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DZ LABS is a novel DeFi organization
that uses Web3 to operate.
Motivated by Token $16DAO
Learn more →
DZ LABS's NFTs is selling on Opensea
DZ LABS
Business Model
The novels presented through the DZ LABS DAO will receive the platform's robust operation, allowing excellent works to be sold directly to users and expanding the economic benefits of novels. DZ LABS DAO is motivated by Token $16DAO. Token holders can participate in the governance of DZ LABS and receive dividends from the operation of DZ LABS' novels, including the total revenue obtained from novel-related IP licensing, NFT sales, and movie box office, GameFi, etc.
Organizational Structure
DAO
DAO's mission is to drive the growth of DZ LABS, to absorb more excellent novels into the ecosystem, and to make these novels continue to generate cash value and cultural value. DAO members are entitled to all of DZ LABS' revenue-sharing benefits, can include:
Governing Token Premiums
As the DZ LABS ecology develops and the value storage capacity becomes more extensive, the premium of the $16DAO token will increase.
NFT Revenue
When NFT is on the shelves of Opensea, DAO members can sell these NFT to earn revenue,DAO members can sell these NFT to earn revenue.
GameFi
When promoting these novels to GameFi, DAO members can enjoy the early Token airdrop, NFT airdrop, and even participate in the Token purchase allowlist at the earliest stage of these games.
ROADMAP
The Timeline
2023
· TDevelop novel NFT reading platform novelweb3.xyz · Develop a decentralized wallet dzwallet.life · Expansion of DAO membership and vault · The second novel will be translated and cooperated overseas · Driving 1 GameFi to the ground
Q4,2022
· DAO member recruitment, five authors, 3 product managers · Novel IP Licensing Launch · The second novel on the shelves and sale series NFT
Q3,2022
· 16DAO Token Listing · The first novel derivative series NFT CatWomen is officially on sale · The first novel starts translation and cooperation overseas
Q2,2022
· Project Confirmation · Art and technical partners identified · White Paper Release (Chinese and English version) · 16DAO Token Implemented · Sign two collaborative novels
FAQ
Questions you want to know
Among the two novels signed by DZ LABS in Q2 2022, the first novel, 《核桃记》, has been completed, with a total of 301,000 words, and its electronic version has been uploaded to ByteDance's fanqie novel platform. The female protagonist in the novel holds a painting named Catwomen, for which DZ LABS has created NFT according to the commercial plan. The first 6 NFT have been put on Opensea. The novel is in contact with presss and plans to publish physical books, which has strengthened DZ LABS 'continued influence in the market.
In October 2021, the Chinese Writers' Association released the report on the Development of International Dissemination of Chinese Internet Literature in Wuzhen, Zhejiang Province. The report shows that more than 10,000 works of Chinese Internet literature have been distributed overseas, with more than 100 million users reading through foreign websites and APPs, covering most countries and regions in the world.
The number of completed novels in the Chinese market alone exceeds 24 million. While the number of books is growing, there is no organization to commercialize them and no such service in the market. DZ LABS has no clear competitors in this field and benefits from the development of web3. DZ LABS adopts the DAO method, which will significantly improve the efficiency of novel operations and help more writers monetize.
China's online literature consumption users exceed 500 million people, and overseas consumption of Chinese online literature users exceeds 100 million. Given users' massive demand, more than 96.5% of writers have no income. Their novels have barely had chances to be adapted into movies and receive commercial payments. Online literature platform unfair terms make writers lose the copyright of their works. The platform monopolizes novel copyright for at least five years, at most 50 years after the author's death.
DZ LABS returns the choice of online literary works to 600 million users, who can choose what to read based on their preferences rather than relying on the platform recommendations that come from their streaming algorithm.
DZ LABS returns the copyright to the writers, allowing them to become DAO members and letting them drive the DAO organization to grow.