ATS simply means authorship tokens that was based from Ethereum Technology that is why an Ethereum wallet is needed whenever you join their bounty reward of 75ATS plus another 10ATS when sharing via twitter and facebook.
For authorship.com they are trying to raise a minimum of $500K to a max of $15M as shown from sample screenshot below. Click Image to view its full size.
So authors will try to upload their work in the platform before distributed to readers and at the same time have the option to have it published, wherein this is the stage where interested publishers will join the platform and get interactions with authors were both will be automatically given their shares from sales.
Translators? Since not everyone are convenient reading books in English this will open up to interested translators who will be willing to convert to different languages to benefit more readers and of course they also take part of the pie from the sales.
With this, authors will no longer have a problem to where they publish their work so to make it short authorship.com will try to compete with Kindle Publishing by Amazon wherein authors/publishers are given percentage of the sales.
You may also try to check it out from their whitepaper (here). So for those who doesn't know it yet they are giving bounty or simply FREE tokens (75 ATS) which almost worth of $10.
So how do you get your free 75 ATS worth $10? Sign up for free by clicking this link (here).
As an update to this most members did not received their token and they have broken their promises, I even read one promoter claimed on the top list or leader board of most tokens did not received his tokens.
So many reactions and angry members can be read at authorship Facebook page.
Good luck collecting your free tokens before ICO ends Sept. 14th
ReplyDeleteAuthorship (ATS) is a platform that will leverage the Ethereum blockchain to provide a new operating model for the book industry. Authorship seeks to close the gap between authors readers publishers and translators creating a platform where all the referred intervenients can share their content. The ATS Token will have several functionalities. For example token holders will be able to buy books or even receive a monthly basis reward (for authors / translators).
ReplyDeletePeople just need to see Authorship actual price to understand that Authorship is a successful project: https://coinmarketcap.com/currencies/authorship/#charts
Authorship (ATS) is a platform that will leverage the Ethereum blockchain to provide a new operating model for the book industry. Authorship seeks to close the gap between authors readers publishers and translators creating a platform where all the referred intervenients can share their content. The ATS Token will have several functionalities. For example token holders will be able to buy books or even receive a monthly basis reward (for authors / translators).
ReplyDeletePeople just need to see Authorship actual price to understand that Authorship is a successful project: https://coinmarketcap.com/currencies/authorship/#charts