Lithuanian electronic music festival Supynes this week announced a dedicated cryptocurrency panel and partnership with bitcoin and crypto payment provider CoinGate to let visitors purchase tickets with cryptocurrencies.
As mentioned, 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.
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.
Supynes organizers said: “Cryptocurrencies were created by the people, for the people. In this sense, electronic music has a lot in common with the essence of cryptocurrencies. 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.”
Supynes partnered with CoinGate, a Lithuania-based cryptocurrency payment processor to get closer to all digital currency enthusiasts.
“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. “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 a purpose in everyday life.”
The CoinGate team, inspired by the idea, is taking an active part in developing the cryptocurrency panel at Supynes Playground, CoinGate CTO Rytis Bieliauskas will lead a discussion on the relationship between revolutions in technology and culture.
[perfectpullquote align=”full” bordertop=”false” cite=”CoinGate CEO Dmitrijus Borisenka” link=”” color=”” class=”” size=””]”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.”[/perfectpullquote]