Fableration's Unique Selling Points

Community: Fableration brings readers, writers and publishers together in a mutually beneficial community.

Fair royalties: Thanks to smart contracts and Fableration’s status as a not-for-profit organisation, it delivers fair royalties to authors and publishers.

Access and discovery: Fableration enables discovery and provides readers with access to affordable, transformative content.

Objective quality assessment: Fableration’s scalable AI and its objective quality standard opens the gates to market for well-written manuscripts.

Protection: Fableration is both guardian and guide. It protects readers from distorted perspectives and steers them towards more valuable and balanced insights.

A reward mechanism: Writers and readers can earn and spend tokens within Fableration’s self-sustaining and creative knowledge economy.

Governance and voice: Fableration employs a decentralised governance model, where community members vote on key platform decisions. The platform remains in the control of its users.

The Fableration equinomy: This is the antidote to Brokenomics, designed to reward creators fairly, maintain the value of knowledge, and sustain a healthy, thriving publishing ecosystem where everyone benefits. In the next section, we’ll explain this further.

Fableration’s Equinomy

At Fableration, our mission is to build a connected community that democratises storytelling and makes knowledge more accessible to all. The tool to make this happen is the Fableration equinomy. A writer can take their chances by pricing a book in the traditional way—they can even seek pre-funding for a story should they wish to. But if they really want a book to move through the market, the best way is through our equinomy.

This innovative model balances scarcity and popularity to ensure a book retains value once it enters the marketplace. It is the secret to enabling authors to earn a fair reward for their work, while ensuring that the most popular books are available and accessible to the widest possible audience.

In short, if a writer chooses this path, their book is brought to market at its highest price and relies on early fans to buy the book and help spread the word. But it would be unreasonable to expect these early adopters to just buy the book at its highest price, hence the equinomy incentivises their choice, by:

1. Ensuring they are not left out of pocket when the price of the book falls. On Fableration, books are not treated as commodities; they have longer-term value. As the price falls, all who have paid above the current market value receive a refund of the difference. Nobody pays more than the current market value.

2. Allowing early adopters to earn platform rewards by helping the books move through the market. In other words, if a reader likes a book and tells their friends about it, they are rewarded.

The end result is that writers and publishers are rewarded for the time and effort they spent creating the story and have a structured path to finding an audience.

Example: Author Sue estimates that it cost her $10,000 to write her book. She opts to follow the Fableration process and brings her book to market at $50.

In order to break even, she must sell n books. After that, she continues to earn revenue from her books as the price falls.

Reader Pete is one of the first buyers. He purchases the book at $50, likes it and recommends it to his friends. By the time Sue breaks even, the book is selling for $y. Pete receives a refund of 50-y. He also receives platform rewards for helping the book move through the market.