Animoca Brands To Allow Users To Auction Educational Content As NFTs On OpenSea

TinyTap, the leading platform for user-generated educational games and a subsidiary of video gaming behemoth Animoca Brands, has successfully launched its second collection of teacher-authored Publisher NFTs on OpenSea.

In a December 13 press release, Animoca Brands confirmed launching the second phase of its teacher-authored Publisher NFTs. The new project will allow users to action educational content as digital collectibles.

Animoca Brands And TinyTap Launches Publisher NFTs

In June, the Digital entertainment company Animoca Brands announced the acquisition of the Israeli education-tech and interactive games platform, TinyTap. Animoca Brands paid $38.75 million for TinyTap’s issued capital, granting them an 84.13 % stake in the company.

TinyTap provides a code-free platform that empowers educators to create and share interactive educational content. The platform allows educators to receive revenues when learners use their content.

Under the new integration, Animoca Brands anticipates leveraging TinyTap capabilities to introduce new Publisher NFTs. While commenting about the new NFT project, Yat Siu, the co-founder and executive chairman of Animoca Brands, remarked:

“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.”

Publisher NFTs Explained

The new Publisher NFTs will leverage the metaverse capabilities to improve earning opportunities for educators, create new earning options for co-publishers, and empower the community to support digital learning growth directly.

Although teachers on TinyTap already earn income for producing content in a traditional Web2 framework, the Web3-based Publisher NFTs will significantly improve their earning opportunities.

According to the announcement, 50% of the net proceeds from the action of the Publisher NFTs will go toward teachers participating in educational content production. The second genesis auction of six TinyTap Publisher NFTs will begin on December 15, 2022, and will run for the next 48 hours.

Related

• Animoca Brands Partners With SportFive To Launch Onside NFTs
• Animoca Brands Joins Coincheck To Grow Its Japan Web3 Market
• Best New NFT Projects This December

Dash 2 Trade - New Gate.io Listing

Our Rating

• Also Listed on Bitmart, Changelly, LBank, Uniswap
• Collaborative Trading Platform Token
• Featured in Bitcoinist, Cointelegraph
• Solid Proof Audited, CoinSniper KYC Verified
• Trading Community of 70,000+ Members

Buy D2T

  This article was written for Business 2 Community by Dominic Kimani.
Learn how to publish your content on B2C

Join our Telegram channel to stay up to date on breaking news coverage

Add B2C to your Google News Feed

---

Author: Dominic Kimani

Dominic is a Nairobi, Kenya based crypto news writer enthusiastic about NFTs, DeFi, GameFi, the Metaverse and blockchain tech in general, with five years experience in the field, alongside his own personal trading and investing journey. Dominic holds a Bachelor's degree in Journalism, Media, and Communication Studies, and has been…

View full profile ›

---

More by this author:

• The Next Wearable Could Be in Your Mouth to Analyse Your Saliva, Thanks to Silicon Labs’ xG27 Chipset
• TikTok is so Successful its Features Keep Getting Cloned By Other Big Tech Apps
• Fintechs Start to Mop up Silicon Valley Bank Deposits – Will They Be The Main Winners, Not Big Banks?