Ingram invests in NFTs

Book wholesaler and distributor Ingram has invested in the NFT ebook company Book.io. The startup puts ebooks and audiobooks on the blockchain, where they can be sold as NFTs. Long term, there’s a plan to bundle NFT ebooks with print books in a process they call Mint & Print. The technology promises to create a secondary market for digital books in which publishers and authors earn a cut of every resale. Read the press release.