In today's digital era, the education industry is undergoing unprecedented changes. As the first participant of OpenCampus, TinyTap is the pioneer of this change. TinyTap is not only a code-free educational content creation platform, but also a bridge between creators and learners. This article will delve into the background of TinyTap’s project, the role of the EDU token and its economic model, and the potential of the project in the education market.
TinyTap Project Overview
TinyTap, with its user-friendly interface and powerful features, allows users to easily create their own educational content and classes. To date, TinyTap has produced more than 250,000 interactive lessons and ranks among the top 10 grossing children’s mobile apps on the App Store and Google Play. It has a user base of more than 9 million households, has more than 100,000 creators, and has established partnerships with many well-known publishers such as Sesame Street and Oxford University.
The success of this code-free creation platform has made TinyTap one of the leaders in user-generated content in the $5 trillion education market. Users can not only create unique educational content through TinyTap, but also share and disseminate the content, thereby promoting the popularization and innovation of education.
Functions of EDU Token
As an important part of the TinyTap ecosystem, the EDU token has multiple key functions:
Revenue sharing: EDU tokens will pay revenue sharing to content creators and co-publishers, ensuring that creators can obtain reasonable benefits from their works.
NFT casting: Users can cast educational content into NFT, giving it uniqueness and value, further promoting the circulation of digital assets.
Open Campus Payment: EDU tokens can be used to deposit and withdraw from the education platform of Open Campus partners, simplifying the payment process and improving user experience.
Governance voting rights: Users holding EDU tokens will have the voting rights to participate in governance and be able to provide opinions and suggestions on the future development direction of the platform.
EDU token economic model
The EDU token is a BEP-20 token based on BNB Chain with a fixed supply of 1 billion tokens. Its allocation model is as follows:
Binance Launchpad: 5% (50,000,000)
Operating expenses: 4% (40,000,000)
Liquidity: 10% (100,000,000)
Early contributors: 7.5% (75,000,000)
Ecological Fund: 25% (250,000,000)
Treasury: 10% (100,000,000)
Strategic sales: 13% (130,000,000)
Consultants: 15.5% (155,000,000)
Team: 10% (100,000,000)
This reasonable distribution mechanism ensures the balance of interests of all parties and lays the foundation for the sustainable development of the project.
Project Highlights
In the education track, TinyTap’s plan is particularly rare and has attracted a large amount of traffic from outside the circle. Its huge user base and strong content creation capabilities make it stand out in a highly competitive market. As the education industry's demand for digital transformation continues to increase, the solutions provided by TinyTap will bring convenience to more educators and learners.
Support from investment institutions: TinyTap’s success is inseparable from the support of many investment institutions. The list of Launch Partners officially announced by OpenCampus includes, in addition to Animoca Brands, The Sandbox, Mocaverse, Binance’s pre-IEO project Hooked, and participating investors Highstreet. The endorsement of these well-known investment institutions not only provides financial support for TinyTap, but also provides a strong resource guarantee for its future development.
the power of community
TinyTap has an active community with more than 23,000 community members, and 10,000 users have gathered on the Discord platform. These community members are not only TinyTap users, but also participants and promoters of project development. Through the power of the community, TinyTap can quickly collect user feedback, conduct product iterations, and optimize user experience.
in conclusion
The launch of TinyTap and its EDU token marks an important step in the digital transformation of the education industry. With its powerful content creation platform and huge user base, TinyTap is expected to occupy a place in the future education market. With the gradual promotion of EDU tokens, more educators and creators will be able to participate in this potential ecosystem and jointly promote the innovation and development of education.
In this era of rapid change, TinyTap is redefining the future of education in its own unique way. Whether as a creator, learner, or investor, TinyTap will be a project worth paying attention to.