Audius is a decentralized audio sharing platform that allows artists to share their music directly with fans, and allows fans to stream and download any song in the Audius library. Audius is built on the blockchain, which means that it is censorship-resistant and tamper-proof. It also uses a unique token system that rewards users for participating in the Audius community.
The native cryptocurrency that drives the Audius system is the Audius token (AUDIO). In the Audius ecology, it provides three primary functions:
- Protect the network.
- Assume the role of a governance token.
- Provide exclusive features and information.
Visit: Audius (AUDIO)
Audius is a completely decentralised music streaming network that allows users to directly support musicians using AUDIO, the site’s native coin. Audius has around 6 million monthly unique visitors and hosts over 100,000 artists as of December 2021.
One of the main advantages of Audius is that it’s built on the blockchain, which allows for more transparency and accountability. For example, artists can see exactly how much revenue they’re generating from their music, and listeners can be sure that they’re getting fair compensation for their contributions.
Another key feature of Audius is its ability to tokenize musical assets. This means that artists can sell fractional ownership of their songs or recordings, which gives them more flexibility in terms of how they monetize their work.
Who Are the Founders of Audius?
Roneil Rumburg and Forrest Browning, two California-based entrepreneurs, established Audius in 2018. Roneil Rumburg is a Stanford University graduate who co-founded Kleiner Perkins, a startup fund focused on blockchain and artificial intelligence.
How does Audius (AUDIO) work?
Audius is a startup that is looking to create a decentralized music sharing protocol. The goal of Audius is to help artists get paid for their work and give fans access to the music they love.
Audius promises to alleviate the difficulties that musicians encounter in the music industry, such as music rights, royalties, and ownership, by allowing anybody to share, sell, and stream music. It cuts out the middleman between artists and their fans, allowing them to engage directly on the platform.
Unlike typical music distribution platforms, Audius does not compensate artists simply based on the number of times their songs are played. It also takes into account artists’ activity on the site, how they connect with fans, and general user engagement.
Audius works by allowing users to upload their music and then granting access to those who want to listen. Artists are able to set up their own pages on the Audius platform and sell their music directly to fans. In addition, Audius will also feature a streaming service that will allow users to listen to music from any artist on the platform.
One of the key features of Audius is that it is built on blockchain technology. This allows artists to retain control over their music and allows fans to know that they are using a secure platform. In addition, blockchain technology ensures that artists are paid fairly for their work.
How to buy AUDIO Coin
- When looking to buy AUDIO Coin, there are a few things you need to take into account.
- The first is the quality of the product. Make sure that you are getting a good quality product that will last.
- You also need to make sure that the company you are buying from is reputable and has a good reputation.
- Finally, make sure you are getting a good price for the product.
You can buy Audius (AUDIO) Coin on cryptocurrency exchanges Like
