First NFT books by NY Times bestselling author sell out in 45 seconds on Book.io
DALLAS, 25 October 2022 /PRNewswire/ — Joseph Nassisa New York Times, USA Today, and Der Spiegel bestselling author of more than fifty books, sold 2,746 NFT books on Book.io in 45 seconds. The sale took place on Thursday 20 Octoberwith the function title the heretic, the first book in Nassise’s Templar Chronicle series. The average price per book was approx $18 USD. In the first three days since the sale, the total secondary market volume for the title is about to surpass 20,000 USDwith offers for the rarest books above $2K. With NFT books, the author and publisher receive royalties for each book that is resold in perpetuity.
“Working with them has been a highlight of my career.” – Joseph Nassis
Book.io, which recently announced investments from Ingram Content Group and BDMI, is the leading platform for NFT eBooks. “We knew this sale would be big, but this exceeded our expectations. Joseph is our first best-selling author to publish his book on our platform, and it’s not hard to see that the demand for digital collectibles and NFT books is going to be a huge industry,” said Joshua StoneCEO of Book.io.
Nassis was equally positive about the partnership and the sale. “In my twenty years in the publishing industry, I have never met a team more dedicated to the author-publisher relationship,” he said. “Being able to offer truly unique digital books to readers was a joy. As Book.io continues to grow and expand, I hope to be there alongside them well into the future. Working with them has been a highlight of my career. “
The changes Book.io envisions start at a fundamental level. “We believe that readers should own their digital books, not just license them as they do from centralized retailers. Blockchain has unlocked the promise of the internet – that we can own and resell the digital goods we buy,” Mr Stone said. “We are working hard to scale up the Book.io platform so that the world’s 1.1 billion digital readers can enjoy digital ownership.”
Book.io builds an e-book and audiobook marketplace, mobile reading apps and a self-service portal for publishers and authors. They are in discussions with various international publishers.
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SOURCE Book.io, Inc.
