• bitcoinBitcoin(BTC)$20,097.00-4.44%
  • ethereumEthereum(ETH)$1,116.31-8.78%
  • tetherTether(USDT)$1.000.120%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • binancecoinBNB(BNB)$219.87-8.02%
  • binance-usdBinance USD(BUSD)$1.000.020%
  • cardanoCardano(ADA)$0.470-4.45%
  • rippleXRP(XRP)$0.328-6.27%
  • solanaSolana(SOL)$34.92-11.69%
  • dogecoinDogecoin(DOGE)$0.066-8.18%
  • News
    • Press Releases
  • Markets
  • Articles
    • Opinion
    • Guest Posts
  • Policy
  • Videos
  • Podcasts
  • Learning
    • DeFi Basics
    • Blockchain Bitesize
  • Research
    • Case Studies
  • Explore
    • NFTs
    • DAOs
    • Crypto Gaming
    • Crypto Metaverses
  • Markets Pro
    • DeFi Planet Pro
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet (Home of Blockchain, Crypto & DeFi)
  • News
    • Press Releases
  • Markets
  • Articles
    • Opinion
    • Guest Posts
  • Policy
  • Videos
  • Podcasts
  • Learning
    • DeFi Basics
    • Blockchain Bitesize
  • Research
    • Case Studies
  • Explore
    • NFTs
    • DAOs
    • Crypto Gaming
    • Crypto Metaverses
  • Markets Pro
    • DeFi Planet Pro
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet (Home of Blockchain, Crypto & DeFi)
No Result
View All Result
Home News Latest News

Animoca Brands Acquires Tinytap, The Leading Platform For User-Generated Educational Content For $38.9 Million

17 June 2022
Reading Time: 2 mins read
103 6
Animoca Brands Acquires Tinytap, The Leading Platform For User-Generated Educational Content For $38.9 Million

source: venturebeat.com

According to a press statement, gaming investment firm Animoca Brands has purchased more than 80% of TinyTap for $38.88 million in cash and shares. 

TinyTap is an educational content technology startup that allows educators to produce and share information—a concept known as user-generated content (UGC)—while receiving a revenue share depending on usage. It was created in 2012. 

According to the announcement by the Israel-based firm, Tel Aviv has the world’s largest educational games library, with over 200,000 activities from educators and publishers.

With the acquisition, Animoca Brands now owns 84.1% of TinyTap.

Animoca reported last week that its investment portfolio was worth $1.5 billion. It secured over $360 million in a fundraising round earlier this year at a valuation of $5.5 billion. 

Animoca stated that it would leverage TinyTap’s technology to create instructional blockchain content. Animoca further stated that it would leverage its new acquisition to establish a platform for blockchain-based educational user-generated content (UGC). 

Yat Siu, co-founder and executive chairman of Animoca Brands, stated, “With our acquisition of TinyTap – a strong and proven leader in the field of UGC education – we will leverage blockchain to make new opportunities available to educators worldwide, allowing them to generate equity from their creations while offering parents enhanced learning opportunities for their kids.” 

In the same press statement, Yogev Shelly, CEO of TinyTap, said, “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 enable them to earn based on the success of their creations. By becoming a part of Animoca Brands, we will leverage blockchain to advance this vision and build a new education system that is independent of schools and governments and that is owned and led by educators themselves. “

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Share63Tweet40Share11
Tezalpreet Dhanju

Tezalpreet Dhanju

Related Posts

Hackers Steal $100 Million from Horizon Bridge in Fresh Attack
Latest News

Hackers Steal $100 Million from Horizon Bridge in Fresh Attack

29 June 2022

Hackers have carted away $100 million in cryptocurrencies from Horizon, a blockchain bridge, in the latest significant theft in the crypto industry. Although there are currently few details about the incident available, Harmony, the company behind Horizon, claims to...

Ex-Sushi CTO Raises $8 Million for Astaria - an NFT Lending Platform
Latest News

Ex-Sushi CTO Raises $8 Million for Astaria – an NFT Lending Platform

28 June 2022

Astaria, a non-fungible token (NFT) lending platform and liquidity engine, has raised $8 million in seed funding to help the company grow during the bear market.  True Ventures, Arrington Capital, Ethereal Ventures, Wintermute, Genesis Trading, LedgerPrime, Hypersphere Ventures, The...

Massachusetts Government Issues A Warning on Crypto Scams Targeted at the LGBTQIA+ Community
Latest News

Massachusetts Government Issues A Warning on Crypto Scams Targeted at the LGBTQIA+ Community

28 June 2022

The Massachusetts government believes that some scammers may create fraudulent crypto projects targeted at defrauding members of the LGBTQIA+ community. Authorities have warned that these scammers may take advantage of June's status as the community's Pride Month.  According to...

Hacker Group, “Anonymous” Promises To Further Expose Do Kwon
Latest News

Hacker Group, “Anonymous” Promises To Further Expose Do Kwon

28 June 2022

Anonymous, a popular hacktivist group, has promised to expose Do Kwon's "crimes" and ensure that he is penalized for them. The group allegedly released a video on Youtube stating that they had plans to uncover and publicize more of...

News Update

Hackers Steal $100 Million from Horizon Bridge in Fresh Attack

8 mins ago

Ex-Sushi CTO Raises $8 Million for Astaria – an NFT Lending Platform

22 hours ago

Massachusetts Government Issues A Warning on Crypto Scams Targeted at the LGBTQIA+ Community

22 hours ago

Hacker Group, “Anonymous” Promises To Further Expose Do Kwon

22 hours ago

Will Cryptocurrency Recover in 2022? What Do Experts Have to Say?

2 days ago

Despite the Challenging Market Conditions, a New Solar-Powered Bitcoin Miner Has Begun Operations

2 days ago

Spotlight

All about SolChicks

All about Algorand

All about Bitcoin

All about Goracle

Press Releases

Equito Finance – Working For the Ethereum Community

Equito Finance – Working For the Ethereum Community

byGuest Author
17 June 2022
0

...

Equito Finance DEX Launches on Testnet

Equito Finance DEX Launches on Testnet

byGuest Author
17 June 2022
0

...

Goracle: Decentralized Sports Betting

Goracle: Decentralized Sports Betting

byGuest Author
20 June 2022
0

...

Load More
  • About Us
  • The Team
  • Careers
  • Contact
  • Advertise

© Copyright 2022 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

No Result
View All Result
  • News
    • Press Releases
  • Markets
  • Articles
    • Opinion
    • Guest Posts
  • Policy
  • Videos
  • Podcasts
  • Learning
    • DeFi Basics
    • Blockchain Bitesize
  • Research
    • Case Studies
  • Explore
    • NFTs
    • DAOs
    • Crypto Gaming
    • Crypto Metaverses
  • Markets Pro
    • DeFi Planet Pro
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Posting....
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00