A radio station within the north east of England is now accepting cryptocurrency funds for airtime and sponsorship.
Frisk Radio, which broadcasts on DAB throughout Tyneside, made the transfer to open up a broader vary of cost choices to potential advertisers.
The station says it’s the first within the UK to just accept funds in Bitcoin, Ethereum and Cardano.
And fairly than changing from a pound sterling quantity, Frisk has fastened the cost quantity within the above cryptocurrencies.
Technical director Stuart Landreth stated he had no considerations concerning the worth of cryptocurrencies falling additional: “Regardless of the current market panic, the basics behind Bitcoin, Ethereum and Cardano are stronger than ever. We’ll proceed to carry the worth of the sponsorship and airtime contracts within the remitted forex.
“It might be an enormous step ahead for the trade if different gamers within the provide chain embraced and used cryptocurrencies. Frisk is main the way in which, and we’ll be right here when they’re prepared!
“As soon as an settlement has been reached, the advertiser merely transfers the correct quantity of their chosen cryptocurrency into the station’s pockets.
“Full directions are supplied, and the remittance course of takes lower than a couple of minutes.”
Posted on Friday, June seventeenth, 2022 at 10:44 am by RadioToday UK