Blockchain, Books, and Bezos: How Publica is disrupting publishing and why Amazon should be worriedKiller or Genius?
I heard he was one of the anointed ones early on. Princeton Graduate and with a cool $300,000 loan from his dad he built Amazon. Everybody loves Amazon pretty much. And how could you not? Prime is legit. Kindle was a big deal. Auto delivery of detergent was a big deal as well.
Jeff started with books, then became a machine. Now machines run Amazon building smart factories where robots do work, while humans supervise.
So… Amazon is a big deal. Jeff is arguably even a bigger deal. What does this mean for Authors though? You know, the ones who built Amazon when he was slinging books through packages back in ‘97.
That brings us to today.. how do authors make money at Amazon? Well, it’s complicated. But Amazon self-publishers can upload their manuscript and depending on how they price their book their royalty rates can change.
A lot of authors complain about royalty rates on Amazon and their lack of options when it comes to pricing options, so we are seeing a lot of authors looking for other platforms recently.You can make the argument that Amazon has helped more authors over the past 5 years than any other platform out there, but what does the future of publishing look like?
If you have been following the huge push for decentralized platforms (DPLs) over the past few years then you would think it might be on one. What does the future of DPLs for authors look like? And how can it help authors make more money? Or have more control? It might look like Publica. Let’s see what Publica looks like.
Direct transactions, using the Ethereum network? Sounds cool.. What does that even mean though?
Ok Publica is aiming to be the next big thing? Who runs it, and is it a good time to get in? Let’s first checkout their roadmap over the next few months.
https://medium.com/@lawrencedigitalco/publica-blockchain-books-and-bezos-4850e95f6e7d
Stay tuned! 
