ZapChain, Coinbase Enable Digital Compensation for Artists
The social network ZapChain has announced its partnership with Coinbase, which will enable artists to sell their material for bitcoin. Talib Kweli will be the first recording artist to start this event by giving his fans the ability to purchase his latest album through the ZapChain service. Kweli will be the first of many artists to sell their work on....
Related News
Does anyone have any idea about the average number of artists in any city at any given point of time? I guess the answer is no. The only artists we know and we recognize are the famous ones. The ones who are signed up with big record labels, have their own gallery and rake in millions of dollars for their artworks. But if we dig deeper the number of independent artists who are trying to make a living in the absence of recognition is way more than we can imagine. Fine arts, be it painting, music, dance and more is left unappreciated by the masses unless it is by someone famous. The main....
Bitcoin-powered social media platform ZapChain has raised $350,000 in seed funding and is launching a new digital goods initiative in partnership with Coinbase today. The money was raised from venture capitalist and Draper Fisher Jurvetson (DFJ) partner Tim Draper, Boost VC founder and CEO Adam Draper and the Boost Bitcoin Fund. According to ZapChain chief operating officer Dan Cawrey, the funds are being used to expand its ranks of content creators and digital community members. "I invested in ZapChain because the company is giving bitcoin one of its highest and best uses," Tim Draper....
Zapchain becomes the latest Bitcoin-based startup to close its doors. ZapChain, the Bitcoin-based content sharing and tipping platform is soon going to shut down. The Reddit like social media platform focused on Bitcoin and cryptocurrency technology has announced its impending demise on its user’s timelines. The notification on states, “ZapChain will be shutting down on, or shortly after August 31, 2016.Please withdraw your balance.” Founded by Adam McKenna and Matt Schlicht, the platform became popular with the Bitcoin community after it offered an efficient way to monetize the content.....
The power of Bitcoin tipping can no longer be denied. The Zapchain model of microtipping is growing. According to founder Matt Schlicht, some Zapchain communities are getting over 100,000 visits per month. Zapchain’s tipping mechanism has created a market for quality communities. By rewarding users with something valuable — bitcoin — it’s easy to see....
Bitcoin-centric social network ZapChain is once again enabling micropayments with the launch of a new in-house tipping mechanism. The announcement finds ZapChain furthering its attempts to experiment with content monetization, following Coinbase's decision to end its tipping service in February. Company CEO Matt Schlicht asserted the move toward micropayments was inspired by the lack of available venues for consumers to have introductory experiences with bitcoin, while ZapChain investor and Boost VC CEO Adam Draper spoke to the big picture behind the company's vision for content....