Mirror.xyz is a unique publishing tool for writers, which leverages cryptocurrency and blockchain technologies to allow for new forms of monetization and creative expression. Founded in 2020 by Denis Nazarov and Alex Atallah, Mirror.xyz provides tools for writers to earn in cryptocurrency rather than through typical cash transactions. In addition, authors can seek to crowdfund creative projects via non-fungible tokens (NFTs) that can be continuously traded and keep earning on the writer’s behalf. This is made possible through Mirror’s utilization of the Ethereum blockchain.

For writers, Mirror.xyz provides a platform that allows them to publish their work and receive payments in cryptocurrency, such as Ether. This model is particularly appealing to writers who may have difficulty accessing traditional payment systems due to geographic or financial barriers. It also allows writers to bypass traditional gatekeepers, such as publishers or literary agents, and take control of their own work.

But Mirror.xyz goes beyond simply providing a payment platform. The platform also allows writers to experiment with new forms of creative expression, such as using NFTs to sell access to exclusive content or to create limited-edition digital art pieces. In this way, Mirror.xyz is helping to create a new ecosystem for creative professionals, where traditional models of monetization are being replaced by more innovative approaches.

One example of Mirror.xyz in action is the recent sale of a short story by science fiction author Cory Doctorow. The story, titled "When Sysadmins Ruled the Earth," was sold as an NFT on the platform, with the winning bid coming in at 24 Ether (approximately $63,000 at the time of the sale). Doctorow noted that the sale was a "proof of concept" for a new model of publishing, where writers could sell their work directly to readers in a way that was both secure and transparent.

Overall, Mirror.xyz represents an exciting new development in the world of publishing, one that has the potential to disrupt traditional models of monetization and create new opportunities for creative professionals. Whether you are a writer, artist, or simply someone interested in exploring new models of digital commerce, Mirror.xyz is definitely a platform worth checking out.

Source: