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Rapper Raftaar Becomes The First Indian Artist To Accept Cryptocurrency As Performance Fees

By: Krishma | June 19, 2021

A very interesting news that is creating quite a buzz online is that of rapper Raftaar who has become the first Indian artiste to accept crypto currency instead of actual currency as a performance fee.

As per reports, "I've always been an ardent admirer of block chain technology. I've always wondered why artistes and managers alike haven't explored the potential of this disruptive medium. Nevertheless, I've finally taken the baby steps in this direction and all the credit goes to my manager, Ankit Khanna for making this dream a reality for me," said Raftaar.  Also Read : Tunka Tunka : Hardeep Grewal Announces His Acting Debut Project To Be Released Next Month

The virtual performance for which the rapper has accepted crypto currency is scheduled for the second week of July. The boutique 60-minute event will be hosted in Canada, Ottawa for a private gathering of 100 people.

Ankit speaking on the same said, "In my opinion, music will be one of the first industries to be completely and thoroughly disrupted through the blockchain. The artist can now go directly to the public in every single way without the need of middlemen. Blockchain has the potential to expedite a seamless experience for anyone involved with generating or interacting with music. I'm happy to welcome this new transactional paradigm with my longtime business associate Raftaar who truly is a pioneering voice of this new generation." Also Read : Khalsa Aid Founder, Ravi Khalsa Finally Finds A Kidney Donor!

Let us tell you, cryptocurrency and blockchain technology has already been accepted by global artists like 50 Cent, Mariah Carey, G-Eazy, Sia, Fall Out Boy, the Backstreet Boys and Lana Del Rey among others.




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