AUDIO is staked for security, feature access and governance and earned by artists, fans and node operators who drive Audius.
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. You can build your own fanbase, share your works in progress and publish your tracks. You can create, grow and monetize without graduating off the platform or go through the cumbersome process of signing a record deal. This has led to an increase in AUDIO price.
High Quality Audio
Audius offers a high clear streaming at 320 kbps which is the highest quality audio from any free music platform.
You have access to unlimited uploads, metrics, dashboard and many other features on Audius free for lifetime.
The protocol consists of:
- Discovery nodes that index the Audius content ledger and provide an easily query-able interface for retrieving metadata;
- Content nodes to host content and permission access to content on behalf of artists;
- Content ledger as a single source of truth for all data accessible within the Audius protocol, anchoring references to content hosted by content nodes;
AUDIO Token Utility
- Participating in protocol governance voting
- Staking for running discovery or content nodes so users will get a share of network fees
- Staking to unlock features like artist tokens and badges and receive voting power from fans
Let us review AUDIO Price
AUDIO Price Prediction
AUDIO was in an accumulation zone between $0.59 to $1.45. Once it broke the resistance zone at $1.45 we saw a quick move towards the higher resistance and it is not trading above the support zone at $2.73. As long as it stays above this support zone, we could start seeing a move towards $3.32 and $4.05. If the resistance at $4.05 breaks and flips to support, we could see a move towards $$6.20 and $9.66 in the long run .Failure to hold the support at $2.73 could lead to a drop towards $2.17, $1.92 and $1.45 which would be a good place to long AUDIO.
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