Books are now NFTs. Web3 Startup Book Token launches eBooks on the chain and sells $100,000 worth of eBooks on day one

DALLAS, July 27, 2022 /PRNewswire/ — Dallas-based startup Book Token ( has brought books to the blockchain. On July 20the tech company launched its first e-book, the Gutenberg Bible, in recognition of the printing technology created by Johannes Gutenberg– resell $100,000 value of the book in the first 24 hours, with no dollar spent marketing the sale. The company created 10K NFT e-books, all with a unique computer-generated cover based on an original, a video inside the book, over 70 high-resolution images and more 650K words. These “unburnable” books will live forever on the blockchain, will not degrade over time, and can be transferred around the world in seconds. Books can be read in Book Token’s browser-based anonymous reader dApp (decentralized application).

Web3 startup launched e-books on the blockchain and sold them $100,000 first day.

With over 1.1 billion people estimated to read digitally in 2023, this is an incredible step forward for the usefulness of blockchain. At launch, Joshua Peter, CEO, noted that “This is revolutionary for eBook ownership. Until now, eBooks have been managed through licensing models by centralized retailers. Today, people truly own their eBooks for the first time. Today is also the birth of the secondary e-book market.” Within four hours of launch, Book Token was also collecting used book sales royalties from book owners selling their books on third-party NFT marketplaces around the world.

Unlike other NFTs on blockchains that are publicly searchable, these eBooks are Decentralized Crypto Assets (DEAs), which means that only the owner of the NFT can open and view the contents of the book. These NFTs represent a whole new class of assets, capable of securely moving all types of media – video, audio, text – on the blockchain.

“The promise of web3 is ownership and decentralization,” Stone added, “and today we believe we’ve taken a huge step in the right direction to deliver on that promise.”

Book Token, whose C-Level team previously built and sold an e-book startup that had over 6 million users, has a bold mission: to decentralize and foster knowledge.

The company plans to work with major publishers and independent authors and will continue to develop its platform to achieve its goals. They also plan to roll out mobile reading apps, a comprehensive marketplace to buy and resell books, and are looking to publish audiobooks by the end of the year.

Contact: [email protected]


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SOURCE, Inc Book Token