PANews reported on April 8 that according to PR Newswire, the decentralized publishing and reading platform Libraro announced today that it has received additional investment from Ayre Ventures. Since receiving initial seed funding in October 2024, Ayre Ventures' total investment in Libraro has reached 1 million pounds (about 1.28 million US dollars).
According to reports, the Libraro platform uses blockchain technology to protect author identity, prevent copyright infringement, and increase transparency of ownership and distribution rights. The platform deepens the connection between readers, authors, and publishers through the Web3 loyalty program.
