Animoca Brands holds portfolio investments worth $1.5 billion in crypto and blockchain gaming across 340 companies. TinyTap was founded in 2012 and has raised $13 million from investors including Aleph Venture Capital, Inimiti, Reinvent VC, Omega Group Enterprises, Radiant Ventures HK, and others.
The Tel Aviv, Israel-based company is apparently one of the world’s largest educational games libraries. It offers around 200,000 activities from educators and publishers, including Sesame Street and Oxford University Press. It is a platform that enables educators to create and post content – a model known as user-generated content (UGC) – while earning a usage-based share of the revenue.
Animoca Brands recently announced the acquisition of TinyTap. They two have now just revealed the launch of “Publisher non-fungible tokens” (NFTs). Each Publisher NFT is linked to a bundle of educational games and other interactive activities created by teachers on TinyTap’s platform. Six Publisher NFTs will be auctioned on OpenSea starting at 11 p.m. (UTC) on the 2nd of November 2022.