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The Venture Codex

Medallion

437 Madison Avenue 38th Floor, New York, NY, 10022, United States

Overview

Medallion provides artists with customizable, white-label digital hubs to promote album releases, tour dates, merch drops, sell digital collectibles/NFTs and share exclusive content to foster direct fan relationships. The platform is built on blockchain and allows users to sign in with email or wallet providers such as Rainbow, Coinbase and WalletConnect. Medallion is free for artists to use but takes a percentage of all sales on the platform (the fee rate was not disclosed). About 20 artists are currently using the platform, including Jungle, Greta Van Fleet, Illenium, Disclosure, Mt. Joy and Sigur Rós. The company plans to introduce new member benefits and early-access features—like prerelease listening, presale tickets, video premieres—and enable new exclusive digital collectibles and Shopify integrations for physical sales. Medallion intends to expand availability to a few hundred more artists in 2024 and does not expect to be widely available until 2025 or later.

Total raised
$14M
Funding rounds
1
Latest round
Series A
Latest activity
Dec 2023

Industries

  • Blockchain
  • Media and Entertainment
  • Music
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Recent funding

  1. Series A

    Dec 2023

    $14M

Team