New ‘party-to-earn’ model vows to take electronic music industry to the next level

cointelegraph.com:

Crypto enthusiasts love to party — And now, a new project has been launched that caters exclusively to clubbers.

Klubcoin is championing a new concept called “party-to-earn,” meaning members of its community can gain VIP access to “insane” experiences.

The project says it has already attracted support from some of the world’s biggest clubs, festivals and electronic music brands, such as Amnesia Ibiza, Festicket, Clubbing TV, Bootshaus, Caprices Festival and DJ Mag. 

A crucial goal for Klubcoin is to deliver experiences “money can’t buy” that are curated specially for users. Exclusive events are going to be held in real life as well as in the metaverse — an exciting development as virtual reality offers a new, immersive way to enjoy live music. What’s more, members will have a chance to secure tickets for sold-out events, attend meet-and-greets with world-famous DJs, and be whitelisted for nonfungible token (NFT) airdrops.

Other partnerships have also been secured with the likes of Festicket, Pacha

Barcelona, Opium, Motel Particulier, Dolby.io, Ledger, Atlanticus Music and DJenerates. Such high-profile connections with the music industry will be crucial in ensuring that Klubcoin achieves widespread adoption.

Klubcoin aims to establish a new payment method that’s accepted by everyone in the ecosystem — including nightclubs, festivals, ticketing platforms, consumer electronics brands, streaming music services and NFT marketplaces. This means that no matter whether music fans are snapping up a new pair of headphones or some merchandise, they’ll receive cashback that can be converted into fiat.

Alternatively, saving up for these rewards unlocks big perks at venues around the world — opportunities that other electronic music fans