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November 18, 2017, 07:23:54 PM |
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You're right, there are many projects looking at books and art. SingularDTV is a good example of art funding, Kickico is a good example of kickstarting art, po.et does intellectual property registration, Authorship does translations, and ETHbooks does ebooks about crypto. So we have many fellow travelers. Publica tackles the heart of what happened when digital books were invented -- the digital rights management sytems (DRM) and the End User License Agreement (EULA). Those were devised by iTunes and Kindle specifically to deal with a thorny problem -- copyright law. It's so easy to copy digital books. So they borrowed a page from Microsoft DRM and video games developers, namely, the EULA. That's an agreement between the "buyer" and seller, and if you read one, it says that no "buy" has taken place. Only a private agreement, and therefore not subject to copyright law. This worked well in the beginning. But people think "buy" means I own it. I should be able to give a great book to my friend. Buy my child's university books for them. Gift 100 books to a deserving school in Tanzania (I lived there once.) Lend a digital book to a friend and they can give it back to me when they're done. Send a digital book to my friend in Lima who doesn't have a credit card and can't get an Amazon account. Sell my own books for USA prices in USA and Java prices in Java. None of those are possible with DRM and EULA's, unfortunately. So we fixed it. Buy a READ token to a book, and it goes in your wallet. Nobody can dispute that you own it. The money you paid for that book goes right into the author's wallet, now. No dispute about royalties, overseas "charges," whatever. Author Paid Now. Sell the book you bought, when you want. Crypto. Buy 1,000 copies of its READ token and open a bookstore where you know there's a market for it.
You get the idea. It's the blockchain evolution.
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