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SLEEPY BOOKWORM

Book Worm NFTs are revolutionizing how you own and profit from literary works, allowing you to hold or trade famous titles. Dive into a new era of literary appreciation and investment.

About us

What is Sleepy Bookworm

At Book Worm, we transform literary classics and exciting new titles into NFTs, providing a unique platform for readers and investors. Here, you can own a piece of literary history and receive a share of the royalties. Our mission is to merge the richness of books with the innovative potential of blockchain technology, creating a new marketplace for literary enjoyment and economic benefit.

What is an ISBN, and how is it used in Book Worm NFTs?

An International Standard Book Number (ISBN) uniquely identifies each book published. In our Book Worm NFTs, each NFT can hold up to 10 ISBNs, representing different book titles. Sales and distribution data for these ISBNs are transparent, with companies like Nielsen publishing updates twice weekly. This transparency helps NFT holders track the performance and popularity of their owned titles.

How does royalty distribution work with Book Worm NFTs?

Royalties from book sales associated with the ISBNs in your NFT are distributed directly to you as the NFT holder. We use smart contracts to automate this process, ensuring that royalties are paid out fairly and transparently. A percentage of every book sale is converted into cryptocurrency and automatically sent to your digital wallet, proportional to your ownership.

Are Book Worm NFTs considered securities?

No, Book Worm NFTs are not considered securities. They are collectible digital assets that represent ownership of literary works and the associated royalties. While they do generate revenue, they are structured to comply with current regulations, ensuring they remain classified as digital goods rather than financial securities. This classification helps avoid complex legal implications while allowing collectors to benefit financially.

How can I track sales of books linked to my NFTs?

Sales data for books linked to your NFTs are reported transparently and updated frequently. As a holder of Book Worm NFTs, you will have access to a dashboard that displays real-time sales data, performance metrics, and royalty earnings. This data is sourced from established book sales tracking organizations and is made available to you at any time to ensure full transparency.

What happens if a book in my NFT becomes a bestseller?

If a book within your NFT becomes a bestseller, you stand to gain significantly through increased royalty distributions. As the book sells more copies, the royalties distributed to your NFT increase accordingly. This not only boosts your direct earnings but may also increase the market value of the NFT should you decide to sell it in the future.

Can I sell or trade my Book Worm NFTs?

Absolutely! You are free to sell or trade your Book Worm NFTs on various platforms that support digital assets. This allows you to capitalize on the market value of your NFTs, which can fluctuate based on the popularity and sales performance of the books they represent. Our platform supports secure transactions, ensuring that ownership transfers are smooth and verifiable.

What measures are in place to ensure the security of transactions and data?

We prioritize security and use blockchain technology to ensure that all transactions and data transfers are encrypted and immutable. Smart contracts automate transactions and record all changes in ownership, providing a secure, transparent, and tamper-proof system. Regular security audits and compliance checks help maintain high standards and protect against vulnerabilities.

ROADMAP

Bookworm Timeline

Q3 2024
  • Introduce 10 new ISBN NFTs
  • Launch author collaboration
  • Improve blockchain security
  • Gather initial user feedback
Q4 2024
  • Update NFTs with new books
  • Host first community forum
  • Enhance smart contract tech
  • Evaluate Q3 feedback
Q1 2025
  • Add requested author titles
  • Increase publisher partnerships
  • Test NFT trading features
  • Collect detailed user insights
Q2 2025
  • Release NFTs with rare books
  • Upgrade user interface & UX
  • Strengthen data encryption
  • Host live community event
Q3 2025
  • Expand library of classics
  • Integrate advanced analytics
  • Implement user suggestion box
  • Review mid-year performance
Q4 2025
  • Feature international authors
  • Optimize smart contract layers
  • Publish quarterly NFT report
  • Hold second community forum
Q1 2026
  • Launch exclusive author NFTs
  • Pilot new blockchain protocol
  • Engage with literary schools
  • Analyze user activity data
Q2 2026
  • Promote top-performing NFTs
  • Develop NFT resale market
  • Enhance interactive content
  • Solicit author feedback
Q3 2026
  • Introduce genre-specific NFTs
  • Upgrade infrastructure security
  • Organize global virtual meet
  • Publish annual performance
Q4 2026
  • Celebrate 2 years of success
  • Expand to new literary markets
  • Summarize user engagement
  • Set future development goals
How we work

BECOME OUR MEMBER

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01

Set up your wallet

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02

Buy your collection

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03

Add your NFT's

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04

Sell Your NFT's

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Our team

Other Member

Who we are

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FAQs

Looking for answers?

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What are the NFTs?

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How can we buy your NFTs?

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Who are the team behind the project?

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How much will it cost to mint?

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