BookBak is an online brokerage platform where users can buy and sell shares of royalties generated by creative works, starting with books. Authors offer shares of their work in events similar to initial public offerings. Users buy these shares, each of which represents a small percentage of the royalties generated by the work that is for sale. These shares pay out dividends each period. After the initial offering event, BookBak operates as a brokerage account through which the shares can be traded as stocks to other users.


