NFT e-books are going to become a reality
Book.io is the leading platform for NFT e-books and digital content in the Web3 era. Their proprietary technology, Decentralized Encrypted Assets (DEA), allows all types of media to live forever, protected on the blockchain – a seismic shift for blockchain tools. Book.io is hard at work building an eBook and audiobook marketplace, mobile reading apps and a publishing portal for independent authors. The company has just received seed funding from Ingram Content Group, which operates thousands of bookstores with hardcover, paperback and also digital books via Vitalsource.
Book.io is building the infrastructure to put e-books and audiobooks on the chain, which will allow readers to truly own the digital books they buy, rather than the current licensing model. This will enable a whole new secondary digital market where publishers and authors can earn royalties and leverage new channels for direct engagement from author to reader.
Book.io will work directly with Ingram’s extensive digital and physical infrastructure to create NFT e-books and audiobooks from the world’s best authors and publishers. Ingram’s print-on-demand service, Lightning Source, will enable Book.io to package NFT e-books with custom printed physical books in an industry first called Mint & Print, enabling the printing of individual physical books based on NFT eBook ownership and deliver these printed books within 48 hours anywhere in the world.
“Ingram Content Group is excited to join Book.io in pioneering new supply chain models for e-book delivery that take advantage of the security of blockchain technologies, the promise of Web 3.0 and innovative commercialization models based on NFTs,” says Shawn Morin, president and CEO of Ingram Content Group. “Ingram Content Group is dedicated to all facets of the book industry, and Book.io is a natural fit with the global reach of our business and our mission to provide the infrastructure and services necessary to help content reach its destination, from content creators to consumers.”
“The team and I are very excited about this investment,” said Joshua Stone, CEO of Book.io. “We believe that the golden era of digital books has only just begun, and a collaboration with Ingram will give us the ability to scale to meet the overwhelming demand we are experiencing and expand our platform to bring digital ownership to the mass reading market.”
Michael Kozlowski has been writing about audiobooks and e-readers for the past twelve years. His articles have been picked up by major and local news sources and websites such as CBC, CNET, Engadget, Huffington Post and the New York Times. He lives in Vancouver, British Columbia, Canada.
