Their main priority is remaining a monopoly in the book retail space. They want only new book sales, without giving users a more affordable option to access the content.
Amazon is the biggest book retailer in the world, and is a dominant player in the eBook space. Amazon hasn't developed their own secondary market because it's not in their best interest.
When you buy a book on Kindle, you don't own it, you just own a license to read it on the Kindle App and Kindle hardware.
With the launch of Facebook’s “Metaverse”, there’s been a huge boom in popularity for NFT’s going forward in the future of technology. WeRead is driven by community, and creativity, while always putting the user experience first. Amazon and other competitors choose not to have a secondary market to increase new e-Book sales to earn a higher %. We believe that it’s our secondary market which distinguishes us from the competition.
For a complete competition overview please check Competitors