Hidden Gem (1/25)

4Ji1...zZya
26 May 2022
10

Crypto Markets is many more to explore .There are many coins that are with high concepts and futures but yet to explore more and high chances of giving high rewards in futures. 
Among these ,we are going to explore 1 of 25 coins ,AUDIO. 

AUDIO is not much hidden as it is listed in binance and many more exchanges. But it is more yet to explore.

Audius is a decentralized music streaming protocol initially built on POA Network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.

udius was founded in 2018 by Roneil Rumburg and Forrest Browning, two California-based entrepreneurs. Roneil Rumburg is a Stanford University alumnus who co-founded Kleiner Perkins, an early-stage seed fund investing in blockchain and AI companies. Forrest Browning, also a Stanford alumnus, is a Forbes 30 Under 30 recipient and a co-founder of StacksWare, an enterprise data center management platform. The team is complemented by 21 other employees and backed by a host of other illustrious names, such as deadmau5, a popular electronic music producer, Adam Goldberg, co-founder and MD of Stanford Crypto, and Bing Gordon, co-founder of EA Games.


The Audius ecosystem consists of four main participants: artists, fans, content nodes and discovery nodes.
Artists publish content on the Audius content ledger. They can do so at no cost and music is streamed at 320kbps, comparable to standards of Spotify and Google Play Music. Because of Audius’ decentralized nature, there is no copyright protection, although the protocol is working on an arbitration system that will be overlooked by the community. Artists can use Audius to experiment or share bonus tracks, and the platform plans to include artist tokens to facilitate monetization, subject to artists staking AUDIO. Artists can also articipate in reward schemes that see tokens airdropped to the most popular artists.


Due to it's strong projects and partnership it's more likely to have high marketcap. 
The project is more realted to entertainment so more people enojys in near futures ti be a part of this community.



Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to grika

1 Comment

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.