Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your experience. Save up to 40% More details

Makers of “Silicon Valley” tap on NFTs for user-generated comedy

Cryptocurrency Jun 20, 2022 04:00PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
Makers of “Silicon Valley” tap on NFTs for user-generated comedy

From digital artists to athletes, celebrities, and top brands, the NFT space has continued to attract more players. In particular, the emergence of Web3 and NFTs has infused a new lease of life into entertainment by giving creators an easier way to express their creative instincts.

As more celebrities throng the space, the brains behind the comic play "Silicon Valley" are joining the trend via the launch of an experimental project called "Terrible Pets."

Terrible Pets are Ethereum-based digital collectibles that "turn content itself into LEGO blocks." According to CEO Adam Altman and co-founder Fika Media, holders will have permission to build memeable content online with these LEGO blocks.

The Terrible Pets collection consists of eight anthropomorphic creatures which can be described as "human-like animals with relatable traumas, wrapped in absurdism." And unlike other animal-themed NFTs, it won't be an animal profile picture with randomized visual traits. Rather they are "one liner blocks of performance" that can be arranged randomly to create digital content just like LEGO blocks.

Holders of particular NFTs in the collection will enjoy different benefits within the app Fika is building on behalf of Terrible Pets.

Alec Berg is the executive producer and showrunner of Silicon Valley. He is also a co-founder of the show alongside producers Jonathan Dotan and Bubba Murarka.

Berg opined that the process of creating scripted media hasn't changed much over the years despite the evolution of television and film technology, stressing further that Web3 offers a new way to co-create and collaborate with a wider and more diverse range of audiences.

With the technology, there's potential to actually re-architect the way stories are told and the way they're built. [...] I just think that's super exciting.
He also revealed that the show's co-creator Mike Judge is an angel investor and a potential collaborator for the startup.

Meanwhile, Altman was inspired by the success of the audio chat app Clubhouse during the early days of the pandemic. He amassed a reasonable following on the app and sought to channel the same social energy and gather people from diverse backgrounds with creative content alongside Murarka and Berg.

The tech entrepreneur agrees with Berg on the idea that "the greatest creativity in the world is in the far corners of the internet." He added that "An 8year-old in Indonesia can blow my mind on a Saturday morning, when done right."

Fika intends to use technology in enhancing creative seeds via Terrible Pets with the help of well-funded professionals, thereby making a way for a community to share all kinds of content and improve on existing works.

Continue reading on BTC Peers

Makers of “Silicon Valley” tap on NFTs for user-generated comedy

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email