Anghami Music Streaming Service Starts Accepting Bitcoin
BEIRUT/PRNewswire/ --
Anghami, the leading mobile music application in the Middle East and North Africa region,
announced that it would accept Bitcoin for its subscription fees,
therefore becoming the first music service in the world to accept the
digital currency and also one of the first online businesses in the
region to do so.
Anghami,
like other streaming music services, adopted the freemium model where
users can stream and listen free to its growing music catalogue for
several hours per month. Users can subscribe to listen and download
unlimited music. Anghami's service is available on all smartphones such
as iPhone, Android, Windows Phone, Blackberry 6,7 and 10, Nokia Symbian
as well as Nokia Asha.
Bitcoin
is a peer-to-peer payment system and digital currency introduced as
open source software in 2009. It uses cryptography to control the
creation and transfer of money.
"Bitcoin is still in its early days - especially in the Middle East.
But just like everyone was skeptical that streaming is the future of
music, we believe that Bitcoin is the future of payments. Moreover,
Anghami being a mobile service, paying via your digital Bitcoin wallet
is a no brainer", co-founder Elie Habib said.
Anghami
is committed to providing users easier alternative payment methods,
including prepaid cards, telco billing, Paypal, and now digital
currencies. Bitcoin itself offers the lowest transaction fee among all
methods. The Bitcoin purchases will be processed through BitPay, the
world's largest payment processor for virtual currencies.
Co-founder Eddy Maroun added
"Bitcoin is getting major backing from the entrepreneurial ecosystem
and from technologists worldwide. By accepting it, we're sending a
message that we also believe in it. We want our digital enthusiasts user
base to be proud of Anghami and rally to spread our vision."
It
just might take a while for the world and the MENA region to catch on,
but Anghami is delighted to be part of the Bitcoin early adopters.
About Anghami:
Anghami is the leading music service in the Middle East, launched in December 2012 with
over 4 million users to date, allowing you to listen and download
music, on any mobile or tablet. Anghami is the largest legal digital
music project in MENA, providing over 10 million tracks licensed from
the likes of Rotana (Exclusive in KSA, UAE, Lebanon),
Platinum Records, Mazzika, Melody and leading regional and global
aggregators. Anghami also offers access to the international labels such
as Universal, Sony and Warner, Beggars, Armada and many others.
Contact:
To learn more about Anghami, please contact Jad Jamous at press@anghami.com or follow the latest info onhttp://www.anghami.com, http://www.twitter.com/anghami and http://www.facebook.com/anghami
SOURCE Anghami