Jamia alumnus Yaseen raises Rs 3 crore for storybook, building a library in metaverse
At a time when many entrepreneurs struggle to raise money for their projects, 22-year-old Yaseen Ammar has shown the way. An alumnus of Jamia Millia Islamia, the software engineer and founder of a fintech Startup Sopay, which aims to link crypto with UPI incubated in JMI E-Cell, has succeeded in raising Rs 3 crore.
Jamia alumnus Yaseen raises Rs 3 cr for storybook, building a library in metaversehttps://t.co/4WlETxujck pic.twitter.com/GKY6AZ8uFD
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His story is an inspirational one for those who want to serve society or make it big with their out-of-the-box ideas. The way Yaseen raised the huge amount is worth knowing.
According to Jamia, Ammar has written ‘The Salted’, an encrypted book in morse code, a communication medium consisting of dash and dots Introduced in 1838. Morse code is named after Samuel Morse, one of the inventors of the telegraph.
He wrote the book, convinced his friends and clients to invest, printed 300 books and stopped. Later, he received a call from an angel investor that he loved The Salted book and wants to invest. The investor got to know about the book from the guy who owns the print house and he was using The Salted as his work sample as it was his best work yet.
The Salted is accommodated in libraries of the world’s most prestigious universities like Massachusetts Institute of Technology, Stanford University, Oxford University, Cornell University, University of Alexandria, JMI, and IIT Delhi.
Yaseen composed The Salted in 2020 during the pandemic, while playing with stuff, his love for cryptography made him write a book in morse code. “Oh come on, it’s not just a book, it’s an art.” says Yaseen.
Yaseen wants to leverage the ability of blockchain in the community of readers and writers. He is developing a platform merging a metaverse library, a publishing house and a digital archive. This will help writers and readers to monetise their work easier than ever. People don’t have to care about theft and plagiarism ever again. Nothing could be destroyed or tampered with.