An increasing number of people are moving away from purchasing traditional, hard-copy books and have begun to read e-books instead. Being able to carry around a Library’s worth of reading material in your pocket is convenient and cheaper than the alternative, not to mention lighter! It is no wonder that with the upgrade of books, there are now updated options to publish and pay for books.
Pagey is in beta and gives writers the ability to upload their work onto the Pagey platform and set prices, but price per page, rather than per book. Potential readers are then able to access the content on their iOS or Android phones, which registers when a page of the work is turned and makes a bitcoin micro-transaction using blockchain technology with Blockchain.info’s API.
This means that you can access any of the books in the database as long as you have bitcoin available, wherever you are in the world, and the amount you pay will be proportional to the amount of the novel you read. A flat fee of 1% is taken each time from the amount sent to each writer, who will be the one setting the cost of reading one page of their publication. Obviously the benefits of being able to stop paying after a few chapters would be beneficial if you didn’t enjoy it; however, there could also be the potential for authors to charge more for some pages – the climax or end chapters, and there is no information yet whether this will be possible or not.
The site boasts a sleek and easy to use menu, as well as the option of creating a new bitcoin wallet for the user when they sign up for the service. Multiple genres, topics and authors are offered and a helpful support team is touted as being on board to help.