Seek out a better experience, upgrade to a full membership! (Learn more)
 News MP3 and More 26/06/2018

(R)evolution In Culture And Technology: Electronic Music Festival Supynes Goes Crypto-Friendly

(R)evolution In Culture And Technology: Electronic Music Festival Supynes Goes Crypto-Friendly

Video news

Our news in your mail

* indicates required
News frequency *

New York, NY (Top40 Charts) Lithuanian electronic music festival Supynes announces a dedicated cryptocurrency panel, partners with CoinGate to let visitors purchase tickets with cryptocurrencies.
Cryptocurrencies were created by the people, for the people. In this sense, electronic music has a lot in common with the essence of cryptocurrencies.
In modern realities, the adoption of cryptocurrencies is spreading far beyond the tech-savvy early adopters and has already reached some unexpected audiences. So-called "CryptoRaves" became one of the trends of the modern music stages, uniting people who are into everything decentralized, including art and culture. This year, one of the oldest and biggest electronic music festivals in Lithuania, , opens doors to all cryptocurrency enthusiasts and those who want to learn about blockchain technology. Attendees can now purchase tickets with Bitcoin and a number of other cryptocurrencies for one of the biggest summer events in Lithuania that will take place on July 26-29. In addition, festival organizers are holding a panel dedicated to cryptocurrencies and the disruptive technology powering them. The panel will take place at Playground, a creative stage for audiovisual collaborations, open-air academy, and hands-on-deck.

'Cryptocurrencies were created by the people, for the people. In this sense, electronic music has a lot in common with the essence of cryptocurrencies.' Organizers say that the intersection between these movements is hard to miss. Electronic music, as an alternative to popular genres, created a rebellious art-movement, similarly how Blockchain is disrupting traditional businesses at the moment. 'This might be a long shot, but we believe that innovation and novelty are inherent for our festival-goers. This is the primary reason for us to become a medium to spread these ideas,' say the organizers of Supynes.

Supynes partnered with CoinGate, a Lithuania-based cryptocurrency payment processor to get closer to all digital currency enthusiasts. 'Being able to purchase tickets with Bitcoin, the general public will get a grip on how cryptocurrencies work in practice. We want to dispel the myths about crypto-related risks and show that it is a technology that has purpose in everyday life' says CoinGate CEO Dmitrijus Borisenka.

The CoinGate team, inspired by the idea, is taking an active part in developing the cryptocurrency panel at Supynes Playground, and CTO Rytis Bieliauskas will lead a discussion on the relationship between revolutions in technology and culture. 'It is a great chance for us to share our knowledge and educate newcomers about Blockchain. We believe that Supynes attendees are a great audience for this topic,' says CoinGate representative.

CoinGate CEO Dmitrijus Borisenka explains this further: 'Education is an essential element of our business, because this is how we can make a difference in the adoption of cryptocurrencies and blockchain. Music festivals are great for spreading the message because here we can find a lot of young, open-minded people in a relaxed, informal atmosphere. Most importantly, these are exactly the people who can relate to the ideas we want to share and understand the essence of this innovative technology.'
Supynes festival will take place in Moletai, Lithuania on July 26-29. Information about the line-up and tickets is available on the official website:

Most read news of the week
Martin Guitar Introduces Two Walnut Guitars, A New Road Series Guitar, And Two Monel Bluegrass String Products At 2018 Summer NAMM
Live Releases 'Love Lounge,' Their First Single In Over A Decade!
Clean Bandit & Demi Lovato Take Solo To UK No 1: "We Can't Believe It!"
Dear Rouge Releases Music Video For "Live Through The Night"
All-New Special 'iHeartCountry Festival,' Celebrating The Best In Country Music, To Air 8/5, On Fox
BTS, Shawn Mendes, Camila Cabello & Bebe Rexha All Winners At The 2018 Radio Disney Music Awards
Panic! At The Disco Release Sixth Studio Album Pray For The Wicked
Nile Rodgers & Chic Release New Single 'Till The World Falls' Featuring Mura Masa, Cosha And Vic Mensa - Out Now
Bebe Rexha Releases Debut Album "Expectations"
Mohegan Sun Announces 2018 Summer Entertainment Lineup Including Britney Spears, U2, Sugarland & More
BET Awards 2018: Complete Winners List
Bill Hudson's Northtale Close To Done Tracking Debut EP!
Two-Time Grammy Nominated Singer/Songwriter Drew Scott Reveals Hypnotic 'Simple' Visual
Jon Allen Releases New Album 'Blue Flame'
Video To Enter UK's Official Singles Chart This Summer

© 2001-2019 (S4)
about | advertise | site map
contact | privacy
Page gen. in 0.0096509 secs // 4 () queries in 0.0070006847381592 secs
Members Area
Register or login with just your e-mail address

A validation link will be sent to your e-mail. The link will expire in 15'.
Latest charts