Cryptograffiti Introduces Bitcoin Micropayment Plugin For Djs And Music Producers

Cryptograffiti, a Bitcoin-inspired artist, has launched an open-source project to facilitate Bitcoin revenue streams for DJs and Music producers accompanied by a public demonstration and a live DJ set at the U.S. Mint in San Francisco.

“If live stream viewers enjoy one of the tracks played during the event, they can send bitcoin tips to a static QR code that splits the payment based on the track being played at the time with a fixed percentage going to both the DJ as well as the producer of the track. The event entitled ‘Strikes Twice’ is named after the new plugin’s ability to automatically split micropayments into separate addresses,” Bitcoin Magazine reports

Cryptograffiti was inspired to launch such a project after seeing an increase in live stream copyright takedowns during the COVID-19 pandemic. Additionally, the project has a non-fungible token (NFT) component, with visuals to be released on a forthcoming Bitcoin sidechain marketplace as NFTs.

“People focus on banks, but Bitcoin’s enabling of new revenue streams will rebalance power in all sorts of industries,” Cryptograffiti told Bitcoin Magazine. “The digital economy is broken for musicians who line the pockets of third-party platforms while having to heed arbitrary rules enforced by bots. We need to look at different models that better support artists.”

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