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July 31, 2017, 10:43:49 AM |
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Overview Libro is a decentralized online library of e-books that is based on blockchain technology. Compared with traditional online e-book libraries, the main advantage is the absence of the third party commission as well as the protection from copyright infringement through the blokchain technology. Furthermore, the authors and publishers will have the opportunity to independently publish their books exempt from any fees. The price of the electronic books will be set directly by authors and publishers.
The problem The global electronic books market was equal to $17.3Bn in 2016 and is still growing. However, most of this money does not reach the authors/publishers of books. Our service will help authors of books publish directly and receive the whole amount to which they are entitled. The price of e-books in Libro will be cheaper by 40-60% compared to traditional e-book stores such as the Amazon.
Token Libro Token (LBR) - the token that is used to pay for in-site purchases. During ICO: 1LBR - 0.1$. During the ICO, 10,000,000 tokens will be sold. After the ICO, the price of tokens will be 1LBR - $0.3. To pay for e-books, LBR tokens will be accepted in exchange for BTC, ETH, LTC, ETC crypto-currencies and fiat money.
Roadmap August 2017: White-paper and website for ICO. September 2017: Libro Token ICO, negotiations with publishing houses. November 2017: Launch of the platform. April 2018: Launch of the mobile application for iOS and Android.
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