AUDIO - is a management token on the music platform Audius. It is a blockchain protocol based on Ethereum (ERC-20 tokens). Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content. With Audius, artists can generate immutable and timestamped records for their creative works, secured by an incentive-aligned decentralized network of node operators.
What AUDIO can be used for:
1. To run discovery or content nodes. Providers get a higher probability of fan discovery and a share of network fees for securing the network.
2. Icon for Features. To unlock exclusive features and services. Artists may unlock services like artist tokens and badges, and receive voting power from fans who want to share in their success.
3. Icon for Goм. To participate in protocol governance and shape the future of Audius. Every aspect of Audius is governable, creating a truly community-owned and operated streaming service.