Music distribution company UnitedMasters, as part of its partnership with the cryptocurrency exchange Coinbase, offers to the artists it works with. to pay with cryptocurrency can start.
According to the statement made on Tuesday, the musicians within UnitedMasters; their payment if they wish. all or part of they will be able to buy it through a crypto currency of their choice.
Artists will be able to take advantage of Coinbase’s daily spending, passive income, trading and borrowing services for cryptocurrencies.
In a statement on the subject, the Coinbase team said, “We want to enable companies to easily pay their employees with cryptocurrency. This is the future of payroll.” used the phrases.
UnitedMasters is in a Series B investment round in March 2021 led by Apple and joined by Andreessen Horowitz (a16z) and Alphabet. 50 million dollars raised investment.