Web3 fan platform Medallion completed $13.7 million in Series A financing, led by Dragonfly and Lightspeed Faction

Web3 fan platform Medallion announced the completion of a $13.7 million Series A round of financing, which was co-led by Dragonfly and Lightspeed Faction. The platform provides a dedicated digital hub for artists to promote album releases, tour dates and merchandise releases, while selling digital collectibles and sharing exclusive content to deepen connections with fans. Funding from this round will be used to introduce new early access opportunities such as previews of unreleased music and offering pre-sale tickets, as well as other member benefits such as video premieres or new updates. Artists will also be able to sell new exclusive and limited edition digital collectibles/NFTs such as poster bundles and trading cards. ()