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

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Textbook publisher: NFTs will let us squeeze even more money out of students
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You could sell your textbook on the blockchain.

Nothing prevents Pearson or any other major publisher from letting people sell ebook licenses using non-crypto DRM. In fact, third-party sellers like Tom Kabinet and ReDigi have been

for years. But publishers have been generally hesitant to open the door to digital resales, especially as they’re trialing methods that give book buyers evencontrol, including subscription services like Pearson Plus — which Bird described glowingly during the earnings call.So what’s changed? Possibly nothing. Pearson hasn’t committed to NFT textbooks, and Bird doesn’t lose anything by spitballing about the future value of a buzzy new technology.

This might be a mixed bag for students. On one hand, some resale opportunity is better than none — which is what people often get with ebooks. On the other, a publisher-controlled resale market will almost certainly be tilted to favor the publisher. Library ebooks havethat require buying new copies after a certain number of checkouts, for instance, and an NFT ebook could have a similarly limited number of resales.

Either way, Bird says Pearson has “a whole team working on the implications of the metaverse and what that could mean for us” — and if they have to earn their keep somehow, I guess NFT books make more sense than

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