What is Audious?
Audious is a decentralized music sharing and streaming platform built on blockchain technology. It aims to give more control, transparency and compensation to artists compared to traditional centralized platforms like Spotify or SoundCloud.
Some key aspects of Audious include:
- Allows artists to upload and share their music for free without needing record labels or distributors
- Uses blockchain and crypto tokens to facilitate direct payments from listeners to artists
- Artists earn 90% revenue from streams and downloads compared to 30-40% on other platforms
- Listeners can support artists directly with AUDIO tokens and get exclusive content
- All data like streams, downloads and revenue are publicly verifiable on the blockchain
- The platform is governed in a decentralized way by the Audious community based on the number of AUDIO tokens held
Overall, Audious is building an alternative ecosystem for music sharing that is more transparent, fair and empowering for artists. By cutting out the middlemen through blockchain technology, it aims to properly compensate artists and allow them to connect directly with supporters.