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What is Audius (AUDIO)?

Audius (AUDIO) is a decentralized streaming network that connects music artists to fans directly. It is an open-sourced blockchain-powered platform for artists, fans, and developers which seeks to change the way artists are compensated. Audius’s platform has its own native token called AUDIO. The platform rewards participants such as artists, listeners, and developers with the AUDIO token for their contribution to securing the network.

Primary features of Audius (AUDIO)

• Easily accessible: Audius can be downloaded both on iOS and Android or accessed from the web for free.

• Decentralized music streaming: Audius allows artists to share their music directly with fans and the proceeds from the music go directly to the artist, unlike other traditional streaming platforms.

• AUDIO token: AUDIO, the native token of the Audius platform, is used to reward both artists and listeners, incentivizing engagement and participation.

• Governance: Audius has a robust community following. AUDIO token holders are allowed to participate in the platform’s governance, such as voting on proposals and changes to the network.

Is AUDIO a promising cryptocurrency?

Amid a sea of gaming and AI-based crypto tokens, AUDIO stands out as a music-based crypto that has attracted not just crypto investors, but musical artists like Katy Perry and Steve Aoki. AUDIO was launched in 2020 and since inception, it has made a name among crypto enthusiasts. As of August 2023, AUDIO is the top #252 crypto by market cap and top #277 in terms of trading volume. With a promising future, analysts expect AUDIO to trade between $1.56 and $1.90 by 2030.

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How do I use AUDIO?

• AUDIO token is used to reward artists and listeners. The token also rewards developers and other participants who contribute to the network maintenance.

• The token holders can stake their AUDIO holdings to earn extra rewards.

• AUDIO can be bought or sold from a crypto exchange like CoinSwitch. It can also be exchanged with other cryptos.

• The AUDIO token is used as a means of payment to access premium features and unlock exclusive content from artists.

Audius (AUDIO) ICO summary

Audius was founded in 2018, with a public launch in 2019 featuring a livestream event with artists like deadmau5, a Canadian music producer and DJ. The project has raised nearly $15 million from big names like Katy Perry, Jason Derulo, Steve Aoki, Nas, Pusha T, Ashton Kutcher’s VC firm, and former music executive Martin Bandier.

FAQ's on Audius

1. Is Audius coin secure?

Audius coin is generally considered secure, but like all cryptocurrencies, it carries risks. Ensure you use trusted wallets and follow security best practices.

2. How fast are Audius coin transaction?

Audius coin transactions are relatively fast, typically taking just a few seconds to complete on the Audius network. However, the exact speed can vary depending on network conditions.

3. Has Audius coin price undergone market correction?

Yes, the price of Audius coin (AUDIO) has undergone market corrections. It has experienced significant price decreases over the past year, including a 25% drop and a 95.69% decrease over the past three years, indicating corrections in its market value.

4. When was Audius coin launched?

Audius coin (AUDIO) was launched in October 2020 as the native token for the Audius decentralized music streaming platform.

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What is Audius (AUDIO)?

Who founded Audius (AUDIO)?

Primary features of Audius (AUDIO)

Is AUDIO a promising cryptocurrency?

How do I use AUDIO?

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How to trade in Audius (AUDIO)on CoinSwitch?

Audius (AUDIO) ICO summary

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