Crypto-Anarchists, Crypto-Libertarians and Björk
Björk is offering up cryptocurrency when you purchase her new album. Rad.
In the wake of Hotel-empire heiress Paris Hilton’s endorsement of Lydiancoin, and Dennis Rodman’s Potcoin, and rapper The Game’s Paragon Coin, and everybody on your Facebook feed talking up Ether, comes Björk’s embrace of AudioCoin — a cryptocurrency that music lovers are fond of.
Fans who buy Björk’s ‘Utopia’ album using a cryptocurrency (like Bitcoin or Ether) will receive one hundred ‘AudioCoins’ in return, according to the avant-garde singer’s PR. The singer has jumped on the crypto-anarchy/crypto-libertarian bandwagon, and that’s a good thing.
The blockchain is truly transformative, and virtual currencies borne out of blockchain technology (mined via computationally difficult cryptographic ‘blocks’) will prevail in the future. The problem is we don’t know which medium will come to dominate (VIVISXN is betting on Ethereum‘s Ether).
Björk says she will accept most cryptocurrencies out there, and will allow fans to buy her new album Utopia with virtual FX. She will even comp you with AudioCoin, a rather iffy medium of exchange.
The Icelandic artist has teamed up with Blockpool, a London-based company that tokenizes and trades in many virtual currencies, to make the album available for pre-order. You can use Bitcoin, Litecoin, Dashcoin, and AudioCoin alongside other blockchain FX. If fans purchase the album with one of these cryptocurrencies, they’ll get 100 AudioCoins in return.
AudioCoins have existed for about two years now and are specifically mined for the music industry. The 100 coins will be deposited into an e-wallet, and you can hoard them, trade them or convert them into other currencies. Fans who share Björk’s music will receive additional AudioCoins.
The AudioCoin exchange rate (per 100 lot) is about $0.19 USD, and insanely volatile. The initiative seems to be Björk’s way of touting crypto-libertarianism and de-centralized global monies. That’s cool. But Björk is definitely fanning bubbles here, along with Paris, Dennis and countless others.
Images via Björk
VIVISXN MEDIA – Finance + Blockchain + Music