An artwork, a tweet, a piece of music… Any digital file can potentially turn into an NFT. Book.io aims to be at the heart of this revolution. This American start-up is planning to “create an NFT marketplace and platform that will forever change digital reading,” as it explains on its website. It will offer readers the opportunity to truly own the e-books and audio books they love through NFT technology.
Literature lovers are able to buy NFTs of classics such as “Dracula” by Bram Stoker, “Moby Dick” by Herman Melville, “War of the Worlds” by H.G. Wells on the Book.io sales platform. These NFTs not only give them ownership of an e-book. They also allow them to read the literary works they are associated with on an application specially designed by the Texas-based company.
Once they have finished reading the work, NFT holders are given $BOOK tokens. These tokens will allow them to resell their NFTs whenever they want, and to acquire new ones to change up their virtual library. For each of these transactions, the authors and publishers of the literary works associated with Book.io’s NFTs receive royalties. According to Book.io, this is “the next chapter in the story of books.”
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