People all around the globe spend a lot of money on books every year, yet the writers only keep a tiny portion of the earnings made by the publishers. This motivated Chau Nguyen, a Vietnamese living and working in Australia, to eliminate the piracy and copyright issues in the publishing world and fuse NFTs with books.
NFTBOOKS is an innovative concept in the global crypto industry through which an owner may become a personal publisher in the ecosystem, giving readers more options for reading the books.
According to Chau Nguyen, “NFTBOOKS was founded with a vision to becoming a leader in the industry of publishing books. The platform addresses persistent difficulties such as copyright and pricing. The books are directly delivered to users without a third-party intermediary.”
The Idea Behind NFTBOOKS
The CEO of NFTBOOKS, Chau Nguyen, established an Australian blockchain technology platform enabling authors to self-publish their books online and sell or rent their works to benefit authors and readers. “The concept of NFTBOOKS came to by chance,” says Chau Nguyen, the platform’s CEO and co-founder.
The NFTBOOKS platform is based on blockchain technology in the form of non-fungible tokens with a high-security rate that allows writers to self-publish books, providing the best value to readers and removing intermediaries.
Since his childhood, Chau Nguyen has enjoyed reading books, and he was fortunate enough to be exposed to many books at his mother’s business, a small book publishing company. Chau Nguyen’s daughter also enjoys reading, and he frequently purchases books for her. However, book costs in Australia are high, inspiring him to create the NFTBOOKS platform.
NFTBOOKS will eliminate about 99.9% of pirated publications.
According to co-founder Chau Nguyen, “NFTBOOKS will serve as a direct link between authors and readers, bringing them closer together. Since day one, we have been working together from all over the world, regardless of race, religion, culture, or age; we are all working towards the same objective, which NFTBOOKS will attain.”
$NFTBS is an NFTBOOKS token, a cryptocurrency that can be exchanged on various platforms. It is used to administer and execute book purchases and sales on NFTBOOKS. NFTBOOKS’ future activities and features will be designed with the community.
“By utilizing NFT and blockchain, the writers will have more control over their works while assuring a return for each book,” says Mr Chau, Co-Founder of NFTBOOKS.
“Official literature will be available for purchase, and piracy will be eliminated. The NFTBOOKS team aspires to provide positive values to the community, as well as a healthy reading community and a long-term investment ecosystem for everybody. People all across the globe will have increased access to books, which will improve the material and spiritual quality of their lives.” Mr Chau Nguyen about NFTBOOKS and its possibilities.