Komon Secures $2 Million To Allow Fans To Create Their NFT-Powered Communities

May 30, 2022 | 2 minutes read

Komon, a creative platform allowing fans to launch their NFT communities brings in $2M in a pre-seed round. 

Sebastián Fernández-Medrano and Manuel Bevilacqua co-found Komon, the online creative platform that allows its fans to create the NFTs within Komon to gain access to exclusive communities from their favorite creators. 

Fernández-Medrano’s former company Samaipata, Adara Ventures, Inveready and Shilling were among the investors who participated in the funding round. Moreover, the platform also witnessed the participation of business angel investors in the Web3 and artist-management worlds.

A glimpse into the founder’s background

Sebastián Fernández-Medrano spent 7 years working as a former principal at Samaipata. While Manuel B. worked at the likes of Capchase and Returnly.

Moreover, both the founders have quite very creative beginnings. Sebastián Fernández-Medrano is a professionally trained actor while Manuel B. was an expert violinist. 

Owing to the creative background, the founders shared:

“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,”. They further added, “That is why we have always wanted to launch a company at the intersection of creativity and technology.”

As NFTs could be legitimate investments, people are buying NFTs due to a belief that they would become something quite valuable in the future.

Sebastián Fernández-Medrano whilst sharing his experience with the platform said

“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. 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.”

In an interview with Tech.eu Sebastián Fernández-Medrano shared that the startup will make money by putting a commission on the price of NFTs which are expected to increase in near future. 

Right now with this investment, the startup plans to expand and build its team across Europe and US.