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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
In terms of earning revenue along the way to writing your first book (this is definitely a nearly universal issue--for most authors, they aren't getting a livable wage from an advance from a big publisher), I would recommend publishing work in smaller pieces that readers can collect onchain. This naturally builds your audience and creates a clear way to stay connected: for one thing, you will always know the public addresses of your collectors! Elle Griffin is doing great work with the Elysian Press exploring ways authors can fund works-in-progress by leveraging onchain. (https://www.elysian.press/) Blockchain publishing provides a beautifully direct solution: people can support your future work by buying current work, and then you can easily reward them later.
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