It’s no exaggeration to say that the NFT (Non-fungible Token) is the âhot trendâ of 2021. From pictures, music to all other digital art forms, take advantage of this craze. And NFTBOOKS can be seen as the eBook publishing industry’s first step in the market for digital files that are bought and sold online.
In many parts of the world, especially in poor countries, access to books and knowledge in all areas of life is often much lower than in developed countries and areas of the world. It is no exaggeration to say that books have become “above the ordinary, below the luxury” – something that will be added to the baskets of wealthy families and excluded from their monthly shopping needs. Even families in difficult economic times every year.
Taking advantage of today’s rapidly developing blockchain technology, NFTBOOKS is a human project when creating a platform to publish every book in the form of NFT, with the aim of offering books protected by the copyright at a reasonable cost. more to book enthusiasts around the world. NFTBOOKS laid the groundwork for the e-book publishing industry by applying blockchain technology.
Sharing this project, the founders made no secret of their ambition to be brought to a platform that allows authors to self-publish books on the blockchain platform, directly reaching book readers, eliminating any clutter, intermediary process, and helping to reduce book prices so that readers can access copyrighted books at the lowest cost. In particular, NFT on blockchain will help eliminate almost 99.9% of the book piracy that is very common today. The NFTBOOKS project itself will bring benefits not only to the author or publisher of the book like the real world, but it will be an ecosystem for many people.
Authors: who will be able to self-publish his book in NFT on the blockchain – the books will not have a âpirated versionâ, and the âownerâ will be able to bring the work directly to the reader without having to go through an intermediary channel.
Readers: can buy books directly from the author at the cheapest cost on the platform, or can rent books from rental companies at an extremely low cost.
Translators: If readers wish to read foreign works but encounter language barriers, the platform’s translators will help them to do so. With each book translated into the local language, the profits will be deducted from the author.
Book rental companies: These are people who buy books from the author and then rent them out in NFT form. The profit from the rental of the book will be deducted from% to the author.
Investors: These are the people who, after investing to buy limited edition author’s books, can become profit tenants or can store the books in NFT form (if the issuing author is famous and limited edition) in value will increase more and more. Investors can also invest and redeem NFTBS tokens used to pay for book sale, issue and rental transactions on the NFTBOOKS platform.
At present, the idea of ââpublishing NFT eBooks through the blockchain technology of the NFTBOOKS project is unique in the crypto world. The inclusion of book renters in the project ecosystem with roles that will develop as personal libraries is also a differentiator.
Arguably, the idea of ââspending money, even a lot of money just to buy a book to read and meditate on will be “ridiculous” for many people. But being able to read the pages of copyrighted books at a reasonable price is what every bookworm wants.
In particular, the objective of the project is to help book lovers all over the world, especially people in poor countries, to have more conditions to have access to books of various kinds, thus improving the quality of life. improve knowledge, improve material and spiritual life. And only learning can change their lives. Arguably this is the human value and the long term benefits that NFTBOOKS brings to the community – something that not all projects can do.
Company Name: NFT BOOKS
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