Announced on the image sharing site’s blog, 500px is painting Prime as a revolutionary commercial licensing marketplace that will “fundamentally change the way photos are licensed.” The company makes this claim for three reasons, at least one of which is nice to hear.
- The site is promising not to join what they’re calling ‘the race to the bottom.’ Licensing fees start at $250 and go up from there.
- 30% of the proceeds from each and every photo sold go straight to the photographer off the top. No matter what license is purchased or who purchased it.
- The information that 500px keeps tabs on — such as “vitality, hero status and visceral reaction” — will help buyers determine how a photo will be received before they even purchase it and should make the marketplace more appealing.
Of course, many believe that self-marketing is still a much more lucrative way to make money off of your photography — after all, 100% is a lot more than 30%. But for those photographers who don’t have the time or maybe have never even thought of making money off of their popular 500px profile, 500px Prime could be a viable option.
To learn more about the service — including how you yourself can get involved as either a buyer or seller — head over to the 500px blog or check out the Prime website directly. But before you go and do that, drop us a line in the comments and let us know what you think. How will 500px Prime stack up against the other options out there?
(via The Phoblographer)