‘Ooooh, what is Booknet ?’ I hear you ask… 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 does it work? 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 pop...
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