Wallet System FAQs

  • When a book is ordered from our online store, the payment goes through Stripe, our payment processor. Stripe deducts a transaction fee of 2.9% plus 30 cents, and then a flat fee of $5 is deducted to offset shipping and handling costs so that we can stay competitive with Amazon. The remaining amount forms the net revenue.

  • 50% of the net revenue goes to the author and illustrator, 30% supports Fair Share Publishing's operations, and the remaining 20% is allocated to the Producers.

  • Our wallet system is integrated with Stripe, our online payment processor. When a book is sold, Stripe sends 20% of the net sales to that book's digital crypto wallet. This process is fully transparent and on-chain, allowing you to audit your share of the royalties. Royalties are transferred to your dividend payout wallet in increments of $1000+ to reduce gas fee charges.

  • Our proprietary Blockchain Wallet system divides the 20% of net revenue into 40 sections, each linked to a DBT. This system tracks each token's share of funds as they are deposited and withdrawn.

  • Yes, as a Producer holding one or more DBTs, you can withdraw your funds from the dispersal wallet at any time, ensuring flexibility and control over your earnings.

  • Our blockchain-based wallet system is designed for secure and transparent management of royalties. It individually tracks each DBT's share of funds, providing clear and auditable records.

  • Yes, you will need to pay taxes on all royalty earnings gained. You will receive a 1099-MISC tax form from Fair Share Publishing, LLC at the start of each year for the year prior earnings.

  • Yes, for now there is no cap on the number of BTs that can be held in a single wallet, increasing your participation in the book's success. However, when minting there is a limit of 3 per transaction to help avoid transaction errors.