

PIC token holders can use this token to yield their holdings and have better economic opportunities. Picnab is the only platform that caters to the needs of digital photographers and will inevitably bring a revolutionary change in the industry.

About Picnab

Picnab relies on PIC, a reward token by the company to reward their photographers for their contribution and create a fair ecosystem for both creators and the users. Among several features, Picnab offers:

  • Picnab aims to set free all photos on the internet and give the owners the real value of their hard work.
  • A global platform where photographers and artists can showcase and sell their photos and artworks as NFTs to a large audience of collectors.
  • We assign every photo and artwork with an NFT that makes the ownership and copyright immutable.
  • A global platform where users can download copies of the original photos for free and use them anywhere they want.
  • The content creators will be rewarded with a PIC token for every download.

Picnab creates a win-win situation for every entity involved in the workings of the platform without diminishing the value of the photo or ownership. Picnab is a disruptive platform that will revolutionize the digital space for photographers and other artists.

PIC Token holders can choose to mint their photos/tokens as NFTs and earn additional rewards or sell the NFTs on Picnab’s marketplace to global buyers without worrying about transferring ownership of the image.

Get in touch

Twitter: @Picnab_Official

Telegram: @Picnab_Official

Linkedin: Picnab

Facebook: Picnab

Instagram: picnab_official

For more information about the project, you can visit their website.

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