Blockchain, NFT and Publishing Industry
This field is changing because of new technologies
The PAGE Network is an online content theme park platform based on NFTs. The PAGE platform has three main goals. The first is to solve the distribution of illegal copies of IP content with NFT technology. Secondly, it will enable the direct exchange of content between content producers, consumers, and investors. Finally, it aims to establish a decentralized platform through a reward ecosystem based on a transparent settlement system.
Welcome to the PAGE Network!
Authors in the traditional publishing industry are using NFTs to develop domains and engage their target markets. Breaking away from the system of the existing publishing industry, many writers are making various attempts. This suggests that the publishing industry is actually moving away from traditional methods. Please refer to the following for more details.
Changes in the publishing industry
To make it easier to explain the changes in the publishing industry, let’s take an example. The book publishing titan Pearson lately revealed strategies to make use of NFTs to track electronic book sales to catch income shed on the additional market.
Also, Time Magazine, founded 99 years ago, actually added NFTs to develop new sources of income. Time magazine head Keith Grossman said:
“Web3 can evolve one’s brand in a world where individuals are moving from online renters to online owners, and privacy is beginning to move from platforms to the individual.”
Other kinds of markets in the publishing industry are starting to use NFTs to advance their brands. For example, 300-year-old Dutch publisher Royal Joh Enschede has entered the Web3 space by offering customers an NFT system for “crypto stamps”. Gelmer Leibbrandt, CEO of Royal Joh Enschede, said CryptoPumpNews’ shipping stamp and philately globe is really standard, keeping in mind that the NFT symbol will certainly enable growth.
Although Web3 has the prospective to change the publishing industry by enabling numerous markets to get to and engage with brand-new target markets, the influence stays doubtful. For circumstances, it’s been kept in mind that there is still an absence of quality amongst authors concerning just how blockchain can and must be utilized.
In conclusion, the important point suggests that NFT can be used together in the publishing industry as well. Although we do not know exactly how the publishing industry will change in the future. It would be good to watch with the perspective that development can be achieved through grafting with new technology various changes.
What about PAGE Network?
The page network will also lead the vitalization of content by utilizing blockchain technology based on the publishing industry. Through IP such as novels and fairy tales, which are the basis of various contents, it will develop according to the changing atmosphere of the publishing industry. Through an online content theme park platform based on NFT assets, we are building a theme park where users can enjoy various contents and interact with each other.
