- Starting December 15th, TinyTap will be conducting a second auction of educational “Publisher NFTs”.
- Innovative NFTs are already making a difference for participating educators.
A venture capital firm focused on blockchain games and the open metaverse aminoca brand, Together with its subsidiary TinyTap (a leading platform for user-generated educational games), it announced plans to auction a second set of “publisher NFTs” starting December 15th.
Auctions will be held on major non-fungible token markets high seaswill feature 6 teacher-created Publisher NFTs and will run for 48 hours. Participation also requires an OpenSea-supported crypto wallet.
Publisher NFTs, as described by TinyTap, are bundles of curated educational games created on the no-code TinyTap platform by subject-specific educators (“Teachers”). Publisher NFT purchasers are co-publishers with TinyTap and the teacher who created the course.
Participating teachers will receive 50% of net revenues from auctions of publisher NFTs linked to their courses, and an ongoing share of 10% of revenues generated by such courses. Co-authors who purchase NFTs also receive 80% of the revenue earned from NFT courses as a result of promotional activities.
TinyTap’s newly introduced innovation leverages Web3 technology and community to improve monetization opportunities for educators, create new monetization and promotion options for co-publishers, and empower communities to grow learning. By allowing direct support, they argue, it could disrupt the education sector. .
TinyTap CEO Yogev Shelly said:
TinyTap’s publisher NFT greatly enhances our mission to build tools that enable communities to create, own and share meaningful education. We are excited to welcome the Web3 community to the creator economy of educational games.
Sherry added that TinyTap is especially grateful to publisher NFT’s digital assets, creators, educators, and early supporters who have recognized the powerful new utility of the blockchain system.
Publisher NFTs are already making a difference for educators
publisher in a short time NFTs It already exists and has already shown the potential to better reward teachers for their efforts. His first TinyTap auction, held in November, featured publisher NFTs created by six teachers and generated a total of 138.926 ETH (about $228,000 at the time).
Of this amount, a total of 67.7 ETH (approximately $111,000 at the time of sale) went to six teachers who created content linked to publisher NFT, according to a press release from Aminoca Brands.
Gabi Klaf, an Israel-based teacher whose “Learn English with Gabi” work sold for the highest amount, earned 22.9 ETH (approximately US$37,600 at time of sale). That’s 13 times her average monthly salary for an Israeli primary school teacher. .