Will Bitcoin Price Peaks Lead to More Crypto-Only Music Events?
As cryptocurrency attracts new interest, the effect has ripples through the festival landscape. Soaring prices and ever-growing ease of use are causing a rethink of how festivals deal with fans and payment. The question being raised throughout the music tech community is simple: Might increases in the price of Bitcoin pave the way for a new era of crypto-only festivals for the live music industry? With the continued penetration of cryptocurrency across different sectors, the space of live entertainment is seeing a quiet revolution. While mainstream adoption is low, interest in cryptocurrency applications for tickets, payment for merchandise, and even activity behind the scenes keeps rising steadily.
Several festivals and future…
