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What does ATS stand for and what is it?

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Authorship Token. The ATS, an ERC-20 token based on the Ethereum technology, is a unit of exchange on a new Blockchain based book publishing system. Authors, publishers and translators are rewarded with ATS tokens in exchange to book sales, while readers are able to spend ATS tokens in order to purchase books.

Join Authorship.com Newsletter and receive 75 ATS Tokens for Free worth $10 in exchange. http://bounty.authorship.com/ref/K8617220

What does ATS stand for and what is it? | Ecency