THELOGICALINDIAN - The burghal of Berkeley is no drifter to the alternativeand beginning This attitude lives on as UC Berkeleys Greek Theatre apparatus up to host Our Music Festival the aboriginal music fest powered by a cryptocurrency
The exciting California burghal of Berkeley is historically associated with beginning and countercultural values. Berkeley will abide this attitude by hosting the world’s aboriginal crypto-powered music festival on Saturday, October 20th. The chosen venue is the allegorical Greek Theatre at the University of California, Berkeley. Officially called the Hearst Greek Theatre, the 8,500 accommodation area was opened in 1903 afterwards actuality congenital with funds from newspaper mogul William Randolph Hearst.
Bumpin’ in the Bay
The Bay Area anniversary will advance its own cryptocurrency, OMF Token. The badge “[…] will be redeemable for products, services, and adventures (physical, agenda & virtual) aural the network.”
The website for the Greek Theatre addendum that the badge will be acclimated for a bulk of casework and “branded events.”
The festival’s badge isn’t artlessly acclimated for on-site features. In the future, OMF “[…] hopes to advance technology that will also mitigate admission inflation, counterfeiting and scalping.”
The agency for the one-day anniversary includes Zedd, Big Sean, 3Lau, Matt and Kim, and Charlotte Lawrence. At the time of writing, three of the four accepted acceptance bank tickets accept been awash out, while one out of three VIP bales additionally awash out.
Time Out letters that the anniversary will additionally accommodate a “crypto corner,” area participants can appoint top blockchain companies and apprentice added about crypto.
Crypto Begins to Find its Tune in the Music World
The Berkeley anniversary has the abeyant to set the bar for approaching festivals acquisitive to absorb a crypto-ecosystem. Surprisingly, the behemoth US music festivals like Bonnaroo and Coachella accept yet to embrace crypto — although Indio, California, the home of Coachella, does maintain a adjacent crypto ATM.
Music festivals aren’t the alone affairs area crypto has been spotted. Bitcoinist appear on a Bitcoin (BTC) [coin_price] accession at this year’s Burning Man festival. Alternative and beginning means of re-thinking the cachet quo absolutely serve as a arch amid the crypto association and the anniversary crowd.
Bitcoinist has additionally accounting on the solutions blockchain tech offers the music industry. The technology promises to accord musicians and artists added freedom and ascendancy over their work. Striving to advance affairs amid artists and listeners, a scattering of blockchain-based music platforms accept additionally emerged.
It’s absolutely reasonable to apprehend beyond music festivals to embrace crypto in the near-future. Besides confined as an ecosystem for hosting festivals, crypto additionally embodies the avant-garde and envelope-pushing ethics aloft which art and music festivals are built.
Will you be accessory Our Music Festival in Berkeley after this month? How can crypto transform the concert-going experience, as able-bodied as the music scene? Let us apperceive in the comments below!
Images address of Bitcoinist archives, Time Out!.
