Developed on the Ethereum blockchain, the Audius platform is a music streaming service that hits all the right notes. It aims to address a number of issues specific to the music industry: financing, number of listens, copyrights. In addition, the platform enables artists to distribute their records on the blockchain and monetise their creations via smart contracts.
Native to the Audius ecosystem, the AUDIO token plays an essential role in the proper functioning of the platform. And that's not all, certain holders have access to various features: exclusive audio content, competitions, decision-making voting rights. Thanks to the Audius platform's collaborations with the TikTok app and the Solana blockchain's Phantom wallet, the Audio token is set to benefit from the disruption and democratisation of the music industry.