Book publishing & NFT
The main goal of a publishing company is publishing books. So this is also our purpose.
However DREAM3D comes with an original and (probably) unique concept and combines book publishing with NFT art.
We know that that when authors sign a contract with a publishing company, they have to wait a long time before they get any money. The royalties are not that high. And to be honest, there are a lot of costs to be paid before a book is printed. So we can't offer you a golden contract neither.
Here comes the original part. We think that authors are also artists. Many authors have artwork with their books or design these to have some visuals. We can help you making them and also converting them into NFT's.
We then can launch an NFT collection before the release of a book and sell them. People and fans can then buy them and actually own something from the author allready. We can even link rewards to them.
The NFT sales are in fact a crowd funding to cover costs. All the money from the sales will directly being used to cover the costs of the book or book series.
Because publishing companies can only start paying the author royalties when all costs are covered (or very little before), this sollution can in succesfull situations mean that authors might make money from the moment the book is being sold.
NFT explained
Royalties on NFT
If someone buys an NFT, they can sell it to someone else at any moment. In this case, the profit that is made goes to the seller.
However, in this situation, 5% of the selling price goes back to DREAM3D. As long as there are still costs attached to the linked book, this 5% will be used to fund the project.
Once all costs are covered, the author will start earning from NFT transactions. From that moment onwards, DREAM3D will also share in the earnings, so more dreams can become books!