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Audius: Blockchain Project Making Waves in the Streaming Industry ($AUDIO)
September 23, 2021
Audius: Blockchain Project Making Waves in the Streaming Industry ($AUDIO)
Audius ($AUDIO) is an Ethereum-based decentralized streaming platform that aims to revolutionize the music industry by empowering musicians and listeners. In recent months, Audius has made the headlines several times, and LikeFolio data shows that awareness is on the rise.
Mentions of the Audius steaming protocol and the governance token (AUDIO) are up +578% QoQ (7d MA) and still rising.
Notable headlines from recent months include:
- Aug. 6th – Audius reaches 5M monthly users
- Aug. 17th – Audius announces a major partnership with the video sharing app TikTok
- Sep. 17th – Audius announces a $5M funding round, with investments from Katy Perry, Nas, and other notable artists
Audius allows artists to take control of their music, monetize it (no label necessary), and reward fans directly. So, it’s no surprise that the protocol is already drawing attention from high-profile musicians.