Earn Money on Your iPhone Photos via Foap
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Earn Money on Your iPhone Photos via Foap

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English
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Earn Money on Your iPhone Photos via Foap PR Newswire MALMÖ, Sweden, June 8, 2012 MALMÖ, Sweden, June 8, 2012 /PRNewswire/ -- Foap is a new web service that enables users to sell iPhone photos via an app.

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Earn Money on Your iPhone Photos via Foap
PR Newswire
MALMÖ, Sweden, June 8, 2012
MALMÖ,
Sweden
,
June 8, 2012
/PRNewswire/ --
Foap is a new web service that enables users to sell iPhone photos via an app.
By uploading the photo to the app, tagging it with descriptive word tags and
submitting it for approval your photos can get sold. Based in
Sweden
, Foap joins
a number of successful entrepreneurial companies, such as Skype, Spotify,
Wrapp and iZettle.
Foap splits the revenue on a 50/ 50 basis with the photographer, and each
photo is licensed for
$10
, as a campaign price, so you can earn
$5
each when a
company buys it. The money can be easily cashed out through the app, via
PayPal integration.
However, not all images are approved. The reason could be that the image is
too small, blurry, uses heavy Instagram filters or is poorly composed. In other
words, users need to snap great photos.
"In the end, it's about accepting photos that will sell. We want to attract the
best Iphoneographers and those who are passionate about photography rather
then everyone," says David Los, Co-founder of Foap.
"Foap is also aiming to create a platform of where companies can post creative
photo missions that the users can take on. The company has already partnered
up with some photo buying companies that really see the value in Foap. The
latest partner is Ferratum, a micro loan company which is constantly looking for
photos that illustrates unexpected bills and expenses."
"We have seen a huge interest from companies that are looking for special
genres of photos that they can't find elsewhere. Where do you for instance find
a photo of three twins eating ice cream, in a fast and easy way? We have also
learned it's very popular among our users so it's definitely a feature that we will
work more on," says David Los.
The company has raised around
$230K
up to this date, and is looking to raise a
second round within the next two months. The app launched in the
Scandinavian AppStores on
May 15
, and has already signed up thousands of
registered users who have uploaded tens of thousands of photos. The company
has sold credits worth thousands of photos, but will start the real marketing
today in order to put fire on the sales.
Here is a screenshot of the app.
Twitter: @foapApp
Facebook: facebook.com/foapapp
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