Blockchain technology has the potential to revolutionize the audiobook industry by solving digital ownership issues. GalaChain aims to transform the industry with decentralized solutions and tokenization. By converting audiobooks into non-fungible tokens (NFTs), users can regain control over their purchases and lend, sell, or trade them in a more dynamic marketplace.
This method benefits both users and authors/publishers, as it encourages more purchases and generates ongoing royalties. GalaChain’s platform could further enhance this ecosystem through specialized node networks, incentivizing node operators and creating a more equitable and profitable ecosystem.
