2 years ago
Libraro Raises £2 Million from nChain for Blockchain Book Publishing Platform
Libraro, a London-based blockchain book publishing platform, has secured £2 million in funding from nChain
The investment will be used for development and adoption of Libraro's solution, which leverages crowd reading to connect authors with readers and publishers
nChain will take a 20% equity stake in the company and will support Libraro through development and professional services.
ProblemMedia and Entertainment
"makes it hard for authors to reach a wider audience and for readers to find new books"
Solution
"uses blockchain technology to connect authors with readers and publishers, allowing authors to sell books directly to readers and for readers to discover new books through a community-driven book reading platform"