The publishing industry has evolved to become more advanced and progressive with time. While earlier their approach was limited to traditional practices, now, with technological advancement and the evolution of e-books, it has become more efficient. This could be justified by the rise of Book.io, a web3 marketplace that offers best-in-class e-books and audiobooks for buying, selling, and reading. The multi-chain platform is considered the future of books, and it has certainly revolutionized the digital publishing world for book creators/owners.
One unique thing about Book.io is how it’s way beyond the traditional e-book retailers. In conventional book publishing, users are simply provided a license to read the books. However, with platforms like Book.io, both creators and readers get the edge they deserve. While the readers get to genuinely own the digital books, creators get the responsibility for their digital book distribution.
NFT and Decentralisation in Publishing
Book.io works on NFTs or non-fungible tokens. It’s entirely decentralized and encrypted to provide full ownership to the users. Additionally, it ensures that authors get the compensation they deserve (which is a common concern in traditional approaches). All these exclusive functionalities of Book.io have resulted in fair, transparent, and highly efficient publishing. Book.io also has a lending library that allows users to share their books for a small fee in return. These books can be lent for a particular span of time so other users can read them seamlessly. The lending library feature is a new initiative that can give a 360-degree transformation to the e-books industry.
Strong Author-Reader Relationship
Book.io has made it easier for both the authors and readers to have an improved relationship. It allows authors to connect with their readers and get fair revenues from their books. And, readers can enjoy gamification through the platform and may receive incentives for reading content.
As we gradually move towards the future, it’s high time that the publishing industry takes the decentralized approach seriously, like in the case of Books.io. The platforms can ensure an equitable and accessible future for the new era of digital content ownership. With all these approaches, will Books.io pave its way to the e-book market future? Probably, yes. Platforms like Books.io are likely to step up the game and publish books beyond mere consumable products.
Navkiran Dhaliwal is a seasoned content writer with 10+ years of experience. When she's not writing, she can be found cooking up a storm or spending time with her dog, Rain.
