What is the Audius token used for?

Audius uses the AUDIO token to keep users incentivized to use their platform. Staking AUDIO tokens reward the user, and betters the services that Audius provides. Node operators can stake tokens to ensure the security of Audius and keep it running smoothly.

How does Audius crypto work?

Audius enables musicians to maintain sole ownership of their music by generating immutable timestamps of their content, secured by a network of decentralized node operators. On Audius, any music creator can upload and monetize content.

Is Audius any good?

The Audius App allows people to discover and follow artists. Audius lets people discover new music, connect with artists, and earn money directly from the content they make available to their fans. The platform does this by using blockchain technology, which makes it a more credible and stable platform.

Does Audius cost money?

While uploads and account creation are free on the platform, some content is accessible only if you buy their tokens ($AUDIO). This way, Audius “gives fans the exclusivity they deserve,” to use the platform’s words, including the possibility to participate in remix competitions.

Will Audius go up?

In DigitalCoin analysis, the price of Audius cryptocurrency will rise in the next 5 years starting from $1.4896399 as of today’s price to $5.3361464. It will go up to $2.4285607 by 2022 and continue its growth in 2023-2024. Based on this forecast, Audius is a profitable long-term investment.

Is Audius legal?

How does Audius handle piracy and unauthorized uploading of copyrighted material? Per our terms of service, you can only upload content to Audius that you own the rights to. However, our company cannot decide to remove your content, only you or the community can via our arbitration system, which is coming soon.

Who uses Audius?

There are just over 100,000 artists on Audius, including relatively well-known names like Skrillex, Weezer, deadmau5, Russ, Mike Shinoda, Diplo, Madeintyo, Odesza, Disclosure, Alina Baraz, and Wuki. Generally, artists start with one or two tracks and later expand as they get positive feedback from fans on the platform.