Bitcoin Hodlers Spend Their Crypto on Jay-Z and Beyoncé
Jay-Z and Beyoncé tickets are a hot Bitcoin item, according to The White Company, the London-based purveyor of fine arts and luxury goods. Known for closing the first Bitcoin sale of a contemporary art piece in the US, the company is now fielding requests for Jay-Z and Beyoncé tickets for their On the Run II tour.
“Our clients are spending their crypto holdings on entertainment and experiences with music festivals such as Tomorrowland and the Jay-Z and Beyoncé tour being the most requested tickets. We had two requests come in for the On the Run II tour before we listed the item – and since, we’ve sold group packages and single tickets to multiple cities on their tour.”
That’s not all.
A list of lavish perks designed to indulge Jay-Z and Beyoncé fans with the crypto-concert experience of a lifetime includes VIP parking, exclusive access to the pre-show VIP lounge and the VIP bar with beer, wine, signature cocktails, and hot and cold hors d’oeuvres. Ticket hodlers also get a seat at the dessert bar with a chocolate fountain and are welcome to experience the green screen photo booth, a DJ spinning the pop duo’s latest hits, red-carpet photo ops, access to the concierge team and onsite hosts throughout the night.
The White Company also accepts Bitcoin Cash whose investors are demanding luxury goods and over-the-top experiences, with the Jay-Z and Beyoncé On the Run II tour tickets being the most popular items.
Bitcoin Cash investors are also the only crypto enthusiasts who can participate in exclusive offerings, starting with jewelry from Cartier.
The company just hit the $100-million mark in cryptocurrency sales after a string of blockbuster purchases including Lamborghinis and artwork. It sold a vintage Ferrari for $4 million in Bitcoin to a collector in China, and a Nissan GTR to a 16-year-old without a driver’s license who made the purchase by converting the altcoins he mined on his gaming console into Bitcoin and Ethereum.
The White Company has given Bitcoin major mainstream appeal, cultivating a high-end clientele and redefining the world’s number one cryptocurrency as a store of value for people who enjoy culture, world-class entertainment, outstanding engineering and exquisite goods.
The company’s sale of “Select A Victim” by American painter Mark Flood in July of last year for 12.3 BTC (roughly $100,000) made it the first piece of contemporary art to be purchased with Bitcoin in the US.