Audius (AUDIO)

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What is Audius (AUDIO)?

Audius launched in 2020. It is a decentralised platform built for sharing and streaming music without the need for record labels or centralised platforms. By facilitating direct transactions between creators and listeners, Audius allows anyone to freely distribute and monetise their audio content.

AUDIO is a utility token used for a variety of functions on the Audius platform. The community can use it to participate in governance voting, as well as staking it on the network to run discovery and content nodes. Artists, fans, and node operators can all earn tokens by contributing to the network that drives Audius.