Saturday, August 13, 2022

Textbook publisher: NFTs will let us squeeze even more money out of students - Adi Robertson, the Verge

“In the analog world, a Pearson textbook was resold up to seven times, and we would only participate in the first sale,” said Bird after the company announced its latest quarterly earnings this week. “The move to digital helps diminish the secondary market, and technology like blockchain and NFTs allows us to participate in every sale of that particular item as it goes through its life.” Bloomberg suggests this would mean letting buyers resell ebooks, something that’s so far been a rarity in the publishing world.