How is cryptocurrency changing the entertainment industry
Categories: Crypto News
How is cryptocurrency changing the entertainment industry?
Cryptocurrencies making it easier for artists to get paid for their work. With traditional payment methods, there are often fees that can eat into the artist's earnings.
But with cryptocurrencies, transactions are usually free or very low-cost. Cryptocurrencies can also help protect an artist's intellectual property. If the artist used a cryptocurrency-based platform, they could embed a digital "watermark" in their work, which would make it very difficult to copy and distribute without permission.
Lastly, cryptocurrencies are also changing the way fans can support their favorite artists. With platforms like Patreon and Bit patron, fans can donate money directly to their favorite artists using cryptocurrency.