TinyTap Challenges Education System and Goes Web3
Resource scarcity, insufficient funding, a lack of comprehensive feedback - these are the salient issues plaguing educators globally. Aiming to revolutionize education is TinyTap - a subsidiary of Animoca Brands.
TinyTap is a pioneering educational platform, home to the world's largest decentralized, independent collection of interactive games crafted by teachers. Its cardinal mission is to forge an alternative digital education system, wholly owned by educators and the community.
TinyTap initially emerged as a Web2 project, transmuting screen time for children into an interactive and captivating educational experience. Over 200,000 games devised by teachers have not only captured the hearts of children and parents, but have also been incorporated into the educational programs of thousands of schools globally.
TinyTap initially emerged as a Web2 project, transmuting screen time for children into an interactive and captivating educational experience. Over 200,000 games devised by teachers have not only captured the hearts of children and parents, but have also been incorporated into the educational programs of thousands of schools globally.
The subsequent phase in TinyTap's evolution, promoting the decentralization of education, was marked by the launch of the TinyCourses Publisher NFT in October 2022. The collection encapsulates 12 unique digital courses tailored for preschool and primary school students. These include enchanting fairy tales and children's melodies, explorations of sensory organs, everyday skills, colors, the fundamentals of English, mathematics, and more. As of the time of writing, the market capitalization of this pioneer educational collection stands at 257 ETH.
Educational NFTs from TinyTap Source: https://blog.tinytap.com
The Publisher NFT denotes a novel and transformative approach to education, one that backs educators and assures deserving compensation for their endeavors. 20% of each sale is shared between TinyTap and the creators of the content, offering a substantial incentive for further propagation of digital learning mediums.
Since inception, TinyTap has worked to free educators from the limitations of traditional education systems and inadequate budgets… We empower educators to create engaging learning activities, that can reach millions of kids directly, and that enables them to earn based on the success of their creations,asserts Yogev Shelly, CEO of TinyTap.
TinyTap's innovative approach to education Source: https://blog.tinytap.com
The Publisher NFT represents a successful initiation of TinyTap's transition towards Web3. The roadmap of the project includes the creation of at least 1000 new educational programs in the NFT format, the launch of TinyTap's native token for community governance and staking, and partnerships with Web2 platforms to publish their work and foster decentralized education. Notably, TinyTap is already collaborating with Sesame Street and Oxford University Press.
In order to bring these ambitious plans to fruition, the platform secured an investment of $8.5 million in late April from Polygon, Sequoia China, Liberty City Ventures, GameFi Ventures, and other investors.
Having already succeeded in building a Web2 education platform, TinyTap is now supercharging its efforts using NFTs, making it possible for educators to better 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,states Yat Siu, the co-founder of Animoca Brands and angel investor.
