- Adim is a new Web3 entertainment company from actor and creator Rob McElhenney.
- The startup will use decentralized writers rooms to develop IP and then share in future royalties or revenue with NFT-holding co-creators.
The Web3 world is built on a decentralized, collaborative ethosand its pulling in creators from traditional media industries who want to try something new. Now, actor and filmmaker Rob McElhenney from hit TV series Its Always Sunny in Philadelphia aims to use the tech to co-create content and share in the potential royalties ahead.
Adim is McElhenneys new entertainment-tech company, which will see the Always Sunny and Mythic Quest co-creator and star work alongside emerging creators to develop new characters and story ideas. The Adimverse will span original IP created by the participants, and those co-creators will benefit from future entertainment projects that tap into that IP.
Every beloved character throughout TV, movie, and gaming history has been imagined and brought to life through collaboration, said McElhenney, in a release. Adim is building for the next evolution of these groupscommunities of creators, writers, artists, designers, developers, fans, and friends working together to create and own a new generation of content.
In the initial format, 100 creators will be chosen from all applicants to join a virtual writers room with Adim co-founder and Co-Chairman McElhenney plus TV writer Keyonna Taylor. At the end of each session, all participants will receive a Core Character NFT that conveys a share of ownership over the IP that was developed in that cohort.
Ultimately, owners of those non-transferrable NFTs will be eligible to receive royalties or revenue share from any projects that use their co-created IP. While the Adimverse website doesnt specifically note which blockchain network will be used for the NFTs, it mentions gas fees (the costs associated with transacting on the Ethereum network) and cites Ethereum wallets like and Rainbow.
An is a blockchain token that serves as a proof of ownership to an item, and often represents digital goods like profile pictures, artwork, collectibles, and video game items. They can also work like ownership shares, as in this example and otherssuch as rapper Ice Cubes BIG3 basketball league selling team ownership shares via NFTs.
Adim has raised $5 million in seed funding in a round led by VC firm Andreessen Horowitz. General Partner Chris Dixon tweeted about the funding today.
Blockchains are social mediums. Composability gives artists the power to take assets & information generated by NFTs or protocols and use them anywhere on-chain, Dixon wrote, in part. Adimverse community members could fork characters created by users and build outward from the original Adim universe.
Alongside McElhenney, Adim was co-founded by serial entrepreneur Richard Rosenblatt alongside Chase Rosenblatt, Melissa Kaspers, and Spencer Marell. Richard Rosenblatt is also co-founder of Autograph, a sports and entertainment NFT company that includes NFL quarterback Tom Brady as a fellow co-founder.
Adims board of advisors includes McElhenneys wife and Always Sunny co-star Kaitlin Olson, as well as actor Ryan Reynolds, who co-owns Welsh soccer team Wrexham A.F.C. with McElhenney.
This isnt the first Web3 project to take a stab at collaborative creation with an NFT component. Archie Comics, for example, recently revealed an Archieverse project that lets NFT owners take part in a large-scale writers room to develop comic book stories.
Lost Children of Andromeda, meanwhile, lets NFT collectors develop characters that may be used in author Jason Michael Primroses future sci-fi novels. Likewise, The Gimmicksa project co-created by the studio of actress Mila Kunisis a wrestling-themed animated series that lets NFT owners develop character and story details for the show.
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