I think the time has finally arrived when one can pretty safely say that e-books have finally trumped paper books as the main choice when it comes to reading. We have come a long way from 1971 when Project Gutenberg was started by Michael Hart at the University of Illinois with the aim of establishing an electronic public library of 10,000 books. Today, all devices which have an internet connection have the capability of acting as an e-book reader. This boom in the sale of e-books has proven to be aa blessing for many publishers and readers alike. This has given publishers the chance to sell their books in e-format and make money from it. This has also helped many readers as they can read any book at any time, hassle free.
Based on the same concept, EthBooks is the world's first e-book store which is dedicated exclusively to cryptocurrency topics. The EthBooks store will be both web and app based. Having seen a rise in cryptocurrency and so many cryptocurrency records broken in the last year, cryptocurrency has become a topic of discussion. Demand for quality information on cryptocurrenciesis what led to EthBooks' inception. EthBooks has various features like Search Engine, Best Sellers' Section, Top Rated Section, Editors' Picks, etc. The main payment method will be EBK token which can be bought either on EthBooks or through other token exchanges. EBK tokens are ERC20 tokens. Users are free to store these tokens on EthBooks store and use them for future purchases.
Publishers and EthBooks
The whole process is very simple and viable for the publisher. The publisher decides the price and are given 85% loyalty for each successful sale. The rest 15% goes to EthBooks. Publishers are given EBK tokens as incentives based on number of sales.
EthSquad Anti-piracy System
The best feature according to me is the EthBooks' EthSquad Anti-Piracy System. All books are scanned for piracy and watermarked before being uploaded on the system.
Future Plans
Becoming the leading e-book store online.
To make ETH Books available on leading exchanges like Poloniex and Bittrex
- EthReader:
EthBook's e-reading product currently under development.
ICO DETAILS
EBK crowdsale Start date: 18 September to 20 Octoberctober
Total Supply: 100,000,000 EBK.
Anyone can participate in the ICO with Ethereum
Soft cap: 1500 ETH
Hard cap: 42,500 ETH
Exchange rate: 1ETH=2000EBK
Conclusion
Though the idea of a dedicated e-book store to cryptocurrencies sounds fascinacting, it isn't seem feasible. There are a lot of well established e-book stores and EthBooks, which solely concentrates on cryptocurrencies is going to have a tough time out there. However, this e-book store leaves other e-book stores behind in certain areas:
Transparent : 85-15% split.
Secure : Ethsquad
Content : Top content by best publishers.
e-Reader : EthReader
EthBooks might have a tough time establishing itself but it has the potential to go a long way. Cryptocurrency enthusiasts and tech geeks will have a good time reading on EthBooks.
For more information visit : https://www.ethbooks.net/
Written By: Kishan
Bitcointalk Name: Kishan748