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Bitcoin Magazine
2018-08-08 16:23:10

DJ Who “Turned Down Wall St.” Is On a Quest to Decentralize Music Festivals

Independent DJ Justin Blau (known on stage as 3LAU) didn’t exactly stumble into the cryptocurrency industry — to say so would misrepresent how much thought he’s put into his blockchain-based event network, Our Music Festival (OMF). But at the very least, his introduction to the space came through a touch of serendipity.Blau became formally acquainted with blockchain technology and cryptocurrencies after a chance meeting with the Winklevoss twins at a music festival in 2014. The Winklevosses were making their own debut into the industry, as they were in the early stages of building their Gemini exchange at the time.After hitting it off with the up-and-coming DJ, they invited Blau back to their penthouse, a welcome alternative to crashing at an  exorbitant downtown hotel, Blau admitted in an interview with Bitcoin Magazine. That night — and the blockchain-centric conversation that dominated it — had Blau hooked on the young and novel tech.“I very quickly saw all the ways in which blockchain [technology] could disrupt the music business and all aspects of the music business — from digital music to live music to manager and artist relationships — disintermediating the entire business as a whole. And I just found myself thinking about it all the time.”Business moguls and financial thoroughbreds as the Winklevosses are, the encounter may have felt a little like looking into a rearview mirror for Blau. Before ...