Whatbook is the first app for social readia,® a new concept to help people discover & share book recommendations. Using machine learning algorithms and human recommendations together, Whatbook is more than a book cataloguing website or app, we believe it is a new market in a proven industry.
Whatbook is making books social with social readia,® a social network for reading. We're helping people read more with easy access to book recommendations they can trust. Our iOS app is live with 3,400 active users & an 89% retention.
Utilising the best parts of both technology (machine learning algorithms) & human suggestions, Whatbook can deliver reliable recommendations for books, audiobooks, and podcasts. With social readia, we want to give book influencers a platform to share their recommendations that are often lost on social media platforms.
Version 2.0 launched in December 2018, with a complete redesign. Operating affiliates with booksellers & planning a MyLocalBookshop feature allowing users to purchase from their local bookshops. We are aiming to introduce Podcasts in February.
Two main revenue streams, SmartAds & freemium paid subscriptions. SmartAds will offer publishers targeted advertising to their customers, but adverts users actually want; accurate & reliable recommendations.
Social networks for books are not new. Goodreads, a book cataloguing website, launched in 2006, attracted 25 million users & was acquired by Amazon for a reported $150million in 2013.
Funds raised will be used to grow the team with new developers & a professional marketing campaign, already planned and ready to go.