In the modern world of self-publishing, authors have a wealth of opportunities to make their work available to readers. NFT (Non-Fungible Token) Epubs, also known as "smart contracts," are an increasingly popular option for independent authors. This new technology offers authors the opportunity to maximize their royalties, while also providing them with a secure platform for rights management.
The concept of NFT Epubs is relatively simple. Authors create a unique digital asset, then upload it to the blockchain. From there, readers can purchase the asset, and the author receives a royalty each time the book is sold. This royalty is generated from the transaction fees associated with the purchase, and is automatically deposited into the author's wallet.
One of the key benefits of NFT Epubs is that they provide authors with a secure platform for rights management. The blockchain ensures that each asset is uniquely identified and registered, meaning that authors can be assured that their work will not be stolen or misused. Additionally, NFT Epubs provide authors with the opportunity to receive passive income. By setting up a smart contract, authors can receive a steady stream of royalties, even if the book is not actively being sold.
For readers, the benefits of NFT Epubs are just as impressive. NFT Epubs enable readers to access a high-quality digital asset at an affordable price. Additionally, readers can rest assured that their purchase is secure, as the blockchain provides a secure platform for transactions.
One of the most exciting aspects of NFT Epubs is that they allow authors to benefit from the "network effect." As more readers purchase the asset, the value of the asset increases. This means that authors can receive larger royalties, as the value of the asset increases due to the increasing demand.
NFT Epubs are a great way for independent authors to maximize their royalties and secure their rights. By taking advantage of this new technology, authors can benefit from the "network effect," while also ensuring that their work is secure. Additionally, readers can benefit from a high-quality digital asset at an affordable price. With NFT Epubs, authors and readers alike can enjoy the benefits of a secure platform for transactions and passive income for authors. passive income, self-publishing, passive income for authors
