pNFT Staking

Welcome to the Web3 world, where digital finance and applications are shown in a revolutionary way through the fusion of blockchain technology, cryptocurrencies, and a pioneering spirit. Are you overwhelmed by the wealth of terms in the Web3 world that you don’t understand? Are those slang barriers for you to learn about Web3? Don’t worry! We’re here to explain the obscure terms to guide your learning. Today, we're diving into an innovative development in the world of Web3: pNFT Staking.

pNFT Staking is an innovative mechanism that empowers owners of Publisher NFTs (pNFTs) to boost their revenue share from educational courses tokenized on the blockchain. A Publisher NFT represents the publishing rights to a specific educational course, allowing holders to earn a share of the revenue generated by that course. pNFT Staking introduces a layer of gamification and financial incentive, where users can stake specific assets to increase their earnings from these courses.

In the latest season of Publisher NFTs, TinyTap has introduced a new staking program specifically designed for Genesis NFT holders. By staking Golden Backpacks and Silver Notebooks, users can significantly amplify their revenue share, creating a compelling opportunity for co-publishers to maximize their returns. The staking program offers a unique bonus pool of $130,000 USD, exclusively available to Season 2 Co-Publishers.

Source : OpenCampus gitbook

1. Acquiring pNFTs:

To participate in pNFT Staking, users must first acquire Publisher NFTs during the minting process. These NFTs are sold as Surprise Packs, each priced between 748–880 EDU tokens, depending on the community's success in unlocking deposit milestones.

2. Staking Assets:

Genesis NFT holders can stake Golden Backpacks and Silver Notebooks to boost the revenue share of their Publisher NFTs. The staking process is designed to be flexible, allowing users to mix and match their staking assets based on the rarity of the pNFTs they hold. For instance, 1 Golden Backpack can be equivalent to 4 Silver Notebooks, and these can be staked across multiple Publisher NFTs to optimize earnings.

3. Revenue Boost Multipliers:

The staking multipliers are inversely proportional to the rarity of the pNFTs, meaning that even if a user holds lower-tier NFTs like Uncommon pNFTs, they can still enjoy a higher revenue boost. This design ensures that all participants, regardless of the rarity of their NFTs, have the potential to significantly enhance their earnings.

4. Claiming Rewards:

Revenue earned from staked pNFTs can be claimed monthly, starting from December. Users will need to complete a KYC process before claiming their rewards. The revenue shares continue to accrue each month, providing a steady stream of income for pNFT holders.

Source : OpenCampus gitbook

1. Enhanced Earnings:

pNFT Staking allows co-publishers to maximize their revenue share by leveraging the staking assets they hold. The potential to boost earnings by up to 12x makes this an attractive proposition for NFT holders.

2. Incentivized Participation:

The staking program not only rewards early adopters and Genesis NFT holders but also encourages community participation by offering significant financial incentives. The collaborative nature of the deposit phase, where discounts are unlocked based on collective deposits, further strengthens the community spirit.

3. Flexibility and Accessibility:

The ability to stake various combinations of assets provides flexibility for participants, allowing them to tailor their staking strategy based on their specific NFT holdings. This inclusivity ensures that a wide range of users can benefit from the staking program.

pNFT Staking represents a significant advancement in the Web3 ecosystem, particularly in the realm of educational content ownership. By enabling co-publishers to boost their revenue share through strategic staking, this program not only enhances the value of Publisher NFTs but also strengthens the connection between content creators, co-publishers, and the broader community. As Web3 continues to evolve, innovative mechanisms like pNFT Staking will play a crucial role in shaping the future of digital content and decentralized finance. Stay tuned for more developments as we continue to explore the endless possibilities of the Web3 world.