#PublishingReinvented 77 - World's 1st Top 10 Ebook NFT Sales Chart & Your $20 or $25 Coupon Is Waiting to be Spent
What are ebook NFTs?
An ebook NFT is a digital token, which includes two things:
The content of the ebook, a book you can read and enjoy, including any extra files that come with it, such as a video guide to the book or an interview with the author. These can all be downloaded and enjoyed after you buy the NFT.
This is the part that is different from most other online content. Your ebook NFT includes a contract to allow you to resell the single copy of the ebook you purchased after you are finished reading and enjoying it.
That’s different, right?
Up to this, we have mostly lived in a digital world where everything is rented or provided to us on a limited license.
Ebook NFTs change all that.
They give you the agreed (by the author) ownership of a single copy of the ebook and associated files. This does not give you the ownership of the copyright, just ownership of that single digital copy.
Limited ownership rights is a well understood concept in the real world. If you buy a special print edition of a book you can sell it to a second-hand book store and they can sell it afterwards. This ownership concept is now reaching the digital world in the form of special edition ebook NFTs.
The contract, the key part of the NFT allowing you to prove you own it and then resell it, is stored on the blockchain, an online cloud service which distributes the contract code widely so it cannot be replicated or lost.
Here is the world's first:
Top 10 NFT Ebook Sales Chart
# 10 Journey to Diamond Peak Special Edition NFT Here
# 9 Call Sign White Lily Special Edition NFT Here
#8 He Who Pays The Piper Special Edition NFT Here
#7 A Dangerous Emperor Box Set Special Edition NFT Here
#6 Chameleon The Forest People Box Set Special Edition NFT Here
#5 Quantum Messenger Special Edition NFT Here
#4 The One-Eyed King Special Edition NFT Here
#3 Lore of Arcana Special Edition NFT Here
#2 Epic: Conor Kostick's full LitRPG/GameLit Universe Special Edition NFT Here
#1 Verannie Moss And The New Hideout Special Edition NFT Here
What have we learned while selling these ebook NFTs?
Packaging is critical. The visual aspect of an NFT is what provides a big part of the appeal. It also underpins the value of each NFT. Each of the above top selling NFTs features a unique visual identity. The highest NFT sales go to ebooks with truly engaging and interesting visuals.
Having a community helps. Each of the top selling NFTs was supported by a community on our site and from each of the contributing authors. There would have been few sales without the help of this community.
We are at the beginning of our journey. Sales have been picking up as the months go by as interest in and understanding of NFTs grows. The trajectory is encouraging.
So, what’s next for NFTs?
The world of NFTs is evolving fast.
Twitter are planning a way to let people use the visual part of their NFTs as their profile pic. Read about that here. The new NFT profile pic will include a blue verification tag and could lead to a sales channel through Twitter as well as proof of how long you own an NFT and who you sold it to.
TikTok has launched an NFT collection. Details here.
Facebook is also on the verge of getting involved. More here.
All of this means NFTs are definitely not going away. The benefits for ebook buyers and authors, resale rights for single copies and traceable sales and ownership rights, are far too appealing.
At BooksGoSocial we are planning further NFT drops and an expansion into multiple NFT marketplaces in 2022.
Our journey is one of education and market development. This post, for instance, describes how readers will benefit from NFTs. There will be more educational developments too.
If you want to get involved and have ideas for NFTs in the book world email: email@example.com
Here’s some other ideas for book related NFTs:
An NFT invitation to a book launch, including the ebook, special imagery and a video from the author.
Your entire collection of files ZIPP’d and put on the blockchain as an NFT to preserve your legacy.
An embossed print edition included with a high value NFT.
What can you come up with for an NFT? Your imagination is the limit.
Your $20 or $25 Coupon is Waiting To Be Spent
The codes are bgs20 or bgs25 (no caps & no spaces.)
Here’s what this newsletter is all about:
This #PublishingReinvented newsletter will provide you with:
Weekly insider advice on preparing, editing, publishing and marketing your own work.
Your questions answered in the next email or personally by reply if you are a subscribing member.
Something free or discounted, regularly.
A community to support you.
Access to editing, publishing and marketing services at great prices.
This weekly email will hit your inbox each Monday. See all previous emails in this series here.
To subscribe, for those who may have received it as a trial, click below for monthly and annual options:
Subscribe now with a credit card.
To subscribe with PayPal for only $6 per month click below:
You can cancel anytime and pay no more.
Founder BooksGoSocial & The International Dublin Writers’ Festival