The PRM Protocol is built on the Ethereum blockchain to provide a new standard for licensing digital content through a curation model. The Protocol will drive new forms of revenue for Creators, empower a new player in the licensing space, Curators, and provide authentic, high-quality work to Buyers that have not been tapped by traditional stock agencies.
What’s a photo worth? With PRM, the cost of content is determined by a set of evidence-driven factors. Gone are the days of murky price points set by stock powerhouses. Creators are given sustainable and fair value for their work, and Buyers are supplied with high-quality content at price points they understand.
The internet is not exactly known for assigning attribution to content creators. The PRM Validation Network pushes to solve copyright infringement with proactive solutions like Proof-of-Ownership s Proof-of-Existence. It creates a frictionless selling process where Buyers are deterred from purchasing fraudulent work, and in turn, ensures that copyright holders are protected against the unauthorized reselling of their digital work.
PRM is a tightly curated marketplace based on the power of human recommendations, not algorithms. Closer to an art gallery than a stock library, PRM can reach an infinite number of unique markets through decentralization.
Influencers today have more power than ever, but their options for monetization are incredibly limited. We give them the ability to create marketplaces of any size, turning their untapped following into a source of revenue.
We’re starting with photography because it is what we know best, but the PRM Protocol is designed to be extended for any type of licensable digital content. That means anything that can be represented digitally — music, film, a VR module, or even physical spaces like an apartment or gallery — can be curated and licensed through PRM. Developers in our community can use PRM to create unique decentralized applications.
The owner of the list, known as a Curator, can showcase interesting work, celebrate Creators they believe in, and ultimately earn revenue through licensing.
In PRM marketplaces, Creators are always given market value for their work, and Buyers are presented with fair price points backed by evidence. While Creators will still nave control over the price of their work, Margin Power provides a mathematical proof, so there is nothing to negotiate and no possibility of being under or overpriced.
By using the publicly traceable and verifiable nature of blockchain and decentralization, PRM can easily establish Proof-of-Ownership and Proof-of-Existence. Not only can PRM guarantee a fair price, but its system of validation ensures the credibility of what one is buying.
It is a vital tool that will help our existing Priime communities and photographers all over the world. Priime's products on PRM will start with photography, but will be extendible for all other types of digital content.
The team at Priime is no stranger to designing and engineering elegant solutions to some of the most challenging technical and artistic problems. We have a long history of creating beautiful products for our community; we're proud to call users some of our best friends. We're a team of photographers, engineers, and artists. As such, we're thrilled to be innovating for an industry we love and are deeply embedded in.
Priime, Inc. was founded in 2014 with the mission of building the best tools and community in the world for photographers. The founders are a team of technical co-founders with a lifetime of experience in engineering and design on end-to-end products, including a full suite of iOS and macOS photo editing applications, iOS and web photo publishing platforms, and more. Priime has worked and created great relationships with creative agencies, stock photo/video agencies, journalists, and influential photographers — many in the top 100 in the world. PRM and Priime products will continue the mission to create more tools for creatives in our ever-growing community.
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