We are happy to announce the Authorship platform is now officially launched, as per our project roadmap.
June 1st is the first day when authors can begin to register their books through our platform and receive 90% royalties for their ebook sales. We welcome all authors to register and submit their books for review (it only takes 5 easy steps).
Currently, the platform allows authors to sell digital versions of their books, in a PDF format to readers all over the world. Translation licensing rights and print options will be implemented as well in the coming future once the registered books catalog and readers numbers has grown to a considerable size, getting authors one step closer to receiving full authorities for their works.
Authorship aims to simplify the book publishing process by giving all the authorities to the author. When an author publishes a book at the platform, he/she enjoys all the rights and does not have to comply with the complex policies of publishers, worry about the distribution or share the major chunk of royalties with the publishing company.
All the transactions on the platform are done through the use of ATS tokens. The ATS, an ERC-20 token based on the Ethereum technology, is a unit of exchange on a new Blockchain based book publishing system. Authors are rewarded with ATS tokens in exchange to book sales, while readers are able to spend ATS tokens in order to purchase books.
We look forward to be a revolutionary platform that facilitates and promotes the literary community across the globe!