National Lampoon chooses Aspen to drive NFT strategy — creating a new home for comedy in Web3

Aspen powers National Lampoon’s crash landing in Web3

Aspen synthesizes National Lampoon’s IP agreements with blockchain-based tokens to produce NFTs with or without customizable terms and conditions. Furthermore, Aspen asks buyers to agree to the terms of each acquisition event – ​​to ensure they are enforceable throughout the lifetime of the NFT.

NEW YORK (PRWEB)
27 September 2022

National Lampoon, the comedy institution first launched as a magazine spinoff of Harvard University’s Harvard Lampoon, has chosen the NFT platform, Aspen, to power its recently announced web3 initiative, marking the cult classic comedy house’s entry into web3.

Earlier this month, National Lampoon announced its partnership with Non Fungible Films, sparking interest in soon-to-be-released NFTs and other web3-focused projects based on the famous Lampoon’s IP.

Aspen’s powerful, enterprise-grade and consumer-friendly publishing and transaction engines enable National Lampoon to merge its existing legal contracts – including copyright, trademark and royalties – with NFT smart contracts, unlocking their rich historical IP library and providing new ways to revive their irreverent classics for audiences old and new.

“National Lampoon is focused on being as disruptive today as it was in its early years, and that’s why we

democratizing comedy using Web3. Connecting artists and fans through our creative hub is critical to our success, which is now possible thanks to our partnership with Aspen. By working with the team at Monax Labs and their NFT platform, Aspen, we’ll be able to leverage everything National Lampoon stands for—then and now—for new IP investment and fan support, empowering our creators to become the premier comedians in web3,” said Harsharn Singh of National Lampoon NFT.

To date, the entertainment industry has struggled to implement compelling web3 initiatives due to various ownership constraints such as the inability to incorporate terms of use and services directly into NFTs and associated transactions. As a result, fans and consumers have little to be excited about as studios and content houses are unable to offer memorable or differentiating media experiences tied to protected IP, leaving them on the sidelines while consumer brands like Gucci and Tiffany create new NFT-driven revenue streams.

Aspen’s robust technology synthesizes National Lampoon’s existing IP agreements with blockchain-based tokens to produce NFTs with or without customizable terms and conditions. Furthermore, Aspen’s transaction platform asks buyers to accept the terms and conditions of each acquisition event – ​​to ensure that these terms are enforceable throughout the lifetime of the NFT.

“National Lampoon’s brand is legendary. We are excited to work together so consumers can experience their new and existing titles via NFTs while addressing IP and royalty claims.” said Casey Kuhlman, CEO of Monax Labs. “The NFT format represents the first real opportunity for brands to package and sell digital content and experiences as a consumer product, our partnership will demonstrate the value of media ownership via NFTs.”

National Lampoon’s digital revival is positioned to revive their reputation for rebellion and create a new home for comedy in the web3. Designed as an all-access pass for avid fans, creators, and early adopters, their origin collection, Poison Pill, launches on October 26th.

For more information, contact Tara Hayes at [email protected].

About National Lampoon

NL Studios is the Web3 studio behind the most popular comedy series in American history. Founded over 50

years ago by four Harvard students, National Lampoon became the most disruptive and prominent force

in comedy, pushing the boundaries of what it meant to be subversive, satirical, absurdist and relevant.

Today, NL Studios honors that tradition by moving to a more decentralized model that puts creators first

approach, empowering the next generation of disruptive comedians and their artwork.

NL Studios’ first project, Poison Pill NFT, launches on October 26, 2022. Early partners include Monax Labs,

Non-Fungible Films, and LBI Entertainment’s Mason Eways. The venture is led by veteran producers Raj

Singh and Kevin Frakes, along with Web3 expert Harsharn Singh. Its advisors include j1mmy.eth,

Jeremy Drane, Cameron Moulene and Gavin Gillas. Visit NLStudios.io or follow us on Twitter

@nationallampoon and @giftpillen for more information.

About Aspen

Unlock Web3 with Aspen: a revolutionary NFT coining, administration and transaction platform with

integrated legal contract. Built by web3 infrastructure studio, Monax Labs, Aspen offers new

avenues for individuals and organizations to protect and enforce digital property rights by synthesizing

existing IP and legal contracts into NFT transactions.

Aspen’s robust technology stack delivers an unparalleled collection of enterprise-class NFT and legal technology tools to

empower brands, businesses, creators and enthusiasts to engage with NFTs on their own terms – legal or

else. Learn more or follow along on social media:

Twitter: @aspenft

LinkedIn: @Monax Labs

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