How Authors Can Monetize Books with the HYFI Blockchain
If you are an author or publisher looking to make more money from your books, then this is for you.
This post explains how to monetize books by tokenizing them on the HYFI Blockchain.
1. Background
As you know, books earn revenue through Copyright Licenses.
A copyright license is a legal agreement that allows specific use or monetization of a copyrighted work.
The copyright holder grants a license to a licensee, permitting the use of the book's content within the specified terms & conditions of the license.
Example: An author can license the right to print and distribute the book physically, to create an e-book version, or to adapt it into other media such as movies, audiobooks, or even video games.
These licenses can be sold or licensed separately, allowing different parties to hold rights to various aspects of the book.
This system creates a flexible and efficient way to manage and monetize a book's associated rights.
2. Book Copyright Licenses
Here's a list of Copyright Licenses for Books that authors and publishers can monetize:
- 1. Print Publishing Rights
- 2. E-book Rights
- 3. Audiobook Rights
- 4. Adaptation Rights
- 5. Translation Rights
- 6. Merchandising Rights
- 7. Educational Rights
- 8. Digital Distribution Rights
- 9. Graphic Novel Rights
- 10. Interactive Media Rights
- 11. Sequel Rights
- 12. Online Streaming Rights
- 13. Syndication Rights
- 14. Compilation Rights
- 15. Broadcast Rights
- 16. Theatrical Rights
- 17. Virtual Reality Rights
3. Tokenizing Book Copyright Licenses
Tokenizing your Book's Copyright Licenses on the HYFI Blockchain has a ton of benefits:
- 1. Global Market Reach
- 2. Automated Royalty Distribution
- 3. Fractional Ownership Opportunities
- 4. Enhanced Liquidity in Literary Markets
- 5. Transparent Transaction History
- 6. Direct Engagement Between Authors and Readers / Investors
- 7. Diverse Investment Portfolio
- 8. Real-Time Earnings Insight
- 9. Streamlined Legal Processes
For details, contact Team HYFI
Email: team@hyfiblockchain.comWhatsApp: +1(951)389-4927
Pricing Plans
Silver Plan
Market Value Assessment |
Token Dev (HYFI) |
Listing on HYFI Marketplace |
Gold Plan
Market Value Assessment |
Token Dev (HYFI) |
Listing on HYFI Marketplace |
Promotion on HYFI Socials |
Whitepaper Development |
Live AMA with Author |
Earn 20% of Tx Fees |
Platinum Plan
Market Value Assessment |
Token Dev (HYFI) |
Listing on HYFI Marketplace |
Promotion on HYFI Socials |
Whitepaper Development |
Live AMA with Author |
Earn 50% of Tx Fees |
wToken on Polygon |
Listing on Exchanges2 |
Post-Sale Management |
Secondary Market Facilitation |