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Saturday, October 16, 2021
Home News Publica Building New eCommerce Platform for the Publishing Ecosystem - Token Sale...

Publica Building New eCommerce Platform for the Publishing Ecosystem – Token Sale Coming Soon

Publica is building a new ecommerce platform for the publishing ecosystem using the Ethereum Blockchain and smart contracts.

Marc Kenigsberg, founder of BitcoinChaser, also announced his role as Publica’s advisor.

“Blockchain will go down in history as one of the most disruptive technologies of all time,” said Kenigsberg. “Publica’s vision to unite it with printing and the internet, two of humanity’s most disruptive inventions, is brilliant and perfectly timed for this revolution in human history. The Publica platform is going to enable a lot of positive change for many people around the world.”

Publica’s ereader apps, for all common platforms, will do double-duty as digital wallets to make their adoption easy and transparent for the public. The platform is designed to bring the Blockchain revolution to how books are funded, made, publicized, discovered, bought, and read.

Publica will work with Ethereum, standards bodies, and other authorities to extend the Blockchain into publishing. Publica will also support Blockchains in the long tail of publishing derivatives such as movie scripts, games, merchandise, audio books, and periodicals, with the requisite legal frameworks.

Publica’s CEO Josef Marc said:

“The publishing ecosystem is really a global economy of ecommerce unto itself. Book projects are like startups. They can start small and they can grow into sustainable businesses. Entrepreneurial business models and ideas will become the new norm.”

The Ethereum Blockchain plays three roles on the platform, supporting READ, RIGHTS, and PBL tokens. When a book is funded, whether by crowd pre-sales or institutions or by any other means, Publica will write the terms in smart contracts called Book ICO’s. READ tokens are one of the two keys in a public-key / private-key decryption system for reading a book’s digital editions.

When a book’s contents are extended to derivative rights, Publica will write their terms in smart contracts called RIGHTS ICO’s. “We’ll do our best to help the Blockchains get ready for RIGHTS tokens,” said Publica’s CTO Yuri Pimenov.

Publica will issue one billion tokens called PBL, or Pebbles, in an October ICO. According to Marc:

“The publishing economy needs its own digital money because it’s a very long-tail business. Book projects and their contracts outlive people, as do copyrights. Project funds don’t need daily exchanges with local fiat currencies. They’re ‘work money’ with long-running balances. The gig economy and sharing economy are global and they should come into the publishing economy. No local currency should pose a barrier to entry.”

Pebbles will be invisible to the general public. Coin and token exchanges make it simple to present ecommerce in any denomination. Pebbles will be the medium of exchange within the platform’s smart contracts for goods and services. “Publishing’s ecommerce needs mega payments, micropayments, and every size in between. Pebbles are better suited for it than BTC, ETH, READ and RIGHTS tokens, or dollars for that matter,” said Publica’s COO Antons Sapriko.

Publica’s development team is Scandiweb. Their Ethereum ICO experience includes projects with Element Group. As a leading Magento developer, their ecommerce experience includes Walmart, The New York Times, Land Rover, Jaguar and many other leading names.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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