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One year after their successfully run $4M ICO, Authorship is proud to announce their platform is ready to be launched as per their scheduled roadmap on June 1st.
Authorship aims to simplify the book publishing process by giving all the authorities to the author. When an author publishes a book at the platform, he/she enjoys all the rights and does not have to comply with the complex policies of publishers, worry about the distribution or share the major chunk of royalties with the publishing company.
All the transactions on the platform are done through the use of ATS tokens. The ATS, an ERC-20 token based on the Ethereum technology, is a unit of exchange on a new Blockchain based book publishing system. Authors are rewarded with ATS tokens in exchange to book sales, while readers are able to spend ATS tokens in order to purchase books.
Authorship is a Bancor token relay partner, meaning users can easily buy/sell ATS tokens through the Bancor portal or directly from the Authorship website thanks to the integrated exchange widget.
It can easily be said that with the aim of resolving one of the biggest challenges authors face i.e. to get their books published and distributed and to connect readers with at least 100,000 authors from all over the world, Authorship is going to drastically transform the book industry.
Authorship is all about facilitating and encouraging existing and budding authors to do what they do best. This platform will be the convenience they need to grow in terms of both wealth and profession/interest/business.
Once launched, Authorship might prove to be a revolutionary platform that facilitates and promotes the literary community across the globe.
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