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2nd set of Tiny Tap x Animoca Brands Publisher NFTs drops this week
Digital real estate giants Animoca Brands and educational game leaders TinyTap announce the second series of their teacher-authored Publisher NFTs. On December 15th, 19:00 EST onwards, six new TinyTap issuer NFTs will be auctioned on OpenSea. So what exactly are these Publisher NFTs? Read on to learn more!
What are the new publisher NFTs for TinyTap?
A TinyTap Publisher NFT grants holders co-publishing rights to their curated courses. These are curated bundles of educational games created on the TinyTap platform. One educator (“teacher”) on TinyTap can create games about a specific topic. In addition, Publisher NFT holders share the benefits of co-publishing these courses. TinyTap teachers already earn their income via their published content on the web2 framework, but web3 unlocks new ways and new use cases for teachers to improve their earning potential.
The second genesis auction of six TinyTap Publisher NFTs on December 15, 2022 will last for 48 hours. Furthermore, participation requires a crypto wallet compatible with OpenSea. Interested buyers can join the auction at OpenSea. 50% of the net proceeds from the auction of Publisher NFTs go to participating teachers. These sales link to the courses that teachers publish on TinyTap. In addition, they also receive a 10% ongoing share of any income generated by the courses. In addition to this, Publisher NFT buyers receive up to 80% of all revenue generated by their NFT courses as a result of their marketing efforts.
Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, commented, “The success of the first TinyTap Publisher NFT Auction demonstrated that NFTs can be leveraged to the benefit of educators and educational content creators. We look forward to the upcoming second auction this week as we continues to work on developing this new use case for NFTs in 2023 and beyond.”
About TinyTap
TinyTap is a subsidiary of Animoca Brands. Founded in 2012, it is the world’s largest educational game library with more than 200,000 activities created by teachers and publishers. Some of these games and courses also include Sesame Street and Oxford University Press. TinyTap creates its games via a code-free authoring platform. This can be accessed by parents as part of TinyTap’s subscription or sold directly to families as packages.
A portion of the subscription revenue is spread to content creators based on the user engagement generated by their content. The platform is the top 10 grossing children’s apps worldwide. TinyTap serves over 8.2 million families, with content created by over 100,000 educators.
