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  • Textbook publisher: NFTs will let us squeeze even more money out of students

    4 days ago - By The Verge

    Photo by Amelia Holowaty Krales / The Verge
    Textbook publisher Pearson suggests blockchain tech could let it take a cut of secondary textbook sales, capturing a section of the book market that's so far escaped it. As quoted by Bloomberg , Pearson CEO Andy Bird believes non-fungible tokens, or NFTs, could help publishers make money off textbook resales, although he stopped short of describing concrete plans.
    “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...
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