Jambb, a Boston, MA-based digital comedy collectibles marketplace, raised $3.5m in seed funding.
The round was co-led by Arrington Capital and Animoca Brands, with participation from Dapper Labs, ParaFi Capital, LD Capital, Signum Capital, NextView Ventures, Ascensive Assets, Waterdrip Capital, Danish Chaudhry, CEO of Bitcoin.com Exchange, seasoned crypto investor Ravi Kaza, executive producer Kelly McClurkin, and founder/CEO of Numinous Company, and Azhar Usman (aka “Cryptocomedian from the Future”).
The company plans to use the funds to support content acquisition, expand its blockchain engine, grow headcount, and partner with production teams to create content that offers cuts to fans and splits to creators.
Led by Alex DiNunzio, CEO, Jambb gives fans a chance to actually own rare, exclusive comedy collectibles minted in small batches, and utilize that content in a myriad of ways via the Jambb platform. Jambb’s NFTs will be available on a standalone basis, or as part of a pack comprising an assortment of jokes, bits, sets, or memorabilia in varying tiers of rarity. Once collectors purchase content, they will have the opportunity to create their own gallery on the network, then continue to collect NFTs, with a chance to reap the rewards of their personal gallery in the form of various perks, such as tickets to a show, backstage passes, or even the ability to choose a comedian’s bit for a future show.
In July 2021, Jambb filmed Non Fungible Jokin’™, the first comedy special ever produced and sold on the blockchain. Non Fungible Jokin’ collectibles featuring Maria Bamford (Lady Dynamite), Pete Holmes (Crashing), Zainab Johnson (Upload), Beth Stelling (Girl Daddy), Chaunte Wayans (Tiffany Haddish Presents: They Ready), Adam Ray (Hacks), Ian Edwards (Black Dynamite, Tangerine), and Moses Storm (Arrested Development, I’m Dying Up Here) will be available on the platform, along with other assets from established comedians and rising stars.