Mediachain Statistics and Revenue Totals (2023)
Last Updated on: March 16th, 2023
Here are a few of the most interesting Mediachain statistics I was able to dig up including Mediachain revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Mediachain Facts
- Website: Official Website
- Year Founded: 2016
- Headquarters: New York, NY
- Founder(s): Denis Nazarov, Jesse Walden
- Parent Company: Spotify
MediaChain was a decentralized content attribution platform that used blockchain technology to create a secure and transparent record of ownership and attribution for digital media. The platform was founded in 2016 and was acquired by Spotify in 2017.
MediaChain aimed to address the problem of ownership and attribution for digital media, which has become increasingly difficult to track and verify in the era of online content sharing and distribution. By creating a decentralized database of media ownership and attribution information, MediaChain aimed to provide a more secure and reliable way to track and verify ownership and attribution for digital media.
MediaChain used a combination of blockchain technology and smart contracts to create a transparent and immutable record of ownership and attribution for digital media. The platform allowed content creators to register their work and track its usage and attribution over time, enabling them to better protect their intellectual property rights and ensure fair compensation for their work.
After its acquisition by Spotify, MediaChain was integrated into the music streaming giant’s platform to help improve attribution and royalty tracking for musicians and other content creators. While MediaChain is no longer an independent platform, its technology continues to be used by Spotify and other companies to improve attribution and ownership tracking for digital media.
Mediachain Statistics
Please note that some of these numbers are easier to find than others. A few of these Mediachain statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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