Audius Price Chart Update [AUDIO]

The AUDIO price update as of now is $0.1630. In the previous 24 hours, its trading volume was $12,078,912, and its value has decreased by -2.28%. As of now, AUDIO's live market cap is $143,278,021, and it is ranked as the #308 on the Coincu. AUDIO has a circulating supply of 1,233,458,108 and a maximum supply of 1,233,458,108.

Unlocking the Potential of Music Creators: Audius Empowers Artists and Monetizes Content

Thanks to music streaming platforms, music access has become incredibly convenient. However, artists still encounter various obstacles in the traditional music industry, such as low income, lack of transparency, and limited control over their products' distribution and sales. Audius seeks to tackle these challenges head-on by empowering music creators and enabling them to monetize their content through its native cryptocurrency, AUDIO.

The Distinct Advantages of Audius: A Groundbreaking Protocol for Music Sharing

Audius (AUDIO) is an innovative online music sharing protocol that directly connects composers with listeners, granting individuals the freedom to publish, manage, and trade audio content. As an ERC-20 token, AUDIO also serves as a governance token on the Audius platform. Token owners can contribute to AUDIO to help secure the network, participate in Audius' management, and gain access to exclusive content. Additionally, users have the opportunity to earn AUDIO rewards through staking.

A New Era for the Music Industry: The Key Features of Audius

Tackling Artists' Challenges Head-On

Audius aims to address the diverse challenges faced by artists in the music industry, such as music rights, royalties, and ownership, by providing a platform that enables the distribution, monetization, and playback of music online. Unlike traditional music channels, Audius doesn't compensate artists solely based on the number of plays their tracks receive. Instead, the platform focuses on artists' activity, fan interactions, and overall user engagement.

By uploading and distributing their songs using decentralized nodes on Audius, artists retain full ownership of their content. The platform offers multiple ways for artists to generate income from their audio content, including participation in the Weekly Top 5 Trending Tracks, Weekly Top 5 Trending Playlists, Top 10 Monthly API Apps, and uploading their first track after verifying their social media accounts.

Furthermore, Audius empowers artists to engage with their community through artist tokens. These tokens provide holders with exclusive access to token-restricted content, such as unreleased tracks and remix contests. Audius also plans to reward artists with AUDIO tokens based on their social interactions with fans and the number of listeners they attract.

In the future, Audius also aims to introduce support for USDT and other stablecoins, allowing fans to unlock paid content on the platform.

The Unique Value Proposition of Audius

Audius offers users the opportunity to enjoy high-quality music on a free platform. It allows anyone to post and develop products without worrying about external control, as no organization or individual can ban or remove content from the platform.

Within Audius, there are three types of tokens:

• Native token: AUDIO serves as the native token of Audius.
• Stablecoin: Although currently unavailable, Audius may integrate a third-party stablecoin in the future to unlock paid services on the platform.
• Artist tokens: These tokens are unique to each artist and grant fans who hold them special rights. To obtain artist tokens, artists must possess AUDIO tokens.