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Writer's pictureJean D

Libraro, a Web 3 community-driven platform connecting writers, readers, and publishers, receives Undisclosed Seed Funding from Ayre Ventures


Libraro

October 28, 2024


Libraro has announced the successful completion of the initial stage of its seed funding round, with Ayre Ventures taking the lead in this investment effort. This funding marks a significant step in Libraro's ambition to create an engaging ecosystem where stories can thrive and reach passionate audiences. The seed round remains open for additional investors looking to support this literary initiative.


Launched with a vision to empower both authors and readers, Libraro utilizes scalable blockchain technology to safeguard authorship and ensure transparency in ownership and distribution rights. The platform also features a Web3 loyalty program aimed at fostering deeper connections within the literary community. By combining the strengths of traditional publishing with cutting-edge technology, Libraro seeks to enhance the discovery process for emerging authors and provide a unique experience for readers seeking meaningful narratives.


About Libraro


Libraro is a community-driven platform focused on bringing together writers, readers, and publishers. Its mission is to create opportunities for every voice to be heard while ensuring that valuable stories find their audience. Through the integration of blockchain technology, Libraro aims to protect authors' rights and facilitate a more transparent literary ecosystem.


X: @Libraro_


About Investor


Ayre Ventures

Ayre Ventures, founded by Calvin Ayre, is a venture capital firm that invests in scalable, high-growth businesses utilizing frontier technologies, including AI, IPv6, and enterprise blockchain. The firm aims to support innovative and disruptive projects that have the potential to create positive change in their respective industries.


Location: Zurich


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