Jointly-owned Copyrights

This is interesting: Several startups believe that web3 technologies will upend how authors make a living—and how we define who owns a story.

What if you could own a stake in Harry Potter?


What if the book series functioned like a publicly traded company where individuals could “buy stock” in it, and as the franchise grows, those “stocks” become more valuable? If this were the case, someone who purchased just three percent of Harry Potter back when there was only one book would be a billionaire now.


Just imagine how that would affect the reading experience. Suddenly a trip to Barnes & Noble becomes an investment opportunity. Early readers could spot “the next big thing” and make a $100 contribution that becomes $10,000 or even $100,000 if the book’s popularity grows. If readers could own a percentage of the franchise, they might then be incentivized to help that book succeed. They could start a TikTok account to promote the book via BookTok, or use their talents as filmmakers to adapt it to the screen. All of this stands to increase the value of their original investment.

Esquire: The Crypto Revolution Wants to Reimagine Books

Also, here’s a Bad Robot! video of the day:

Countdown

We threw a farewell party for Mina last night and invited her classmates and their families. She’s been going to school with some of them since they were two or three years old, so it was sad… Yet, she is ready to go off on her adventure. We take off in just over 10 days… The next week will be finishing work and school for us, and getting stuff ready to go.

When we got back home last night from the party, it was nearly midnight and starting to rain, and somebody rang our doorbell. It was a Grab (food delivery) rider who stopped to say he had seen a huge snake slithering into our neighbor’s yard (our neighbor doesn’t have a doorbell or a door accessible from the front street). The driver said maybe it was a boa, as thick around as his arm! I messaged our neighbor about it and went looking for it this morning, but didn’t see anything… I was kind of bummed because I’ve always wanted to see a wild boa here.