Decentralized reading platform Libraro completes £1 million in financing, with Ayre Ventures participating

Odaily News Libraro, a decentralized publishing and reading platform, 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). The Libraro platform mainly 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. (Prnewswire)