About Booknet:
Booknet is a popular literary social media network,
self-publishing platform, and Bookscription eBook sales model, all of which is
being introduced to the UK following rapid growth in Latin America and Eastern
Europe since 2015.
How it works:
FOR AUTHORS: Booknet is both a successful literary self-publishing
platform and a social network, founded by Ukrainian entrepreneurs in 2015.
Booknet has gained significant traction in countries such as Ukraine, Russia
(the Russian division was sold in the spring of 2022 because of the war between
Ukraine and Russia), as well as Latin America. The company is now actively
investing resources into the development of its English-language version.
Authors can either publish their books with free access by readers, or sell
them after obtaining commercial status through the platform. Booknet provides
free advertising for eBooks sold by their authors on the platform.
Booknet’s distinctive features (apart from being a popular platform for the sale of completed eBooks) is its unique book-selling model – Bookscription - that enables authors to earn money while writing, long before their books are completed. During the process, authors can get feedback about their books (some of the books collect thousands of reader comments), as well as communicate with the readers in author’s blogs. Over time, the authors build their own readership and network within Booknet.com.
FOR READERS: Booknet works as a novel and fun way for fans of eBooks to discover and engage with authors, read books in genres they love, and be part of a literary social network. Readers can choose to read free books, books that have been completed, or via Bookscription.
About the Booknet team:
There are 29 members of the team globally, with the Head Office located
in Larnaca, Cyprus, and office in Kyiv, Ukraine, where the majority of staff
worked until early 2022. The team is now working in different cities across
Ukraine and Europe due to the war.
