Madrid-based Komon announced today that it has closed a $2 million pre-seed round ahead of the launch of its NFT-accessed online creative platform. Komon will allow fans to purchase an NFT to gain access to an exclusive online community for different artists.
Komon was founded by Sebastián Fernández-Medrano, who spent seven years in venture capital, as a former principal at Samaipata, a VC which invests in digital platforms, and computer scientist Manuel Bevilacqua, who worked at the likes of Capchase and Returnly.
“Most of our friends and loved ones are artists and we have experienced firsthand how difficult it is to make a living from their work," the founders said. "That is why we have always wanted to launch a company at the intersection of creativity and technology.”
They see NFTs as an opportunity to give artists verifiable ownership of their work, and make some money from selling NFT key's to join their exclusive "clubs."
Both founders had artistic beginnings: Fernández-Medrano is a trained actor and Bevilacqua was a professional violinist.
Samaipata (Fernández-Medrano’s former company), Adara Ventures, Inveready and Shilling are among the investors, as well as a number of business angels in the Web3 and artist-management worlds.
Fernández-Medrano told Tech.eu that they will make their money by charging commission on the price of the NFTs, and expect to go live in the coming months. The pre-seed funding will be used to hire the team in Europe and the US.
"People pay to be part of the club, and then inside the space, they're gonna have access to different exclusive experiences of many kinds." Fernández-Medrano said. "The beauty of the NFTs is that you can sell them whenever you want, you can rent them out, you can give them to someone as a gift."