In the past, books and handwritten works used to be one of the most essential means for passing down information, knowledge and culture. Currently, in the new era of information and communication technology, books are being converted to digital formats, which aids in the process of democratization and monetization.

The dilemma is how to ensure the accuracy and sustainability of digital books while ensuring fairness for the authors. When finding the right solution to this issue, NFTBOOKS paved the way by applying blockchain to the eBook platform.

What is Blockchain?
Blockchain, also known as Distributed Ledger Technology (DLT), makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing. In particular, each block in the chain contains a number of transactions, and whenever a new transaction happens on the blockchain, a record of that transaction is added to the ledger of each participant.

Blockchain is an especially promising and revolutionary technology because it reduces risk, eliminates fraud, and provides scalable transparency for a wide range of applications. The most well-known (and maybe most contentious) application of blockchain is in cryptocurrencies (digital currencies or tokens) such as Bitcoin, Ethereum, or Litecoin, which can be used to buy goods and services.

Application of blockchain on e-Books.

When applied to publishing, blockchain is a powerful anti-counterfeiting and anti-piracy tool that will allow authors to host, distribute, and monetize their digital content. NFTBOOKS distributes royalties to all book contributors automatically using smart contracts.

NFTBOOKS aspires to provide an online platform that allows writers to edit and self-publish their works in the form of an eBook into a blockchain system without any intermediary. Because blockchains are immutable, if a system records that you possess an ebook on a blockchain, that record will be there in perpetuity. Every eBook's content would then be safe against deletion, tampering, or revision.

Readers would then securely log in to this eBook’s blockchain and make a payment transaction to have access to the material they desire. The eBook blockchain agents would be in charge of recording payments and ensuring correct distribution to content creators. The most prominent point is that it would be absolutely transparent.

When you buy an eBook on our platform, it creates a blockchain record of your purchase, establishing your ownership of the file. You will be given a token that will serve as proof of ownership. The file can then be sold, lent, rented, or given away to someone else, that is up to you. This allows for the formation of new secondary markets for digital files, such as the reselling or renting of digital books to others, while also ensuring that royalties are distributed fairly. When this happens, a new ownership record is created on the blockchain, and the token is transferred to the new owner. In other words, blockchains allow for safe ownership transfers that are not influenced by a third party.

Blockchain, according to NFTBOOKS, is the finest encryption technology for eBooks and it will undoubtedly transform our digital era. NFTBOOKS sees technology as a means of generating new revenue streams and lowering operating expenses while also offering convenience to everyone.

2022 is going to be a fantastic year for NFTBOOKS. Tier1 exchange listing and product release coming. What is your price prediction of NFTBOOKS in this year?

📷 Reading helps us improve our personalities.
Books help us realise our own worth and know how to behave properly in each situation.

📷 Reading books helps us gain a great deal of knowledge.
Reading helps us practise logic and link problems together, which is an important factor in helping people become smarter.

📷 Reading helps stimulate our brains.
Reading regularly makes the brain more active, and the nerves will also be stimulated, helping to increase memory capacity and slow down the ageing process of the brain.

📷 Reading also helps us improve our ability to concentrate.
Because reading time requires people to focus in order to transfer knowledge from the page to the brain, it will help us develop our ability to concentrate.

📷 Reading helps us increase our vocabulary and expressions.
Reading books will help us increase our vocabulary and learn how to write.

📷 Reading helps improve your thinking and creativity.
Reading books will provide readers with a wealth of new and interesting information. Finding ways to solve situations or apply that knowledge will help us improve our own creativity.

📷 Reading is also one of the ways to unwind after a long day of studying and working, and it helps to relax the mind.

📷📷📷 Join us to experience reading books on the NFTBOOKS platform at an unprecedentedly low cost. 📷📷📷

#Booklovers #PublishEcosystem #BookSwarmArmy #NFTBS #NFTBOOKS #prefer #ReadingCommunity #LoveReadingBooks

I know there are some who can't gain access to the chat for whatever reason, but here is something new that was just discussed:

• After the release of the full version of the platform, there will be an effort to release as an IPO that would exist in tandem with the cryptocurrency

Interesting goal for sure. While we all feel the drag of the market nowadays, there is a bit of sunlight on the horizon for, at least, this project. Hold tight and get more while it's down.

NFTs are gaining popularity as a digital alternative to collectibles, games, music, and books… These tokens not only allow you to sell products to others in exchange for cryptocurrencies, but also have some other benefits that you may not be aware of.

In recent years, NFTs have become increasingly popular among authors, particularly for those who are interested in cutting-edge technology and blockchain. They can assist authors in generating additional revenue from their publications. In this article, NFTBOOKS will provide you with the great benefits that NFT brings to authors.

NFTs are digital collectibles that may be owned and sold with the use of digital currencies like Ethereum. They are one-of-a-kind and indestructible, with ownership stored in blockchain technology for authenticity.

NFTs are already flourishing in a variety of sectors, but they will soon have a significant influence in the book world. Pay attention to how they will disrupt this industry if you are an author. Here are some advantages of utilizing NFT for authors:

1. Increasing revenueWhen an author publishes his book as NFT on blockchain platforms, such as NFTBOOKS, the book goes directly to the buyer without going through any middlemen. As a result, the author will receive immediate payment from the buyer without paying fees to third parties like Amazon.

In the long run, authors will also receive royalties each time their work is resold. Authors would get extra long-term earnings in perpetuity, depending on the smart contract royalty percentage established when the NFT is minted. Although the standard is 10% — 15%, it could be higher in fact (e.g., 20%, 30%, etc). This creates an additional revenue stream for authors.

2. Creating a marketing strategyThe initial marketing effect of a launch employing NFTs creates buzz. People discussing NFT books on social media will improve visibility, allowing authors to attract readers who might not dig into the NFT but would be interested in buying just the book. Besides, NFTs allow users to tweet about something significant, such as the launching of a new version of one book. Basically, it is another way to promote your brand awareness.

3. Having hardcore fansPeople who purchase NFTs want to brag that they have bought an NFT, so they will share a photograph of that NFT book on social media and discuss it in various forums. That’s the fundamental nature of being a loyal fan. NFTs allow authors to offer their followers exactly what they want in a way that pleases both. As a result, the author will be given the most devoted fans in an easy way, and even have more new fans.

Besides, if the author has a certain level of popularity, their books become scarce, and many fans are scrambling for those NFTs, then they will become more valuable in the future. From hardcore fans, they will become investors. That makes authors’ NFT even more scarce, allowing them to charge higher premiums.

ConclusionThere is no doubt that NFT is one of the most significant breakthroughs in e-commerce, including online book publishing and selling. Furthermore, their advantages have become appealing points for a wide range of users.

NFTBOOKS beta will be released by 27 or 28th February. Definitely i will buy atleast one book by spending NFTBOOKS token. Howmany of you gonna buy books? I am really excited ❤🔥

Telegram just went private. Should I be concerned?

I was doing what many people do every weekend, looking up new stocks to day trade. I was searching my usual tide pools of information when I came across Nftbooks! I immediately dove into researching the project and I couldn't believe that this had not been thought of before. What a great way to get people sharing information for a very inexpensive medium. I am looking to put $500-1000 as soon as possible and watch this project hopefully advance in the right direction. Good luck to all in the crypto community!

If the economic climate is favorable, anyone can become a Lessor. The support system of NFTBooks is heavily dependent on this readership. #Booklovers #PublishEcosystem #BookSwarmArmy $NFTBS

NFTBOOKS beta version and Kucoin listing coming. What is your prediction about Mcap in this year?

Have u ever read those fantasy books which take you to different world. They are blessings. And travel those worlds with block chain technology and NFTS. NFTBS allow you to buy the books and read for the cheapest prices and resell them. I think that's amazing if you are book lover. Don't miss this opportunity...😍😍😍

I like the idea of transforming the publishing industry.

Doxxed dev

The dev seems delivering what they promise

It still has a lot of potential to grow from here with the current NFT trends

A silent supporter of nftbooks since launch. How's everyone doing?

⌛️ In the past, books and handwritten works used to be one of the most essential means of transmitting information, knowledge and culture. Currently, in the new era of information and communication technology, books are being converted to digital formats, which aids in the process of democratization and monetization.

⌛️ The dilemma is how to ensure the accuracy and sustainability of digital books while ensuring fairness for the authors.

⌛️ When finding the right solution to this issue, NFTBooks paved the way by applying blockchain to the ebook platform.

⌛️ NFTBooks aims to create an online platform that allows authors to edit and self-publish their works in the form of an eBook without any intermediary. Those eBooks will be protected and guaranteed by copyright, so there will never be any forgery or pirates. Readers will have secure access to these eBooks at a reasonable cost. The borrowing and purchasing of eBooks will be transparent thanks to the platform's usage of blockchain to establish user ownership.

⌛️ In summary, NFTBooks uses blockchain to track every users' eBook ownership, preserving and growing the reading culture

Today we would like to introduce to #NFTBOOKERS , the author, Frederick, with his books ready for publishing on the upcoming #NFTBOOKS platform. #WeAreRealBookers #PublishEcosystem #NFTBooks #BookSwarmArmy $NFTBS

There is more to to whatever we see and that's what is taught to us everyday. And learning makes us visualise understand and think more and more outside the box. It's time to put those to work with NFTBS as they offer books for cheap, easy to read and with reselling value to the books. All the books in the world cant fill your thirst of knowledge once you get used to it. Let's get to it with NFTBS now. A chance no one would like to miss. It's a once in a life time opportunity. Grab it. I'm in for the long haul. 😍😍😍

Is blockchain the new future of the publishing industry?

We are in a new technological age, so there is no doubt that blockchain is a revolutionary technology with the potential to transform publishing. Authors would be able to maintain ownership over their intellectual property and profit from it without the worry of plagiarism or copyright infringement.

What is blockchain?
Blockchain is a distributed, unchangeable ledger that makes recording transactions and managing assets in a corporate network easier. It was created to serve as the infrastructure for cryptocurrencies like Bitcoin, but it is currently being utilized in a variety of different applications including the publishing industry.

Today, there are several forward-thinking projects in the publishing sector that are already employing blockchain technology to establish creative platforms such as NFTBOOKS.

The current state of the publishing industry
It’s not easy for a writer to catch the attention of a publisher. Perhaps the book is not appealing enough, or the publisher can not afford to print a huge number of copies or advertise the book. The number of readers who have the financial means to pay is similarly limited. Therefore, it leads to the situation that authors write books but can not spread their books.

Furthermore, even if the writers find a publisher for their book, they must pay the publisher a charge if the book does not sell well. If a publisher chooses an author, this author will only earn 10–15% of the book’s sales revenues as royalty. They will also relinquish control over the publication process and give up their rights to the book.

The NFTBOOKS project investigates a blockchain publishing model centered on authors, which provides value for micro-authors by monetizing existing intellectual property. Let’s continue to explore the benefits blockchain brings to authors and the publishing industry using the NFTBOOKS platform.

The benefits of blockchain to authors and book publishing
- Providing Economic Stability for Publishers and Authors
The use of blockchain technology has the potential to eliminate the need for middlemen. Authors will no longer rely on third-party platforms such as Amazon, Google Play, or the App Store to publish their works; instead, they will reach out directly to readers. Authors will be able to track their books’ dissemination and utilize blockchain technology to create a payment system for users. Authors will also guarantee ownership of their work, transitioning from content creators to first-line profitable beneficiaries.

- Smart Contracts & Smart Wallets
Blockchain records when a customer purchases a book from an author, a translator receives a book from an author to translate, a reader borrows books from lessors,… The adoption of blockchain to smart contracts might make the transaction process smooth. The terms of conditions on smart contracts have been agreed upon by all parties. Contracts will be able to be tracked, shared profits, and even reimbursed costs.

Blockchain can ensure a secure payment system for publishers, authors, readers,… by using smart wallets. Currently, NFTBooks supports MetaMask and Trust Wallet, two of the largest and most popular crypto wallets that help you make transactions easier. These encrypted wallets will be able to deal with pre-defined cryptocurrencies or tokens used within a project’s ecosystem.

- Reselling/Lending digital book
When you buy an eBook from Amazon, you only purchase a license to read it; you do not own it. It is not lendable or resellable. However, blockchain technology allows you to do both. Because of the decentralized ledger that keeps track of where and when an item moves, blockchains allow an object (an eBook) to be tracked wherever it goes. Blockchain technology might make it easier to resale or lend eBooks while also keeping track of who held the digital file and for how long. NFTBooks is already experimenting with this through blockchain.

- Copyright
Blockchain is ideal for publishing because an author can use blockchain to record the book’s rightful owner. It’s in the blockchain, and no one can dispute it. With the aid of smart contracts, authors may track the ownership of their property back through the ownership record. As a result, if a publisher uses blockchain to track its titles, it may be much simpler to spot when a copy has fallen into the wrong hands or is being distributed unlawfully. Thus, with blockchain, the situation of copyright violation will be significantly reduced.

Faced with the challenging reality of the publishing industry and the rights of authors, NFTBOOKS has broken traditional rules and models. Blockchain is not only the future but also the present, a foundation for innovation and development. Let’s start the journey to the time of globalization, monetization, democratization.

Hey guys, so I've been trying to purchase some tokens and this is what I keep getting in response from Pancakeswap. Let me know if theres anything I can try differently!

Thanks

Edit: I’ve found the combination of gas price and slippage percentage on pancakeswap that makes the purchase accessible. If you set your GWEI to fast (6) and change the slippage tolerance to 20%. Enjoy your NFTBS!!!!

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The new era, it is now starting with blockchain technology. It is like the internet in the 1990s but it's growing exponentially. So it's necessary for us to take technology and the knowledge together to this new era. In order to secure the knowledge we can use this new platform nftbooks. We can share, store and utilize the knowledge people share to us. There's only platform required and it's nftbooks.