NFT
On Wednesday (April 12), Books.io, a groundbreaking Cardano-powered NFT market for e-books, revealed the identify of 1 its world-famous buyers, who has been backing the pioneering startup since its early days.
Books.io makes use of its proprietary Decentralized Encrypted Belongings (DEAs) expertise to make sure the perpetual safety and preservation of varied media varieties on the blockchain. The corporate’s imaginative and prescient consists of creating an e-book and audiobook market, cellular studying apps, and a publishing portal for unbiased authors.
Ingram Content material Group is an organization devoted to connecting folks with content material in all types. It gives complete companies for publishers, retailers, libraries, and educators, making these companies seamless and accessible via expertise, innovation, and creativity. With an intensive international community of workplaces and services, Ingram’s companies embrace digital and bodily e-book distribution, print-on-demand, and different companies for the publishing trade.
In September 2022, Books.io introduced a collaboration with Ingram Content material Group, highlighting their joint efforts to pioneer new supply-chain fashions for e-book supply. It stated that this partnership would leverage blockchain applied sciences, Net 3.0, and revolutionary commercialization fashions based mostly on NFTs. The collaboration’s objective was to place e-books and audiobooks on-chain, enabling readers to really personal the digital books they buy and fostering a secondary digital market the place publishers and authors can earn royalties and instantly interact with readers.
On April 12, Books.io confirmed on Twitter that billionaire Mark Cuban is considered one of their early buyers, as had been introduced on The Dangerous Crypto Podcast earlier that day.
With Cuban’s involvement as an early investor, together with the dear steering and connections he has supplied, Books.io is poised to considerably impression the e-book trade.
As revealed on the @badcryptopod earlier, @mcuban is an early investor.
Grateful for all the recommendation and connections he is given us alongside the best way.
— Ebook.io (@book_io) April 12, 2023