Crypto News

Blockchain Publishers Bypass Industry Gatekeepers

Small indie book sellers are finding high-tech ways to reach readers directly.

Lost Books, a Canadian micro-publisher has just launched its debut offering, “The Lost Direction,” onto the blockchain.

Why Blockchain publishing technologies?

“The book itself,” says the publisher, “is all about passing through mysterious gates and passage-ways, and about having to find different, alternative ways to reach one’s destiny. It seemed only fitting to apply that same spirit of exploration to distribution and marketing, by encouraging a lot of different unique pathways for people to arrive at the book on their own terms.”

“As a small publisher, it doesn’t really pay to sit back and allow a few giant centralized players to dictate terms and control the market. Authors have to do everything themselves anyway, even many times after landing deals with established houses. Thanks to today’s technologies, indie micro-publishers can really experiment with what works best for them and their audience, and cut out the middle-man as much as possible.”

Lost Books is also currently experimenting with accepting crypto-currencies such as Bitcoin, Litecoin, and others using the popular Shopify platform with Coinbase Commerce powering the back end, but has not yet announced a launch date. In the meantime, readers can buy directly using fiat currency and conventional credit cards through Gumroad, which Lost Books says is one of their favorite secure direct-to-reader sales platforms for eBooks.

“For more conventional buyers,” says the publisher, “we used PublishDrive, which is an aggregator that enables micro-publishers to push their eBook out from a central hub to platforms like Amazon, Apple Books (iTunes), Barnes & Noble, Rakuten Kobo, Scribd, and eventually others, including maybe some Chinese publishing sites.”

Print editions are additionally available for the truly ‘old-fashioned’ via Lulu.com’s global print on demand distribution network.

Purchase Direct (Via Gumroad)

UPDATE: 1 May 2021

The Lost Direction is also available as a limited edition NFT book.

Canadian Author & Historian of Quatria https://lostbooks.ca

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