JaMarr John Johnson, an Entrepremedian, talks with Scott about how comedians can exploit Web3 and Crypto to make more money, leveraging humor for business opportunities, investing in NFTs and Web3 platforms, creating a community and rewarding customers in capitalism, leveraging comedy skills for keynote speaking, the bonuses of buying an NFT and being part of a comedy community, and creating a top 10 podcast.
Comedians can benefit from Web3 and Crypto by creating their own tokens and turning fans into owners to generate more income.
Comedians should adopt a business mindset and prioritize building strong connections in the industry to create financial success.
Web 3.0 and NFTs have the potential to reshape the comedy industry by democratizing ownership, enhancing community-building, and creating new opportunities for comedians.
Deep dives
The Power of Web 3.0 and Crypto in Comedy
In this special live episode of the How to Write Funny Podcast, host Scott Dickers invites Jamar John Johnson, a veteran stand-up comedian and expert in Web 3, crypto, and the metaverse. They discuss the potential of Web 3.0 in revolutionizing the comedy industry and how it can offer opportunities for comedians to expand their audience, knowledge, and connections. Drawing from his own experiences, Jamar emphasizes the importance of being a business-minded comedian who understands the value of monetizing their craft. They highlight the concept of ownership in Web 3.0, wherein individuals can become part-owners in platforms and profit from their success, unlike traditional social media platforms that keep most of the revenue for themselves and their shareholders. Jamar also shares his journey into the world of crypto and how it can offer significant financial opportunities for early adopters. Overall, the episode explores the exciting intersection of comedy and Web 3.0, showcasing the potential for growth, monetization, and community-building in this evolving digital landscape.
The Importance of Business Savvy in Comedy
During the conversation, Jamar John Johnson emphasizes the significance of having business acumen as a comedian. Drawing on his own experiences and anecdotes from comedy greats like Dave Chappelle, Jamar highlights the need for comedians to understand that comedy is not just about being funny on stage, but also about leveraging their creativity for business opportunities. He shares how valuing himself and his principles led to financial success and discusses the power of creating multiple streams of income as a comedian. Jamar also emphasizes the importance of networking and building strong connections in the industry, as he believes that the network you surround yourself with ultimately determines your net worth. By adopting a business mindset and leveraging opportunities in Web 3.0, Jamar showcases how comedians can transcend the traditional image of the starving artist and create substantial financial success.
Understanding Web 3.0 and NFTs in Comedy
The episode delves into the world of Web 3.0 and NFTs (non-fungible tokens) and how they can reshape the comedy industry. Jamar John Johnson explains the concept of Web 1.0, Web 2.0, and Web 3.0, where Web 3.0 introduces ownership as a crucial component. NFTs are described as more than just digital images; they represent ownership and access to specific communities and opportunities. Jamar emphasizes the value of joining exclusive communities facilitated by NFTs to enhance networking and business prospects. The conversation also touches on the potential for lifetime value and bonuses tied to NFT ownership, allowing creators to reward their community and foster long-term engagement. The decision to host the NFT on rally.io is discussed, highlighting the platform's credibility, user acquisition focus, and absence of high gas fees associated with other NFT platforms. Overall, the episode sheds light on the potential for NFTs and Web 3.0 to democratize ownership, enhance community-building, and create new opportunities for comedians.
The Future of Comedy in Web 3.0
In this forward-thinking discussion, Jamar John Johnson and Scott Dickers explore the future of comedy in the Web 3.0 landscape. They stress the importance of overcoming the stigma surrounding business-minded comedians and, instead, embracing the potential of Web 3.0 to revolutionize the comedy industry. By building networks, leveraging NFTs, and understanding crypto, comedians have the opportunity to expand their reach, monetize their craft, and find new ways to connect with fans. The episode signals a shift in the comedy world, advocating for a holistic approach that combines creativity and business savvy to create lasting financial success and opportunities in the evolving digital landscape.
Benefits of Holding Tokens
Holding tokens in a crypto project like Rally.io can provide weekly dividends to holders based on the percentage of coins held. For example, by holding 20% of a project created by an author and professor, one person received a weekly dividend of $2,500. This income can be used freely, including being spent through platforms like Coinbase Visa cards. This model allows community members to benefit from holding tokens and receive returns that can outperform traditional bank accounts.
Web3, Metaverse, and Comedy
Web3 and the metaverse offer exciting opportunities for comedians and creators. Comedy clubs in the metaverse, accessible through platforms like Oculus, provide virtual comedy shows. Adopting Web3 allows creators to reward their fans and build a wider net of shareholders for their businesses. By launching creator coins and utilizing decentralized finance projects like Rally.io, fans can earn dividends and participate in the growth of the creator's ecosystem. This approach promotes collaboration, direct fan engagement, and financial success for both creators and fans in a more democratized manner.
“Entrepremedian” JaMarr John Johnson talks with Scott about how comedians can exploit Web3 and Crypto to make more money, starting by helping Scott create his “Jim Key” to turn fans into owners.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
