In a market projected to exceed $15 billion by 2028, LitPad stands as a pioneering platform redefining digital storytelling. LitPad, launching in mid-December 2024, is built with the goal of creating an inclusive space for serialised fiction. Led by CEO and founder Deborah, also known as Xenia, the platform aims to enable writers to publish securely and monetise effectively while offering readers affordable access to a rich variety of stories in both text and audio formats.
“Our mission is to offer authors the freedom to share their stories in a safe and supportive ecosystem while ensuring that readers can access quality content without cost barriers,” Deborah shares. “By integrating decentralized technology, we’re not only securing intellectual property but also allowing authors to truly benefit from their work.”
Solving Industry Challenges with a Blockchain-Powered Solution
LitPad is addressing fundamental challenges in the ebook market, which often sees authors facing limited creative freedom, low monetization returns, and weak intellectual property protection. Many authors currently receive only a fraction of their work's revenue, with little recourse for plagiarism issues. Readers, on the other hand, often encounter high costs for quality content. LitPad’s blockchain foundation provides authors with secure, decentralized publishing, allowing them to focus on creativity without financial or intellectual property concerns.
The platform aspires to onboard 10,000 authors and 1,000,000 readers within two years, creating a sustainable and profitable ecosystem for authors through tips, subscriptions, and crowdfunding.
Features that Define LitPad
Key features set LitPad apart, including an integrated ICP wallet for easy payments, decentralized content protection, and multiple monetization avenues for authors. These elements create a unique, engaging experience for readers who can access a vast library of serialized fiction while offering authors fast, transparent payouts.
With future goals to incorporate AI-powered audio stories and enhanced author tools, LitPad envisions itself at the forefront of decentralized storytelling, helping authors thrive creatively and financially.
Why ICP and How Does It Power LitPad’s Mission
LitPad leverages the Internet Computer Protocol (ICP) to establish a decentralized ecosystem where authors maintain full ownership of their work, preventing unauthorized changes or censorship. ICP’s low transaction costs enable fast, efficient in-app purchases, allowing users to unlock premium content with ckUSDC. Deborah notes, “Building on ICP has been an incredible journey—it's decentralized storage and transparent transactions have accelerated our development, letting us prioritize a smooth, rewarding experience for both authors and readers.”
Core Team Behind LitPad
Behind LitPad is a team of professionals blending expertise in storytelling, digital marketing, and blockchain technology:
Deborah (Xenia) - CEO: With extensive experience in storytelling and digital marketing, Deborah has earned over $10K as a fiction writer. Her background gives her insight into the challenges writers face, motivating her to create a supportive, author-friendly ecosystem in LitPad.
Ekemini - Product Manager: Skilled in digital product management, Ekemini plays a critical role in the seamless development of the LitPad app, ensuring the platform is both functional and user-friendly.
Temitope - Product Designer: Specializing in crafting user-centric interfaces, Temitope brings years of experience to the platform’s design, making LitPad intuitive and visually engaging for authors and readers alike.
Kenechi and Utee - Backend Engineers: As experienced developers in modern frameworks like Flutter and Go, Kenechi and Utee are responsible for the platform’s robust backend infrastructure, including the ICP wallet integration.
Edobor - Mobile Engineer: Edobor’s expertise in mobile engineering ensures LitPad’s app is optimized for performance, providing users with a smooth, seamless experience on Android and iOS.
“We’re building more than just a platform,”: A Vision for the Future
LitPad’s short-term goals include developing a full-stack app for Android and iOS, onboarding 50 authors and 5,000 readers within the first three months of launch, and scaling rapidly through marketing and partnerships. Long-term, the platform aims to secure additional funding and introduce new features to enrich user experience. LitPad is also exploring expansion into emerging markets with high demand for accessible, affordable digital content.
“We’re building more than just a platform,” Deborah explains. “We’re creating a movement for creative freedom, fair compensation, and quality storytelling.”
As blockchain technology reshapes digital spaces, LitPad is positioned to lead in the ebook market, offering a fair, engaging platform that respects both authors and readers. For more information, visit LitPad’s website.
Article by: Mana Lamja