Article Summary, Automatically Generated By AI
Summary
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Token Details:
- Token name: PAGE
- Supply capped at 100M
- 10M minted to Ethereum blockchain
- 90M to be minted to Cosmos at a later date
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Network Goals:
- Disrupt traditional book and ebook industries
- Provide a more streamlined publishing platform
- Offer transparency into book performance
- Lower costs to authors and publishers
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NFTBooks:
Our Story: A Journey of Innovation and Excellence
The PAGE token embodies the spirit of creative expression. At its core, PAGE represents a community of like-minded individuals who believe that creative endeavors should yield a sustainable income, regardless of geographical location or role within the creative ecosystem. As such, PAGE is designed to be a decentralized network, intentionally inclusive, seeking to empower a diverse range of creatives, rather than an exclusive, centralized system that benefits a select few at the expense of the many.
The inaugural launch of the PAGE token marks the commencement of an extensive development process, ultimately culminating in a Cosmos SDK blockchain capable of facilitating decentralized governance via DAO, enabling seamless transactions across a vast network, and sustaining network operations through the collection of fees in the native PAGE token. The total supply of PAGE tokens will be capped at 100 million, with 10 million tokens initially minted on the Ethereum blockchain and an additional 90 million to be minted on Cosmos at a later stage. The future trajectory of the PAGE network is clear: to revolutionize the traditional book and ebook industries by providing a more efficient and streamlined publishing platform.
PAGE will introduce unprecedented transparency into the performance of books, while drastically reducing costs for authors and publishers to a bare minimum. Rather than requiring separate licenses for each format a book may take, a single NFTBook can be effortlessly updated to accommodate video and audio content, in addition to traditional text files offered by popular e-reader apps and devices. Furthermore, NFTBooks will also provide the capability to request a print copy at printer cost, seamlessly facilitated through the dAPP embedded within each book.
NFTBooks are an unstoppable force, comprising a blockchain-anchored reference point and a robust IPFS backend, whose resilience is directly tied to the strength of the underlying network. By leveraging public and private key encryption, NFTBooks safeguard their content behind a permissioned token gate, thereby preventing unauthorized access and ensuring an unprecedented level of security that surpasses even that of traditional paper books and ebooks. Furthermore, the inherent digital ownership and scarcity of NFTBooks will give rise to more efficient markets than ever before. In fact, NFTBooks will even outdo the durability and censorship resistance of books produced by the venerable Gutenberg Press and its predecessors.