BitsyBay Uses Bitcoin to Promote Digital Artists’ Works

By September 22, 2015Bitcoin Business
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Bitcoin Orange Logo LG WD
Bitcoin Orange Logo LG WD

A lot is being done when it comes to connecting artists to the world of digital commerce. Many websites today has turned into online art houses where creators can showcase and auction their artworks without needing a physical space. And these artworks are not just limited to being paintings and sketches, but also include graphic illustrations, music, app extensions, etc.

BitsyBay is a unique e-commerce platform that caters for the latter. The website specializes in promoting the works of digital artists, i.e. the extension makers, graphic designers, musicians, etc. Like any other online store, BitsyBay allows these artists to put their work for sale on the platform but, at the same time, looks impressively distinctive with its choice of payment. The store has sidelined the traditional payment services, including Visa, PayPal, MasterCard, to make space for a rather new and disruptive payment technology — called Bitcoin.

What is Bitcoin?

As stated, Bitcoin is a payment technology. But in true sense, it is too many things at a single point of time. For instance: it is a digital token — a currency — that is completely free from the control of centralized authorities like banks and governments. It is created by people, for the people through a computational process called “mining”. Naturally, a value-carrying digital token can be traded for other fiat money. It can also be used to accept payments, or purchase goods.

Ever since its inception in 2008, Bitcoin has gained traction in many areas, ranging from stock markets to remittance sectors. However, it is the merchants that have added a significant rate to its adoption among the people.

Enough Opportunities for Digital Artists

The core aim behind the launch of a service like BitsyBay, therefore, is to promote the benefits of Bitcoin in an industry that is in a desperate need of passive incomes. An artist — regardless of being unbanked — can earn money through the Bitcoin’s decentralized network, that knows no boundary.

An excerpt from their website says:

“BitsyBay is a simple and minimalistic service to help you buy and or sell creative digital products with cryptocurrency like BitCoin. It includes a marketplace for legal CMS extensions, illustrations, photos, themes and other creative assets from various authors. Buy or sell any available content fast and directly, from any country without compromises.”

What further adds attraction to their services is their open-source-ness. This approach offers some really incredible opportunities for artists, for they can freely create a catalog for themselves. BitsyBay explains:

“We truly believe in the model of healthy competition, so anyone can start a similar project, or join the current, if our views coincide. We basically do not position ourselves as a company, nor do we have any brands and patents. BitsyBay — a free platform created by artists for artists.“

You can know more about the company here.

Published by

Gola Yashu

India-based IT professional Yashu Gola found Bitcoin in 2012, when he was trying to send money to one of his friends in the US. As he quotes, it was “love-at-first-sight” with the mystical work of digital currencies. He left his online advertising job to work as a full-time Bitcoin writer for forex news website Apart from covering the minute-to-minute Bitcoin events, Yashu is also an active Bitcoin trader and analyst.When not working, he is found reading and writing movie scripts, poems and songs. He is also a passionate movie buff View all posts by Gola Yashu

BitsyBay is a unique e-commerce platform that caters for the […]

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