3/13/2023 0 Comments Jumpcut studios stockBecause what I've been reading, and correct me if I'm wrong, it doesn't seem to be curated towards a specific race or region. So we are using data to reimagine the way films and TV shows are developed, specifically with the goal of elevating fresh voices and stories.ĪLEXANDRA CANAL: Yeah, Kartik, it's a really interesting concept, but I do have a question about the algorithm. And there's a cost to audiences of the sequel culture and lack of fresh original stories. In fact, I know Ali recently covered the McKinsey Report that showed that there's a $10 billion cost of poor Black representation alone. There's a social cost, Hollywood hasn't been particularly inclusive historically. It's, of course, no secret that Hollywood is an old boys club for the most part, where a few execs in a room make decisions largely based on gut and personal networks, who knows who.Īnd there's a cost of that kind of decision-making. We're trying to create a more inclusive era of global film and TV, and using data to do that. KARTIK HOSANAGAR: Yeah, sure, Jared, Ali, thanks for having me. I just want to begin, can you tell us about your company and what you do and how you came up with this idea? For that, I want to bring in the Jumpcut CEO Kartik Hosanagar and Ali Canal, or is it Alexandra Canal. Atomic back Jumpcut uses data to promote diversity in films, and some of their collaborators have worked on some pretty big projects, including "Pulp Fiction," "Good Will Hunting" and the list goes on. JARED BLIKRE: Welcome back to Yahoo Finance, I'm Jared Blikre. Our collaborators include global streamers such as Disney, and leading producers such as Amblin, SB Projects, Oscar-winning producer Lawrence Bender, and others.Jumpcut CEO Kartik Hosanagar joins Yahoo Finance Live to discuss how his company is using data to advance diversity in film. We connect writers and creators with audiences to build premium storytelling brands in which our community has creative and financial co-ownership. Jumpcut is expected to release NFT collection size details and additional strategic partnerships in the coming weeks on Twitter and its Discord channel, accessible exclusively through the official UTC website, .įounded in 2019, Jumpcut is a Web3 entertainment company that collaboratively creates narrative IP with communities. As the story progresses, scripted live-action videos featuring dynamic fight scenes will deliver a jolt of adrenaline and tasks for the week from some of Hollywood's greatest action performers recognizable from several global blockbuster hits. Over a 10-week season, heroes will be trained by senseis, given new quests and separated into three Domos led by real Hollywood stunt performers. Uppercut NFT holders will receive a unique 3D PFP of their action hero ready to be utilized across the metaverse and powered by native artwork from Unreal Engine in partnership with creative direction studio, HaZimation. Uppercut Training Club is set to unleash an inclusive action metaverse of generative heroes on the blockchain with diverse faces, shapes, genders, and colors that reflect today's world, rather than the narrowly defined Johns (Wick, McClane, Connor, Rambo) and Jacks (Reacher, Ryan, Sparrow, Bauer) of recent cinema. "Through Uppercut Training Club, we're decentralizing and democratizing Hollywood by tapping into the power of web3 to create community-driven narratives and allow creators and fans to collaborate in the adrenaline-pumping stories they want to see." "The conventional approach to storytelling leaves us fans as mere consumers of stories - the last to see the content and with no participation in the creative process," expressed Kartik Hosanagar, CEO of Jumpcut and professor at The Wharton School. Starting on August 30, UTC members will mint their 3D fighter to become a hero inside a collaborative story universe to train with real martial artists including Gemma Nguyen (Everything Everywhere All At Once,) Travis Wong (Bullet Train) and Gui DaSilva-Greene (Avengers: Endgame.) Through the power of community-driven storytelling, Uppercut Training Club members will both craft and take part in the ownership of the next action hero franchise, suitable for films, graphic novels, podcasts, video games and more. Jumpcut, a tech-first entertainment company that collaboratively creates narrative IP with communities, announced the official mint date for the NFT Genesis collection of Uppercut Training Club, interactive storytelling and martial arts gaming experience designed by top Hollywood creatives, including Kevin Tancharoen (Book of Boba Fett, Mortal Kombat: Legacy) and Stephanie K. Get inside Wall Street with StreetInsider Premium.
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