ANTHENAEUM
It’s time to re-frame the 'page’.
Literature has an originals problem. The art market is built on trading originals, but the literary market is built on trading prints.
That’s because literature does not identify or trade its original text.
ANTHENAEUM will utilise NFTs and the blockchain to create a market for trading the original text of novels and other literary work - unlocking net new revenue from the global books/art/collectibles market.
Some figures:
The global art market is valued at $61.5 billion, and currently $2.6 billion in art NFTs and growing. The global book market is valued at $138.35 billion, with $26 million already captured by literary NFTs.
In 2021, Arch Hades sold the world's most expensive poem as an NFT at Christie's in New York, the sale totaled $525,000. While this is not indicative of all sales, it demonstrates that positioning literature as fine art and giving it provenance, allows it to accrue value in the way art does when split into originals and prints.
We expect to have an Annual Recurring Revenue of $100m within 10 years, providing ‘Blockchain-as-a-service’ to existing publishers, as well as developing an in-house literary press that re-imagines that a book ‘is’ and can be.
We're looking for investors in the Web3 space to join us on this journey and help us re-frame the page forever.
To get in touch and receive our full investors pack, enquire below.