Animoca Brands and TinyTap to Auction Second Set of Publisher NFTs on December 15
Animoca Brands, a leader in digital entertainment, blockchain and gamification, and its subsidiary TinyTap have just announced the second series of teacher-authored Publisher NFTs will be auctioned on NFT marketplace OpenSea starting at 19:00 (EST) on December 15.
TinyTap’s Publisher NFTs leverage Web3 technologies and community to improve earning opportunities for educators, create new earning and promotional options for co-publishers and empower the community to directly support the growth of learning.
It is important to note that the buyers of these NFTs become co-publishers alongside TinyTap and the teacher who created the Course. In return for promoting and marketing the Courses, NFT buyers share in the benefits generated from co-publishing efforts.
Teachers participating in the courses receive 50% of the net proceeds from the auction of the Publisher NFTs linked to their Courses. In addition, they also receive a 10% share of any revenue generated by such Courses.
Yat Siu, the co-founder and executive chairman of Animoca Brands, has commented:
“The success of the first TinyTap Publisher NFT auction demonstrated that NFTs can be leveraged to benefit teachers and educational content creators. We look forward to the upcoming second auction this week as we continue to work on developing this novel use case for NFTs in 2023 and beyond.”