The latest industry news to your inbox.


I'd like to hear about marketing opportunities


I accept IQ Magazine's Terms and Conditions and Privacy Policy


Historic bar and music venue for sale in cryptocurrency

CA$6.8m in Bitcoin, XRP or Ethereum to buy historic Canadian bar, restaurant and live music venue Stone Jug

By Anna Grace on 11 Feb 2019


Bitcoin, XRP and Bitcoin

The owner of Stone Jug, a historic restaurant, bar and live music venue in Carbonear, Canada, is accepting buyers using the cryptocurrencies Bitcoin, XRP and Ethereum.

Stone Jug owner, Bruce Branan, is accepting the three leading cryptocurrencies as well as 28 fiat currencies for the purchase of the historic bar and restaurant, priced at CA$6.8 million.

The venue has a capacity of 370 people across three floors, including a conference room and multi-purpose theatre, used for musical performances. Stone Jug hosts local entertainers for traditional Irish and Newfoundland music sessions each weekend.

The live music industry is no stranger to cryptocurrencies, or the blockchain technology behind them

The live music industry is no stranger to cryptocurrencies, or the blockchain technology behind them.

Blockchain technology is currently used by Ethereum-based platforms Aventus and Crypto.tickets to regulate and standardise live event ticketing. The same technology is also used by Ethereum platform, Viberate, a decentralised talent ecosystem for live music events.

The potential uses of blockchain technology in the live music sector extend to licensing, live streaming, marketing and fan-to-artist interaction, among others.


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

More news

Music coins weather the cryptopocalypse As the crypto market begins to recover from Bitcoin's early-2018 slump, the companies behind the some of biggest live music-focused coins are bullish...on their future growth
Viberate, live music cryptocurrency, prepping ICO The 'initial coin offering' of 200m Vibes is the latest chapter in Slovenia-based Viberate's mission to create a 'live music Airbnb' for unsigned...musicians
Viberate adds CTS Eventim to ticket sales partners Eventim joins TM, Eventbrite and Skiddle as ticketing partners of the Slovenian start-up, which connects artists, venues, promoters and agents using...the blockchain
Imogen Heap partners with Viberate Blockchain pioneer Heap is to lend her support in an advisory role to Viberate, which is using the distributed ledger technology to connect the global...live music industry
Imogen Heap announces tech-focused new world tour Award-winning recording artist and tech evangelist Imogen Heap has announced the Mycelia world tour, her first in nearly a decade