Paperchain

Paperchain developed the first collateral-backed loan product for streaming media, allowing digital media creators and rights-holders to access their streaming revenues from platforms like Spotify and Apple Music on demand rather than waiting months for royalty payments. The company was founded in 2017 by Daniel Dewar (CEO) and co-founder Rahul, originally based in London and later operating in Australia and the US. Paperchain raised approximately $2 million in funding and successfully paid out over $1 million in royalties to more than 4,000 artists before closing around early 2024. The paperchain.io domain is now a blockchain content blog unrelated to the original company.