Mark Cuban partners with Book.io to release NFT eBook on Polygon Blockchain

Prominent billionaire investor Mark Cuban has teamed up with Book.io, a leading digital content publishing company operating on various blockchain networks including Ethereum, Cardano, Algorand and Polygon. Together they will publish Cuban’s e-book with the title How to Win in the Sport of Business as a non-fungible token (NFT) exclusively on the Polygon network. Known for its low fees and fast transactions, the Polygon blockchain provides the ideal platform for this venture.

As NewsWires reported, Mark Cuban’s NFT collection will include a limited edition of 10,000 e-books, each featuring 285 distinct AI-generated cover designs. Digital content publisher Book.io previously hinted at their collaboration with Mark Cuban during a recent episode of the “BanklessHQ” podcast. In particular, Book.io differentiates its NFTs by referring to them as Decentralized Encrypted Assets (DEA), offering users ownership rights and the ability to access, read, resell and share digital content. The book will contain a collection of Cuban’s best material taken from his acclaimed Blog Maverick.

Book.io has officially confirmed its partnership with Mark Cuban for the launch of this remarkable NFT collection. Cuban wrote the book in 2011, and its release as an NFT on the Polygon network will also showcase Book.io’s innovative technology, combining the convenience of Web2 with the ownership benefits of Web3. The goal is to allow users to purchase digital assets without the need for knowledge or experience with cryptocurrency.

“We are extremely excited about this coin. Mark Cuban has been a truly amazing seed investor and advisor, and we have been working towards this moment for many months,” said Joshua Stone, CEO of Book.io. “We are convinced that the 1 .1 billion digital readers should easily be able to buy and own their digital assets, but there is far too much friction in crypto. For this coin, anyone can participate. The Book.io purchase path can create a self-powered wallet for the reader and they can purchase by credit card. This is how you add millions of people to Web3.”

Book.io has disrupted the digital publishing landscape by enabling creators and owners to sell decentralized encrypted assets on blockchain platforms such as Cardano, Ethereum, Algorand and Polygon. Their proprietary technology empowers users to own, read, resell and share these digital assets. Founded in 2022 and headquartered in McKinney, TX, Book.io is at the forefront of this transformative approach to publishing.

“Mark has a long relationship with Polygon and we warmly congratulate him on the successful release of this e-book,” said Sandeep Nailwal, co-founder of Polygon. “Undoubtedly, it will serve as a gateway for newcomers to discover the world of NFTs, while Polygon ensures their journey is characterized by seamless speed and simplicity.”

“This coin should be fast and exciting,” Mr. Stone said. “We are entering a golden era for readers, authors and publishers, and this is a milestone in our mission to build the future of books.”

As for Mark Cuban, he is known for his extensive involvement in the cryptocurrency and NFT space. In 2021, he revealed that his crypto portfolio consisted of 60% Bitcoin, 30% Ethereum and 10% other cryptocurrencies. While maintaining a bullish view on NFTs, Cuban has been selective in sharing with the public specific details about his investments.

During The North American Bitcoin Conference last year, Mark Cuban expressed how non-fungible tokens initially attracted him to the crypto industry. Describing himself as a crypto “evangelist,” Cuban minted his first NFT in 2020.