THELOGICALINDIAN - Cryptocurrencies may not be alone for traders and speculators afterwards all A contempo beachcomber of artists has started all-embracing agenda currencies like Bitcoin
Every day we see new projects advancing out that plan to advance cryptocurrencies and blockchain technology for a specific industry. Most of these projects that use blockchain technology focus on trading, investing, and accounts accompanying platforms and services. But a tiny minority of the cryptocurrency bazaar is aiming to action different casework for artists like designers and musicians.
Many artists currently feel that they are actuality exploited by third-parties and agent by affairs their assignment on their platforms. A British startup alleged Maecenas is aiming to actualize an online gallery, area artists can upload their assignment and users will be able to acquirement it through auctions with cryptocurrencies. The accomplished action will be backed by the blockchain technology in adjustment to ensure abounding transparency across the platform. It’s account acquainted that the adolescent startup has afresh managed to accession over $15 actor through an Initial Coin Offering (ICO), and is planning to absolution its belvedere in 2018. But painters aren’t the alone artists that are benefiting from the blockchain technology, musicians are additionally accepting interested.
A brace of weeks ago news emerged that the acclaimed Icelandic accompanist Bjork would alpha accepting Bitcoin for its new anthology alleged Utopia. According to the report, the accommodation to acquire cryptocurrencies was fabricated afterwards abounding admirers of Bjork requested it. Slovenian DJ Gramatik is additionally a artist that started experimenting with cryptocurrencies. According to a report in Billboard, the DJ started his own cryptocurrency alleged GRMTK and accustomed his admirers to buy his music with it. The capital affidavit abaft this were the aerial affairs costs that added casework have. Through a decentralized cryptocurrency users can anon buy the music from Gramatik, after accepting to pay aerial fees and royalties.
Gramatik added stated:
Experts accept that in the abreast future, we ability see alike added and added artists and added acclaimed bodies that will alpha affairs their assignment through digital cryptocurrencies.
What are your thoughts on Bjork’s and Gramatik’s decision? Do you anticipate that it was a acceptable abstraction for them to alpha to acquire cryptocurrencies for their art? Let us apperceive in the comments below!
Images address of Pixabay
