Part 4: NFT Books With Bonuses

From Tom Morkes interview with Jesse Krieger, the Chief Content Officer of PowerFan.io and founder of Lifestyle Entrepreneurs Press.

Tom Morkes: What are things that we can sell as NFTs?

Jesse Krieger: Let’s start with some things specific to your business because I’m pretty familiar with what you’re up to.

So you’ve got books. One option would be to have a limited edition NFT version of one of your books. As an example, you could do 100 NFTs, numbered from 1 to 100, just like a first print run, or a rare print of art. And so let’s say there’s 100 special edition NFTs for one of your books, but it’s not just the book.

[For] whoever holds [one of them], it could unlock a training course that you have, it could unlock anything digitally delivered from audio to video, to even access to a community. And the NFT [can function as] a key, the key that unlocks all of the bonus content and associated things that you get and own as the holder of this NFT.

So you could do a special edition book, roll it out, build a royalty [from it], include a lot of valuable training, maybe even an extra chapter or two. So it’s a unique version, but then if 100 people buy it initially, Now [the 101st person] is saying, well, I want that [too]. So they’ve got to buy it from one of the first 100 [holders] and thus begins this secondary market, hopefully a very vibrant one if [there is a demand for] people that want one of those 100 limited edition NFT versions of one of your books.

(Watch the full interview here)