Last week, @rgbillennials wrote a cool idea on Twitter.
Books are really important part of our lives. Since age 3,from drawing books to world classics, most of us have read books and keep reading it. To educate ourselves or to just enjoy the time, books have impacted our life by positive. Behind every book, there is an idea and those ideas come from the authors. Global book market is valued at 143 billion $. Which is a huge number. But ofcourse like in every sector, there are inequalities. While some authors earn huge moneys, some authors can’t even earn decent numbers.
While the technology improves it also effect how we read books. Books were physical goods, but with gadgets like ‘’ Kindle ‘’ or even some applications on tablets or phones, books can read digitally and there won’t be a need to have the physical copy of that book. While it’s being nature friendly its also usefull for many people since you can carry 100s of books digitally on a light tablet.
The idea is really unique. How would it be to fund authors through Dev Protocol?
It’s definetly brilliant. There can be tons of cool stuff that could build on that ecosystem. Hardest part could probably be the authentication part. Since there stakes.social gets the data from GitHub and u-Zomia/Cobogo gets the authentication through youtube using Khaos Oracle. I don’t know if there is a digital place to authenticate authors. Maybe apple books?
That should definetly be digged into. But if the authentication part is solved, the are authors that definetly worth the staking for.
Also the perks and sTokens could be really usefull for author market. Some special Perks would be really cool. For example NFT’s that open content for extra storylines or 1/1 golden edition of the books digital version which could be traded on secondary markets. Imagine LOTR’s 1 of 1 edition. That would worth 7 digits atleast.
Since Khaos Oracle is flexible to get data from anywhere, Dev Protocol has huge advantage to support any market. I would love to hear ideas about the author market and what can be build. Thanks @rgbillennials for sharing this idea.