Jambb has raised $3.5 million to publish NFT stand-up comedy clips collected on the Flow blockchain, featuring content from Hannibal Buress, Maria Bamford, Pete Holmes and other comedians. market with
In the midst of a booming season for the NFT market, NBA Top Shot is proving that there is a marketplace for trading video clips running on the collectibles blockchain. Now, the Flow blockchain, the same platform on which Top Shot is made, will be used for release. Stand-up comedy video featuring famous comedians Hannibal Buress and Maria Bamford.
Jambb, a crypto startup It was established last year to launch digital collectibles. And today it revealed further plans while announcing a $3.5 million funding round led by Arrington Capital and Animoca Brands. Animoca Brands is a company that leads the growing NFT gaming industry, Dapper Labs, creator of Flow and Top Shot. also participated in this round
Jambb uses the same method as NBA Top Shot, selling video highlights. It can be collected, re-sold, and showcased on flow-enabled markets. The company plans to launch its first NFTs by early November. with prices starting at $19 per pack
In addition to the clip cuts from stand-up comedy, the bundle also includes behind-the-scenes footage clips, scenes shot, and more, in addition, each collectible clip comes with multiple levels of rarity, including the accompanying “exclusive” stand-alone NFT. with privileges such as event tickets or even intellectual property rights
NFT acts like a receipt for rare digital items. This will be certified by the blockchain. The video file is one of those NFTs that can represent art, animation, video game items, online event tickets, and more by the marketplace. The NFT has taken off in early 2021 and has seen an increase in growth over the past few months. Q3 alone represents a record $10 billion in total trading volume.
Jambb’s first packs to be released will feature video highlights taken from the comedy special filmed in July titled Non Fungible Jokin’ featuring comedians such as Bamford, Pete Holmes, Zainab Johnson and Chaunte Wayans. This Hannibal Buress show from today’s Flow Fest streaming event will be tokenized and published to NFT at a later date.
Unlike NBA Topshot, which changes the focus of NBA video footage, Jambb will be shooting original content for the company’s NFT, which the company plans to expand. to the entertainment industry in other categories as well
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