According to Library Journal, Unglue.it, the crowdfunding platform designed to encourage authors and publishers to make their ebooks available under a Creative Commons license, was officialy launched on May 17, 2012. Unglue.it works by allowing the rights holders of an already-published book to set a funding threshold, generally between $5,000 to $25,000, and a deadline for a funding. If supporters pledge sufficient funding prior to the campaign deadline, the book will be released as an "unglued" ebook edition, free of digital rights management (DRM) software and free to copy and share under a Creative Commons license.
Gluejar Inc., the company that developed Unglue.it, explained the motivation behind the concept, noting that "proprietary formats and DRM technology lock ebooks to specific devices and make it hard for people to keep reading their books as technology changes. Many ebooks cannot even be lent by libraries and Unglued ebooks solve these problems." http://unglue.it/
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