Using NFTs in the eBook market: A successful model for royalties and ownership
Non-fungible tokens (NFTs) are unique digital assets that can represent a wide range of things, including art, collectibles, and even digital books (eBooks). By using NFTs to represent eBooks, readers can prove ownership of their digital purchases in a way that is verifiable and secure. NFTs also provide a new model for royalties and rights management, allowing authors and publishers to be fairly compensated for their work and giving them more control over the distribution and use of their eBooks. The use of NFTs in the eBook market has the potential to revolutionize the way that digital books are bought, sold, and owned, creating a more sustainable and equitable ecosystem for the industry. Additionally, the use of a decentralized cryptocurrency, such as the ZDR token, as a means of payment and reward can further enhance the efficiency and fairness of this system.