Online piracy has ended up as a pressing challenge for publishers and authors. Every year authors and publishers incur $300 million in losses. As a result, they feel demotivated since 99.99% of the books published stand pirated and the majority of the piracy originates from underdeveloped and developed nations because of the low earning potential of the population. For example, if an individual buys any book online or requests for its hard copy, it could amount to roughly $10 or $15. In developed nations, it is an hourly income; whereas, in developing and underdeveloped economies, it could be a day’s earnings or at worse, 3 days of hard work. 

So you can imagine the scenario and the necessity of piracy to acquire knowledge in such economies. Having said that, what if there’s a solution that can minimize the cost by eliminating intermediaries and incentivizing authors due to the mass volume of readers. Perhaps, that’s what NFTBooks intends to do for the authors moving forward. Using the underlying principles of blockchain and NFTs, NFTBooks aspires to set up an ecosystem where knowledge flows deep and one does not have to take it as a luxury to move forward in their life and career. 

Put simply, NFTBooks is a writing platform built on top of blockchain technology and uses NFTs to establish ownership. Unlike the normal writing platforms like Google’s blogger which controls the data, resulting in anyone copying or downloading the book for free, NFTBooks uses IPFS to connect with readers. The benefit of IPFS is independent storage with full control over your data. As a result, authors can skip paying high charges in the form of server and hosting fees while launching their books. Hence eliminating barriers to entry for new authors with limited resources. 

? buy NFTBS Token Here ? 

The idea that your best creativity could end up in a dustbin because the editor of a publishing house didn’t like it makes book writing sound more like gambling. However, such shouldn’t be the case. Authors shouldn’t be at the mercy of editors and the publishing house to showcase their art. Even if they agree to these exploitations, the returns are barely enough to keep things sustainable for long.  For example, a normal author gets 10% royalty on book sales, whereas, the remaining  90% stays with the publishing house. So, you can very well understand the plight of the authors and the reason why book prices are touching the sky. Having said that, NFTBooks established an ecosystem by identifying these challenges and building solutions around them. In a way, benefitting all possible stakeholders by eliminating intermediaries. 

Using blockchain technology, NFTBooks provides complete anonymity to the author to cover any topic of their choice without the fear of vendetta and persecution. For example, Salman Rushdie, the author of The Midnight Children was accused of exploiting freedom of speech to malign the image of the Muslims. As a result, he was banned from entering India. The same fate fell upon other top authors like Nadine Gordimer, Judy Blume, Gustave Flaubert and many more who had been persecuted for multiple other reasons. With NFTBooks, such problems do not exist as the ecosystem allows authors to stay anonymous and contribute to the ecosystem. Along with this, it also incentivizes all segments in the following ways mentioned below that go into making any book a grand success.

They get the chance to publish their books as NFTs and get complete ownership of the book to derive income from the same. 

Direct purchase from the authors eliminates intermediaries, as a result, the price comes to a highly affordable level across all geographies. 

Translators get the chance to earn as well. For every translation that they do, they receive a service fee. The upside for authors here is that translators commit a certain percentage of their fees to the authors. 

Even book renters can buy back the rights of ownership from the authors in NFTs and share the books on a rented basis with the readers. However, even for doing that, a certain percentage of earning through renting must go back to the authors despite them shelling off the ownership of the book to the buyer. 

The NFTBS token will incentivize investors who buy scare releases and mint an NFT of their own to sell via their wallet when the author has become famous. So by doing so they can either sell the book to the third party at a premium price or rent it out on a fixed subscription model. Whatever be the case, yet again those investors need to share a portion of their profits with the author. 

NFTBS token is trading at $0.0...03212 at the time of writing across many exchanges. With a current market cap of $32,221,239, the NFBS token has a way to go for driving mainstream adoption. However, it could be a reality in the future since most publishers are indulging in greedy capitalism. They are setting-up specific pricing models to indulge in superficial profiteering. For example, the concept of renaming e-books as e-textbooks and charging 3x to 5x prices has turned rampant in the UK.

Millennials are forced into a profiteering pricing model where publishers compel readers to engage in annual licensing for as high as $800 to $1000. Having said that, readers might look for frugal ways where they can read their favorite books for a fraction of the cost they incur buying from distributors. Hence, the demand for the NFTBS token could rise considering its limited supply and it is the fuel to interact with the NFTBooks platform. 

In case you are wondering if the concept of digital assets is new, it isn't. The base originated way back in the past.  Projects like Entropia MMO and Ultima Online introduced the foundation of the technology. Post the launch of blockchain, cryptocurrencies, and NFTs, they just went mainstream.

The main reason for the same is technology supporting their sustainability and scarcity driving their value. Through the use of blockchain, anyone can buy and raise digital assets. In the process, making them scarce and valuable. So, you can understand why the madness is intensifying within the  SandBox ecosystem. Or, why people are so reckless to dump thousands of dollars to buy a 50*50 feet plots on the Decentraland metaverse. 

These plots have a use case where NFTs are getting stored. In their absence, it would mean users have no place to store in-game assets or trade them at premium rates. On top of this, these metaverses are also simplifying buying physical land. As in the real world, buyers have to pay taxes and stamp duties for land purchases. But, on the metaverse, they can bypass all complexities by quickly buying lands with no paperwork.

So, if you want to maximize your gains while investing in properties or real estate, metaverse could be your stop point.  ULand is an emerging digital asset concept to revolutionize the concept of buying properties as digital assets cross-border via the metaverse. In this article, we shall deep dive to find out everything about ULand and whether it is a good idea to buy digital lands there. 

Uland is an NFT project on the Binance Smart Chain that replicates planet Earth. So using blockchain technology and NFTs, you can own any part of the Earth on Uland. It could be beautiful cities, natural parks, or oil rigs. In case this concept is intriguing, those NFTs truly represent real-world assets. With that said, isn't it exciting to purchase the entire Burj Khalifa in a flash? Sounds like a Utopia, but it could be true soon.  

When Mark Zuckerberg, the founder of Facebook said Metaverse would be the next paradigm in computing, there's enough reason to support his statement. At the moment, what we want is an immersive experience while dealing with the digital space. While interacting with friends and family on Skype, Zoom, or Teams, we are devoid of that experience.  With the help of the metaverse, we can very well live that experience. Uland at the moment is building a metaverse with everything for the stakeholders. 

For the investors, there will be returns to buy lands on Uland. Whereas, if you are a gamer, there will be an immersive experience and you can literally interact with the real world in the digital space. For the common folks, it will be very simple to understand the culture, language, and way of life of different countries from the comfort of your bedroom. The best part would be participating in the job economy or wandering in a completely new atmosphere. 

As the craze to have a digital experience intensifies under the influence of metaverse, NFTs, and blockchain technology, projects like Uland are poised to explode in the future. In its initial funding, ULand has been phenomenal in securing 100% sales of all the lands. The early adopters have been rewarded with US$280,000 in their native tokens. With that said, the sooner the investors participate in the investment and funding, the better it would be for mutual benefits. As we are about to enter the world of digital assets, metaverse, gaming, and NFTs, Uland provides a perfect blend of all of them. 

We are using BNB to buy ULand Tokens in this tutorial here.

You need some of the BNB tokens in your Trust or Metamask wallet for the swap. In case you do not have them, transfer the same from the centralized exchanges like Binance or Coinbase to your Trust or Metamask wallet or Ledger.

Open Pancakeswap and go to the trade section. On the trade page, you need to enter the ULand smart-contract which will import UTokens to your wallet.

Once the import is complete, enter the BNB as shown in the image.

Connect to  Pancake Swap, keep the slippage setting  to 10% to 20% 

Click on the swap button and once the swap is complete. You can add the crypto to your custom wallet using the add custom token button.