How Crypto Streaming Service Audius Hit Six Million Monthly Active Users | Cryptonate

How Crypto Streaming Service Audius Hit Six Million Monthly Active Users

Audius, a blockchain native music streaming platform, hit six million monthly active users in August and announced a partnership with TikTok. Roneil Rumburg, co-founder and CEO of Audius, talks about how Audius works, AUDIO tokenomics, the give and take of decentralization, and more. Show highlights:

  • what problems Audius is solving for creators
  • how artists are utilizing crypto to connect with fans
  • how the crypto components of Audius fit together
  • what three utilities AUDIO, the native token of Audius, offers holders
  • why Audius requires over $500K in AUDIO tokens to run a node
  • why AUDIO’s inflation rate is higher than other popular tokens like Ethereum or Bitcoin
  • which portions of Audius are centralized versus decentralized
  • where the majority of Audius’s listens come from (hint: it’s not the app)
  • how Audius has created a “password” system to make blockchain technology easier to use for non-crypto natives
  • why Audius uses both Solana and Ethereum
  • how big-name artists like Diplo found their way onto Audius
  • how Audius makes it easier to upload music to TikTok
  • what’s next for Audius

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Episode Links

Roneil Rumburg

Audius

What is Audius?

TikTok + Audius Coverage

General Coverage

 

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2021 Shows Unchained Audius Ethereum Music Solana Tiktok