College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology’s ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including the publishers of college textbooks.

Pearson, which said in 2019 it would focus on digital textbook sales, wants a piece of the action. “In the analogue world, a Pearson textbook was resold up to seven times, and we would only participate in the first sale,” CEO Andy Bird told Bloomberg this week. “The move to digital helps diminish

→ Continue reading at Engadget

Similar Articles


Most Popular

Was ‘Don’t Worry Darling’ Helped by Offscreen Scandals? Of Course! They Made the Movie Sound Like a Tabloid Soap Opera

We live in an age when all kinds of behavior that was once not thought of as scandalous is now scandalous. Yet the...

At the Laver Cup, Federer, Djokovic, Nadal and Murray Make Team Europe Formidable

Team World has never won the cup, and now it will face the rare dream team of Novak Djokovic, Rafael Nadal, Andy Murray and...

Laver Cup Live Updates: Federer- Nadal Doubles Showdown Goes to Final Tiebreaker

One of the more quotable people in tennis, Ivan Ljubicic, has very rarely been quoted in recent years, preferring to focus his communication skills...