Decentralized reading platform Libra receives approximately $1.28 million in investment from Ayre Ventures

According to a report by PRNewswire, decentralized publishing and reading platform Libra announced today that it has received additional investment from Ayre Ventures. Since receiving initial seed funding in October 2024, Ayre Ventures' total investment in Libra has reached £ 1 million (approximately $1.28 million). It is reported that the Libra platform utilizes blockchain technology to protect author identities, prevent copyright infringement, and improve transparency of ownership and distribution rights. The platform deepens the connection between readers, authors, and publishers through the Web3 loyalty program.