- ADA’s price was able to gain more than 8% over the last 24 hours.
- The altcoin’s price successfully challenged multiple resistance levels in the past day.
- Technical indicators currently suggest that there may be a small retracement in ADA’s price.
Book.io, a Cardano-based project, has attracted prominent investors in the venture capital world, despite the challenging conditions of the crypto winter. The start-up recently disclosed that billionaire investor Mark Cuban is one of its notable investors.
Book.io describes itself as a multi-chain outfit and is dedicated to perpetually making books and media available on-chain in various forms. The books are minted as non-fungible tokens (NFTs) on different chains, with most titles residing on Cardano, as seen on its book minting page.
Co-founded by Joshua Stone and Ben Illian, Book.io has experienced significant growth and also secured investment from the Ingram Content Group. Cuban not only invested money in Book.io but also provided valuable advice and helped the company establish connections.
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