Open Campus

Today, <a href="http://animocabrands.com/" target="_blank" rel="noopener noreferrer nofollow">Animoca Brands</a> announced that all seats for Season 2 of <a href="https://mint.opencampus.xyz/" target="_blank" rel="noopener noreferrer nofollow">Publisher NFTs</a> have been filled. The Season 2 sale of 720 Publisher NFTs was created&nbsp;by Animoca Brands’ subsidiary <a href="https://www.start.tinytap.com/animoca-brands" target="_blank" rel="noopener noreferrer nofollow">TinyTap</a>, which is a leading edtech platform for educational games. It was hosted and assisted by <a href="https://www.opencampus.xyz" target="_blank" rel="noopener noreferrer nofollow">Open Campus</a>, which is a community-led <a href="https://thenewscrypto.com/sony-ventures-into-web3-with-blockchain-launch-timeline/" target="_blank" rel="noopener noreferrer nofollow">Web3</a> education protocol. The sale generated 538,560 EDU tokens, which are worth about US$333,907 at the time of sale. This gave the 168 educators on the TinyTap platform who co-authored the Publisher NFTs both one-time and ongoing revenue.
<img decoding="async" src="https://lh7-us.googleusercontent.com/pUhOiN3tPvZUzOavd7EausOJBOoIpBI-ZhMxtR8ww5_N-JKnQg-x_XcAOIShURsTDs7tZ24takifA6vMipuyY7tbtPBaHCVWCXvnWVoN9KPCNMC1JDXrVf4gdb_GxoXv2jjRw3__ThMgAahDd7CoH-o" width="602" height="344">
Publisher NFTs are a brand-new idea in education that TinyTap unveiled with the goal of empowering, rewarding, and motivating publishers and producers of educational content.&nbsp;
With the help of TinyTap’s code-free Web2 platform, educators can produce and distribute multimedia lessons while also earning a cut of sales when students use their materials. Publisher NFTs are intended to represent co-publishing rights to certain educational materials created and distributed via the TinyTap platform; these materials are already profitable before they are associated with an NFT.
<img decoding="async" src="https://lh7-us.googleusercontent.com/Ff504iyzXeTg9W6RBmLNhU9K2qQjZW2FoVjWT_sGgxXOwomq9Vj01-1g22RY5ahSAkyjoFgeAnmmKqNvm4o4RfeP_iWt80kyglyHWP97XRe2vlKkM4uvwwSguS4x2T4sqtc8YY2C33OxxWZislDJjoM" width="602" height="344">
Publisher NFTs give creators of educational content new freedom and financial opportunities by granting digital property rights over TinyTap content. Specifically, each creator receives 50% of the net proceeds from the first sale of their NFTs, 10% of any future revenue share from the work after the <a href="https://thenewscrypto.com/coingecko-boosts-nft-data-integration-with-acquisition-of-zash-platform/" target="_blank" rel="noopener noreferrer nofollow">NFT</a> holder co-publishes it, and a creator royalty of 5% of the secondary sale of their NFTs (Open Campus will accumulate such royalties on the behalf of Season 2 producers and forward them periodically).
In addition to receiving a portion of up to 80% of the revenue share produced by the material connected to their NFTs when they market and promote it, holders who purchase Publisher NFTs also become co-publishers of the content linked to the NFTs. This gives content producers more time to concentrate on producing high-quality material, which TinyTap and Publisher NFT holders then distribute and market in an incentive-based manner.
In addition to using the TinyTap platform, Publisher NFT holders have the option to promote and sell their asset directly to consumers. For further details on the Publisher NFT revenue sharing model, please see the <a href="https://opencampus-xyz.medium.com/publisher-nft-season-2-is-here-b3b84f910d1d" target="_blank" rel="noopener noreferrer nofollow">Open Campus page</a> on Medium.
Yat Siu, the co-founder and chairman of Animoca Brands, said:
<blockquote class="wp-block-quote">
 “The Season 2 Publisher NFTs sale by Open Campus and TinyTap marks a pivotal moment in the march of educational content toward becoming a new asset class. This success underscores the immense potential of digital property rights to unlock new earning opportunities for educators in the digital age.”
</blockquote>
Yogev Shelly, the CEO of TinyTap, stated:
<blockquote class="wp-block-quote">
 “This milestone is not just about providing better earning opportunities for educators; it’s about building a future in which communities play a pivotal role in shaping curricula and empowering teachers and content creators to pave a path toward true educational autonomy.”
</blockquote>
Visit the <a href="https://mint.opencampus.xyz/" target="_blank" rel="noopener noreferrer nofollow">Open Campus website</a> to find out more about Publisher NFTs, how they may help educators, and how to get started fast and conveniently.

Season 2 of TinyTap Publisher NFTs by Animoca Brands Declared Sold Out

TheNewsCrypto

Other articles published on Nov 27, 2023

Volatile Week Sees Many Top Tokens Lose Their November Gains

What is Travala Coin?

Scam crypto malware Inferno Drainer decides ‘to move on’ after stealing $80m

Why Did Waltonchain (WTC) Coin Price Crash by 60%?

Bitcoin ETF: Sentiment Fueled Largest Capital Inflow Since 2021

Zipmex Thailand Suspends Crypto Trading Citing Compliance With the Country’s SEC Rules

Join our free newsletter for daily crypto updates!