Beatport to Become First Digital Music Retailer to Accept Bitcoin

Author : Nathan Christopher
April 23, 2021

Beatport to Become First Digital Music Retailer to Accept Bitcoin

Beatport is now accepting Bitcoin as payment from customers beginning in June. It’s leading the wave in this movement as it’s the first major digital music retailer to do so. They have also signed a partnership with Crypto.com to drop an expertly curated NFT titled “Music for Future Dance Floors” on April 23. Boys Noize, Charlotte de Witte, Risa Taniguchi, Sama’ Abdulhadi, Sasha and more are part of the compilation along with visual artist Leif Podhajsky.

The music collection of exclusive tracks from 10 of the world’s best electronic DJ/Producers will feature visual art from world-renowned graphic artist, Leif Podhajsky

As of April 20, 2021, Beatport announced that they will begin accepting Bitcoin as payment from customers beginning in June, becoming the first major digital music retailer to do so.  Highlighting its commitment to the emerging crypto and blockchain industries, Beatport has also signed a partnership with Crypto.com to drop an expertly curated NFT, titled “Music for Future Dance Floors”, on April 23rd.

Exclusive, unreleased tracks from world-renowned DJ/producers Sasha, Charlotte de Witte, Boyz Noize, Pan-Pot, a new collaboration between Nic Fanciulli and Alec Monopoly called Sold As Seen, and a bonus track from Sama’ Abdulhadi, will be featured with incredible visual art from Berlin-based Leif Podhajsky, who has spent years collaborating with the likes of Bonobo, Tame Impala and the Sydney Opera House.

Leif Podhajsky adds, “As a digital artist who has worked extensively creating visual worlds for music – I’m genuinely excited by what NFT’s can offer all creatives. It’s breathed new life into what it means to create artwork and collect music in the modern age. I’m thrilled to be teaming up with Beatport and the amazing lineup of electronic musicians, to offer a new way to collect and experience art and music, something that I think is truly worth collecting.”

About The NFT Compilation

This rare collection, the first of a series of A/V compilations planned from Beatport, will also feature emerging artists including Alignment, Third Son, Anna Lann andRisa Taniguchi that will join each established star in mini drops priced at $303 each.  All ten 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.

“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.

Beatport’s CEO, Robb McDaniels

Beatport is partnering with the leading cryptocurrency marketplace, Crypto.com, as the payment gateway for its customer-facing Bitcoin product launching in June.  It was just last month that Crypto.com launched its own NFT marketplace for artists to connect to their vast customer base to sell unique and creative digital goods.  Hong Kong-based Crypto.com is a payment and cryptocurrency platform that empowers users to buy, sell, and pay with crypto.

“Beatport’s core ethos of empowering artists to share their work directly with fans digitally is a shared mission here at Crypto.com. We’re excited to collaborate with them on this drop to expand what’s possible in the world of NFTs.” Joe Conyers III, EVP, Global Head of NFTs for Crypto.com

Beatport has been the preeminent curation layer for the global DJ community for more than 17 years, and has now positioned itself to perform that same role for NFT marketplaces and the blockchain community. Beatport reaches tens of millions of DJs and dance music fans around the world, and leverages this platform to bring the community together to celebrate arts, culture and the human spirit.

Belgian DJ and producer Charlotte De Witte adds, “The world of NFT’s is an interesting new platform for artists to explore their output. We’re very curious to explore this new world together with Beatport and learn what this could mean for our world.”

About Beatport

Beatport is the worldwide home of electronic music for DJs, producers, and their fans. The Beatport Store offers music in premium digital formats and provides unique music discovery tools created for and by DJs. Each week, Beatport’s music collection is refreshed with hundreds of exclusive tracks by the world’s top electronic music artists. With its recent launch of Beatport LINK the company is now bringing streaming into the DJ booth, delivering its catalog of music via seamless integration with the world’s most popular DJ software and hardware brands. Founded in 2004, the Beatport family of companies includes  Beatsource, Loopmasters, Loopcloud and Plugin Boutique. Beatport has offices in Berlin, Brighton, Denver and Los Angeles.

Follow Beatport: Twitch | |Facebook| Twitter| Instagram

About Crypto.com

Founded in 2016, Crypto.com today serves over 10 million customers with the world’s fastest-growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, curated carefully from the worlds of art, design, entertainment and sports.

Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.