5 signs that e-books are here to stay

3. KindleLendingClub

An online Kindle library now matches lenders and borrowers of Kindle e-books.

Soon after Amazon launched its Kindle lending feature in December 2010, Canadian Catherine MacDonald, sketched out an idea, raised startup capital, hired Web developers and launched KindleLendingClub, an online Kindle library that matches lenders and borrowers of Kindle e-books. Kindle users must register on the site, then post books they want to lend or submit a request to borrow one – all free. Though the site is easy to use, Amazon’s policies are restrictive. Only Kindle books that are lending-enabled can be loaned, they must be loaned by one Kindle user to another, the loan period is 14 days, and each e-book can only be loaned once. Still, it’s a wonderful way to connect e-book readers across the country and create an e-book community.

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