Jambb is popping laughs into non-fungible tokens (NFTs).
The comedy collectibles startup has raised $3.5 million to construct a comedian-focused NFT market on the Stream blockchain, the corporate introduced Wednesday.
The increase was led by Arrington Capital and Animoca Manufacturers and included funding from Stream developer Dapper Labs, ParaFi Capital, LD Capital, Signum Capital, NextView Ventures, Ascensive Property and Waterdrip Capital.
Jambb’s market will host collectibles of jokes, units and memorabilia from varied comedians. The Boston-based startup says its market will resemble Dapper Labs’ NBA Prime Shot in providing packs of video-based collectibles of various lengths, a consultant instructed CoinDesk in an interview.
The corporate hosted the primary NFT comedy present again in July – “Non-Fungible Jokin’” – that featured content material from comedians Pete Holmes, Maria Bamford, Zainab Johnson and Beth Stelling.
— Jambb (@JambbApp) August 1, 2021
Its subsequent headliner will probably be Hannibal Buress, whose Oct. 13 set will probably be repurposed into varied digital collectibles.
Like many musician-focused NFT marketplaces which have popped up in current months, Jambb believes it will probably assist comedians recuperate from monetary difficulties attributable to the pandemic, along with creating new methods for comedians to attach extra personally with their followers.
“A number of comedians referenced being on stage 200 occasions the yr earlier than and 0 occasions final yr,” Jambb CEO Alex DiNunzio instructed CoinDesk in an interview. “Once we produced Non-Fungible Jokin’ in July, nearly all of performers stated that was their first time in entrance of a stay viewers in over a yr. We see Jambb as a chance to assist comedians create new worth from the content material they’ve produced whereas rising their communities.”