WCT and On-Chain Reading Club's Copyright Revenue Sharing
WCT collaborates with the On-Chain Reading Club platform to establish a copyright revenue sharing mechanism. Authors can stake WCT to publish e-books, and readers pay WCT to purchase reading rights. The revenue is distributed in the ratio of 70% to authors, 20% to the platform, and 10% to promoters, with authors of high-quality books receiving additional WCT rewards. After the platform was integrated, the volume of e-books published increased by 70%, and the reader payment rate improved by 40%. A certain author earned 5000 WCT through the platform, which is higher than the earnings from traditional publishing channels. The collaboration with the reading club allows WCT to achieve value distribution in the digital reading field, providing creators with a fairer and more efficient revenue channel while expanding the cultural consumption scenarios for the token.