Cryptocurrency Gives Artists More Power In The Music Industry

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Rapper Ghostface Killah of the Wu-Tang Clan will launch two cryptocurrencies with the startup Cream Capital next week, inspired by bitcoin’s underlying blockchain technology. In September, DJ Khaled also promoted an initial coin offering (ICO), a high-tech fundraising trend, calling digital currency a “game changer” onInstagram. The music industry is going gaga for blockchain technology. Here’s why: It gives artists more control over their careers than was ever possible before.