Industry Perspectives

Industry Perspectives

Readers, writers and publishers—while connected by their shared passion for books—have distinct needs from a solution. Fableration addresses them each as follows:

The Publisher

From a publisher’s perspective, taking a book to market is a high-risk endeavour. This is because a publisher must invest in polishing a manuscript into its final form as a book, launch a wholesale marketing effort, and invest in a print run. And all this happens without any certainty that the book will succeed in the market. As a direct consequence, for every success there are countless failures, and these eat into the profitability of the business. In other words, the profits from the books that sell in high numbers offset the losses from the rest.

What publishers need is a more cost-effective and lower risk path to market, and a longer lifespan for each book. eBooks should be a ready-made tool to solve this problem, but the way they have been designed and used means they simply replicate the existing challenges faced by physical books.

Fableration’s unique AI-led discovery means that good books will find an audience without the need for investment in marketing. And our focus on the digital reading experience will increase the popularity of eBooks and improve their market penetration. The end result will be that publishers can afford to take a chance on a wider range of manuscripts and help uncover emerging talent. Our message to publishers is as follows: Publish smarter. Lose the risk, not the potential. This is everyone’s renaissance.

The Reader

Today’s algorithms focus on what makes the most money for their corporate owner, not on the quality of the book or what readers would really like to read. These same algorithms confine our thinking and manipulate our ability to form perspectives. They suck us into a maelstrom of doomscrolling that drowns all but the strongest swimmers.

Fableration changes this with a game-changing AI search function and an innovative process to drive organic discovery. Together, they will shine a light on work that would otherwise be condemned to darkness. Why? Because every great read begins with discovery.

Fableration allows readers to cut through the fog and break free from manipulative algorithms and mindless scrolling. It protects their perspectives and allows them to find and consume the knowledge or entertainment they seek, without losing the ease of digital convenience. Fableration gives readers access without overload and allows them to see what they want to see. It is truly a breath of fresh AIr.

Fableration also recognises when readers may have been hitting the socials a bit hard. It offers a friendly suggestion that that they might want to break away from doomscrolling and read a book! They may well want to carry on scrolling - but at least they will have made a conscious decision to do so. And that’s important, because it is their time, and they should spend it their way.

The Writer

As the primary motive for publishing books is to earn profit, publishers tend to chase the market. They look for manuscripts that match what they believe is a proven formula or a trending genre, and push them out to an audience. Most writers have at some stage been asked to make changes to their manuscript to reflect someone else’s view of the market. At Fableration, we want writers to write the story they want to write, not constrain their creativity. We want to free the world from same and give readers more choice and more content.

The odds are stacked against any wannabee author. But Fableration asks why there should be any talk of odds at all. Odds are a symbol of luck or chance. On Fableration, finding an audience is a science not a lottery. We can’t force readers to buy books that others haven’t enjoyed reading, but we can at least give readers a chance to make up their own minds.

Fableration’s renaissance takes us back to the tried and tested human way of sharing knowledge through communities. The platform creates authentic connections between writers and readers, and these are the key to impact, audience and success.

The Web3 Audience

Until now, blockchain has been the domain of FinTech and cryptocurrencies. It has been at the edge of tomorrow, unravelling centuries of centralised banking problems. But blockchain is so much more than banking. It is the tool to take power from the few and return it to the many.

In terms of publishing, blockchain has the ability to bring readers and writers together in a community that works for mutual benefit. As such, Fableration is a not-for-profit platform that reinvests its excess revenue into emerging authors and bringing audiences to new work, rather than syphoning profits away from the industry. And being open source, Fableration brings the opportunity for its own community to move the platform forward and adopt—or not—new features that have been developed by other members of the community. Fableration is blockchain of the people, by the people, for the people.

Fableration brings Web3 energy to an industry that has long been dominated by opaque systems that concentrate profits at the point of sale and leave creators undervalued. With transparency, equity, and community at its core, Fableration empowers writers, fosters discovery, and ensures value flows more fairly to those who create.