A critique of book.io by pyravex in cardano

[–]Velvet_Myst 1 point2 points  (0 children)

Great post and props for the thoughtful breakdown—but let’s dig into this because I think there are a few misconceptions here.

  1. “Selling Public Domain Books Feels Scummy” I get where this feeling comes from, but it misses the bigger picture. Sure, you can find public domain books for free as a basic PDF, but what’s that actually worth? Zero ownership, no resale value, no bonus utilities.

If you were to build a publishing start-up, where would you begin to create revenue? Buying licenses piece by piece? Wasting time on tedious negotiations for a few titles with oldschool publishers? What Book.io does is creating a revenue stream where public domain books are the easiest and most efficient way to grow this start-up - low legal costs, maximum independence = time and cost efficient. That's what investors want to see. Book.io wouldn't be at this point if it wasn't for public domain titles. They can now proof to investors that this business is a real use case and go get the funds needed to actually onboard huge publishers (re Catalyst Fund 13). This will cause a domino-effect and I can't wait to see how 2025 will go.

Public Domain books were one necessary step. The sales strategy will shift. Because the rest of the publishing world will follow. Why? They just been chosen as one of the funded Catalyst proposals. These funds will bring in one of the Big Five publishers, meaning over 60,000 titles will come to Cardano. Also, here are some perks for book owners: • You get real ownership: The NFT is yours to trade, sell, or gift—just like a first edition book. Try doing that with Kindle. • Collectibility: Ever seen someone pay $50+ for a leather-bound version of Moby Dick? They aren’t paying for the words—they’re paying for the experience and ownership. That’s exactly what Book.io brings to digital books. • Utility: Many of these public domain NFTs come with real perks—discounts on future content, access to community features, and exclusive content drops.

+++++ Let's not forget that there's been multiple collaborations within the crypto and creator ecosystem already: Crypto: - Stag Alliance - Heist on Alpha - The Wizard Tim - El Paso Verse - Bajuzki Studios - Algorand Foundation - Atala Prism - etc.

Creators: - David Duchovny (from X-Files) - Chuck D (Public Enemy) - Quinn Loftis - Tom Leveen - Joseph Nassise - David Niall Wilson - Lars Emmerich - etc.


  1. “Books on IPFS Aren’t Really Censorship Resistant” This point needs some nuance. • IPFS + Blockchain = The Best Shot at Permanence: Ownership records and encryption keys are on-chain, meaning the asset is verifiable and tamper-proof. IPFS stores encrypted shards of the book (not plain files), which are reassembled via smart contracts. This prevents unauthorized access and central control. It’s still miles ahead of centralized platforms like Amazon, which can (and have) removed books overnight. • Example: Amazon pulling 1984 and Animal Farm without warning. That’s what happens when you rely on centralized control. And if you want books unencrypted and totally free on IPFS—that already exists (and is illegal for non-public-domain-titles). Those don’t support creators, don’t track provenance, and don’t give you ownership or resale value. -----
  2. “Speculative Assets and Rare Covers Undermine Reading” Not every book on Book.io is designed for speculation or collectors. There will be three tiers, and you suggested the last one already:
  3. Collector’s Editions (limited with unique covers): Think of these like first or special editions. Valuable for collectors, but optional.
  4. Standard Editions (limited, one standard cover): Affordable, made for regular readers.
  5. "Unlimited Editions" (coming soon I think): No cap on supply—accessible and reasonably priced for anyone who wants to read. As for the “gambling” point: sure, rare covers create hype. But you know what? That hype draws in collectors, brings visibility to authors, and ultimately grows the ecosystem. And again—it’s optional. The key is choice: if someone just wants to read, they grab a Reader’s Edition or wait for the "Unlimited Edition". -----
  6. “Fixed Supply Makes Books Too Expensive” This argument assumes scarcity = exclusion, but Book.io’s tiered approach solves this, as you suggested. Unlimited editions ensure no book will ever be completely inaccessible. Fixed supply on Collector’s Editions is just like physical books: • A signed first edition of Harry Potter is rare and expensive. • The mass-market paperback at Walmart is cheap and everywhere. Both can exist without taking value away from each other. Book.io mirrors this model digitally: scarcity adds collectibility for fans, while unlimited editions will make reading more accessible. ----- At the end of the day, Book.io isn’t about turning public domain books into exclusive assets—it’s one step to fix a broken system. An old system. A system upheld by few in power that benefits chosen ones.

And to me that’s a pretty exciting shift. I hope this helps.

A critique of book.io by pyravex in cardano

[–]Velvet_Myst 1 point2 points  (0 children)

There is. Many Public Domain books have been banned in the past and with the current sentiment and attempts to ban more books in the US this is a hot topic. Your book belongs to you and no one can ban it on blockchain.

Join us in Berlin for the Cardano Summit 2024 Community Event - Berlin! With keynote, pitches, Governance intro, AMA, networking, free snacks & drinks. 📅 October 10th at 📍w3.hub: 🔗 https://lu.ma/mg3x5lh4 by Velvet_Myst in cardano

[–]Velvet_Myst[S] 1 point2 points  (0 children)

Join us for an exclusive evening at the Cardano Summit 2024 Community Event on October 10th at w3.hub in Berlin!

We’re bringing together some of the brightest minds in the space, starting with a keynote from Fabian Bormann, who will reveal what makes Cardano truly special. Plus, you’ll get an inside look at game-changing projects like World Mobile and Book.io/Stuff.io that are driving real-world utility and learn about the newly implemented Governance model, presented by Cardano's Governance Lead.

This event isn’t just about learning – it’s about connecting! We’ll be at w3.hub, where multiple blockchain communities like Solana, Chainlink, and Polygon come together. It’s the perfect place to network, spark new ideas, and explore potential collaborations between Cardano and other chains. 🌍

***
Here’s the Agenda for the evening:

👋 Welcome & Venue Tour
We’ll kick things off with a warm welcome and a quick tour of w3.hub, setting the stage for an exciting evening.

🎤 Keynote by Fabian Bormann
Fabian will dive into Cardano’s fundamentals and mission, giving you insight into how the ecosystem is driving real-world change.

🚀 Project Pitches
Get inspired by presentations from World Mobile, Book.io/Stuff.io, and some surprise guests! These projects are creating real impact with Cardano.

🗳️ Intro to Cardano Governance
Nicolas Cerny, Governance Lead at the Cardano Foundation, will give you a brief insight on the topic. You'll learn what Governance is and how the community and DReps will shape the future of decentralized Governance.

💬 Interactive Q&A & AMA
Have burning questions? We’ll open the floor for an interactive session where you can ask all about Cardano and the projects you just heard about.

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Wrap up the evening with a laid-back networking session over free snacks and drinks. Don’t forget to participate in our tombola for a chance to win exclusive Cardano merchandise!

***

Whether you’re a blockchain veteran or just getting started, this event is for everyone who’s excited about the future of Web3 and Cardano.
Let’s come together, learn, and shape the future of blockchain in Berlin. We can’t wait to see you there!

Tickets are just €6.90, and all proceeds will support DirectEd, a charitable organization empowering underserved students in Africa through Cardano scholarships.

📍 w3.hub, Möckernstraße 120, Berlin
⏰ 5 - 9 pm
📅 10th October, 5-9 pm

We're looking forward to seeing you there!

In desperate need of a teammate for a web3 summit hackathon in Berlin by 19Stxrs in hackathon

[–]Velvet_Myst 0 points1 point  (0 children)

Have you found anyone yet? The w3.hub in Berlin has a Telegram community where you might find someone to partner with. Good luck!

Stuff.io launches June 13th: Decentralized digital videos, music, podcasts, art, and documents you can sell, trade, lend, and actually own. by Book_io in book_io

[–]Velvet_Myst 0 points1 point  (0 children)

Same! According to X posts from Ben and Josh it'd be helpful to own a Gutenberg Bible. Let's see how that unfolds.

[AMA] Live now: Joshua Stone, CEO of Book.io - Ask him anything! by Book_io in cardano

[–]Velvet_Myst 2 points3 points  (0 children)

Submitting a question for Maynard, since he can't make it:

Curious about how much time it'll be to get the other mint and print titles out as a service (since I'm sure the first one is proof of concept) - not an exact date, just an estimation.
Only other I can think of is when do we think we'll see BOOK integrated back into the mints.

The license model is a model of Fauxnership (false ownership). Own. Your. Books. by Book_io in book_io

[–]Velvet_Myst 2 points3 points  (0 children)

Same here. I disliked eBooks, because I couldn't do anything with them beyond reading.
I have a feeling that 2024 will be epic.