BitImage

Our Analysis

Team: 6.7

Feasibility: 6.5

Product: 6.5

Overall Rating: 6.57

Short Description: BitImage is a smart open platform for digital media exchange with decentralized content licensing. Powered with Blockchain and AI, BitImage is introducing the new standard of stock content marketplaces.

Category: Media

Category: Tokens Cryptocurrency

Website: https://bitimage.io

Whitepaper: https://bitimage.io/bitimage_white_paper.pdf

Github: Click to visit

BitcoinTalks: Click to visit

Twitter: Click to visit

Medium: Click to visit

Facebook: Click to visit

We employ the groundbreaking capabilities of Blockchain and Artificial Intelligence to provide the most accessible way of getting the required digital content - be it a video, image, graphics, or audio. Let’s take a step towards the life-changing innovations together!Users can benefit from BitImage in two ways:- Library: Search through the existing digital media from extensive collection and supplement it.- On-demand works: Request new digital media from creative users.The Market:Global digital content market is $200B, projected to grow 9% annually by 2020 to reach $259 billion.Big market players:- https://www.shutterstock.com - https://www.gettyimages.com - https://stock.adobe.com Current Market Problems:- Copyright Violation.- Price monopolization.- Tiring search of necessary content and its long validation.- High prices for customers and low royalties to authors.Our Solutions: - Decentralized content licensing and blockchain allows authors to protect the copyright safely and customers to guarantee uniqueness of purchased works.- Artificial Intelligence of BitImage verifies uploaded digital media in a few minutes and can provide analytics to monetize the content as soon as possible. - On-demand work implementation will allow buyers to order new unique content fast.- The use of crypto currency eliminates a layer of centralized financial intermediary, thereby reducing commissions and increasing value share for users. -

The platform will create a free market economy where the price of content is determined individually.

Token Economics:

BitImage token or BIM is a cryptographic token of the ERC-20 standard based on the Ethereum blockchain. It is required to purchase digital media content on the platform.

Hard Cap: $21M

2 Sale Rounds: $3M and $18M

Purchase method: ETH

Soft Cap = 2000 ETH

Hard Cap = 42000

ETH Token Price: 1 ETH = 130,000 BIM

 

Presale Dates: April 26  - May 24

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