By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Lifestyle UgandaLifestyle UgandaLifestyle Uganda
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
    News
    Get breaking news, music updates, and celebrity stories from Uganda and East Africa. Stay informed with Lifestyle Uganda—your insider source for real-time industry updates.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    lifestyleug.com__safe to travel to Uganda (1)
    Is It Safe to Travel to Uganda?
    16th December 2021
    Latest News
    Stanbic Bank and MultiChoice Launch Leadership Program to Elevate Uganda’s Mid-Level Talent
    3rd July 2025
    After Hotel Africana pulls out, Dax Vibez moves maiden concert to UMA Show Grounds
    3rd July 2025
    Five Dead After Ugandan Military Helicopter Crashes Near Mogadishu Airport
    3rd July 2025
    Ugandans Travelling to US to Give Birth Face Visa Crackdown
    2nd July 2025
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
      • Fitness
      • Pop Culture
      • Travel/Culture
    Entertainment
    Stay up-to-date with Lifestyle Uganda Entertainment—the latest news, celebrity gossip, films, and TV shows from Uganda, Nigeria, Kenya, and South Africa.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    Maro, Maurice Kirya Help German singer Mark Forster Cross Over With “Chip In”
    17th November 2018
    Latest News
    CowBoii joins Africa Rising as Apple Music backs new wave of African talent
    3rd July 2025
    After Hotel Africana pulls out, Dax Vibez moves maiden concert to UMA Show Grounds
    3rd July 2025
    Dax Vibez says Hotel Africana has cancelled his debut concert just weeks before the show
    29th June 2025
    ‘Squid Game’ Season 3 Marks Final Chapter of Global Phenomenon
    28th June 2025
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
    FashionShow More
    Miss Uganda 2025 launch highlights shift in strategy.
    Search for Miss Uganda 2025/2026 Begins with Centralised Format
    13th June 2025
    Mental health advocate Hasset Dereje shines at Miss World, secures Africa title.
    Ethiopia’s Hasset Dereje Named Miss World Africa and First Runner-Up at 72nd Miss World Pageant
    2nd June 2025
    Natasha Nyonyozi honoured at Miss World 2025 for autism advocacy.
    9
    Natasha Nyonyozi Wins ‘Beauty with a Purpose’ Africa at Miss World 2025
    31st May 2025
    Natural hair takes centre stage in Uganda.
    Natural Hairstyles in Uganda: The Beauty of Texture, Twists, and Timeless Trends
    26th May 2025
    This is how Zari Hassan does soft power dressing.
    Zari Hassan Just Gave Us a Masterclass in Power Dressing with Modesty — and We’re Taking Notes
    19th May 2025
  • Health & Living
  • Tips & Advice
Search
© 2023 Lifestyle Uganda. All Rights Reserved.
Reading: With UnitedMasters and Coinbase, Artists Can Now Be Paid in Cryptocurrency
Share
Sign In
Notification Show More
Font ResizerAa
Lifestyle UgandaLifestyle Uganda
Font ResizerAa
  • Home
  • News
  • Business
  • Entertainment
  • Health & Living
Search
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
  • Health & Living
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Lifestyle Uganda > Blog > Entertainment > With UnitedMasters and Coinbase, Artists Can Now Be Paid in Cryptocurrency
EntertainmentMusicNews

With UnitedMasters and Coinbase, Artists Can Now Be Paid in Cryptocurrency

Lifestyle Uganda
Last updated: 15th October 2021 12:39 pm
By
Lifestyle Uganda
ByLifestyle Uganda
Senior Editor
Discover breaking entertainment news and exclusive insights from Uganda, Kenya, Tanzania, Rwanda and Nigeria—only at Lifestyle Uganda.
Follow:
- Senior Editor
Share
5 Min Read
lifestyleug.com__US-based UnitedMasters partners with Coinbase cryptocurrency (1)
UnitedMasters founder and CEO Steve Stoute told CNBC that "payment optionality has been a big thing in this creator economy, and now artists are asking to be paid in crypto". PHOTO via @Sports Illustrated
SHARE

A new partnership between UnitedMasters and cryptocurrency platform Coinbase provides independent artists with the option of being paid in crypto using Coinbase’s latest payroll service.

lifestyleug.com__US-based UnitedMasters partners with Coinbase cryptocurrency (1)
UnitedMasters founder and CEO Steve Stoute told CNBC that “payment optionality has been a big thing in this creator economy, and now artists are asking to be paid in crypto”. PHOTO via @Sports Illustrated

KAMPALA | LIFESTYLE UGANDA (http://lifestyleuganda.com/) — UnitedMasters and cryptocurrency exchange platform Coinbase recently signed a deal through which independent artists will be able to get paid in cryptocurrency, through Coinbase’s new payroll product.

  • Coinbase also revealed today that it plans to launch Coinbase NFT, its own NFT platform.
  • Additionally, Coinbase users now have the option to pay via PayPal.
  • You may also be interested in reading El Salvador adopts Bitcoin as its Currency.
  • Check out PayPal to acquire Cryptocurrency Start-Up called Curv.

Previously, UnitedMasters announced a number of new financing options for indie artists in August, including one in partnership with beatBread that allows the distributor to offer advances to qualifying artists ranging from $1,000 to $1 million.

The company also signed a partnership with Paperchain, which predicts an artist’s royalty earnings based on their most recent streaming data.

UnitedMasters artists now have the option of choosing to be paid in US Dollars or cryptocurrency of their choosing.

The artists can also take advantage of Coinbase’s full suite of products – including spending, earning, trading, and borrowing.

- Advertisement -
lifestyle uganda adwords

According to UnitedMasters, their goal is to “create more financial opportunities, equity, and transparency for the dedicated, rising musicians using our platform and to level the playing field so they can control their own futures”.

In an interview with CNBC, UnitedMasters Founder and CEO Steve Stoute explained why UnitedMasters will now pay in crypto, stating that payment optionality is a key component of this creator economy, along with the requests for artists to be paid in crypto.

UnitedMasters CEO and Founder Steve Stoute explained the decision to offer cryptocurrency payouts to CNBC: “There’s been a big movement toward payment optionality in the creator economy, and now artists are asking for cryptocurrency payouts”.

As reported by CNBC, UnitedMasters now has 1.2 million artists signed up to its platform, that these artists generate over 1 billion streams per month, and that 59% of those artists are under 25.

Earlier this year, UnitedMasters announced they had raised a $50 million round of funding, led by Apple, with additional financing from Alphabet and Andreessen Horowitz.

The announcement marks another significant milestone for UnitedMasters, a company based in New York that in 2017 raised $70 million through a funding round led by Google/Alphabet.

- Advertisement -

Additionally, Coinbase announced today in a blog post that it will be launching its own NFT platform, Coinbase NFT.

CEO and Founder of UnitedMasters Steve Stoute said, “Working with Coinbase to make it possible for independent artists to be paid in crypto is a logical next step for us, using technology to ensure that the music industry’s economics favor the creators.”

- Advertisement -

CEO Steve Stoute said: “Working with Coinbase to allow independent artists to be paid in crypto makes perfect sense for us, as technology allows music businesses to work in their favor. “

As Surojit Chatterjee, Chief Product Officer at Coinbase stated: “Coinbase’s mission is to make the world more free economically, and we salute UnitedMaster’s efforts to support their community of musicians.

Surojit Chatterjee, Chief Product Officer of Coinbase, added: “Coinbase’s mission is to increase economic freedom worldwide, and we applaud UnitedMasters’ efforts to level the playing field.

In July of last year, UnitedMasters, which has worked with artists such as Lil Tecca, Tobe Nwigwe, Lil XXEL, and others, unveiled a subscription tier called Select that enables artists to keep 100% of their royalties.

TikTok and UnitedMasters signed a contract in August 2020 for integration between both services within the TikTok application.

Ang3lina Releases Ronaldo Music Video Under ATR RECORDS
Sheila Saltoft joins Guinness Uganda as Brand Influencer
Bebe Cool Urges Ugandan Artists to Focus on Brand Value Amid Diamond Platnumz Fee Dispute
Lucky Ariho Rwabuturumba Elected 37th Guild President of Mbarara University
SC Villa name Serbian Nemanja Milincic as new head coach, replacing Byekwaso
TAGGED:coinbasecoinbase artists paid cryptocurrencycryptocurrency unitedmasterscryptocurrency unitedmasters artists paidfounder ceo steve stoutepaid cryptocurrency unitedmasters artistssteve stoute working coinbaseunitedmastersunitedmasters artists paid cryptocurrencyunitedmasters coinbase artists paidunitedmasters founder ceo steve

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Reddit Email Copy Link
Share
ByLifestyle Uganda
Senior Editor
Follow:
Discover breaking entertainment news and exclusive insights from Uganda, Kenya, Tanzania, Rwanda and Nigeria—only at Lifestyle Uganda.
Previous Article lifestyleug.com__Features of the Airtel 4G Pocket MiFi (1) Get Free Data Bundles with Airtel Uganda 4G Pocket MiFi
Next Article lifestyleug.com__the Kenyan boy band Sauti Sol of the Sol generation (1) The Kenyan Boy Band Sauti Sol: Biography and 12 Things You Didn’t Know

Stay Connected

45.2kFollowersLike
5.1kFollowersFollow
213FollowersPin
35.6kFollowersFollow
11kSubscribersSubscribe
400FollowersFollow
- Advertisement -

Latest News

Stanbic Bank and MultiChoice launch leadership programme in Uganda.
Stanbic Bank and MultiChoice Launch Leadership Program to Elevate Uganda’s Mid-Level Talent
Business News
3rd July 2025
CowBoii named latest artist in Apple Music’s Africa Rising programme.
CowBoii joins Africa Rising as Apple Music backs new wave of African talent
Entertainment Music
3rd July 2025
Dax Vibez will now host his first solo concert at the UMA Show Grounds.
After Hotel Africana pulls out, Dax Vibez moves maiden concert to UMA Show Grounds
Entertainment News
3rd July 2025
Deadly helicopter crash near Mogadishu airport kills five Ugandan troops.
Five Dead After Ugandan Military Helicopter Crashes Near Mogadishu Airport
International News & Politics News
3rd July 2025
//

At Lifestyle Uganda, we inform, entertain, and inspire action through the content we create — empowering you to live a celebrity life.

Quick Link

  • Home
  • News
  • Business
  • Entertainment
  • Health & Living

Top Categories

  • About Us
  • Send a Tip
  • Terms of Use
  • Privacy Policy
  • Contact

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Lifestyle UgandaLifestyle Uganda
Follow US
© 2025 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up