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Why NFT comedies are no laughing matter

Why NFT comedies are no laughing matter

As part of the entertainment industry, the comedy industry has long played by the same rules. Consequently, the problems faced by aspiring comedians have much in common with the problems of would-be actors and musicians on their way to success. Long-dreamed “big break” comics could be a blot this season. Saturday night life or a role in a new comedy by a rising director/writer for a new generation.

But what if comedians didn’t take a long break to start their dream career? What if such opportunities were the gravy to an already successful career, rather than its prerequisite?

This is where NFTs come in.

The biggest pain points of the status quo for comics

First, let’s look at what the current landscape is for comedians. In 2018 Hollywood Reporter it has been claimed that comedians working at comedy clubs in Los Angeles can earn “between $1,250 and $2,000 a week”. Wow! It is very good. Except that such a statement wasn’t close to what the average LA comedian made at the time.

To unleash this so-called “gold rush of comedy”, Vulture sat down with another group of Los Angeles comedians to get a more realistic picture of the average comedian’s earnings. As expected, they found that most of the comedians on stage weren’t making six-figure salaries. Emmy nominee Ian Carmel even went so far as to say that he made “only about $500 performing in Los Angeles.”

This is a far cry from the fictional life of Jerry Seinfeld that we saw throughout the 90s. Most comedians simply cannot afford to live comfortably off the show. Like most other creative people, comedians usually have to diversify their sources of income.

An extremely positive and preferred method of engaging in a skirmish

Want to support a comedian you like? Well, now you can buy NFTs to do just that. In the case of Jambb and its planned decentralized entertainment network, the venture has worked with artists from a wide variety of entertainment industries, including comedy, to provide fans with more engaging and meaningful ways to interact with their favorite artists. As part of the 2021 comedy shows Non-Fungible Jokin, for example, Hannibal Burress took center stage. Clips from which have become available on the Jambb NFT marketplace.

Through the platform, users can collect complete sets of digital memorabilia for their favorite rising comedians. In particular, fragments of their speeches, podcasts and even exclusive access to previously unreleased specials. Jambb focuses on helping users mint and collect clips of their favorite comedy programs and specials in the form of NFTs, which is a refreshing formula that can help young comedians support themselves financially while they take their first professional steps.

Fixing a Broken Model

Among other things, YouTube is known for lowering the entry bar for video artists, especially comics. Since its launch in 2005, the video-sharing platform has been dominated by parody-based comedies. Creators like ProZD, CalebCity, Joel Haver, and many more regularly garner millions of views through content. But there’s a problem: YouTube’s monetization model rewards creators who upload longer content to the platform because the format has a higher likelihood of ad revenue (which is how creators get their share). But comic NFTs could bypass this barrier, potentially allowing anyone with a dash of hilarious ambition to be a comedian.

TikTok is no better either. While the platform can potentially set you up for a lot of brand and affiliate deals, the platform itself can be a bit pushy when it comes to paying out its creators. Got a million views on your latest TikTok? Here’s 20 bucks. Go crazy.

This is not to say that successful creators on these platforms cannot make a living anyway. However, the path to becomes success certainly requires luck, especially in the form of the blessing of the algorithm. So what are comedians still on this journey? Getting to know NFTs can be a start.

non-interchangeable humor

As elsewhere on the Internet, humor is highly valued in the large NFT community. After all, the humor held the community together during the difficult first few months of the cryptocurrency bear market. During this time, the OpenSea charts were filled with streams of absurd projects, most notably the new mainstay of the NFT community, Goblintown.

There are even several figures in the NFT community respected for their comedic performances who have built communities around their comedic sensibilities and general attitude towards the growing space. In between hosting on Radio Rug, kmmoney often expresses community feelings about recent events in the form humorous video sketches on Twitter. Just like a stand-up comedian Leah Lamarr gained prominence in space with her guest spots on the game show Web3 Internet Game, and was also named Artist of the Year by TIMEPieces x Robotos in 2021. Now, in gratitude for the warm welcome she has received from the NFT community, she is embarking on a comedy tour named after the technology.

For comedians, the NFT and the community around them are slowly emerging as yet another alternative to the traditional route for a new comedy career. Social media allows you to build an audience, of course. And in Web3? Even the smallest comedians are able to create a full-fledged community.

Written by khirou

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