Think of a smart contract like a job contract or a service agreement—but instead of being written on paper and needing a company or lawyer to enforce it, it's written in code and runs automatically.
For authors on our platform, we create smart contracts automatically during the publication process. As soon as you finish setting up your book—choosing the number of copies, setting the price, defining reselling rules, and uploading your content—hitting “Publish” generates a smart contract. It’s the author who decides how the book will be sold.
This smart contract ensures that:
- When a reader buys your book, the contract automatically collects the payment and sends your earnings directly to you.
- If the book is resold, you automatically receive a percentage of the resale price—set by you during the initial publication.
Unlike traditional contracts, smart contracts don’t require banks, accountants, or approval processes. Everything is pre-programmed and happens instantly.
If you have any questions — feel free to contact us.