Audius AUDIO Price 0.01217557

The platform powered by the native AUDIO token aims to align the interests of artists, fans. Fans can listen to the artists' uploaded music for free. The people who started the company are Roneil Rumburg and Forrest Browning. Roneil Rumburg co-founded Kleiner Perkins, an early-stage seed fund. AUDIUS is unique because artists publish their work on the ledger. The music is streamed at a high quality and they can do it for free. The protocol is working on a system that will be ignored by the community. Artists can use the platform to experiment with bonus tracks, and the platform plans to include artist token to facilitate monetization. Fan clients fetch the content, submit proof, and request keys to content, while an artist's client chooses a set of these nodes to do so automatically on the artist's behalf. Artists have the option to run their own content nodes and have more control over their distribution. The features were unlocked. There are value-added services that can be staked. According to the team, Solana was chosen because of a number of reasons. It is cheap and offers a lot of transactions. Blocks of 400ms and confirmations under one second make it fast. A proof-of-stake consensus mechanism with Byzantine partial fault tolerance is found in Solana.