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TW3 #007 - How this App Will Make Everyone Want To Use Web3
Mark Cuban NFT, book.io, BlackRock files for Bitcoin ETF, Prompt of the Week
Karolyne Hahn
June 17, 2023
TW3 #007
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Here’s The App That Will Make Everyone Want To Use Web3
It’s 2021. Billionaire investor and Dallas Mavericks owner Mark Cuban discovers NFTs and crypto.
He is intrigued by the concept of turning a digital file into a token represented on the blockchain.
Why?
Because you can sell and earn royalties on secondary sales, which used to be impossible with physical assets.
It led him to dive deeper into the world of smart contracts, and he discovered the potential of decentralization:
“It’s disruptive!”
Cuban didn’t stop exploring NFTs since then.
He recently even transformed his book into an NFT:
“How to Win at the Sport of Business” [Link]
How?
He partnered with Book.io - a decentralized marketplace for eBooks and Audiobooks.
Why will this platform become the ultimate game changer for web3 and the eBook industry?
Let’s dive right in.
🤘
In Today’s Newsletter:
💡 Breakdown: The Revolution of a $14.21 Billion eBook Industry
The Future of Digital Ownership
Royalties
Read-to-Earn
👌🏼 1 Thing To Do: Watch BlackRock Goes ALL-IN on Bitcoin
🚨 Links I Love around AI & Web3
🎁 Gifts For Subscribers
📌 Prompt of The Week
Reading time: 6 min
💡Breakdown:
How Book.io is Revolutionizing the eBook Industry
📈 Ebook Industry - Figures & Trends
Revenue in the eBook market is projected to reach $14.21 billion in 2023.
The number of eBook readers is expected to reach 1.12 billion by 2027.
The average revenue per user (ARPU) in the eBook market is expected to amount to $14.46.
Amazon has sold over 487 million eBooks, making up 36% of total book sales and 19% of total book sales in revenue while owning 72% of the e-reader market.
💸 The Future of Digital Ownership
Now, what's the big deal?
Unlike your usual online bookstores, where you're buying a license to read a book, Book.io is about giving you the real deal.
You're not just getting some fancy NFT image of a book cover; you're getting the entire book as a Decentralized Encrypted Asset (DEA).
It's like having a book on your shelf but in the digital world.
So, for the first time, readers can own their eBooks and Audiobooks and sell them on secondary marketplaces.
It’s like having a garage sale for your eBooks and Audiobooks.
🎊 And guess what?
It's a win-win for everyone.
Here’s why …
💸 Secondary Sales Royalties
Every time a book is sold on the secondary market, the original creators earn a royalty.
This is a game-changer in the publishing industry, offering a new revenue stream for authors and publishers.
💸 Read-to-Earn
The platform introduced a unique Read-to-Earn model:
Readers can earn $BOOK tokens for every page they read.
These tokens can be used to
purchase new digital books,
receive discounts, and
unlock exclusive features.
This model incentivizes reading and offers a new way for readers to engage with books.
Imagine how this could change the educational sector!?
📚 Mint+Print™ Book Bundling
Do you prefer holding a book in your hands?
👉 There’s a Mint+Print™ Book Bundling.
It allows users to receive a physical copy of their books, offering a hybrid model that caters to both digital and traditional book lovers.
⛓ Multi-Chain Integration
Book.io is blockchain agnostic.
This means
Creators can choose the chain that works best for them.
Seamless transactions across different blockchains, offering flexibility and convenience for users.
👀 Secure and Private
The platform offers a fully decentralized eReader, providing a secure and private reading experience.
🚨 This means:
Your reading habits and data are not tracked or sold to advertisers, offering a truly private digital reading experience.
Let’s Recap
Book.io is revolutionizing the eBook industry by offering
True ownership of eBooks and Audiobooks,
Secondary sales royalties and a
Unique Read-to-Earn model.
With its innovative features and commitment to rewarding authors and publishers, they lead the way in the digital reading revolution.
What are your thoughts on this? Hit reply!
How much money did you spend on books or audiobooks in the past year?
Imagine you could earn tokens with every page you read and resell all your eBooks or Audiobooks.
Hooked?
I am, that’s for sure. 😄
👌🏼1 Thing To Do
🎥 Watch: BlackRock Goes ALL-IN On Bitcoin
BlackRock's announcement filing for a publicly traded bitcoin trust will give investors all of the benefits and exposure to a spot bitcoin ETF. [Link]
Eric Balchunas & James Seyffart, two ETF experts at Bloomberg, explain
- The difference between this fund vs Grayscale's fund
- Potential market implications
- How the regulatory environment could change, and
- Predictions if it will get approved & how much capital will flow into this fund if approved. 🤑
Or you can read my summary here: [Link]
👌🏼 Links I Love
LEARN | NEWS | TOOLS 🔥
I read 5.000 Tweets per week and 30 Newsletters daily, so you don’t have to but still keep up.
The Best of the Best is listed below.
Learn
💡 The Value Prop Crypto Use Case Database: The database features multiple unique use cases, incl. sustainability, humanitarian work, education, and more. It’s a great way to see the broad set of use cases already being tackled and help generate ideas for new use cases. [Link]
👩🏻🏫 Create Your Own AI Chatbot without Programming: Learn how to build, analyze, deploy and monetize chatbots - with the help of IBM Watson and the power of AI. [Link]
👩🏻💻 Brilliant: Master concepts in 5 minutes a day. Dive into quantum physics and beyond. Brilliant makes it easy to level up fast with fun, bite-sized lessons.
Visual, interactive lessons make concepts feel intuitive — so even complex ideas just click. Our real-time feedback and simple explanations make learning efficient. [Link]
News
💰 BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian: The world's largest asset manager applied with the US SEC to launch the iShares Bitcoin Trust, in a plan to enable investors to get crypto exposure quickly. [Link]
👩🏻⚖️ The SEC sued Binance, now Coinbase. What's next for crypto? [Link]
💵 Sotheby's NFT Sale 'The Goose' found a new home with Punk6529. The winning bid was $5.42 M. [Link]
⛔️ EU AI Act - First regulation on Artificial Intelligence: It places AI systems into different 'risk' buckets. Find out how it will protect you. [Link]
🚨 Leaked Amazon Doc Encourages ChatGPT Usage: The document showcases 67 potential use cases for ChatGPT across various teams, incl. generating code, writing marketing material, and analyzing financial reports. [Link]
🧥 Google’s New AI Clothing Try-On Tool: Google has announced their new virtual try-on feature, allowing users to see how clothes look on real models with different body shapes and sizes. [Link]
🚗 Mercedes-Benz is adding ChatGPT to its infotainment system. [Link]
🙇🏻♂️ MIT researchers make language models scalable self-learners. The scientists used a natural language-based logical inference dataset to create smaller language models outperforming much larger counterparts. [Link]
Tools
💂🏻♀️ Protect your data while browsing the web. Nord VPN [Link]*
🛠 10 Best ChatGPT Plugins You Should Know [Link]
📹 Hour One AI Video Generator: AI video tool with text-to-video capabilities for businesses. [Link]
🎁 Exclusive Gifts for Subscribers
📌 Prompt Of The Week
“Give me a cold DM that will use scarcity and urgency to make my [ideal customer persona] afraid of missing out on [product/service].
Offer them a limited-time offer or exclusive deal that they cannot resist.”
Creating opportunities means looking where others are not.
That’s all I have for you today.
Thanks for reading The W3bpreneur! 💜
If you learned something useful, share it with a friend 🙋🏻♀️
Until next week legends.
Best,
Karolyne
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.
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