What Is Editions (Editions)?
Editions (Editions) is a cryptocurrency built on the XRP Ledger that is being developed by Red Paper Kite, a boutique independent publishing company of children's picture books. The project aims to create a curated NFT marketplace, digital publishing studio, and reading space for picture books on the XRP Ledger. The token will be used for community voting to determine which creators get to publish their NFTs on the marketplace, for creators to get paid from the reading platform via web monetization, and for staking purposes. Editions aims to become the first publisher of illustrated books on the XRP Ledger, offering picture books, comics, and gaming manuals as NFTs.
Who Are the Founders of Editions?
The founders of Editions are Sandra van Doorn, Edward van Doorn, and Tushar Pardhe. Sandra is an award-winning illustrator of children's picture books and the founder of Red Paper Kite, an independent publishing company of children's picture books. Edward is the CEO at Orange Edge with experience in project evaluation, private equity, and blockchain development. He is also a non-executive Director at Red Paper Kite publishing. Tushar is a senior software engineer at Bharti Airtel with expertise in JS/REACTJS, C/C++, XRP LEDGER, and Web3.js.
What Makes Editions Unique?
Editions is unique in that it is the first publisher of illustrated books on the XRP Ledger. The project aims to create a curated NFT marketplace, digital publishing studio, and reading space for picture books on the XRPL. The tokens serve the purpose of allowing the community to vote for new creators to publish their NFTs on the marketplace, pay creators from the reading platform via web monetization, and for staking purposes. Additionally, the project is linked to an actual publishing business called Red Paper Kite, which gives the token a real-world application and potential for adoption.
Tokenomics
The token used by Editions is called "editions" and has the currency code "EDITIONS". According to the self-assessment provided, the token will serve several purposes, such as:
- Voting for new creators to publish their NFTs on the NFT marketplace.
- Paying creators for their work through the reading platform via web monetization.
- Staking purposes.
The total supply of editions is not mentioned in the self-assessment, but it states that the tokens will be created as required by the platform. The distribution model is also not mentioned, but the self-assessment states that the tokens will be distributed to the community as necessary. It is not clear if there will be any token burns or if there will be any inflationary or deflationary measures in place.
What purpose does Editions (Editions) serve?
Editions serves as the native token of a curated NFT marketplace, digital publishing studio, and reading space for picture books on the XRPL. The token is used to vote for new creators to publish their NFTs on the marketplace, to pay creators for their work on the reading platform via web monetization, and for staking purposes. The platform aims to provide a unique space for creators to launch their own picture books and for readers to access and enjoy them online.
