Fresh from a $ seven hundred, 000 angel round, indie music sales site FanDistro has began taking bitcoin for online music sales.
FanDistro, a site that helps bands sell their songs while also rewarding their fans with merchandise, previously just took PayPal payments, yet is now working with Coinbase as a merchant, said CEO jordan Penfield.
“ We’ re motivating people to use bitcoin, plus philosophically we love bitcoin. We think it’ s some thing fantastic for the music industry, ” said Penfield, who turned on the function a couple of weeks back.
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