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https://opensea.io/collection/books-39
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phil
@phil
Welcome @amelie! Alexandria Labs (alexandriabooks.com) builds infrastructure for authors and publishers to release ownable, un-bannable, un-censorable e-books with web3. She has agreed to do an AMA for the /books channel. Reply with your questions (please make sure to tag her so she can easily find them)
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Callum Wanderloots ✨
@wanderloots.eth
hi @amelie ! very cool that you're building this system out! My questions: are e-books a sustainable source of revenue for writers? how would you suggest writers leverage crypto/blockchain tech to earn revenue along the way of writing a large project like a book?
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amelielasker.eth
@amelie
Hi Callum!! So even in web2, ebooks can be a sustainable source of revenue for writers. J.A. Konrath, an author we worked with to release the Dark Thriller Collective last week, was an early pioneer of Kindle, and he was able to start selling millions of books worldwide through his hard work (and great books that delight fans) making us of digital distribution. One of the many problems with web2 ebooks is their perceived value. People don't want to pay as much for a book they can't own; even if they don't recognize outright that they don't own it, we still see this in consumer behavior. People often just buy web2 ebooks that they want to read once or that they aren't sure they'll love, and the vast majority of profits in the publishing industry still come from physical books. Many people make gorgeous ebooks in web2, but there's so much more that can be achieved with digital. Web3 ebooks are inherently more valuable to people and they return some of that magic of physical books in our personal collections.
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amelielasker.eth
@amelie
Plus, web3 ebooks make it so much more accessible for authors and indie publishers to create beautiful limited editions without needing to scale up for printing costs or deal with global shipping. And they can do unique covers, animated covers, bonus content, so many things.
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Callum Wanderloots ✨
@wanderloots.eth
Thanks for the detailed answers! will respond to each point separately. I completely agree, and have noticed that trend as well. There needs to be a greater incentive for people to actually want to "own" an e-book, since many people don't value digital assets nearly as much as physical. also agree that web3 books are inherently more valuable. You can cement copyright more easily & create an asset that can be tradable in the future. Especially with limited editions
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