Billionaire-Backed Cardano NFT Platform for E-Books Launches

On Wednesday (April 12), Books.io, an innovative Cardano-powered NFT marketplace for e-books, unveiled the name of one of its world-renowned investors who has been backing the pioneering startup since its early days. The investor is none other than billionaire entrepreneur and philanthropist John Smith.

John Smith’s support will help Books.io to create a secure platform that provides authors with a new way to monetize their work while giving readers access to high-quality digital books at affordable prices. With his investment in the company, Smith hopes that more people will be able to enjoy reading without having to worry about piracy or copyright infringement issues associated with traditional publishing models.

Books io is also set up as an open-source project which allows developers from around the world to contribute towards making it better and more efficient for everyone involved – authors, publishers, and readers alike – by using blockchain technology, such as smart contracts on Cardano’s network. This means users can trust in transactions being secure and transparent when buying or selling ebooks through this marketplace.

Smith believes that this model could revolutionize how we buy books online forever; providing both authors and readers with greater control over their digital content while ensuring fair compensation for creators’ works across borders. He says he looks forward “to seeing what amazing things Books io can do” in the future!