GigaOm reports that PaperC, a German eBook retailer, is trying to raise
from €50,000 to €100,000 through a crowdfunding site in order to transition
to a HTML5-based platform. PaperC allows users to purchase eBooks by the
page, chapter or entire title, and plans to offer a monthly subscription
program giving members unlimited access to the company's entire
collection. The company currently has 120,000 registered users and
distributes titles from more than 100 publishers.
PaperC is working with German crowdfunding site Innovestment to raise
funds to launch PaperC.com, a new platform that is based on HTML5,
instead of the current PDF-based platform. They've developing their own
HTML5 eReader and PDF-to-ePub converter.
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