Animoca Brands Subsidiary ‘Tiny Tap’ Raises $228k from NFT Sale

Animoca Brands Subsidiary, small taplaunched the first groundbreaking Publisher NFT that allows users to exchange publishing rights for their own educational content.

In June, Animoca Brands acquired innovative education startup Tiny Tap for a whopping $39 million. It then sets out to integrate its gamified educational services into the sophisticated new Web3 world, creating entirely new ways for teachers to monetize long-developed learning materials.

The first auction ended hours ago and we’re still so excited! The 6 Publishers #NFTs It was sold for a total of 138.93 ETH (approximately $228,000). The highest-bid NFT raised 47 ETH (~$77,000), placing the collection in the top 10. @high seas. https://t.co/LDWWIyKGDU

TinyTap (@TinyTapAB) November 5, 2022

Through the underlying platform, teachers can develop lesson plans into interactive game experiences and earn a portion of Tiny Tap’s revenue received through the subscription program. However, a new option now allows you to package the material as her NFTs and sell them to third-party publishers to manage distribution.

In its debut sale, Tiny Tap auctioned off the first six publisher NFTs created on its platform, all of which were a huge success, raising a whopping 139 ETH ($228,000) in total. Going forward, Tiny Tap will split 20% of ongoing earnings with the teacher 50/50 in addition to royalty payments if the owner seeks to sell the property. increase.

Learn more about Tiny Tap>> here

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