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Author Topic: *First* Book/Novel funded by Bitcoin!  (Read 848 times)
aahzmundus
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June 29, 2011, 03:45:50 AM
 #1

First and foremost, I don't know if this is a first, so if you can point me to something like this that came before let me know and I will change the subject.

My wife is an aspiring author who, now freshely out of college, would like to write a novel.  She has multiple projects in different stages of development but nothing serious yet.  For this project she would be choosing a completely undeveloped story idea and attempt to fund the progress of getting this idea into a full book completely through bitcoin by tapping into and furthering the bitcoin community.

The idea is that we would accept straight up donations at first to get rolling, we would use those initial funds to buy a webserver and maybe a .bit domain.  From there we would start getting things organized and really have a central place for this project.  From there we would "pre-release" chapters for a small fee to raise money.  One idea is to have a members area for people getting the chapters for them to vote on the direction the story takes at some points.

Later on in the process we would like to hire an editor, with bitcoins... and then fianlly convince a publisher to accept bitcoin (maybe lulu?)

What I am looking for here is firstly to gauge interest in this, secondly I am looking for ideas and or suggestions on how to implement this.

My wife writes mostly fantasy, for a samples of some of her writing you can look at her deviant art profile, specifically her book in progress Elemental.
Her profile: http://kyrashangea.deviantart.com
Chapter one of Elemental: http://kyrashangea.deviantart.com/gallery/?catpath=/&offset=120#/d10yhdv

If you would like to donate with just this information, please do!  But after some developments and suggestions from this post, we hope to come out with more information and a more developed idea.


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June 29, 2011, 03:54:32 AM
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Good luck!

Bitcoin combines money, the wrongest thing in the world, with software, the easiest thing in the world to get wrong.
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June 29, 2011, 04:03:01 AM
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maybe you would be able to get funding by setting it up as a stock, on glbse: http://www.glbse.com
aahzmundus
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June 29, 2011, 04:06:25 AM
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maybe you would be able to get funding by setting it up as a stock, on glbse: http://www.glbse.com

Thank you for the tip! I remember looking at glbse when it opened up but it was a little rough and I could not get the client to work. Looks like there were some decent updates.  I will check it out for sure!

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June 29, 2011, 06:13:31 AM
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I hope you do manage to blaze a trail at this, I think quite a lot of people have tried to finance novels by means of the internet, even before Bitcoin came along... me too, see for example The Wyvern Street Irregulars and The Widdershins Piecrust which at the time the linked Wayback Machine snapshot was taken was just a short-short story but which has since developed into just the first snippet of a novel whose working title is Tales of D'ydii.

I have not given up but it definitely seems that part of the whole starving artist routine is in fact the part about starving. My latest approach to financing my novelwriting entirely by means of bitcoins is to use other means to obtain bitcoins then use them to live on while getting back to my writing.

Even fancying up the presentation into kind of graphic novel or playable-storyboard form by using Battle for Wesnoth to present timelines / storylines hasn't turned out to be particularly effective either, though possibly it might yet end up being more effective in the long run than plain old text. But that remains to be seen.

Product placement hasn't worked particularly well either, at least not yet. Giving Wesnoth, Freeciv, Bitcoin etc the spotlight in novels, stories, playable storyboards etc has thus far not incited much interest among fans of the prominently placed virtual products. Sigh.

I should get back to making sure Bitcoin gets lots of prominent mention in all these various means of telling and representing stories but oops I got sidetracked by techie things like setting up mining rigs.

So many people here do begging if only in their forum sigs that one cannot help wondering if maybe they do so because it works.

There seem to be a lot of capitalist variants here too though so maybe some kind of actual business-plan might be a good idea. I am a little dubious personally though of "come pay us 20 bitcoins to assign a tag to your project/company/shares" because, like, well, gee, if one actually had 20 bitcoins how much paper and ink, or keystrokes and disk space, might that buy, directly moving the project forward instead of passing the buck^H^H^H^HBitcoin on to some other project entirely?

I actually originally set out to fund the development of GPL'd software, much of the putting of fiction online stuff was more an attempt to use the fiction to bring in funds to finance software development than a direct attempt to finance the fiction itself, as what I initially transcribed into textfiles had already been written.

Ultimately it seems to come down more to financing one's own time/living than financing some specific thing one ends up spending one's time doing.

If you can come up with a gameplan that works, you might make more money publishing the gameplan itself in clickbank or some similar venue than from the fiction itself, there being so very many people out there hoping to find a way to scrounge up some funds by means of their writing...

So make it work! And keep notes of how that is done! Smiley

-MarkM-

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aahzmundus
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June 29, 2011, 03:30:53 PM
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Thank you for your insight!  I hope to have something resembling a business plan soon after letting the idea and plan develop out her for a while.

Currently we do both need money, but we wont be putting all our income needs onto this project... although we do hope for it to take off.

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