DALLAS, October 25, 2022 /PRNewswire/ — Joseph Nassea New York Times, UNITED STATES Today, and The Spiegel best-selling author of over fifty books, sold 2,746 NFT books on Book.io in 45 seconds. The sale took place on Thursday October 20the feature title being the heretic, the first book in the Templar Chronicle series by Nassie. The average price per book was around $18. In the first three days since the sale, the stock’s total secondary market volume is poised to exceed $20,000with offers for the rarest books exceeding $2,000. With NFT books, the author and publisher receive royalties for each book that resells in perpetuity.
“Working with them has been a highlight of my career.” – Joseph Nasse
Book.io, which recently announced investments from Ingram Content Group and BDMI, is the leading platform for NFT e-books. “We knew this sale would be significant, but it exceeded our expectations. Joseph is our first bestselling author to publish his book on our platform, and it’s not hard to see that the demand for digital collectibles and NFT books is going to become a huge industry,” said Joshua PeterCEO of Book.io.
Nassie was equally positive about the partnership and the sale. “In twenty years in the publishing industry, I have never come across a team more dedicated to the author-publisher relationship,” he said. “Being able to offer readers truly unique digital books was a pleasure. As Book.io continues to grow and develop, I hope to be alongside them in the future. Working with them has been a highlight of my career. “
The changes Book.io envisions start at a fundamental level. “We believe readers should own their digital books, not just license them like they do from centralized retailers. Blockchain has unlocked the promise of the internet – that we can own and resell the digital goods we buy “, Mr. Stone said. “We are working diligently to grow the Book.io platform so that the world’s 1.1 billion digital readers can enjoy digital ownership.”
Book.io is building an e-book and audiobook marketplace, mobile reading apps, and a self-service portal for publishers and authors. They are in talks with various international publishing houses.
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SOURCE Book.io, Inc.