Jambb turns laughs into non-fungible tokens (NFTs).
The comedic collectibles startup has raised $ 3.5 million to create a comedian-focused NFT marketplace on the blockchain Flow, the company said on Wednesday.
The increase was led by Arrington Capital and Animoca Brands and included investments from developer Flow Dapper Labs, ParaFi Capital, LD Capital, Signum Capital, NextView Ventures, Ascensive Assets and Waterdrip Capital.
Jambb Market will host collectibles of jokes, sets and memorabilia from various comedians. The Boston-based startup says its market will resemble Dapper Labs’ NBA Top Shot by offering video collectible packs of varying lengths, a representative at CoinDesk said in an interview.
The company hosted the first NFT comedy show in July – “Non-Fungible Jokin ‘” – which featured content from comedians Pete Holmes, Maria Bamford, Zainab Johnson and Beth Stelling.
– Jambb (@JambbApp) August 1, 2021
His next headliner will be Hannibal buress, all of which from October 13 will be reused in various digital collectibles.
Like many musician-focused NFT markets that have emerged in recent months, Jambb believes it can help comedians recover from the financial hardships caused by the pandemic, in addition to creating new ways for comedians to connect more personally. with their fans.
“Several comedians mentioned having been on stage 200 times the previous year and zero times last year,” Jambb CEO Alex DiNunzio told CoinDesk in an interview. “When we produced Non-Fungible Jokin ‘in July, the majority of the artists said it was their first time in front of a live audience in over a year. We see Jambb as an opportunity to help comedians create new value from the content they’ve produced while growing their communities. “