Beatport to Accept Bitcoin, Announces First Ever NFT Audio/Visual Collection

Starting in June, Beatport will begin accepting Bitcoin payments, becoming the first major digital music retailer to do so. Beatport has also partnered with Crypto.com to drop an expertly curated NFT, titled “Music for Future Dance Floors”, on April 23rd, further highlighting our commitment to the emerging crypto and blockchain industries.

The NFT will feature exclusive and unreleased tracks from world-renowned artists like Sasha, Charlotte de Witte, Boys Noize, and Pan-Pot; a collaboration between Nic Fanciulli and Alec Monopoly working as Sold As Seen; and a bonus track from Sama’ Abdulhadi that will be paired with visual art from Berlin-based Leif Podhajsky, who has spent years collaborating with the likes of Bonobo, Tame Impala, and the Sydney Opera House.

This rare collection, which is the first in a series of A/V compilations planned by Beatport, will also feature music from emerging artists like Beatport Next artist Alignment, Third Son, Anna Lann and Risa Taniguchi, who will join the other artists with mini drops priced at $303 each. All 10 tracks will then be packaged with bonus material as a 10-of-10 auction, and will include the bonus track, four guest passes to one show for each artist, and extra visual content. A portion of the proceeds will be contributed to charity, including a carbon offset donation from Beatport.

Last month, leading Hong Kong-based crypto currency marketplace Crypto.com launched its own NFT marketplace for artists to connect to their vast customer base to sell unique and creative digital goods. Beatport has partnered with Crypto.com as the gateway for store payments made in Bitcoin, launching this June.

CEO Robb McDaniels said:

“When it benefits and strengthens the artist community, there is no reason to stop innovating. It’s clear that, even in the midst of a pandemic, the DJ/Producer community is willing to lead the industry towards embracing new technology and innovative mediums for engaging with their fans, and the world of crypto currencies and non-fungible tokens are a clear example of this fact. We are so honored to be collaborating with an incredible array of artists — both musical and visual — and partnering with a world-class company like Crypto.com. For Beatport, this is just the beginning of our exploration into the metaverse and we are committed to the long-term opportunities this revolutionary technology portends.”

Music for Future Dance Floors is an expertly Curated NFT offered by Beatport and Crypto.com. It will be released on April 23rd.

Drop available here.