Rock Band Queen Drives First Bitcoin Sale for Argentina Ticket Startup

An Argentinian fan of the classic rock band Queen has become the first customer to buy tickets with bitcoin through EntradaFan, according to the company.

Launched in April, EntradaFan is a peer-to-peer online ticket marketplace seeking to compete with market leader Ticketek. The announcement follows EntradaFan's decision to accept bitcoin through a partnership with processor BitPagos, an Argentinian bitcoin firm that allows merchants to accept bitcoin as payment and settle fiat purchases in bitcoin.

The news itself comes amid a particularly active time for bitcoin in Argentina, with bitcoin services firm Xapo having recently signed a deal with social network Taringa! and media outlets such as The Wall Street Journal and The New York Times profiling the tech's regional growth.

EntradaFan director Rodrigo Alvarez alluded to what is perhaps bitcoin's growing popularity as a payment method in the region in a statement, adding:

"We decided to add this new digital currency to our means of payment due to the great acceptance that has been generated."

The Queen concert, to be held on 25th September, will see former American Idol star Adam Lambert singing vocals for original frontman Freddie Mercury, a position he first took up in 2011.

To be held at GEBA Stadium in Buenos Aires, the date is part of a five-night tour of South America that will see the band headlining the opening night of the famed Brazilian Rock in Rio Festival.

Queen + Adam Lambert image via Flickr