Can Books be an NFT | Non-fungible Tokens (NFT) Explained

Can books become a non-fungible token? Based on a published author's perspective, can assets like books utilize blockchain technology to change how royalties are distributed and resales are tracked. If you're an author, you've been here before, when you've finally published a book, and all of a sudden, when you go to optimize your keywords on search, you find out that other people are re-selling your books via secondary markets, such as eBay. In this video, I explain what NFTs are from an author's perspective and how might NFTs change the game for authors and publishers.

Chapters
0:00 Intro
1:58 The horrific story of self-publishing for the first-time
3:30 Explaining royalties from first sale and resales
4:08 How might we use NFTs to fix the resale problem
4:45 Paper towns for books
6:50 JK Rowling's scavenger hunt with NFTs
8:27 Dilemma of "stealing" copies
9:25 NFTs changing intellectual property, royalty and piracy laws
9:53 How to think about smart contracts and blockchains (credits to Ali Abdaal)

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Видео Can Books be an NFT | Non-fungible Tokens (NFT) Explained канала Zoë Cayetano