A multinational financial and business news website based in New York City. In a recent report, Business Insider listed “14 Music-Tech Companies to Watch.”
A decentralized music streaming protocol among these 14 companies Audius (AUDIO) also took part.
After this news AUDIO While it caused a huge jump in price, AUDIO price increased by 57% in the last 24 hours.
Commenting on Business Insider’s news Audius co-founder Forrest Browning he said:
” Think of us as a more modern form of SoundCloud, with lots of paid fan engagement layered on top.
Currently, Audius runs on a decentralized blockchain powered by Solana and Ethereum.
Additionally, Audius currently has between 5 and 6 million monthly active users. The platform’s most popular genres are electronic and hip-hop.
Currently, artists do not have a venue or outlet to foster deeper relationships and deeper collaborations. Audius wants to fill this gap by giving superfans a new way to interact with their favorite artists.”
*This is not investment advice.
Source: Bitcoinsistemi.com