At first, I don’t like to read books because I’m not a fan of it. My mom would want me to read Goosebumps series every time she borrows a book from the public library every week. More than a decade has passed, I joined a network marketing company and one of my sponsors urged me to read personality finance books like Rich Dad Poor Dad. Since it is a “requirement”, I decided to read it. As I’ve gone through the first few chapters, I started to gain interest in his book until I finished everything and learned. To cut the long story short, I now have almost 50 paperback books in my shelf and was reading them from time to time.
The point of this is that it’s still useful for us to read books in today’s generation. However, as technology rises, most of us are just spending a lot of time doing social media instead of reading books.
Most of us are just using our mobile phones and tablets to browse on their social media feeds to check out their stories, moments, videos and so on. Not only that, they are interacting with each other based on their interests. It means that they are spending most of their time on being unproductive due to these outdated platforms that we've seen in the internet today. For book lovers, it seems that these outdated platforms are not good enough for them to get connected and share ideas with their fellow readers and authors.
Not only the book lovers have this kind of issue, but the authors as well. For the authors, they seem to have a problem in getting reviews and feedback in real time. Another problem is that the authors don't have the full rights of their publication. You know why? It is because the publisher itself acts like a middleman.
When an author tries to submit his or her masterpiece, the publisher has the control of their rights and can do whatever they want to maintain their good reputation to the public. Because of their position as intermediaries to most book publications, they are earning high commission in the publication process with minimal threat.
They're creating a barrier for the authors, readers, critics and service providers to prohibit communication between the authors and service providers. On top of that, they're holding the legal and monetary power of the books coming from the authors.Even if the author chooses to publish it by himself or herself, it may cost a lot of money. They're also leaving the market just to earn enough wage in other industries rather than fully focused on their passion.
This old-school system of the middlemen has been around for decades until now. However, there's still hope for all of us.
It is now possible for authors, critics, service providers and readers to connect and share ideas with one another through the power of the Ethereum blockchain technology. Thus, it finally eliminates the barriers where the publishers (a.k.a. middlemen) are taking control for most of the time in the book industry. It is time to cut the middleman out!
Without further ado, I would like to talk about a promising project for authors, critics and book lovers known as Gilgamesh platform. If you want to know the real purpose of Gilgamesh platform, you might want to take a few minutes in watching the video below and understand something about it.
Now that you have watched the video about Gilgamesh platform, it seems that you’ve understand the project concept a bit. However, that’s just the purpose. If you continue reading the rest of my blog post, you could finally understand everything about this one of a kind platform.
Here are some important reasons why you should need to take a look at the Gilgamesh Platform seriously:
1. It connects authors, critics, service providers and readers in one platform
When it comes to the Gilgamesh Platform, it is simply a social network for books. It's a knowledge-based platform where the readers, authors, critics and service providers can connect with each other rather than getting through the publisher. It is an opportunity for authors to showcase their masterpiece to the readers and critics directly through its decentralized social network platform for book lovers. Not only that, book lovers are sharing their own ideas with others for the author to gather some to be included in his or her upcoming book.
2 - Say goodbye to the middleman
Of course, this platform is not meant for publishers to take advantage of the authors' masterpieces. Gilgamesh platform eliminates the publishers in this game, as it gives authors the opportunity to acquire services from various self-publishing service providers within this amazing platform. My friend who is an author of an internet marketing-related book had his struggles when it comes to self-publishing due to high startup costs. If I will introduce him to this platform, I bet he would be planning to publish another book with the help of the Gilgamesh platform.
3 - An opportunity for authors and service providers to earn a fair wage for their services and sales
If they want to turn their passion into profit, this platform itself is a great opportunity for both authors and service providers. Instead of making a living in other industries, the authors now have a chance to earn fair income from their book sales in this wonderful platform. The service providers are composed of editors, designers, distributors, marketers and printing services who are helping the authors in making a difference by rendering their services to them.
If you want to check out their website, just go here: https://GilgameshPlatform.com
The purpose of Gilgamesh token (GIL)
Just like what most ICOs are doing, the Gilgamesh platform will be introducing their own ERC20 token known as the GIL Token. It is not just a standard utility token like the other ones, it is something that you have never seen before. There's a great purpose in using GIL tokens once and for all. By using the Gilgamesh social app, it is now possible for all of us to engage with each other in the book industry, and it's newbie-friendly as well.
To know more about the purpose of these GIL tokens, here are they:
* It can be used to buy books, eBooks and audiobooks within the Gilgamesh platform
When readers are getting interested to buy books within the platform, all they have to do is purchase them using GIL tokens. At the same time, the authors are earning GIL tokens from their book sales rather than the publisher who was eliminated in this platform.
* Authors earn GIL tokens by receiving high-ranking reviews within the platform
In the traditional system, authors are finding it hard to receive ratings and feedback from various users around the world in real-time with no incentive at all. However, with the Gilgamesh platform, it gives them the opportunity of earning additional GIL tokens for receiving high-ranking reviews from users within the platform on top of their book sales. On top of that, the authors can use their GIL tokens for self-publishing services to various service providers.
* Service providers will pay a percentage of their sales to the platform
As the authors are earning GIL tokens from their books, eBooks and audiobooks as well as high-ranking reviews from the users, it gives them the opportunity to buy various services from the service providers themselves (designers, book distributors, printing services, editors and marketers). At the same time, these service providers will pay a portion of their income to Gilgamesh for using this amazing knowledge-based platform.
* Token holders and the Gilgamesh community can propose and vote new features and implementations
Last, but not the least, is that token holders and the community (especially those who have bought GIL tokens during the preICO and main crowdsale) have the opportunity to vote and propose some features that needs to be implemented through the Gilgamesh voting DAPP. In that way, it will help improve the Gilgamesh platform in many months and years to come before competition emerges.
If you want to see the Gilgamesh social media app in action, you can watch the video by clicking here.
Meet the Gilgamesh Platform team
I have been in various ICOs since last year, and I know these guys are working hard all day and night just to make their project successful. However, this ICO is something that I have never seen before and it's been incredible to me as a book lover.
Without further ado, I would like to introduce you to the ones behind this incredible and amazing Gilgamesh Platform:
Mahdi Pedram - Founder and Software Architect
Atefe Mosayebi - Software Engineer & Project Manager
Ali Rasekh - Director of Operations & Security Manager
Mo Vahedi - Product Manager & Solution Delivery Lead
Mohammad Amoozegar - Blockchain Data Analyst
And here are the team advisors:
Nathan Christian - Blockchain & ICO Advisor
Kumar Gaurav - Blockchain & Business Advisor
With their combined years of experience in this industry, I certainly believe that Gilgamesh Platform will become one of the most successful projects up to date, especially those who are book lovers. They are very passionate in making a difference to the Gilgamesh Platform, and there is no doubt that they are on the right track and on their way to become successful in many months and years to come.
About the Gilgamesh Platform ICO
Right now, you still have more than 3 days left to participate in the Gilgamesh Platform ICO. To be honest, I am highly impressed with their ICO. It is because of their project concept towards book enthusiasts and dedicated authors, I honestly think they will have enough ETH to raise before or during the end of their crowdsale. No doubt about it and I believe they will be on the right track and may stick to their plans after the crowdsale.
The Gilgamesh Platform token sale will last 70 days or until hard cap of 12,500 ETH (approximately $60 million). Of course, like in any other initial coin offerings out there, all token buyers must fill out and pass the KYC (Know Your Customer) verification for them to receive their GIL tokens to their Ether wallet address (not from exchanges such as Coinbase, etc.).
You can take a look at their entire ICO stats:
Symbol: GIL
Platform: Ethereum (ERC20 smart contract)
Total number of tokens for sale: 18 million GIL tokens
Start Date: January 23, 2018
End Date: March 23, 2018
Accepted deposits: ETH
Hard cap: 12,500 ETH (approximately $60 million)
KYC: Yes
Rate: 1 ETH = 1200 GIL tokens
Minimum deposit: 0.1 ETH
Here's the Gilgamesh Platform token summary for all to see:
Revenue usage
* 65% goes to the employees which are composed of product managers, developers, etc.
* 16% goes to the operations
* 13% goes to the marketing
* 6% goes to the legal
Allocation of the GIL tokens
* 30% goes to the platform users of Gilgamesh
* 25% goes to the token sale
* 20% to be retained by Gilgamesh
* 20% goes to the founding team
* 5% goes to the advisors and early contributors
If you have bought tokens during the first week of their crowdsale, you'll gain additional 27% additional GIL tokens on top of your purchase. The weekly bonus will reduce by 3% every week until the final week of the main crowdsale. Now we're just a day away from the end of the crowdsale, you still have time to buy GIL tokens, but there will be no more bonus additional tokens to be given away.
There are some restrictions too when it comes to participating in the Gilgamesh Platform crowdsale. The good news is that if you are a resident of the United States, China or South Korea, you can participate in the ICO. For other territories with restrictive cryptocurrency regulation, you are not allowed to participate in the crowdsale. When it comes to the legal part, GIL tokens are not categorized as securities. These utility tokens are non-refundable, and there's no guarantee when it comes to holding future value as the cryptocurrency market is unpredictable. It is also advised that these utility tokens are not going to be used for the purpose of investing in various opportunities or so.
My honest thoughts about the Gilgamesh Platform
I honestly think that the Gilgamesh Platform is something that I need in the long run. One of my dreams is to become an author, probably in the self-help niche because I like to motivate and inspire people. However, I realized about the truth when it comes for me to publish a book. It is not good for me that all of my hardwork will be taken advantage by the publishers and took most of my revenue and rights. I understand how it feels, because I know most authors of various books, eBooks and audiobooks are feeling the same way too.
I know that the publishers are working smart by becoming middlemen and earn more while doing less. However, I just feel that it is not fair for us as authors, and there's no way we can communicate directly with the readers, critics and self-publishing services worldwide.
As the Gilgamesh Platform comes into play, I can see that there's hope. There's no more need for a middleman to take advantage of everything we have, especially by spending a lot of time to write our book. Not only that, it gives us the opportunity to connect with each other directly and share out of the box ideas before creating a book. I feel that I really need to be part of this as I'm a book lover and my dream to be an author is alive once again.
As what I've seen in their roadmap, the mission is crystal clear in the long run and I'm highly impressed with their goal. I would like to thank the entire Gilgamesh Platform team to make this possible, not just for me, but for the rest of us in the book industry. While we still have time left in the crowdsale, I highly recommend that you guys should participate and invest with Gilgamesh Platform. There's no question that Gilgamesh would be one of the most successful ICOs of 2018, and will get even bigger in the long run.
To your future success, Gilgamesh Platform!
Official website: https://www.gilgameshplatform.com/
Whitepaper: https://static.gilgameshplatform.com/pdf/whitepaper.pdf
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=254229