Summary:
All seats for Season 2 of Publisher NFTs have been filled, according to an announcement by Animoca Brands. The sale of 720 Publisher NFTs, created by Animoca Brands’ subsidiary TinyTap, generated 538,560 EDU tokens, worth approximately US$333,907. Publisher NFTs empower educators by providing them with one-time and ongoing revenue streams.
Introduction:
Animoca Brands, through subsidiary TinyTap, has announced that all seats for Season 2 of Publisher NFTs have been filled. This sale of 720 Publisher NFTs aims to empower educators and provide them with financial rewards for their educational content. The sale was hosted and assisted by Open Campus, a community-led Web3 education protocol.
Main Points:
- Publisher NFTs are a new concept in education, empowering and rewarding publishers and producers of educational content.
- TinyTap’s code-free Web2 platform allows educators to create and distribute multimedia lessons while earning a share of the sales.
- Publisher NFTs represent co-publishing rights to educational materials already profitable before being associated with an NFT.
- Holders of Publisher NFTs receive 50% of the net proceeds from the first sale, 10% of future revenue shares, and a 5% royalty on secondary sales.
- Content producers have more time to focus on creating high-quality material, while NFT holders distribute and market it.
- Publisher NFT holders can also promote and sell their assets directly to consumers.
Conclusion:
The successful filling of Season 2 of Publisher NFTs by TinyTap and Open Campus marks an important step in the evolution of educational content as a new asset class. The sale not only provides educators with better earning opportunities but also empowers communities to shape curricula and achieve educational autonomy. To learn more about Publisher NFTs and how they can benefit educators, visit the Open Campus website.