Read2N Whitepaper

8.1 Book NFT Initial Book Offering (IBO)

Authors could write/upload their literature works on our website. Authors could authorize the DAO of their literature works to have the right of governance by transferring all of their copyrights to the DAO.
Then, the DAO makes the governance NFT according to the author’s association NFT.
The first time of minting would take place on Metasset Launchpad and the author decides the details of the IBO. The amount of initially minted book NFTs is to be determined by the author but it could not exceed 5% of the total amount of the NFTs of this literature work.