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. 

NFTs (Non-fungible Tokens) are immutable, unique digital works of art that have become increasingly popular in recent weeks and months. Some NFTs have already generated millions. Do you also want to purchase NFTs? You can buy NFTs on these 4 platforms.

OpenSea is probably the best-known NFT platform. You can create, buy, and sell NFTs on OpenSea. OpenSea has existed since 2017 and is considered the first NFT trading platform. There you will find a large number of different NFT collections. You can purchase the NFTs on OpenSea if you connect an Ethereum wallet to the platform. The browser extension of MetaMask is the simplest solution. With any purchase, a 2.5% commission goes to the artist.

Take a look at our OpenSea guide to getting started! If you want to get started with Opensea, click here !

Rarible is another NFT exchange that primarily focuses on the creators of NFTs, i.e. the artists. However, there you can also select, buy and sell NFTs from collections. Rarible is much younger than OpenSea and didn't start until early 2020. The marketplace is very clear and focuses heavily on the creation process of NFTs. With every sale, both the buyer and the seller pay a 2.5% fee.

We have also created instructions for Rarible . If you want to buy NFTs on Rarible, click here !

Binance is the industry leader among crypto exchanges. The platform, founded in 2017, has become the absolute number 1 in crypto trading in recent years. Of course, it is then also possible to buy and sell NFTs on Binance. The NFTs are traded on the in-house Binance blockchain. The Binance Coin is available as a payment option. However, the platform also accepts Ether or US dollars. 

With Binance you have the crypto marketplace available to buy NFTs. To get to Binance, click here !

Crypto.com is probably the most hyped crypto platform in the last few weeks. The value of the Crypto.com Coin has risen massively recently and the platform stands out due to its extremely successful global branding. But behind the marketing, there is an excellent platform with which you can now also buy and sell NFTs. The platform carries numerous collections from NFTs, especially from prominent artists who cooperate with Crypto.com. You can pay with FIAT, with cryptocurrencies via an ERC-20 wallet such as MetaMask, or directly via the Crypto.com app.

Crypto.com is a modern marketplace for cryptocurrencies that recently started offering NFTs. Click Here you get to the trading center!

As blockchain technology facilitates ownership and authentication, more and more items are being digitized. Here we can talk about non-fungible tokens or NFT. This uses standards to establish the uniqueness of a token. It is possible to trace the timestamp at which an NFT was created as well as its creator thanks to the transparency of its blockchain. Therefore, NFT preserves the uniqueness and ownership of digital assets, which is why many collectors and artists are increasingly using NFTs.

Creating the NFT version of a digital content has its advantages, as it gives you more control over the intellectual property and offers you access to a worldwide network of art collectors. It is a much-needed gateway to a marketplace to own, sell and buy unique digital assets.

It's not complicated to create an NFT on Ethereum, you just need an Ethereum wallet that supports NFTs and an account on an Ethereum-centric NFT marketplace. Examples of wallets that support NFTs are Metamask, Coinbase and TrustWallet.

Below we are going to set an example to explain how it works in OpenSea using MetaMask as our wallet provider. Before opening OpenSea you have to have created an Ethereum wallet in Metamask.

1. Once in OpenSea, we click on the Create menu. We connect the Metamask wallet and sign the message that appears to confirm the ownership of the address.

2. Next in the Create menu, click on My Collections. A new page will open and we click on Create, then we proceed to upload the images, gifs or other digital elements.  

3. We can then customize it and when we finish, we click on create to mint the NFT.

4. We confirm the creation of the NFT in the wallet by signing another message. The NFT should then appear as a collectible in the wallet.

5. Next, we can include the NFT in the marketplace by clicking Edit, which will take us to a page where we choose the token we want to receive as payment.    

As a conclusion, it is quite simple to mint NFTs, the steps we have detailed in this guide are a brief summary of the process most used by all markets. So if you want to mint NFTs just follow the steps in this guide!