Readl
Baar, Zug, Switzerland
About Readl
If Amazon closes tomorrow, you will lose all your Kindle books. That's our motto. We are developing a framework to reshape the digital publishing sector. On one hand, writers and publishers are suffering in digital something that did not happen in the real world (or was very difficult and costly), and that is counterfeit copies of digital books. Since the ebook format appeared, it has been relatively easy to copy and distribute the book without the consent of the owners of the intellectual property. The situation improved a little with the appearance of Amazon and its Kindle ebook, since users, for ease of use, find it more convenient to buy books to create a library and store them in the cloud. But this leads to abuse in the business model, since Amazon commissions between 20-30% of the price of the book, and the same publishers often make abusive contracts to the artist, in this case, the writer. We are already seeing this on other platforms such as Spotify, where artists, who feel exploited, have no alternatives to a fair model. In addition, when users pay for these digital works, they do not usually have a copy of it in their library as was the case in the real world, they pay for access to the content, but not for the content. Thanks to the emergence of Blockchain, the next step to be taken in this sector is to re-empower writers and publishers, and also the user, allowing them to create and buy unique digital books, and that only they own, with a fair royalty model for the creator of the work, and provide new functionalities to the reader to enrich the experience of reading a book, an act that we have been doing for more than 2000 years...let's continue its evolution.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Funding stage: Seed
- Last round: Pre-Seed (Dec 2021)
- Website: readl.co
- Phone: [email protected]
Industries & Categories
Blockchain, Books, Cryptocurrency
Social Profiles
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