What is Audius (AUDIO)?
Audius is a decentralized music streaming and sharing platform that facilitates direct transactions between listeners and creators. Anyone has the ability to distribute, stream, and profit from audio content.
Key Features of Audius (AUDIO)
The Audius platform consists of the following key components that work together:
- Content nodes: a network of user-operated nodes that manage content and access right for artists.
- Content ledger: an aggregated source of all data available on the Audius platform, attaching content references to content nodes.
- Discovery nodes: a network of user-operated nodes that provide index for the content ledger and an easy interface for users to search and retrieve data.
Using Audius, users can listen to music at 320kbps, the highest music quality for a free platform. In addition, users can also upload, develop and manage their own content on Audius without worrying about having their accounts removed or banned.
Audius Tokens
Audius (AUDIO) has 3 types of tokens:
- Native token: AUDIO token
- Stablecoin: intended to be released in the future, used for paid services on Audius
- Artist token: representing artists to give exclusive rights to their fans.
Token AUDIO
AUDIO is the native utility token of AUDIUS, used for the following purposes:
- Staking to run content nodes and discovery nodes;
- Staking to use exclusive features and services like artist tokens and badges, and get voting rights from fans who want to share in their success;
- Participating in protocol governance voting.
Specifications
- Ticker: AUDIO
- Blockchain: Ethereum
- Token standard: ERC-20
- Total supply: 1,000,000,000 AUDIO
- Circulating Supply: 411,910,943.00 AUDIO
Token Allocation
Ausius launched its Mainnet in October 2020. The total AUDIO supply is distributed as follows:
- AirDrop: 5.5%
- Foundation treasury: 18%
- Team and advisors: 40.5%
- Investors: 36%
AUDIO token Price today
How to buy AUDIO
Audius (AUDIO) has been listed on Attlas Exchange.
Traders can easily and securely buy AUDIO with lowest fees on Attlas Exchange.
Step 1: Download the app and register an account
Step 2: Select Market on the toolbar at the main screen
Step 3: Select Spot
Step 4: Find AUDIO
Step 5: Select Buy
Summary
This article is an overview of Audius (AUDIO), not a financial advise.
Users are advised to do their own research before making any trading decisions.