By Sukanya Ganesh — Jul 24, 2023

🎭 Creating Comedy With Blockchain

Terrible Pets - upcoming Web3 project featuring Hollywood comedic veterans

Today's Highlights

Terrible Pets - user-generated comedy on Ethereum

Blockchain events - upcoming events in the blockchain/web3 world.

In Other News - a few interesting developments we're tracking.

Terrible Pets - user-generated comedy on Ethereum

The NFT wave is changing and speeding up the entertainment industry's growth. They provide artists and production houses with an alternative revenue stream and, more crucially, a new way to share their work with the audience while making it a terrific, cutting-edge marketing concept. Because the industry is still in its initial stages, early adoption by the entertainment industry strongly indicates that this interactive technology is becoming mainstream and will be a big deal in the near future.

The project Terrible Pets, which features Hollywood veterans such as Alec Berg and Mike Judge, will offer NFT-based tools for creating memes and viral content. The NFT holders can create, share and benefit from their memes. While the project is based on Ethereum, it differs from other popular NFTs such as Bored Ape Yacht Club, Cool Cats, and Okay Bears since it does not function in the same way. Terrible Pets NFTs are compared to LEGO bricks in which the users assemble and build shareable social content from pre-existing content blocks.

The eight anthropomorphic creatures that make up Terrible Pets' cast are described as "human-like animals with relatable traumas, wrapped in absurdism." Terrible Potatoes is the first collection from the Terrible Pets ecosystem. It is a limited collection of 707 customizable genesis NFTs that serve as an early access pass to the TP ecosystem and a sub-community of early adopters who can help drive the direction of future projects in the Terrible Pets universe.

The team has developed a Terrible Pics mobile app for dropping stickers of characters. Web3 and NFTs are spawning new and exciting frameworks for creators and their audiences. The entertainment industry is experimenting with Web3 content development, revenue generation, marketing, and much more, and the byproducts are proving to be quite interesting.