Team Nolecoin is pleased to announce its evolution into WEB3 domain by decentralizing the EBook domain.
Product: NoleCoin team has launched the FIRST ever DECNTRALISED E-BOOK ON TRON BLOCKCHAIN ! The publishing of the e-book and hosting of it has happened on decentralized storage BTFS (BitTorrent File System)! The ownership of this e-book will be shared to Max 12000 people by the use of an UNIQUE and ORIGINAL NFT! The endeavour of this product is to decentralize the e-book market which currently is controlled by centralized players like Amazon Kindle etc!
USP and Benefits of DWP:
Owning a DWP will give users-
- Ownership of limited edition e-book.
- A cool PFP NFT.
- Rights to re-sell the book after reading.
- Users can lend the ebook to their friends for a fee on a P2P basis.
- Act as a distributor and resell the book in open market.
- 5% cash-back on any purchases done on nolecrafts.com ; more discount coupons to be launched in time to come.
Concept Brief: The book market ($140 billion industry) currently is centralized with publishers deciding what to publish. Further the control of distribution is with these centralized players. Even for e-books the content is stored in centralized servers which can be attacked / removed. The authors also lose out on a great chunk of total turnover to these centralized players.
Through this concept of #DWP we hope to introduce the concept of decentralizing the e-book market ( $7 billion industry) to blockchain enthusiast . In the current system the user buys and reads and then the e-book remains in his/her device. It is very difficult to resell them. Also the centralized players hardly share distribution rights to retail users.
DWP will share the ownership of the book via an NFT, so the user can buy, read and then resell the book in the open market. They can also lend out the book on P2P basis. Thus DWP creates a first step to WEB3 by decentralizing the storage, sharing ownership & resell rights through an NFT and thus takes a step forward towards censor free, decentralized world.
The book has been written by NoleCoin team member Debasish Das ; commonly called as Deba in TRON community. Deba carries a decade+ experience in financial industry having retired as an Associate Vice President of a leading MNC bank. He has been an active TRON supporter for the last 4 years and loves TRON Blockchain.
Why DWP Name:
The team choose Deba’s wolf pack as the project name because they want to:
- Create a fun environment.
- Wolf symbolizes family, unity, aggression & team work.
- The pack here symbolizes the NOLE and TRON community.
- The economics of the project is designed to benefit the project community and the TRON ecosystem.
TRON Ecosystem Benefits:
DWP will be launching the first lot of 6000 e-books on TRON Blockchain and through DWP they wish to contribute in a small way towards expansion of TRON Blockchain usage.
- Contribute towards visibility and usage of BTFS and BTT
- Contribute towards usage of TRON Blockchain and thus increase energy consumption / burn.
- Being the first WEB3 e-book on TRON can potentially bring new eyes towards the fast and effective TRON blockchain.
- Create awareness about investing in blockchain so that people use things based on technology rather than hearsay.
This is the pilot towards decentralizing the e-book domain. Once successful they plan to extrapolate this into a ready system where authors can release their content in WEB3 and in the process earn more than the current centralized systems and distribute their content across boundaries.