Fundz

Bdmi Invests In Book.Io, The First Ever Nft Ebook Platform

PRIVATEOct 17, 2022

Round Type

Funding Round

DallasOtherE CommercePublishingEbooks

Description

Book.io is creating the new platform for digital ownership in book publishing by putting ebooks and audiobooks on the blockchain through their proprietary technology, Decentralized Encrypted Assets (DEAs). Instead of the current licensing model in digital publishing, readers can own their digital books and sell them if they choose to do so, creating a secondary market where publishers and authors earn royalties on every resale in perpetuity. For the first time, publishers and authors will be able to generate income from digital "used book" sales. Launching its first book sale on July 20th, 2022, the total volume of secondary market sales has already surpassed over half a million dollars, including the sale of a single collectible ebook at over $4,000.

Quick answer

Book.io raised an undisclosed amount in a Funding Round round, dated October 17, 2022. Book.io is based in Dallas, Texas, United States.

How much did Book.io raise?
Book.io raised an undisclosed amount in a Funding Round round on October 17, 2022.
What does Book.io do?
Book.io is the leading platform for NFT ebooks and digital content in the Web3 era.
Where is Book.io based and how big is it?
Book.io is based in Dallas, Texas, United States.

Source: Fundz verified event record.

Who else raised in E Commerce and Publishing around the same time

Companies in the same sectors as Book.io that raised within 45 days of this round, from Fundz verified event records.

  • 3's raised an undisclosed amount (Funding Round) on November 15, 2022.
  • PHUNK raised an undisclosed amount (Funding Round) on November 14, 2022.
  • Blox raised $12M (Funding Round) on December 1, 2022.
  • Classified Cycling raised $23M (Funding Round) on December 1, 2022.
  • LiquiDonate raised $2.3M (Seed) on November 30, 2022.
  • Beni raised $4M (Seed) on November 30, 2022.

Who to call at Book.io, and when

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  • Who you already know at Book.io, from your own LinkedIn network

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Company Information

Company

Book.io

Location

161 FARMS ROAD

Dallas, Texas, United States

About

Book.io is the leading platform for NFT ebooks and digital content in the Web3 era. Their proprietary technology, Decentralized Encrypted Assets (DEAs), allows all types of media to live perpetually, protected on the blockchain – a seismic shift for blockchain utility. Book.io is working diligently to build an ebook and audiobook marketplace, mobile reading apps, and a publishing portal for independent authors.

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Book.io raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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