Pearson plans to sell its textbooks as NFTs
Educational publisher’s move into non-fungible tokens is intended to claw back some of the income lost to secondhand sales
Textbook publisher Pearson plans to profit from secondhand sales by turning its titles into non-fungible tokens (NFTs), its chief executive has said.
Educational books are often sold more than once, since students sell study resources they no longer require. Publishers have not previously been able to make any money from secondhand sales, but the rise of digital textbooks has created an opportunity for companies to benefit.