Publica​ ​To​ ​Use​ ​Ethereum​ ​Blockchain​ ​For​ ​New​ ​Publishing Ecommerce​ ​Platform

​Publica is building a new ecommerce platform for the publishing​ ​ecosystem​ ​using​ ​the​ ​Ethereum​ ​blockchain​ ​and​ ​smart​ ​contracts.

Marc Kenigsberg, founder of BitcoinChaser, also announced his role as Publica’s advisor. “Blockchain will go down in history as one of the most disruptive technologies of all time,” said Kenigsberg. “Publica’s vision to unite it with printing and the internet, two of humanity’s most disruptive inventions, is brilliant and perfectly timed for this revolution in human history. The Publica platform is going to enable a lot of positive change for many​ ​people​ ​around​ ​the​ ​world.”

Publica’s ereader apps, for all common platforms, will do double-duty as digital wallets to make their adoption easy and transparent for the public. The platform is designed to bring the blockchain revolution to how books are funded, made, publicized, discovered, bought,​ ​and​ ​read.

Publica will work with Ethereum, standards bodies, and other authorities to extend the blockchain into publishing. Publica will also support blockchains in the long tail of publishing derivatives such as movie scripts, games, merchandise, audio books, and periodicals,​ ​with​ ​the​ ​requisite​ ​legal​ ​frameworks.
Publica’s CEO Josef Marc said “The publishing ecosystem is really a global economy of ecommerce unto itself. Book projects are like startups. They can start small and they can grow into sustainable businesses. Entrepreneurial business models and ideas will become​ ​the​ ​new​ ​norm.”

​The Ethereum blockchain plays three roles on the platform, supporting READ, RIGHTS, and PBL tokens. When a book is funded, whether by crowd pre-sales or institutions or by any other means, Publica will write the terms in smart contracts called Book ICO’s.

READ tokens are one of the two keys in a public-key / private-key decryption system for reading​ ​a​ ​book’s​ ​digital​ ​editions.

When a book’s contents are extended to derivative rights, Publica will write their terms in smart contracts called RIGHTS ICO’s. “We’ll do our best to help the blockchains get ready​ ​for​ ​RIGHTS​ ​tokens,”​ ​said​ ​Publica’s​ ​CTO​ ​Yuri​ ​Pimenov.

Publica will issue one billion tokens called PBL, or Pebbles, in an October ICO. According to Marc, “The publishing economy needs its own digital money because it’s a very long-tail business. Book projects and their contracts outlive people, as do copyrights. Project funds don’t need daily exchanges with local fiat currencies. They’re ‘work money’ with long-running balances. The gig economy and sharing economy are global and they should come into the publishing economy. No local currency should pose​ ​a​ ​barrier​ ​to​ ​entry.”

Pebbles will be invisible to the general public. Coin and token exchanges make it simple to present ecommerce in any denomination. Pebbles will be the medium of exchange within the platform’s smart contracts for goods and services. “Publishing’s ecommerce needs mega payments, micropayments, and every size in between. Pebbles are better suited for it than BTC, ETH, READ and RIGHTS tokens, or dollars for that matter,” said Publica’s​ ​COO​ ​Antons​ ​Sapriko.

​Publica’s development team is Scandiweb. Their Ethereum ICO experience includes projects with Element Group. As a leading Magento developer, their ecommerce experience includes Walmart, The New York Times, Land Rover, Jaguar and many other leading​ ​names.

Team​ ​Leadership

Josef Marc, CEO leads the Publica team. He has helped for many multimillion companies to reach healthy success – his first technology job was in a startup that was acquired by Sony to form its broadcast systems integration company in what the media calls an acquihire today. Antons Sapirko, COO is responsible for operational management in Publica. His experience leading Scandiweb from a local agency to becoming the largest ecommerce services provider on the Magento platform will help Publica take care of business. Yuri Pimenov, CTO is a longtime contributor to the blockchain community with his blog and his Russian translation of the seminal book „Mastering Blockchain“ by Andreas Antonopoulos. Before Publica, he was the CTO of a leading​ ​Bitcoin​ ​exchange.

Our pre-sale already started on 19th of October but public ICO will start on 01.11.2017 and will last till 01.12.2017

According to the latest information from Publica the date of presale is extended and will last to 31.10.2017. Crowdsale will start on 01.11.2017 and will last through 01.12.2017. The decision to change crowdsale dates was made in light of the announcements of two upcoming Bitcoin forks. Publica’s CEO Josef Marc commented: “We understand that today might not be the best day for many people to trade their Bitcoin or Ether. We’re happy we can accommodate our community needs.”

Publica Sources

Learn​ ​more​ ​about​ ​Publica​ ​at​ ​-​ ​https://publica.io
Publica​ ​Community​ ​:​ ​https://community.publica.io
Blog:​ ​https://medium.com/publicaio
Bitcointalk​ ​ANN​ ​:​ ​https://bitcointalk.org/index.php?topic=2079885.0
Facebook​ ​:​ ​https://www.facebook.com/OfficialPublica
Twitter​ ​:​https://twitter.com/PublicaIO
Reddit​ ​:​ ​https://www.reddit.com/r/publicaio/