It’s time to bring eBooks into web3

More than 10 years have passed since Amazon’s eBooks Store was launched. It was a game-changer for the whole publishing market, perhaps only comparable to what iTunes was for the music industry. Since then, tens of billions of eBooks have been sold, with Kindle leading the digital race.

2020 was a new all-time high in the eBooks market. eBooks sales in the U.S. alone reached  $1.1 billion, up by 18.4% compared to the previous year. According to statista.com, revenue in the eBooks segment is expected to show an annual growth rate of 2.35% up to 2026.

Apart from the financial data, a lot of us have enjoyed reading some of the most beautiful stories out there. Everything! from a great variety of authors and categories to novels, finance, and politics. Some of those stories have even changed us forever.

Despite the good taste we could have from eBooks, especially from Kindle, some things are just missing. For example, what happens when you want to share your most recent reading with a friend? What if you want to resell your oldest ones? Have you tried to download your eBooks to read them using another reader? These problems and others have been ringing in my mind.

When I went down the rabbit hole, I found in web3 the answer for many of those problems, problems that I also have. Since then, I stopped buying eBooks because it doesn’t make sense to me anymore. That’s when bookverse was born.

Bookverse is a project that wants to scale eBooks to a new level, integrating the web3 advantages to it. The possibilities are just limited by our imagination, but I’d like to share some of them:

For users:

  • You’ll be able to resell your eBooks or share them for free with other users.
  • You could get limited, collectable and rare editions of your favourite books.
  • You could get an autographed book from your favourite author, backed by blockchain technology.
  • Your favourite book could be your key to DeFi, using your book as collateral.

For authors and creators:

  • You’ll get a considerable major income for any book you sell.
  • You’ll get a benefit for any book that is resold, forever, backed by public and audited smart contracts.
  • You’ll be able to shorten the distance between you and your community.
  • You’ll be able to launch rare or special editions of your books in seconds.
  • New ways to fund your incoming launches, even before they are written.

If you want to know more, visit our site bookversexyz.com, and we’ll be grateful if you leave your email there to be part of the community.

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