Book.io: Revolutionizing Book Ownership with Blockchain

**Book.io: Revolutionizing Book Ownership with Blockchain**

In this article, we will explore the Book.io project, its philosophy, and how it’s setting a new standard for electronic books.

With Kindle devices, digital books have seen a surge in sales, becoming a favorite way for many readers to enjoy books of all kinds. But did you know that you don’t truly own the e-book you purchase?

The reality is that buyers don’t actually own the e-book they’ve purchased. Instead, they obtain a license to access the book’s content. This allows them to read the book, but it doesn’t grant them the rights to resell, give away, or lend the book.

The problem extends beyond e-book ownership. Often, the licensing allows publishers to even remove the book from readers’ bookshelves. These licensing imperfections affect not only books but also movies, music, gaming, and other areas.

**What Is** [**Book.io**](https://Book.io)**?**

Throughout history, we have witnessed how centralized control of information can harm societies, and centralized control of paper and electronic books is no different. Book.io saw the opportunity to leverage web3 technologies such as blockchain, decentralized storage, and NFTs to create what they call “Decentralized Encrypted Assets.”

Thanks to Book.io and blockchain technology, people can now gain true ownership of e-books they purchase via Book.io, allowing them to give away used e-books to nonprofits and libraries, lend their books to anyone, or sell their titles on a decentralized marketplace as they please.

Additionally, thanks to blockchain technology, book owners can now join exclusive book clubs based on the titles they own or collect digital limited editions, benefiting from easily verifiable authenticity and scarcity.Another benefit of using blockchain technology is that publishers, authors, and creators can open a new revenue stream, thanks to trustless royalty payments from all secondary sales.

To cover all the benefits coming from Book.io and its utilization of blockchain technology, we recommend reading the third chapter of [Book.io Whitepaper 2.0](https://book.io/wp-content/uploads/2023/06/Book.io-Whitepaper-2.0.pdf).As of October 2023, Book.io has successfully sold more than 117 titles on Cardano, Algorand, Polygon, and Ethereum blockchains.

The success of Book.io is confirmed by huge community and sold out mints, but also by the demand on the secondary market – just on Cardano, the secondary market volume is over 10 million ADA.

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Full article available on [JamOnBread blog.](https://blog.jamonbread.io/en/book-io-revolutionizing-book-ownership-with-blockchain)

by JamOnBreadIo