Goodbye Spotify: There is New Blockchain-powered Speaker That Actually Rewards Artists

Artists constantly complain that they are treated unfairly by record labels, so Volareo tackles it by designing speaker that allows singers and songwriters to earn money

Mon, 20/08/2018 - 18:18

Goodbye Spotify: There is New Blockchain-powered Speaker That Actually Rewards Artists

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Artists constantly complain that they are treated unfairly by record labels, so Volareo is poised to tackle this problem by designing a smart speaker that allows singers and songwriters to earn money every time their track is being played. In order to create such a reward system, the company teamed with Emanate, an Australia-based Blockchain startup. Everyone will get his or her share because of smart contracts that ensure convenience and transparency.

The new speaker, which is integrated with multiple Blockchain-based streaming platforms, will currently set you back $99.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.