The star, 38, announced that he will be reinterpreting classic fairy tales in the series of three books.
Trickster Tales will be illustrated by the award-winning artist Chris Riddell, and will begin with the actor and comic's take on The Pied Piper Of Hamelin.
Brand said: "It's the first of a series called Russell Brand's Trickster Tales, where I do interpretations of fairy stories and folk tales, believing them to be the code to unlock aspects of our consciousness."
Brand, who has called for an anti-capitalist revolution, added in a video: "It's coming out soon. Do you want it? You can have it if you want."
He later said in a statement: "Fairy stories are a code to change the way children see the world. Once children see the world differently change is inevitable."
Publisher Jamie Byng said: "The pairing of Russell and Chris is a match made in heaven and their series of illustrated retellings has the potential to become a worldwide phenomenon."
The former drug addict and Get Him To The Greek star released his autobiography My Booky Wook in 2007.
He is not the first comic to write children's books - David Walliams has enjoyed success with the likes of Mr Stink and Gangsta Granny, which was adapted into a comedy drama for BBC1.
The first of Brand's children's books, published by Canongate, will be released in November with the next two books following in 2015 and 2016.