Audius has been rallying since yesterday on news that it signed a naming rights deal of previously unimaginable magnitude. According to the agreement, the iconic Red Rocks Amphitheater near Denver, Colorado will be renamed to AUDIO Amphitheater.
Audius gained 15% yesterday and added almost a fifth to its value today. If you want to know what Audius is, can it give you good returns, and the top places to buy Audius, you’ve come to the right place.
Top places to buy Audius now
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What is Audius?
Audius network is a decentralized music sharing and streaming platform created in 2019. Audius aims to remedy issues related to revenue disbalance in the music industry, among others.
The network consists of a content ledger, content nodes, and discovery nodes. The ledger saves all the information on artists’ content, rights, and other information. This data is tamper-proof as it’s put there right by the source.
Content nodes host and share music with the artists’ permission. Finally, discovery nodes maintain an index of metadata and content and reply to queries.
When a user stakes AUDIO, the platform’s native coin, they can run a node and receive a percentage of the network fees. They can use AUDIO for governance purposes or to unlock extra features within the platform.
Should I buy Audius today?
Audius can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.
Audius price prediction
Tech News Leader believes Audius’ price will keep increasing. They predict it will break $4 in 2027 and trade for $27 in a decade. Its price at the time of writing was $1.63.
Audius on social media
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