Audius is lesser-known music streaming app that is gradually getting popular among users for its features and user-friendly functions. The app has raised funds from top celebrities and Hollywood stars like Katy Perry, and Jason Derulo.
Due to its features, the app looks similar to SoundCloud. However, there are several innovative features that the app consists of that make it beyond a music streaming app. Audius music streaming app acts as a connecting bridge between the artists and their fans.
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What Is Audius?
The unique thing about Audius is that it’s crypto-powered music streaming app. The app uses ‘Audio’, its own Ethereum-based cryptocurrency token. As of now, over 1 lakh artists worldwide are using this music streaming app.
The app was founded in 2018 and is based on blockchain technology like SoundCloud. The app is specially designed for artists. Currently, Auidus has over 5.3 million unique and active users.
Audius currently can not enforce copyright protection since the available content is distributed across decentralized nodes. However, the development of an arbitration system is underway.
How Audius is Different?
Audius music streaming app is owned, run, and managed by artists, fans, and developers themselves to help artists get the best compensation for their work. Audius also offers an inbuilt social media feature to allow artists to connect directly with their fans.
Since the music streaming app is powered by Blockchain technology, it enables artists to timestamp their precious work. Even people outside the blockchain community can enjoy the app without any difficulty.
How Does Audius Work?
Audius functions as a blockchain community that offers token-based incentives. The incentives are available across the three main groups namely node operators, artists, and fans. These groups together make the network. Audius is a blockchain project powered by Ethereum token Audius (AUDIO) and meant to serve the following purposes:
Network security
In order to run a node, operators stake tokens. It enhances security. Network rewards the node operators n return.
Exclusive features
For staking the tokens, artists get access to premium features.
Governance
Operators having tokens can vote on any and all proposals to make changes to code and the network itself.
Who is Investing in Audius?
The platform is gradually getting traction among music artists. Many have funded the app to make it popular and generate more reach among major-label artists. Katy Perry, Jason Derulo, Pusha T, Nas, and The Chainsmokers are some big names that invested in Audius and many more are following the suit.
To avoid infringement and content copyright issues, music labels upload their original music videos on Audius that have not been shared on other music-sharing platforms or social media channels. The platform is the best place to upload live concerts performed by bands.
How to Find New Music on Audius Music Streaming App?
Now you know what Audius is and why it is here. Now we will find out how to discover new music on Audius platform:
- Launch the app on your device
- Set up your profile
- Select the artists you want to connect with and follow
- Tap the arrow at the bottom of the screen to explore trending music.
- It will land you on the tab for music Trending This Week.
- Alternatively, you can also tap This Month and This Year to discover more labels
- Tap the Explore button found at the bottom of the screen to discover new music and artists
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