Book.io Receives Second Round of Funding from Ingram

Book.io, the Web3 blockchain-based marketplace for eBooks and audiobooks, has received a second Ingram Content Group, following Ingram's participation in the seed funding round in 2022.

Working with Ingram, Book.io is now expanding beyond e-books and audiobooks to offer physical books through its online store. Going forward customers will be able to choose their preferred format—digital or print—when purchasing books.

Book.io and Ingram have also launched Mint+Print, a digital-to-print on-demand service enabling customers to order uniquely numbered printed books with bespoke cover art. This feature allows authors and publishers to create multiple cover designs for a single title, fostering engagement and incentivizing collectors.

“We believe Book.io is at the forefront of developing the next generation of e-books and audiobooks, leveraging Web3 tools and AI to introduce innovative marketing channels, advanced data insights, and new revenue opportunities,” said Ingram CEO Shawn Morin. “Ingram is excited to support Book.io as they continue to develop scalable AI-generated cover art and software solutions that will redefine how books are distributed and consumed.”

With Ingram’s latest investment, Book.io plans to expand their catalog and community through integrated marketing strategies. Together with Stuff.io, Book.io's recently launched Web3 platform for digital media in music and video content, the company aims to reach 1 million users within the next year.