Web3 Studio Toonstar Debuts Animated Comedy Based on FTX’s Dramatic Fall

Web3 Studio Toonstar Debuts Animated Comedy Based on FTX's Dramatic Fall

Sam Bankman-Fried and the story surrounding the collapse of FTX, a bankrupt cryptocurrency exchange he founded, is set to be released as an animated, interactive social comedy by the innovative Web3 studio Toonstar FORTUN3.  

Sam Bankman-Fried is in the headlines once again. This time it is not about the settling of depositor funds but instead, the immortalization of his journey in the cryptocurrency industry in Hollywood. 

According to a recent press release, an animated comedy series, led by comedians T.J. Miller and Jon Heder, will delve into the alleged fraud and bankruptcy faced by the founder of FTX and Alameda Research trading firm.

Alongside the show, Toonstar is launching an artificial intelligence (AI)-powered companion game, allowing players to make life decisions and tackle moral dilemmas that impact the series’ storyline. This unique approach to audience participation showcases Toonstar’s commitment to immersive content development.

Sam Bankman-Fried and FORTUN3’s interactive storytelling

Toonstar FORTUN3 takes a meta-project approach, utilizing blockchain and AI technologies to deliver a one-of-a-kind entertainment experience. The series, slated for release in late fall or early winter, will feature T.J. Miller embodying a character inspired by Sam Bankman-Fried.

By intertwining the animated show with an AI-powered game, Toonstar allows players to shape their character’s development through consequential life choices and moral quandaries. These decisions will allegedly influence the corresponding chapters within the game, ensuring a dynamic and evolving narrative. Furthermore, the game’s AI will generate original characters and digital comic books based on gameplay, enriching the storytelling experience.

Toonstar’s audience-driven content development

Toonstar continues to pioneer audience engagement in content development, according to people familiar with the company. By combining elements of popular games like “The Sims” and “Game of Life,” FORTUN3 offers a novel way for viewers to actively participate in animated series. The company aims to bridge the gap between traditional storytelling and audience involvement, pushing the boundaries of interactive entertainment.

Notably, players will even have the opportunity for their characters to secure a role in the animated series, further enhancing the connection between the digital world and the television screen. Toonstar’s dedication to audience participation significantly shifts how content is created and consumed.

Other players in the realm

In a related development within the Web3 and blockchain space, Laugh Out Labs, a Web3 company focused on humour and laughter, is set to launch the “NFTs Are a Joke” collection. 

The first drop, “It’s Just a Joke,” is scheduled for May 16, 2023. The collection features 52 joke cards showcasing the comedic talents of renowned comedians, including Norman Towns, Ksenia, Clayton Farris, and Mark Serrittella. 

These comedians have appeared on networks such as HBO, Comedy Central, ABC, truTV, BET, Adult Swim, and MTV.

Jareiq ‘JQ’ Kabara and Edward Ponton Jr. founded Laugh Out Labs to bring comedy, culture, and community to the Web3 space while supporting charitable causes. 

The company, spearheaded by industry veterans, plans to donate some of the proceeds from the “NFTs Are a Joke” collection to organizations focusing on mental health, environmental conservation, and social justice. Kabara, known for his work with artists like Janet Jackson and Adekunle Gold, and Ponton, a published songwriter who has collaborated with Cool & Dre and Mase, bring their expertise from the music industry to revolutionize the comedy landscape in the Web3 realm.

Image credits: Shutterstock, CC images, Midjourney, Unsplash.