A web3 digital library that pays you to read
1. There are both copyright and copyleft books in the library.
2. When you read copyleft books you receive tokens.
3. Those tokens are used to buy access to the copyrighted material.
4. Authors get to keep most/all of the money.
5. Because of access to P2P networks the costs of running this drop to almost nothing. The users run the infrastructure for the copyleft parts. The authors run it for the copyright parts. And some automation involving git in the browser pushing to GitHub and gitlab will mean authors won’t actually have any real responsibility and can move to a different provider for free.
This creates a flywheel.
1. Readers of new material pay to access books just like on Kindle, etc. Denoted in whatever currency authors choose.
2. In the background this trades dollar tokens for the “copyleft” tokens on Uniswap. Just pay gas.
3. So anyone who got paid to read copyleft books this is how they sell. Sell to the Uniswap vending machine at any time.
4. Authors receive the copyleft tokens which they can immediately sell to Uniswap.
Still working through this. This is basically the pattern I’m building for my “school that pays you to learn” but I have dialed it back to “library that pays you to read” to start.
For starters I had to refactor all technical scaling costs out and I’m pretty sure I’ve got the pattern down.
Proof of concept for the publishing platform (beta):
https://american-space-software.gitlab.io/large/
A book:
This is my personal art project. I took Alice in Wonderland and used AI to generate pictures.
NFTs give copyleft authors ways to make money that have potential to far outpace copyright for MANY books and I’m working on putting this into actual numbers.
I believe this flywheel will make copyleft far more profitable than copyright over time.
The copyleft side has some fun functionality that copyright lacks. Like a simple mechanism for OTHER authors to create fan-fiction or fan art like I did for Alice.
The content itself needs to be free from copyright to meaningfully participate in this.
The rewards for going copyleft are gonna be way more fun than copyright and that will make it easier for authors to engage with their audience and see their network grow as their audience grows. Their audience makes money WITH them. The tech allows you to identify and reward your biggest fans easily.
The incentive + library doesn’t exist yet. For now it’s just a publishing platform connected to any EVM-compatible network. But now that the basics work I am making progress super fast.
