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“A big focus of Audius from day one is enabling deeper connections and deeper interactions between the fans and the artists directly,” Forrest Browning, chief product officer and co-founder of Audius, told CryptoX. “In the future there will be many other ways that you could demonstrate to an artist that
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With AUDIO, the token of the Audius platform, listeners could send tips to any artist who publishes their music on the platform, whether they have a massive following or not. Web3 music platform Audius has collaborated with the social media platform TikTok on another new functionality. In an announcement on Thursday,
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Audius users can sign up for the application with their TikTok profiles, as well as utilize the streaming service’s songs in their videos on the social media platform. Source
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Competition is an issue, as leading DSPs have built “economic moats” around their businesses by offering large music offerings through record labels and by leveraging personal data to improve the user experience, the note said. Smaller DSPs, such as Audius, are faced with a “Catch-22 scenario,” as user adoption is
Read MoreThe sophisticated exploit involved attackers passing a malicious governance proposal by exploiting smart contracts. Original Source
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Proposals in crypto help communities make consensus-based decisions. However, for decentralized music platform Auduis, the passing of a malicious governance proposal resulted in the transfer of tokens worth $5.9 million, with the hacker making away with $1 million. On July 24, a malicious proposal (Proposal #85) requesting the transfer of 18
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Audius, a platform serving seven million listeners and 250,000 artists, caters to artists who want to share their most exclusive content for their biggest fans on the blockchain. Now, it’s taking the platform it has grown since 2018 in the direction of creator monetization to support artists in new ways,
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