Review on Read by francis fernandez
changing the way you read!
Technology has managed to cover many areas of our daily lives; so much so that even the way we read a book has changed.
READ is a crypto platform that uses blockchain technology to create an asset exchange market between writers and book buyers; using the READ cryptocurrency as a form of payment.
What benefits does this network bring to its users?
For writers: READ allows:
• Take control and autonomy of your own economy, allowing you to create and share your books safely on a trading platform without custody or external controls
• Link your works with readers around the world
• Save costs on high-end publishing and website subscriptions
• Earn income in a safe currency
For readers / buyers:
• Allows you to get your books quickly
• Protect your purchase by using a secure platform
• Allows you to use digital money to purchase reading works
• Offers the option of renting books on its platform
These are the main utilities that READ has for its publishers as well as for readers and book providers.
Regarding its infrastructure; READ uses the Ethereum chain to host its cryptocurrency and power its trading platform operations.
READ is an ERC-20 token that has the advantage of being compatible with important market protocols, and of using smart contracts to drive the activities of its network.
Pros
- Creates a trade free of external control
- Create a network of connected readers and writers around the world
- Allows writers to develop and share content without intermediaries
- Allows writers to take control of their own economy
- Create an asset exchange between publishers and buyers
Cons
- Unstable value of their currency
