Post
Topic
Board Bitcoin Discussion
Re: Article on how the blockchain is revolutionizing the music industry
by
First.Bitcoins
on 31/08/2015, 17:48:54 UTC

The real benefit of cryptocurrency to musicians is not adding even more layers of middlemen, it's about removing them. Record labels, distributors, rights owners/publishers; all these parasites will be banished to the annals by musicians (and other artists) using cryptocurrency to gain complete independence to do business on their own. Along with the producers, studio owners, mastering engineers etc that technology has already helped to replace.


The article discussed several companies in this space. ArtByte Music Store does exactly what you are talking about. Removing the middlemen and letting artists sell their music for the digital currency direct. Musicians keep 100% of the proceeds. It is free to list, and never are never any fees.

Another article on ArtByte:
http://www.forexminute.com/bitcoin/artbyte-brings-brand-new-website-for-music-downloading-62010


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