PublishingReinvented #58 - Authors, Break Free With An NFT!
The real freedom-delivering benefits to writers from BGS NFTs include:
1. A 90% royalty rate. Currently, Amazon has a maximum 70%.
2. The ability to set a high ebook price. Amazon’s 70% rate stops at $9.99. That Amazon rate is unchanged in 10 years despite compound inflation of 23%, and rising, since 2010.
3. The ability to bundle extra digital files, such as video, graphics, audio files and text with a book. Amazon allows some extras inside the Word doc uploaded to become an ebook, and audiobooks can be sold separately, but Special Edition BGS NFTs allow more files to be bundled, such as audio excerpts, video extras and other files. This is why we call them Special Editions. They are not the ebook-only files you find on Amazon. Instead of a race to the bottom with 99c ebooks everywhere, authors can compete with their creativity with NFTs.
4. The ability to get a percentage every time the Special Edition NFT is resold. Set at 10%, this ensures that the author gets something when the Special Edition NFT is resold. Who knows where prices will go for early ebook NFTs.
5. The author will earn publicity value from being part of this. All the authors listed on our NFT page promote the page. Joint promotions help with visibility.
Blockchain technology, on which our NFTs are built, is coming to almost every area of our lives, from art to music royalties tracking to supply chain monitoring.
Authors can be part of the future now with BGS NFTs.
To start your collection go here. Random orders this week will receive a second NFT free!
What about NFT auctions? We have plans for that too. Watch this space!
We also have a new Facebook NFT Group too. Join here for all your NFT ebook news in one place.
Join us! Break free!
Below is a video guide to our main services - if you want to be directed quickly to the right service BooksGoSocial provides:
🔗 https://www.videoask.com/fbtb2bpdv
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Laurence O’Bryan
Author
Founder BooksGoSocial & The International Dublin Writers’ Festival