WIth decades of deep domain expertise — and success — under my belt, in tech startups and photography, both empirically and academically, having read this self-serving public-relations blather about Photochain (another Wemark and KodakCoin rabbit hole) leads inexorably to one of three alternative conclusions:
- The founders of Photochain are deliberately perpetrating fraud.
- The founders of Photochain are utterly ignorant about the size and nature of the commercial photography marketplace.
- Both of the above.
As I’ve asked rhetorically in my own post, here, on Medium, How many more times must the latest razzle-dazzle team of MBAs and Ph.D. engineers, with bupkis experience in photography, sing the same old song to credulous investors before they all realize it ends on the wrong note — every time?
Blockchain is NOT a business model; it can be a feature; incidentally useful but certainly not indispensable to the fundamental tenets of the commercial photography industry.