NFTBOOK, The NFT Marketplace for books

Authors

1. Set Up a Web3 Wallet: Before you can start, you'll need a Web3 wallet. This is a digital wallet that supports Ethereum and other blockchain technologies. Popular choices include MetaMask, Trust Wallet, and Coinbase Wallet. Download and set up your wallet following the provider's instructions. 2. Connect Your Wallet to NFTBOOKS: Visit the NFTBOOKS platform's homepage. There should be an option to connect your Web3 wallet to the platform. This process usually involves clicking a 'Connect Wallet' button and following the prompts to authorize the connection. 3. Request to Become an Author: Once your wallet is connected, look for an option to request becoming an author. This could be a form or a specific section on the website where you can submit your application. 4. Complete KYC (Know Your Customer) Process: NFTBOOKS will require you to go through a KYC process. This is a standard procedure to verify your identity and ensure compliance with legal regulations. You'll likely need to provide personal information and possibly upload identification documents. 5. Wait for Approval: After submitting your request and completing KYC, your application will be reviewed by the NFTBOOKS team. The time taken for this process can vary, so be patient. 6. Start Publishing Once Approved: Once your request is approved, you'll be an authorized author on the NFTBOOKS platform. You can then start the process of publishing your works as NFTs.

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What are the benefits of publishing on NFTBOOKS?

Publishing on NFTBOOKS provides benefits such as direct earnings from sales, perpetual royalties, a global audience, enhanced digital rights management, and the prestige of being an early adopter in the NFT space.

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General

What is NFTBOOKS?

NFTBOOKS is a platform that leverages NFTs to provide affordable and accessible e-books, magazines, articles, literature, and poetry to readers around the world. The platform aims to revolutionize the way we read books by offering a new, verifiable way of owning digital books and other written works. By using NFTs, NFTBOOKS provides benefits such as ownership verification, transparency, and potential revenue streams to authors, readers, lessors, translators, and investors.

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What is NFT?

NFT stands for "non-fungible token," which is a unique digital asset that is verified using blockchain technology. Unlike fungible tokens, such as cryptocurrencies, which are interchangeable with one another and have equal value, NFTs are one-of-a-kind and cannot be replicated. This is because each NFT is assigned a unique identifier that is stored on the blockchain, which verifies its authenticity and ownership. NFTs can represent various digital assets, such as artwork, music, videos, and other types of content. The value of an NFT is determined by its rarity, uniqueness, and demand within the market.

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What is NFT Used For?

People interested in Crypto-trading and people who like to collect artwork often use NFTs. Other than that, it has some other uses too like: Digital Content - The most significant use of NFTs today is in digital content. Content creators see their profits enhanced by NFTs, as they power a creator economy where creators have the ownership of their content over to the platforms they use to publicize it. Gaming Items - NFTs have garnered considerable interest from game developers. NFTs can provide a lot of benefits to the players. Normally, in an online game, you can buy items for your character, but that’s as far as it goes. With NFTs, you can recoup your money by selling the items once you’re finished with them. Investment and Collaterals - Both NFT and DeFi (Decentralized Finance) share the same infrastructure. DeFi applications let you borrow money by using collateral. NFT and DeFi both work together to explore using NFTs as collateral instead.

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Why Are NFTs Becoming Popular?

NFTs have actually been around since 2015, but they are now experiencing a boost in popularity thanks to several factors. First, and perhaps most obviously, is the normalization and excitement of cryptocurrencies and the underlying blockchain frameworks. Beyond the technology itself is the combination of fandom, the economics of royalties, and the laws of scarcity. Consumers all want to get in on the opportunity to own unique digital content and potentially hold them as a type of investment. When someone buys a non-fungible token, they gain ownership of the content, but it can still make its way over the Internet. In this way, an NFT can gain popularity — the more it’s seen online, the more value it develops. When the asset is sold, the original creator gets a 10 percent cut, with the platform getting a small percentage and the current owner getting the rest of that revenue. Thus, there is potential for ongoing revenue from popular digital assets as they are bought and sold over time.

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NFTBOOKS Authors

Do I need to have balance to receive sale payments?

No, you don't need balance to receive payments. The NFTBOOKS platform operates on the blockchain through smart contracts, which means you will receive payments for your book sales automatically without needing to do anything extra.

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How many copies of a single book can I publish on NFTBOOKS platform?

Authors can either create limited copies to be sold to create scarcity and demand of the book, or they can create as many books as they wish to.

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What Formats to use to publish a book?

NFTBOOKS supports PDF, EPUB, MOBI, AMZ3, DOCX, DOC format.

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How my Profits/Income will increase with NFTBOOKS?

Authors will be receiving 2 types of Revenues from the NFTBOOKS Platform: - A) Authors will receive "Sale price" of a book. B) And after Sale, Authors will receive 2 types of "Royalty Incomes": - i) Every time an owner would sell the book to a new person, the authors will receive a certain "percentage of sale amount" as a "Royalty income" into their wallet. ii) Every time an owner leases the book on rent to a person, the authors will receive a certain "percentage of rent amount" as a "Royalty income" into their wallet. Note: - This Royalty income for the authors is for lifetime.

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Is my copyright transferred with the transfer of ownership (at the time of sale of a book) at NFTBOOKS Platform?

No, sale of an NFT (book) at NFTBOOKS Platform does not necessarily mean a transfer of copyright, unless an author does a separate agreement with the buyer to transfer his/her Copyrights.

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Am I still eligible to earn royalty income even after selling my books to readers?

Yes, NFTBOOKS platform ensures a perpetual income for the authors even after a sale of book from authors to reader. (For detail information read next FAQ)

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Do I need certain balance in my wallet to publish a book?

Yes, to pay the Polygon network transaction fees ( MATIC) and publishing fee ( $NFTBS ) with few dollars. Hence you need to have balance at the time of publishing a book.

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Readers

Lessors

Translators

Investors

How Can I Claim My New Tokens on Polygon?

Please follow these instructions to claim your new tokens on Polygon: First step: Select the POLYGON network in your wallet. Then, connect your wallet to our platform: https://apps.nftbooks.info/bsc-treasury. Second step: Edit your username, then agree to the platform's terms and conditions, and save. Finally: Visit the link https://apps.nftbooks.info/bsc-treasury, scroll down to claim your NFTBS tokens. The process will ask you to confirm and have some MATIC in your wallet to pay the gas fee. Please increase the gas to maximum. The estimated fee shown is around 0.5 MATIC ( not real), but it only charges $0.03 per transaction.

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NFTBS FAQ

Authors

General

NFTBOOKS Authors

Readers

Lessors

Translators

Investors

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