ETHBOOKS BLOCKCHAIN BEST IN THE WORLD

Oktober 19, 2017

www.ethbooks.net

Introduction

In the last few months, the world of cryptocurrecies has become very exciting. Interest in cryptocurrencies has reached an all-time high as people around the globe become aware of the crypto world. Major exchanges have reported exponential growth as thousands of people flock to their platforms. When it comes to the future of money, there is a growing consensus that cryptocurrencies are set to play a major role.

Demand for quality information on cryptocurrencies has soared over the past few months. The thirst for this kind of information can be attributed to the fact that the public has never been able to put their money directly into a technology that has so much potential but is still developing. For example, a technology enthusiast in the 1990s may have foreseen the rise of the internet, but had no way to directly take a stake in the technology. The idea of applying cryptography to the storage and transmission of data is still very new. And the fact that anyone can 6 directly buy the currency that powers these cryptographically secured blockchains is much like the public actually getting a chance to invest in the internet during its infancy.

The Opportunity

On the other hand, there are enough people who got in early and who possess massive knowledge on cryptocurrencies. This is where EthBooks comes in, the world’s first crypto-centric ebook store that is anonymous and decentralized.

The platform uses blockchain technology and a personalized token (EBK) based on Ethereum’s smart contract eco-system for transactions on EthBooks. It is quite interesting that a big margin of interest in digital currencies comes from China, South Korea, Russia, Canada and the United States. Nonetheless, other countries like Australia, India and the United Kingdom are fast catching up. Cryptocurrencies are beginning to obtain a foothold and trends indicate there will be no deceleration anytime soon.

e-Book Statistics

According to Statista data on ebooks, a whooping 1.35billion ebooks were sold between 2010 to 2016 in the US alone, with 221million copies sold in 2016.

The statistic presents the number of e-books sold in the Unites States from 2010 to 2016. The sales peaked in 2013, at 242 million units sold.

Platform Features

The store will be web based as well as app based. The app will soon be freely available on Play Store, Apple Store and Windows Store.

There are also plans of introducing our very own portable EthReader that will deliver the best reading experience. More details can be found in the sections below.

EthBooks Token

The EBK token built on Ethereum’s smart contract technology is the payment method of choice on EthBooks decentralized ebook platform.

Users are free to store EBK tokens on EthBooks store for speedy purchase of content. They can also store them in any other secure wallet with private keys like MyEtherWallet, Mist, Jaxx, Exodus, Metamask, Ledger Nano S or Trezor.

EBK Crowdsale

The EBK crowdsale is scheduled to start on 18 st September and end on 20th October or when the hard cap of 42,500 ETH is reached. Whichever comes first.

A maximum of 100,000,000 EBK tokens will ever be generated. A total of 85,000,000 EBK tokens will be sold during the crowdsale. 10,000,000 of those will be kept as reserve. They will be locked up for 2 years. 5,000,000 EBK will be set aside for the bounty program, advisors and supporters. Any remaining/unsold tokens will be burned after the ICO is over.

Example: If 60,000,000 EBK are sold during the ICO, then the remaining 25,000,000 EBK will be burned.

Royalty & Monetization

Publishers will be incentivized with EBK tokens after a successful sale of an ebook. The tokens can be withdrawn to any Ether based wallet and later on traded for Bitcoin, Ethereum and other currencies on major exchanges.

EthSquad Anti-Piracy System

EthSquad is a system built by the EthBooks team to help in protecting published crypto e-books against piracy. e-Books piracy has for long been the most dreadful thing to a publisher. Our aim is to tame piracy through our unique and powerful system.

EthReader

EthReader is EthBook’s e-reading product that is currently being designed by EthBooks’ engineers and will soon start production in China. It is focused on making the reading experience much better for book fanatics around the globe.

Project Roadmap