Remember
CodexCloud (and its
thread at MobileRead)? The site purported to allow users to upload all their ebooks, to make available for browsing and sharing books that were not copyright protected, and to make private (to each uploader) books that were copyright-protected. However, what CodexCloud actually did (besides converting every uploaded non-epub book to the epub format, whether the uploader wanted that to happen or not) was make available to all site users every ebook that was uploaded. I am surprised the site lasted as long as it did, before suddenly disappearing without warning.
This site claims CodexCloud was acquired by a third party, in 2012.
I believe CodexCloud's creator -
Paul Hunkin - was disingenuous. I'm unsure what to make of the Kickstarter "
! Online Library !" campaign creator mentioned in the OP -
Perry Garcia. Is he trying to make some quick bucks and then run with the money? Or does he have his head up his, er - in the clouds, and believe his own hype? The current contributor status of Perry's Kickstarter campaign implies his
3F targets' heads are not in the clouds, however.