About NFTBS
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Frequently Asked Questions
What Is NFTBooks (NFTBS)?
Read MoreNFTBooks is an NFT project concerning ebooks, books, magazines and articles, aiming to help people read a book at a fraction of the cost without spending time searching for pirated books. NFTBooks wants to achieve this transformation by following four main guiding principles:
- It builds a model that brings value to readers at very low costs.
- It aims to create a highly scalable platform that is easily accessible for all book lovers.
- It will distribute a fair share of the value to each user.
- It will encourage competition between authors and book owners to foster growth.
The project’s ecosystem consists of five parties: author, lessor, reader/borrower, investor and translator. With this scheme, the project tries to overhaul the current status of the book and publishing industries. Instead of readers relying on the availability of pirated books, they will have access to them through the ecosystem of NFTBooks, thereby benefiting themselves and authors alike.
In the future, NFTBooks plans to offer an improved marketplace, merchandise store and scale its audience to 1,000,000 token holders. Furthermore, it aims to build a system to facilitate borrowing books from lessors and build a voting mechanism to review books.
Who Are the Founders of NFTBooks?
Read MoreNFTBooks lists a team of eight behind the project, most of whom are based in Australia and partially public. One of the project’s co-founders is Chau Nguyen, a crypto and blockchain enthusiast living in Australia.
The project is being advised by Allan Nguyen, an experienced Sydney-based financial accountant with business planning and risk management skills.
What Makes NFTBooks Unique?
Read MoreNFTBooks promises to enable readers to read books at a tiny cost and authors to generate passive income over time.
One of the five parties in the NFTBooks ecosystem is authors, who can become their own publishers through NFTBooks and reduce costs. Their published books cannot be censored, and commissions go directly to the pocket of the authors.
How Many NFTBooks (NFTBS) Coins Are There in Circulation?
Read MoreNFTBS is the project’s utility token, a rebase token with an automatic transaction tax of 2% on every buy or sell transaction. This tax is redistributed back to existing token holders. The total supply of NFTBS is 100 quadrillion, with over 45,000 holders at the time of writing.
How Is the NFTBooks Network Secured?
Read MoreNFTBS is a BEP-20 token on the Binance Smart Chain. BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible.
Where Can You Buy NFTBooks (NFTBS)?
Read MoreNFTBS is available on PancakeSwap.
What is the all-time high price of NFTBooks (NFTBS)?
Read MoreThe all-time high of NFTBS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of NFTBooks (NFTBS) is 0. The current price of NFTBS is down 0% from its all-time high.
How much NFTBooks (NFTBS) is there in circulation?
Read MoreAs of
, there is currently 0 NFTBS in circulation. NFTBS has a maximum supply of 0. What is the market cap of NFTBooks (NFTBS)?
Read MoreThe current market cap of NFTBS is 0. It is calculated by multiplying the current supply of NFTBS by its real-time market price of 0.000000000411.
What is the all-time low price of NFTBooks (NFTBS)?
Read MoreThe all-time low of NFTBS was 0
, from which the coin is now up 0%. The all-time low price of NFTBooks (NFTBS) is 0. The current price of NFTBS is up 0% from its all-time low. Is NFTBooks (NFTBS) a good investment?
Read MoreNFTBooks (NFTBS) has a market capitalization of $0 and is ranked #9028 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze NFTBooks (NFTBS) price trends and patterns to find the best time to purchase NFTBS.