Spotify Acquires Blockchain Startup Mediachain to Improve Royalties Distribution (The Cryptoverse #259)

marketingmonk (71)in #blockchain • 7 years ago

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On Today's Episode Of The Cryptoverse:
Digital music streaming service Spotify has acquired blockchain company Mediachain with a view to solving the problems associated with royalties attribution on its platform.

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#music #cryptocurrency #spotify #art

7 years ago in #blockchain by marketingmonk (71)

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nik9 (55) 7 years ago (edited)

Thanks for this one - this is remarkable news in my view, and a great leap forward in potential real use case egalitarian distribution of resources towards the content creators - musicians in this case! Kudos to Spotify, whom I subscribe to, hesitantly up until now, and then buy music from the artist discovered through that platform when inspired. I feel much better about subscribing to them now knowing that there is an honest attempt to pay the song makers!

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