Artists getting paid in Crypto in India by arunava

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· @arunava ·
$3.97
Artists getting paid in Crypto in India
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Raftaar who is a huge Indian Rapper has just announced that he will be taking his Performance Fees in Cryptocurrencies. We have seen the demand for cryptocurrencies increase in India quite exponentially but this is something I was really not expecting. Paying Artists to perform with Crypto was mist definitely not on my list and now that this is indeed happening and I say this because Raftaar is indeed scheduled to perform a show in the next month and the payment is supposed to be in Crypto.

This has really opened the doors to a bunch of other opportunities like paying for show tickets via Crypto or making a Crypto Stall at the events to promote Crypto. The possibilities are quite huge and this gets me excited but at the same time a little concerned. I am concerned because of one slight thing which is called the Government of India. The Government of India hasn't been quite open as to where it stands about Crypto so taking Crypto as a means of payment is something that sounds like treading on rough waters for me.

The last thing I would want right now is that a few more artists join this movement but the Government decides to strike it down as the Rules for Crypto are yet to be written down here in India. I am totally loving the idea but I feel like this is not the time for such theatrics as I feel at the current trend it will only lead to further Market Bleeding.



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vote details (161)
@chesatochi ·
It will become payment for many use cases in the future.
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@preshzy ·
I will be happy if it will be accepted in India but for us in Nigeria crypto currency is banned so no artist even when they like it will demand payment in crypto currency because of the state of the country.
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@mandate ·
Crypto is the future so I am not that surprise. Many more form of payment will be accepted by crypto soon
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