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NEW YORK - Datavault AI Inc. (NASDAQ:DVLT), whose stock has surged over 54% in the past week according to InvestingPro data, announced Thursday the development of its Joke Token technology designed to safeguard comedic content and establish copyright protection for comedians.
The technology will be showcased at a live comedy event on October 11 at Parlays Lounge in West Babylon, New York. The system uses blockchain and AI to mint unique digital tokens for original jokes while recording audience laughter metrics as proof of authenticity.
According to the company, the technology addresses copyright infringement issues common in the comedy industry by creating immutable records of jokes and enabling monetization through smart contracts.
Professional comedian Kerryn Feehan, who has appeared on Netflix and Comedy Central, stated the technology "gives me an automated means by which I can make an immutable record of the jokes I create, and the copyright protection to which I’m entitled."
The system integrates with Datavault’s Information Data Exchange and uses the company’s ADIO technology to capture real-time audience engagement data, including laughter volume and frequency.
Datavault AI CEO Nathaniel Bradley said the technology aims to turn "ephemeral laughs into lasting revenue streams" in an industry where creators have struggled with inadequate protection for their work.
The global comedy film market is projected to reach approximately $20 billion in 2025, according to data cited in the company’s press release statement.
Datavault AI, headquartered in Beaverton, Oregon, specializes in AI-driven data experiences, valuation, and monetization through its cloud-based platform. With a market capitalization of $443 million, the company shows strong momentum despite current profitability challenges. Discover 15 additional key insights about DVLT with InvestingPro’s comprehensive analysis tools and research reports.
In other recent news, Datavault AI Inc. announced an updated revenue outlook for the fourth quarter of 2025 and fiscal year 2026, following the incorporation of four independent data exchanges aimed at various sectors including real-world assets and political donations. This development is expected to significantly impact the company’s revenue generation in the coming years. Additionally, Datavault AI completed a $6.67 million convertible notes offering, providing a financial boost from institutional investors. In a strategic move, the company has partnered with Nevada radio station 99.7 FM to pilot its ADIO technology, marking its first deployment in mainstream broadcast media. Furthermore, Datavault AI has entered into a collaboration with Korea Aerospace University to pioneer digital pilot verification systems, enhancing aviation credentialing processes. These partnerships and financial maneuvers reflect Datavault AI’s ongoing efforts to expand its technological footprint and financial stability.
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