Music Industry Moves: OneRepublic Becomes First Major U.S. Artist to Take Cryptocurrency Payment for Live Gig

OneRepublic frontman Ryan Tedder‘s interest in evolving technology is well-documented (see his recent interview with Variety about moving into the NFT space). Now, he’s put his cryptocurrency where his mouth is, as OneRepublic became the first major-label U.S. act to accept Bitcoin in full payment for a show, according to the group’s reps. The exchange was for an acoustic at a historic theater outside Vienna, Haydn Hall, on Nov. 16. OneRepublic used the Strike peer-to-peer bitcoin payment app to accept payment for the gig, which is said to have sold out in a matter of minutes after going on sale… Read Full Article