THELOGICALINDIAN - Audius a new kid on the blockchain is attractive to appearance an absolutely new way of music administration amid artisan and admirers AudioCoin break bottomward the barriers of acceptable music costs anon abutting artists and admirers through a cellophane broadcast ledger
Let’s dive in to Audius’ role in music and added on the platform’s built-in token.
The Get Down: What This Platform & Token Is All About
For those who are accustomed with audio belvedere Soundcloud, you will accept Audius has acquired agnate comparisons because of its ‘artist-first’ mentality. This access accustomed Soundcloud to bearing abounding acknowledged artists, such as Chance The Rapper, because of the platform’s adeptness to drive music to admirers with basal characterization interference. How does this tie into Audius, as able-bodied as cryptocurrency added broadly? The belvedere is application the blockchain to affix sellers and consumers aural music in a agnate attitude as Soundcloud.
Audius additionally uses the aforementioned artist-friendly approach, by acceptance them chargeless uploads, a abundant artisan allotment payout, and adjustment opportunities. All of these affairs will be appear on the blockchain. The belvedere seems to accept a close compassionate that artisan buy-in is critical.
The crypto music belvedere additionally has a badge accessible with bound admission points; however, this badge has surged into the top 150 tokens and will be attractive for connected exchanges to host on.
Related Reading | GreedSwap: Super Producers Cool And Dre Help Launch New Coin & Crypto Label
Audius & The Music Industry
The way music is bought and awash today has acquired acutely over the accomplished decade. With the acceleration of agenda streaming, Audius now provides a new way that ability change how we get our admired songs. Other projects angle to account abundantly as Audius shows us a new abeyant adapt about crypto and the music business.
The San Francisco-based bread has acquired some civic attention in contempo account on Rolling Stones with some abundant hitters accepting abaft the project. Some of the fast growing account of artisan investors accommodate Katy Perry, Nas, The Chainsmokers (via their Mantis VC), Jason Derulo, Pusha T, Steve Aoki, Linkin Park’s Mike Shinoda, and more. Audius is a archetype of how music administration and the blockchain assignment calm and effectively, accouterment an avant-garde way of accepting music to admirers and accepting artist’s paid.
Many absorbed investors about crypto and music are starting to attending at Audius (AUDIO) as article to accumulate an eye on. The crypto’s amount jumped decidedly this year and is still on the ascend as they abutting out added deals. With assertive backings from artists, executives, and platforms like TikTok, it will be absorbing to see how things go in 2022 and in years to come.
Related Reading | How NFTs Are Impacting Artists’ Lives: Enter Bullseum
