Cardano-Powered NFT Marketplace for E-Books Unveils Billionaire Support
On Wednesday (April 12), Book.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.
Guide.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 contains creating an e-book and audiobook market, cellular studying apps, and a publishing portal for impartial authors.
Ingram Content material Group is an organization devoted to connecting individuals with content material in all varieties. It gives complete companies for publishers, retailers, libraries, and educators, making these companies seamless and accessible via expertise, innovation, and creativity. With an in depth international community of workplaces and amenities, Ingram’s companies embody digital and bodily guide distribution, print-on-demand, and different companies for the publishing trade.
In September 2022, Guide.io announced 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 progressive commercialization fashions based mostly on NFTs. The collaboration’s purpose was to place e-books and audiobooks on-chain, enabling readers to actually personal the digital books they buy and fostering a secondary digital market the place publishers and authors can earn royalties and instantly have interaction with readers.
On April 12, Guide.io confirmed on Twitter that billionaire Mark Cuban is certainly 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 steerage and connections he has offered, Guide.io is poised to make a significant affect on the e-book trade.
