Tokenized books
- the future of reading
🔸Own books as NFTs
🔸Create books with generative AI
🔸Invest in tokenized book rights
🔸Play with Read To Earn
#NFTCommmunity
#GenAI
#RWA
#GameFi
See FAQ for more information:
Happy Monday to all!
For today’s writer’s motivation exercise, we want you to describe your current WIP in one short phrase.
We’ll start with ours: Read Books, Play Games.
What’s yours? We'll be liking & commenting on all who participate.
#writerslift
#writersoftwitter
Some of us bookworms can swallow doorstoppers (we’re looking at you, A Song of Ice and Fire” & The Wheel of Time) like they were casual magazines.
But there’s one book you’d probably struggle to read in record time.
The longest ever written: A la recherche du temps perdu by
Get exposure and interact with your readers
🔸Sell finished books
🔸Get an author site
🔸Sell bundles, collections and subscriptions
🔸Interact with fans
🔸Share/sell extra material
🔸Share work in progress
#bookstore
#fandom
Tokenized books-the future of reading
Legerly will publish what people want to read,
by connecting authors, readers, investors and gamers
and making it profitable for them all.
A quick motivational exercise for spicing up your story 🔥🔥🔥:
Take two characters from different stories or genres and swap them. 🕳️⛳️
Imagine how each character would navigate the other's world. 🌍
What challenges would they face, and how would their personalities shine
Did you know? "The Epic of Gilgamesh" is believed to be the first book ever written, dating back to 2100 BCE! 🌟
That's where the "Older than Gilgamesh" trope comes from.
#WritingCommunity
#writerslift
#writersoftwitter
Friday writerly fact:
Alice’s Adventures in Wonderland was blocked in China by the Governor of Hunan.
Why?
Not politics. Not even religion. Something funnier. 😅
#WritingCommunity
#writerslift
#writersoftwitter
On a day like today, African American novelist Alice Walker was born.
In 1982, she became the first African American woman to win the Pulitzer Prize for Fiction.
It was awarded for her novel “The Color Purple”.
#WritingCommunity
#writersoftwitter
#writerslife
Ever heard of the tsundoku? 🧐 1/2
This Japanese word describes someone who buys more books than they’ll be able to read in their lifetime.
It's basically the stack of books you’ve purchased but haven’t read.
#WritingCommunity
#writerslife
#readerscommunity
Writerly fact of the day:
While we’ve spoken about best-selling novels, we’ve never revealed who’s the best-selling novelist (hint: these two aren’t the same).
Agatha Christie is the best-selling novelist of all time.
Christie’s novels have sold more than two billion copies
The "1001 Nights," also known as "Arabian Nights," is a renowned collection of Middle Eastern and South Asian folk tales, including stories like Aladdin, Ali Baba, and Sinbad... or perhaps not.
Turns out that these three tales, the most famous of the collection, weren't in its
Tokenization
Our goal is to procure rare physical books and book rights for popular titles, subsequently tokenizing them to enable widespread investment. This will expand the potential for a larger number of investors to participate in a previously inaccessible market.
Enable ownership
In today's society, ownership is diminishing as subscriptions become more prevalent. While you may have access to numerous items at a low monthly cost, once the subscription ends, everything is lost.
#ownyourbooks
#BookCollectibles
Make it easier for authors.
We understand that the publishing journey can be lengthy and challenging. Our goal is to simplify the entire process for authors so that they can focus on what they are best at - creating.
Tokenization
We understand the demand for an improved marketplace for tokenized books. Our user-centric platform simplifies the process of acquiring distinctive non-fungible assets for investors.
#nfts
#nftcollectors
What was the most expensive book ever purchased?
This one was the Codex Leicester, bought by Bill Gates in 1994 for $30.8 million, equivalent to around $54.5 million in 2021.
The Codex Leicester was da Vinci’s science diary, created in 1510. It features his drawings and
Invest in tokenized real-world assets
🔸Invest in tokenized fractions of rights for well-known books
🔸Invest in tokenized fractions of rare physical books
#RWA
#Tokenization
“Strange to see how a good dinner and feasting reconciles everybody.”
If you’ve ever felt hangry, then you probably agree with this quote from Samuel Pepys FRS. 😁
And no, this is not an AI image. This portrait was done by John Hayls, in 1666.
#WritingCommmunity
#Writer
Ask Legerly:
What are NFTs For Authors?
🔸Think of NFTs like unique trading cards. Just like how trading cards can have different rarity levels and unique designs, NFTs can have different levels of rarity and unique digital artwork.
#NFTs
#digitalartwork
Remember when we said that Miguel de Cervantes’ Don Quixote was the best-selling novel of all time?
Well, time for a reality check: Cervantes barely made any money with it, despite it selling more than 500 million copies.
Copyright laws are at fault here.
#WritingCommunity
Legerly glossary: Smart contract
It’s proactive, as when the conditions written in the code are met, it automatically triggers actions. Also, since it’s based on Blockchain technology, its terms cannot be changed later on by any of the involved parties.
#SmartContract
Ask Legerly:
Can I Sell My Existing Books On Legerly?
🔸Yes, you can sell both your published and unpublished titles on Legerly’s marketplace. All you’ll need to do is publish them through Legerly’s Publication Tool, and once approved, it will be available for sale
#bookstore
Ask Legerly:
Is Legerly A Crowdfunding Platform?
🔸We’ll allow Legerly Authors to get crowdfunding for their literary projects, where investors can contribute funds to their campaign in exchange for tokenized book rights.
#crowdfunding
#tokenization
Tuesday Writerly Fact:
Today would-be Bob Marley’s 79th birthday (woo, almost 80!).
While not a fiction author, he wrote many great reggae songs and poignant quotes that remain in pop culture today.
Here’s a thread of some of the best ones:
#writersoftwitter
Get time for inspiration
Our platform provides funding opportunities, professional services, and AI tools to help authors refine their craft and connect with their audience.
Once you have your characters, they tell you what to write, you don’t tell them.
Let's delve into the remarkable life and literary legacy of Alan Furst, the master of historical spy novels.
Born in 1941, Furst captivated readers with his gripping narratives set against the
Let's be honest: Web3 terms are so tech-bro-sounding that they come off as boring or pretentious.
That's why we explained all of them pretending we were in a fantasy world of wizards and magical scrolls in our latest blog post:
#writerscommunity
#web3
We've said it before, and we'll keep saying it until the end of times: smart contracts are the unsung heroes of Blockchain, Web3, and NFTs.
Here's how they can change up the traditional book publishing industry:
#NFT
#NFTCommunity
#Web3
Legerly glossary: Tokens
Tokens are a fundamental component of Blockchain technology and all that is Web3, so you’ll probably hear of this term used in many Web3 contexts.
#Tokens
Ask Legerly:
What is "Read To Earn"?
🔸Legerly users can participate in quizzes based on the contents of the books they read. These may reward them with tokens, which will be useful later.
#Quiz
#PlayToEarn
If we were to summarize these three stories in one short phrase, it'd be:
Ali Baba: Master of the secret password, 'Open Sesame'! 🔓
Aladdin: Genie's best friend with a lamp for rent! 🧞♂️
Sinbad: The original 'Frequent Flyer' of high seas adventures! 🌊✈️"
But we recommend
Did you know that Icelandic people read more than anyone?
With a staggering 93% reading more than one book a year, that's the highest proportion among all the Nordic countries.
#WritingCommunity
#writerslift
#writersoftwitter
We've spoken a lot about
#Web3
and book
#NFTSALES
but how much do these two actually benefit authors?
In our next post, we do a deep dive to find out what Web3 actually offers authors that Web2 does not.
Read more:
#WritingCommunity
#writersoftwitter
Crowdfunding
We strive to introduce fresh avenues for generating revenue to investors. When an author chooses to sell the rights to a book, you, as an investor, should have the opportunity to purchase it.
#crowdfunding
#royalty
Ask Legerly:
Is Legerly an AI tool?
🔸Legerly will implement customized AI tools to help empower Legerly Authors, but the project proper is not an AI tool.
#GenAI
#generativeart
Inspiration exists, but it has to find you working!
Here are some tips for finding it faster:
1) Set 30 minutes daily for writing.
2) Set the mood with a classical music playlist
3) Turn off your phone and other notifications to concentrate.
#writerscommunity
#WritingCommmunity
With an estimated 9,609,000 characters (FYI: each letter counts as one character, and spaces also counted as one character each).
Its English translation is “Remembrance of Things Past”.
Ever heard of it before? 👀
#WritingCommmunity
#writersoftwitter
Legerly glossary: Staking
Instead of selling your book, you decide to let readers borrow it for a while. They “stake” a small amount, like a deposit, to express their interest.
In return for staking your book, readers get some benefits. Perhaps they earn “interest” in the form
Try to be very specific with AI prompts to get a good result
"Reword the following text to ensure that the main idea or thesis is well-defined. Assume a 10th grade reading level, a casual blog writer audience, and a communicative intention of informing:"
#GenerativeAI
#EDITING
Legerly glossary: Smart contract
Behold the real-life physical contract, a parchment written with rules and conditions of an agreement. Now, set your gaze upon the smart contract, its more advanced counterpart, not bound by ink and parchment but by the very code that dances
"The great advantage of having a bear as a central character is that he can combine the innocence of a child with the sophistication of an adult."
This was Thomas Michael Bond on his Paddington Bear character.
#WritingCommunity
#writerslift
#writersoftwitter
Legerly glossary: NFT
NFTs are a treasure trove that some deem with skepticism, while others view as magical artifacts. At their core, they are a unique piece of data, a shimmering gem in the digital tapestry, resistant to replication.
#NFTs
Calling all Lovecraft aficionados!
If you've read Lovecraft, you probably know that the Necronomicon is a common element in his stories.
But turns out that there's a real-life Necronomicon even hardcore Lovecraft fans don't know about.
#WritingCommunity
#writers
Norton is noted as one of the biggest influencers of the science fiction and fantasy genre, especially aimed to young adults.
Fun fact: while she mainly wrote through her pen name Andre Norton, she also used Andrew North and Allen Weston.
#WritingCommunity
#writersoftwitter
It is difficult to AI generate long-form content without having to edit large batches of it just to make it bearable for mortal eyes.
But what if you used a pre-generated prompt already proven to work for other writers?
Sign up to Legerly's waitlist.
#GenerativeAI
Worldbuilding
With AI, you can streamline your research process to study the most important tenets of the culture and society.
You can also use AI to outright generate comparisons with your world and whichever civilization you want to create.
#ai
#research
AI can be your worst enemy or a wacky, at times brilliant, writing intern who you can bounce ideas with from time to time. While it will not write your novel on its own, it can help power through those hard bits that take a lot of our creative time. Coming up with outlines hasn’t
When it comes to editing, nothing will ever beat the accuracy and practicality of a human editor, so all of your writing content should always pass by a competent editor, when possible.
But of course, you’d want your content to be as self-edited and polished as you can make it
Traditional publishing has been going on strong for quite a while, but we all know how much of a hassle it is to publish your own book. Be it searching for literary agents
#selfpublishing
#literaryagents
Legerly glossary: DAO
As with everything Web3, DAO activities are recorded on the magical tome that is Blockchain. Whenever the DAO makes a decision, it’s permanently etched in the magical record.
The objective? To create fair and trestles governance, so that decisions are made
Why should anyone invest in book NFTs or Web3 in 2024?
Seems like something risky, except that NFTs are on the rise again, and looks like books as tokenized assets will be picking up steam soon.
Here's our analysis on why you should invest in them:
Play
Unlike repetitive Play To Earn games, our platform offers a captivating and enriching way to earn tokens while broadening your literary horizons.
#playtoearn
#GameFi
Did you know that Cinderella's iconic glass slippers were originally made out of fur?
In the original version of the fairy tale, Cinderella's slippers were crafted from fur, not glass.
#writerscommunity
#writing
#writers
Buy tokenized books and own them
🔸Build a library
🔸Connect with the authors
🔸Get access to extra material
🔸Connect with other readers
#ownyourbooks
#BookCollectibles
Legerly glossary: Decentralized Finance (DeFi)
Imagine a world where financial decisions aren’t controlled by a big, mysterious bank but are instead managed by a community of individuals, like a financial potluck where everyone brings something to the table. That’s the essence
Invest and make a difference
🔸Invest in book projects and amplify the voices of underrepresented authors by giving their stories the attention they deserve.
#investing
#Tokenization
#crowdfunding
AI works by using a method called deep learning. Through deep learning, the software is trained on vast amounts text data from the internet
#deeplearning
Ever wondered why author names weren't printed on the covers of early books? It's because the covers of the first printed books were true works of art.
They were adorned with intricate drawings, leather, and even gold, leaving no space for the author's name.
#WritingCommunity
Legerly glossary: DAO
You’ll see DAO thrown everywhere in Web3, and a quick web search will reveal that this acronym means “Decentralized Autonomous Organization”, but that just muddles the meaning even more.
If we were in a fantasy novel, a DAO would be a magical council where
We’ve seen a lot of NFT art skyrocket in popularity throughout the past two years: films turned into NFTs, entire albums of songs made into NFTs, NFT fashion & clothing that you can wear in the Metaverse.
However, the role of the literary industry in Web3 has been considerably
Cormac McCarthy, one of America's most celebrated and enigmatic authors, has left an indelible mark on literature with his distinctive style and haunting narratives.
Born on July 20, 1933, in Providence, Rhode Island, McCarthy's career spans over six decades, during which he
Legerly glossary: Tokens
Imagine, if you will, a sigil imbued with the power of ownership, a symbol that transcends the physical and the ethereal alike, representing ownership of an asset.
#Tokens
What’s a bestseller?
Duh, it's a best-selling book.
Well, not exactly. At least not everywhere.
A best-selling book on Amazon could sell just 13 copies but be considered as such due to how it was categorized in the back-end.
1/3
#writersoftwitter
#writerscommunity
Legerly glossary: NFT
While many writers might see NFTs as scammy or environmentally unfriendly, not all of them are designed to be like this. An NFT is a non-fungible token, essentially a unique piece of data that cannot be replicated.
#NFTs
Every story deserves to be heard
We’re committed to amplifying the voices of underrepresented authors by giving their stories the attention they deserve.
#WritingCommunity
#storytelling
Ask Legerly:
Is Legerly a Cryptocurrency Project?
🔸Yes, Legerly is a cryptocurrency project. We’ll integrate payments both in crypto and in fiat for our services.
🔸You will be able to buy governance token
#cryptocurrency
#cryptoinvesting
Fiction writers are puzzled about how to properly use AI tools to increase their productivity. Many find the tools repetitive, soulless, and unable to provide anything meaningful to their creative endeavors.
#GenerativeAI
#genart