Steve Stoute’s UnitedMasters Inks Deal With Coinbase To Allow Artists To Get Paid In Cryptocurrency

(Article by Ngozi Nwanji on afrotech. Photo Credit: Jesse Grant / Robert Nickelsberg)

“As we’re living in the age of cryptocurrency, industries are keeping up with the wave, and UnitedMasters recently broke ground in the music industry. According to a press release, the Black-owned music distributor announced that its new partnership with Coinbase will allow artists to get paid in any cryptocurrency supported on the platform. The company is now one of the first to offer the service, Bloomberg reports. The goal of the partnership is to ’empower independent artists by giving them transparency, equity, and control over their earnings.'”

Source: https://bit.ly/3lDN2ZY

Some people think cryptocurrency is the path to wealth for marginalized communities. Getting paid in cryptocurrency may be another good thing for artists. I guess we’ll see.

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Analysts say Coinbase listing represents a ‘watershed’ moment for crypto

By Joseph Young from cointelegraph.com

Source: cointelegraph.com

“Analysts say the impact of Coinbase listing on the Nasdaq will be overwhelmingly positive, as it is the bridge legacy investors will use to tap into crypto. Coinbase, the top cryptocurrency exchange in the United States, will soon be a publicly listed company once its COIN stock launches on the Nasdaq stock exchange on April 14.”