Animoca Brands, a platform for promoting digital property rights for open metaverse and gaming, in collaboration with its subsidiary TinyTap, has announced the auction of the second series of teacher-authored Publisher NFTs on the Open Season.
The auctioning will commence on 15 December on OpenSea at 19:00 (EST). Publisher NFTs grant co-publishing rights to a TinyTap course. It is a curated bundle of educational games developed on TinyTap by an educator or teacher in a particular subject.
Those who buy these NFTs become co-publishers with TinyTap and the teacher who created the course. NFT buyers share the benefits yielded from co-publishing efforts in exchange for promoting/marketing the courses.
For your information, TinyTap is the world’s leading code-free platform for user-created educational games. It allows educators to create/share interactive educational content and share the revenue from the learners.
The platform recently introduced Publisher NFTs that will now be based on Web3 technologies and community to improve earning opportunities for teachers and expand earning and promotional options for co-publishers, directly advancing learning.
Participating educators will receive 50% of their net proceeds from their courses received through the Publisher NFTs auction and a 10% ongoing share of all the course’s revenues. Buyers of NFTs are entitled to receive around 80% of all revenues generated by their courses through their promotional efforts.
According to TinyTap’s CEO Yogev shelly, the auction will boost our mission to build tools for empowering communities to develop, own, and share meaningful educational content.
“We are thrilled to welcome the Web3 community to our creator economy for educational games and we are especially grateful to early supporters who recognized that Publisher NFTs introduces powerful new utility for digital assets, creators, educators, and blockchain ecosystems,” Shelly said.
The second auction will run for 48 hours, and the participants will have to own a crypto wallet supported by OpenSea.
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