{"id":642204,"date":"2023-04-25T23:07:23","date_gmt":"2023-04-26T04:07:23","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/25\/tinytap-proves-that-nfts-are-the-future-of-educational-content\/"},"modified":"2023-04-25T23:07:23","modified_gmt":"2023-04-26T04:07:23","slug":"tinytap-proves-that-nfts-are-the-future-of-educational-content","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/25\/tinytap-proves-that-nfts-are-the-future-of-educational-content\/","title":{"rendered":"TinyTap Proves that NFTs are the Future of Educational Content"},"content":{"rendered":"
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TinyTap is onboarding a new demographic to Web3\u2013 kids! The education technology startup raised $8.5m from Animoca Brands to help expand its business. What is TinyTap doing with education and NFTs?<\/p>\n

\"TinyTap\n<\/picture>\n<\/a>
Using NFT technology to disrupt the education industry
Image Credit: TinyTap<\/figcaption><\/figure>\n

What is TinyTap\u2019s Web3 strategy?<\/strong><\/span><\/h2>\n

TinyTap successfully launched an NFT collection<\/a> in Nov 2022. This collection was comprised of six different NFTs representing six different courses. The courses are essentially bundles of mini-games, each one for a different subject. The bundle sold at auction for 138.9 ETH (or $228,000 at the time of the sale). By purchasing the bundle, the new owner received co-publishing rights for the material.<\/p>\n

This novel approach to monetizing educational content caught the attention of fundraising giant Animoca Brands<\/a>. Earlier that year in June, Animoca paid $38.8m for 80% of the company. Since then, Animoca has championed TinyTap\u2019s vision of disrupting the education industry with blockchain technology.<\/p>\n

Yat Siu, Animoca\u2019s co-founder, views NFTs as a tool for educators to \u201cbetter generate equity from their work and link up with co-publishers who can handle the promotion of their courses, all while offering students enhanced learning materials.\u201d<\/em> He also added, \u201cThis is why we\u2019re incredibly excited at the Web3 opportunities that TinyTap is exploring in the field of education.\u201d<\/em><\/p>\n

TinyTap was able to secure an additional $8.5m funding round<\/a> despite tightening lending conditions after the Silicon Valley Bank collapse. This additional money will go towards hiring and product development.<\/p>\n

\"TinyTap\n<\/picture>\n<\/a>
Empowering educators to earn creator royalties for the first time
Image Credit: TinyTap<\/figcaption><\/figure>\n

What is TinyTap<\/strong><\/span><\/h2>\n

It is a code-free platform that allows educators to create and distribute educational content. The Tel Aviv-based company leverages blockchain technology to give educators royalties for their content as well.\u00a0 This approach has been a huge success. the platform has managed to become \u201cthe world\u2019s largest library of games by teachers.\u201d<\/em><\/p>\n

As Web3 technology becomes more prevalent in our lives, companies such as TinyTap will undoubtedly help revolutionize how we educate as well.<\/p>\n

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All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n

This article is educational material.<\/em><\/p>\n

As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n

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Evan<\/a><\/p>\n

Evan is a New Hampshire-based real estate developer interested in how Web3, specifically the metaverse, DeFi, and play-to-earn gaming, will provide new opportunities for passive income investors. He enjoys skiing, spending time with his family, and endlessly scrolling Crypto Twitter.<\/p>\n<\/div>\n<\/section>\n

Read More<\/a>
\n Marquis Kazmierczak<\/p>\n","protected":false},"excerpt":{"rendered":"

TinyTap is onboarding a new demographic to Web3\u2013 kids! The education technology startup raised $8.5m from Animoca Brands to help expand its business. What is TinyTap doing with education and NFTs? Using NFT technology to disrupt the education industryImage Credit: TinyTap What is TinyTap\u2019s Web3 strategy? TinyTap successfully launched an NFT collection in Nov 2022. […]<\/p>\n","protected":false},"author":1,"featured_media":642205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[534,1568,122056],"tags":[],"class_list":{"0":"post-642204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-financial","8":"category-proves","9":"category-tinytap"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=642204"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/642205"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=642204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=642204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=642204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}