Publica will be a platform for authors, readers, books of all kinds and the people who make them. And for smart contracts to carry all kinds of transactions and exchanges for the publishing economy.
We call our organization Publica in honor of the vocative declension of the Latin word publicum, meaning a person or thing of the people. Derived from populus, people. In some languages like Spanish and Urdu publica means the act of publishing. In others like Arabic it’s more evocative of a republic or democracy versus a king or caliphate.
In English it’s the beginning of publication and in Russian it means the people.
When the lines blur between publishers large and small, authors and self-publishers, readers and crowdfunders, artists and scholars, teachers and students, and everyone else interested in books and what becomes of them, of the people emerges as a final immutable line of distinction.
So we are Publica.
Do you believe that?
Publica will fuel an ecosystem of the third parties necessary to publish and promote high-quality and high-value books--editors, cover artists, illustrators, marketers and so on. By backing their ecommerce transactions on the blockchain Publica will bring trust and liquidity to the ecosystem. Peer-to-peer.
To ignite the ecosystem, Publica is a platform for authors to offer their own token launches for their new books (crowdfunding). Each token sold in a book's token launch represents READ access to the book in an e-reader. Authors will be able to set their own advance payments for their books negotiated with their fans and institutional backers. They’ll retain creative and financial freedom while having the means to remain independent.
Publica will establish the legal and technical framework for the tokenization of intellectual property rights. Instead of awarding up to 90% of their royalties to a single publisher, an author can decentralize ownership, thereby attracting investors and fueling an ecosystem for the book's success.
Tokens distributed in the book ICOs (called READ tokens) should comply with a well-known token standard so they can be easily moved, traded, stored in digital wallets. READ tokens also prove ownership and grant decryption to an ebook that was bought in a Publica Book ICO. Authors will be able to choose how to distribute their tokens, at what price, in how many rounds, and in limited or unlimited numbers. Publica will keep a library of common templates for this.
PBL Initial Coin Offering (ICO)
End-to-end demonstration of Book ICO and READ token system
Inaugural book(s), ereader apps and token exchange
Services Marketplace & Community Management
Milestone number of books delivered and WIP
RIGHTS token system
Attention. There is a risk that unverified members are not actually members of the team
$11 049 209
$29 902 066
Overall, Publica aims to create a system that represents “the best parts of traditional and self-publishing, with a difference that makes both better.” The company envisions a blockchain-based platform governed by PBL tokens. Tokens are used to facilitate seamless transactions, while publishing rights and readership rights are recorded on the Ethereum blockchain using smart contracts.
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