Audius is a decentralized music streaming platform that allows artists and fans to connect directly without intermediaries. By utilizing blockchain technology, Audius enables artists to distribute their music and earn more from their content, while providing a direct way for fans to support and engage with their favorite creators.
Audius operates on a decentralized blockchain architecture, using a Proof of Stake (PoS) consensus mechanism. It allows for peer-to-peer content sharing, meaning that artists can upload their music directly to the platform, where fans can access it. Smart contracts facilitate transactions and agreements between artists and fans, and the AUDIO token is used for payments and rewards within the system.
Audius is primarily used in the music and entertainment industries, allowing for music streaming, artist promotion, and direct fan engagement. Artists can monetize their content without intermediaries, and fans can support creators directly. Additionally, Audius has the potential for broader use in content creation and distribution industries.
Audius was founded by entrepreneurs and engineers passionate about music and blockchain technology. Major milestones include the launch of the Audius platform and the introduction of the AUDIO token. Over time, Audius has evolved into a significant player in the decentralized music streaming space, gaining popularity among both artists and listeners. The platform continues to grow with ongoing updates and new features.
The Audius price is $0.19713497 AUD, representing a +4.47% from the day prior.
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The trading volume of Audius (AUDIO) is $58.0M AUD in the last 24hrs, representing a +4.47% from the day prior.
Audius (AUDIO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Audius (AUDIO) is $249.9M AUD.
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The current circulating supply of Audius (AUDIO) is 1.3B.
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