Bitcoin, a virtual currency that's pushed the alternative currency movement into high gear, continues its unpredictable growth towards toddlerhood with periodic bumps into the world of music. Beatcoin debuted at the Disrupt Europe Hackathon with an app that can be described as a Bitcoin jukebox for the digital age. Crowdfunding platform Pozible is now accepting Bitcoin for pledges which are then paid out in Bitcoin. In the broader world, the first Bitcoin ATM's hit the streets and BitMonet helps content creators build Bitcoin paywalls.
First Bitcoin Jukebox App
As Beatcoin puts it:
"Want to set up a juke box in your place? It's as easy as downloading an app to your mobile and connecting it to the sound system. We will instantly spin up a site for all your device's titles and allow visitors to vote on the next song with micro payments."
There have been a number of apps that were designed to allow customers to vote via app for songs. This is the first one that I've heard of that's monetizing the voting.
Pozible Accepts Bitcoin
Whether U.S. musicians take to Pozible or not, it's worth noting that they now accept Bitcoin.
Related Bitcoin News
The world's first Bitcoin ATM's are rolling out.
- New Way To Sell Digital Music? Bitcoins Increase In Legitimacy And Rise In Value
- Music Nonprofits: Bitcoin 100 Wants To Give You A Donation
- CoinDL: "iTunes Of The Bitcoin World". Can Digital Currency Create New Music Revenue Stream?
Hypebot Senior Contributor Clyde Smith (@fluxresearch/@crowdfundingm) also blogs at Flux Research and Crowdfunding For Musicians. To suggest topics for Hypebot, contact: clyde(at)fluxresearch(dot)com.