Audius (AUDIO)

What is Audius Cryptocurrency? Audius is a nascent cryptocurrency and decentralized protocol that enables users to stream, create and monetize music without the need for centralized intermediaries. It uses sound money to incentivize content creation and quality engagement with creators and fans, while being supported by a censorship-resistant infrastructure. Audius was developed by RAC, a Grammy-winning artist turned software engineer, and a team of technologists and cryptocurrency enthusiasts. The project was funded by top venture capital firms like General Catalyst, A16Z, and more. Who Founded it? Audius was created by RAC, a Grammy-winning artist turned software engineer, and a team of technologists and cryptocurrency enthusiasts. The project was funded by top venture capital firms like General Catalyst, A16Z, and more. What Makes it Unique? Audius is unique because it provides an incentive-driven platform for content creators, setting it apart from existing music streaming services like Spotify, Apple Music, and SoundCloud. Through its native token AUDIO, Audius is able to reward content creators with fair compensation while ensuring high-quality engagement. The protocol also offers censorship-resistance and creator ownership, something that centralized music streaming services struggle to guarantee. Where is it used? Audius can be used to purchase, stream, create, and monetize music in a decentralized and secure manner. Through its incentivized approach, content creators are able to receive fair compensation for their work. The Audius protocol also features a variety of features for content consumption and engagement, including a decentralized virtual concert platform, smart contract-based royalty collections, and more. Where to buy/sell Audius? Audius can be bought and sold on a variety of cryptocurrency exchanges, including Kraken, Binance, and Huobi Global. Before buying or selling any tokens, it’s important to research the specific exchange and ensure that it is safe and reputable.