USA’s largest cryptocurrency exchange, Coinbase aims to list it in its latest statement. altcoin to the list Audius (AUDIO) added the token.
AUDIO Makes a Leap After Altcoin Listing News
AUDIO altcoin price showed a huge rise right after the news of the listing, and at the time of this writing, it had risen by more than 10% within seconds.
AUDIO is already listed on major exchanges such as Binance and Bybit.
Asset added to the roadmap today: Audius (AUDIO) https://t.co/zu1IBdrD7X
— Coinbase Assets (@CoinbaseAssets) January 23, 2023
What is AUDIO?
Audius is a decentralized music streaming protocol that was originally built on the POA network but currently runs on Solana. According to the developers’ testimony, Audius was launched to address the inefficiencies of the music industry, which has been plagued by opaque music rights ownership and intermediaries standing between artists and their listeners.
Audius aims to align the interests of artists, fans and node operators through its platform powered by the native AUDIO altcoin. Artists can upload music that is stored and distributed by content and discovery nodes for free to listen to fans.
In the future, it plans to integrate stablecoins for artists to deliver paid content, as well as artist tokens that give fans access to exclusive content, potentially collaborating with platforms like Rally.
Audius was founded in 2018 by two California-based entrepreneurs, Roneil Rumburg and Forrest Browning. Roneil Rumburg, a Stanford University graduate, is a co-founder of Kleiner Perkins, an early-stage seed fund that invests in blockchain and artificial intelligence companies.
*Not investment advice.
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