Audius (AUDIO) is a cryptocurrency that powers a decentralized music streaming platform. It's built on the Solana blockchain and aims to revolutionize the music industry by giving artists more control over their work and fair compensation.¹
Here are some key features of Audius:
- Decentralized Music Streaming: Audius allows artists to upload, share, and stream their music, while keeping full control over their content.
- Instant Payments: Artists are paid instantly in AUDIO tokens every time someone streams their music.
- Community Governance: The Audius platform is governed by its users, who can propose and vote on changes to the protocol.
- Security: The platform uses a decentralized network of node operators to ensure the security and integrity of the music content.
It's worth noting that Audius has a unique approach to rewarding network participants, including artists, node operators, and fans. The platform also has a strong focus on community governance and decentralization, which sets it apart from traditional music streaming services.²
