Major Music Festival Exit Takes Bitcoin for Tickets – Featured Bitcoin News

A popular international music festival, Exit, is now accepting cryptocurrency for tickets, products, and services. This year’s 20th-anniversary edition of the European event will be held in early summer and the festival’s online store already offers discounts for impatient music fans and visitors.

Fans to Pay With Crypto for Festival Passes and Accommodation

Bitcoin, the organizers say, is a fast and secure currency that has dramatically challenged the current norms of finance and governance. That’s why the festival now offers crypto enthusiasts among music fans the option to pay for tickets and passes, airport transfers, camping accommodation, and more using their digital coins. In a press release on the introduction of crypto payments, Exit stated:

With the growth of blockchain, digital currency and non-fungible tokens, Exit recognizes that festivals should adapt and embrace new technologies to cater for their audience needs.

“The potential of blockchain, digital exchange, and currency is exciting and we wanted to make sure we are at the forefront, utilizing new technologies and able to engage with our tech-savvy audience as technology evolves and changes,” Exit CEO Dušan Kovačević was quoted saying. To spend some BTC, customers need to select the items they want to buy in the festival’s store and proceed to checkout, where they’ll be offered the “Pay with Bitcoin” option.

Exit to Be Held in Early Summer Despite Covid

Exit is not only among the first music events of this caliber to accept cryptocurrency but also on course to become the first major music festival of the 2021 season in Europe. Its 20th-anniversary edition will be held July 8 – 11 at the Petrovaradin Fortress in Serbia’s second-largest city, Novi Sad. It will feature famous music artists in the region and beyond, creating in various genres including rock, techno, metal, hip hop, and punk, who will perform on 40 different stages.

Major Music Festival Exit Takes Bitcoin for Tickets

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