Welcome To Wootfi All In One Review Blog
Contact Us For Help & Advertisement Enquiry
0
  • HOME
  • AIRDROPS
  • CLOUD MINING
  • COINS
  • TRADE
  • INVESTMENT
  • NEWS
  • WALLET
  • ICO

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021

Categories

  • AIRDROPS
  • Blockchain News
  • CLOUD MINING
  • COINS
  • Crypto News
  • Exchange
  • ICO
  • Investment
  • NEWS
  • Press Release
  • Uncategorized
  • WALLET
  • Web Hosting

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • About Wootfi
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Sitemap
  • RSS Feeds
  • Contact Us
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
Contact Us
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
0
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
0
  • HOME
  • AIRDROPS
    Banger Airdrop Review: Empowering Gamers to Profit 
    Banger Airdrop Review: Empowering Gamers to Profit 
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Cex Airdrop Review: One Participant will Get $500
    Cex Airdrop Review: One Participant will Get $500
    Forta Airdrop Review: Real-time security & Operational Monitoring
    Forta Airdrop Review: Real-time security & Operational Monitoring
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    Previous Next
  • CLOUD MINING
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Razor Network (RAZOR)?
    What Is Razor Network (RAZOR)? Complete Guide Review About Razor Network.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Previous Next
  • COINS
    What Is Algomint (GOMINT) Coin Review ? Complete Guide Review About Algomint
    What Is Algomint (GOMINT) Coin Review ? Complete Guide Review About Algomint
    What Is Solberg(SLB) Coin Review ? Complete Guide Review About Solberg
    What Is Solberg(SLB) Coin Review ? Complete Guide Review About Solberg
    What Is DeFiPie (PIE)?
    What Is DeFiPie (PIE)? Complete Guide Review About DeFiPie.
    What Is MvPad(MVD) Coin Review ? Complete Guide Review About MvPad
    What Is MvPad(MVD) Coin Review ? Complete Guide Review About MvPad
    What Is Dice (DICE)?
    What Is Dice (DICE)? Complete Guide Review About Dice.
    Previous Next
  • TRADE
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Previous Next
  • INVESTMENT
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Previous Next
  • NEWS
  • WALLET
    Hostingspty Web Hosting Review: Easy-To-Use Control Panel (cPanel)
    Leap Wallet Airdrop Review: Anchor Deposits From Leap Wallet.
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Previous Next
  • ICO
    Equilibrium Ico Review: Is Legit Or Scam Ico
    Equilibrium Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    Bancc Ico Review: Bancc is a Blockchain Company
    Bancc Ico Review: Bancc is a Blockchain Company
    Cryptocitizen Ico Review - Open-World MMO RPG Metaverse Experience
    Cryptocitizen Ico Review – Open-World MMO RPG Metaverse Experience
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Previous Next
Top Read
Amaze World (AMZE) ? Complete Guide Review About AMZE

Amaze World (AMZE) ? Complete Guide Review About AMZE

5 Min Read
Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

7 Min Read
ETH Fan Token

What Is ETH Fan Token (EFT)? Complete Guide Review About ETH Fan Token.

6 Min Read
8bit.ltd Investment Project Review : Paying Or Scam Project?

8bit.ltd Investment Project Review : Paying Or Scam Project?

7 Min Read
0
Welcome To Wootfi All In One Review Blog Welcome To Wootfi All In One Review Blog
  • HOME
  • AIRDROPS
    Banger Airdrop Review: Empowering Gamers to Profit 
    Banger Airdrop Review: Empowering Gamers to Profit 
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Primex Airdrop Review: Cross-DEX cross-Margin Trading
    Cex Airdrop Review: One Participant will Get $500
    Cex Airdrop Review: One Participant will Get $500
    Forta Airdrop Review: Real-time security & Operational Monitoring
    Forta Airdrop Review: Real-time security & Operational Monitoring
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    GoCrypto Games Airdrop Review: Also Earn More Entries for Each referral.
    Previous Next
  • CLOUD MINING
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Kauri (KAU) Coin Review ? Complete Guide Review About Kauri
    What Is Razor Network (RAZOR)?
    What Is Razor Network (RAZOR)? Complete Guide Review About Razor Network.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Star-miner.com Cloud Mining Review: All New Users will Get a $10 sign-up Bonus.
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Hexada Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Bitluck.com Cloud Mining Review: it Is Scam Or legit?
    Previous Next
  • COINS
    What Is Algomint (GOMINT) Coin Review ? Complete Guide Review About Algomint
    What Is Algomint (GOMINT) Coin Review ? Complete Guide Review About Algomint
    What Is Solberg(SLB) Coin Review ? Complete Guide Review About Solberg
    What Is Solberg(SLB) Coin Review ? Complete Guide Review About Solberg
    What Is DeFiPie (PIE)?
    What Is DeFiPie (PIE)? Complete Guide Review About DeFiPie.
    What Is MvPad(MVD) Coin Review ? Complete Guide Review About MvPad
    What Is MvPad(MVD) Coin Review ? Complete Guide Review About MvPad
    What Is Dice (DICE)?
    What Is Dice (DICE)? Complete Guide Review About Dice.
    Previous Next
  • TRADE
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Kine Protocol Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Zoomex Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Coinsbit Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Zebitex Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Foblgate Crypto Exchange Review: It Is Good Or Bad?
    Previous Next
  • INVESTMENT
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Rhodonite Investment Project Review : Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    Cashswan.biz Investment Project Review: Paying Or Scam Project ?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    200bytes.io Investment Project Review : Paying Or Scam Project?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Superbtcmoon.com Investment Project Review: Paying Or Scam Project ?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Bullishprofit.com Investment Project Review : Paying Or Scam Project?
    Previous Next
  • NEWS
  • WALLET
    Hostingspty Web Hosting Review: Easy-To-Use Control Panel (cPanel)
    Leap Wallet Airdrop Review: Anchor Deposits From Leap Wallet.
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Quppy Wallet Review: Earn 15 Euros On Each Referee
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Plark Wallet Review: BRD Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Venly Wallet Review: Venly Wallet Is Safe Or Not ?
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Wswap Wallet Review: Secure & Advance Cryptocurrency Wallet
    Previous Next
  • ICO
    Equilibrium Ico Review: Is Legit Or Scam Ico
    Equilibrium Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    MapMetrics Ico Review: Is Legit Or Scam Ico
    Bancc Ico Review: Bancc is a Blockchain Company
    Bancc Ico Review: Bancc is a Blockchain Company
    Cryptocitizen Ico Review - Open-World MMO RPG Metaverse Experience
    Cryptocitizen Ico Review – Open-World MMO RPG Metaverse Experience
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Algoblocks Ico Review:  Automate DeFi Investments in One place
    Previous Next
Top Read
Amaze World (AMZE) ? Complete Guide Review About AMZE

Amaze World (AMZE) ? Complete Guide Review About AMZE

5 Min Read
Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

Polka Wallet Review: Polka Wallet Is Safe Or Not ? Read Our Full Review

7 Min Read
ETH Fan Token

What Is ETH Fan Token (EFT)? Complete Guide Review About ETH Fan Token.

6 Min Read
8bit.ltd Investment Project Review : Paying Or Scam Project?

8bit.ltd Investment Project Review : Paying Or Scam Project?

7 Min Read
0
Welcome To Wootfi All In One Review Blog > Blog > COINS > Audius (AUDIO) Coin Review : It Is Good Or Bad Review 2021
COINS

Audius (AUDIO) Coin Review : It Is Good Or Bad Review 2021

Denny Bitsong
1 year Ago COINS Posted by By Denny Bitsong 8 Min Read Add Comment Tags: Audius (AUDIO) Audius (AUDIO) login Audius (AUDIO) sign up
Audius (AUDIO) Coin Review : It Is Good Or Bad Review 2021
– Advertisement –
Share on
READ NEXT
What Is Banana Bucks (BAB)?
What Is Banana Bucks (BAB)? Complete Guide Review About Banana Bucks.

About Audius (AUDIO) Coin

Audius (AUDIO) is a digital streaming service that connects fans directly with artists and exclusive new music. It does this by being fully decentralized: is owned and run by a vibrant, open-source community of artists, fans, and api all around the world. gives artists the power to share never-before-heard music and monetize streams directly. With the API, developers can build their own apps on top of , giving them access to one of the most unique audio catalogs in existence. Backed by an all-star team of investors, was founded in 2018 and serves millions of streams every month, making it the largest non-financial crypto application ever built.

Audius (AUDIO) Coin Music creation and distribution have been dramatically changed by technology in the last two decades. Creating music no longer requires a team of producers and audio engineers; anyone in their bedroom can start with inexpensive software. Similarly, distributing music no longer requires factories that produce physical records and retail relationships for getting those records into stores; music platforms have enabled artists to distribute their own music. Though redundant in the age of digital distribution, the network of intermediaries and middlemen that formed in the early days of recorded music still persists, thriving on the back of artists and curators while the mechanics of value transfer and accrual are still largely obfuscated [1].

In 2017, the music industry generated $43 billion in revenue but only 12% of that made its way to artists [2]. As points of comparison, NFL players capture at least 47% of the revenue generated by the entire NFL [3], and NBA players capture between 49 and 51% [4]. Centralized user-generated music distribution platforms have succumbed to the influence of legacy institutions, struggling to find sustainable business models [5, 6] as existing institutions reap the rewards of their (and artists’) labor.

Audius (AUDIO) Storage Key Points

Coin BasicInformation
Coin Name Audius
Short Name AUDIO
Circulating Supply120,000,000.00 AUDIO
Total Supply1,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter Page Click Here To Visit Twitter Group
WhitepaperAudiusWhitepaper.pdf
Support24/7
Official Project Website Audius

Audius Token ($AUDIO)

Audius platform tokens (ticker $AUDIO) have three prongs of functionality within the protocol unlocked by staking:

ˆ Security
ˆ Feature access
ˆ Governance

Audius tokens are staked as collateral for a value-added services. In exchange, stakers earn ongoing issuance, governance weight and access to exclusive features. tokens are staked by node operators to run the protocol, and by artists and curators to unlock exclusive features and services. Any $AUDIO staked within the protocol is assigned governance weight, used to shape future iterations of the protocol. tokens will serve as collateral for artist-based tooling as well. Early examples incubated by the include artists tokens, badges and earnings multipliers. In the future, fans may delegate tokens to and curators to share in their growth on the platform and the issuance of future tokens. Node operators must stake tokens to operate a discovery node or content node, with a larger stake correlating to a higher probability of being chosen by fan clients. Node operators receive direct upside from seeding in the form of $AUDIO and the possibility for future protocol fees for actively seeding the protocol. A community goal, via governance, is to ensure that tokens are always being funneled to the most value-added actors by using on chain metrics as a measurement, rather than simply to those staking the most tokens but not actively participating in the ecosystem.

Own Your Content

With Audius, artists can generate immutable and timestamped records for their creative works, secured by an incentive-aligned decentralized network of node operators.

An Open Network

Unlock premium features for curated engagement by using our native platform token, $AUDIO. From gated content to artist tokens and remix contests, Audius is here to give fans the exclusivity they deserve.

Empowering All Participants

As a platform owned and operated by its users, the future of Audius is entirely driven by $AUDIO governance. Everything about Audius is governable, with voting weight directly correlated to $AUDIO staked for value-added services.

Audius Token Distribution

Audius token will be distributed with fixed genesis allocation and by ongoing issuance modifiable by governance. The choice to launch with ongoing issuance is grounded in the desire to continually align the network’s growth with new actors and their relative contributions, rather than concentrating governance power in the hands of early actors. Should the community see fit, a portion of ongoing token issuance will be allocated to the most active users of the protocol, dictated based on platform metrics and varying contributions in the form of discoverability, streams and platform engagement. More details about this initial supply and issuance schedule will be provided in a separate specification document upon the release of Audios token on magnet

Stable coin Payments

In future, the Audios community may choose to leverage 3rd-party stable coins to unlock paid content. These tokens are price-stable, providing a stable unit of account to ensure that artists, fans and node operators can participate in the Audius economy without concern for price volatility. Stable coins are divisible and freely transferable, allowing for highly divisible micropayments. This makes it easy for artists to set custom rates and for fans to issue fractional payments with little friction or rounding. A protocol fee may be captured as a percent of stablecoin transactions, including fan payments to artists. These fees would be aggregated into a pool governed by Audius token holders.

AudSP: A Decentralized Storage Protocol

Files distributed through the protocol must be highly available, independently verifiable, and decentralized. These principles are key to ensuring democratic participation and accessibility for all users of the protocol. Artists sharing their tracks and metadata, fans retrieving content, and node operators will all share longer-form information via this protocol, while references to files in this protocol will reside in the content ledger. Additionally, the storage protocol must provide an equivalent user experience to existing centralized solutions and scale effectively as network demand increases. To that end, we propose AudSP: a decentralized storage solution for the Audius network built on IPFS (InterPlanetary File System). IPFS enables modular object-level encryption, global distribution capability, secure content addressing, and object immutability [7, § 3.5.4]. In order to ensure high availability for files stored through the Audius protocol, AudSP provides a staking-based incentive structure for users to host network content.

Tags: Audius (AUDIO) Audius (AUDIO) login Audius (AUDIO) sign up

What’s your reaction?

Love
0
Sad
0
Happy
0
Sleepy
0
Angry
0
Dead
0
Wink
0
Share on
Share on Facebook Share on Twitter Share on Pinterest Share on WhatsApp Share on WhatsApp Share on Linkedin Share on Tumblr Share on Reddit Share on VKontakte Share on Telegram Share on Email
Denny Bitsong 18/06/2021
Previous Article Newscrypto (NWC) Coin Review : It Is Good Or Bad Review Newscrypto (NWC) Coin Review : It Is Good Or Bad Review
Next Article Veritaseum (VERI) Coin Review : It Is Good Or Bad Review 2021 Veritaseum (VERI) Coin Review : It Is Good Or Bad Review 2021

Leave a Review

Cancel reply

Your email address will not be published. Required fields are marked *

Please select a rating

– Advertisement –

Got a Questions?

Find us on Socials or Contact us and we’ll get back to you as soon as possible.

Latest Posts

What Is Afreum (AFR)?
What Is Afreum (AFR)? Complete Guide Review About Afreum.
Scicoins Ico Review
Scicoins Ico Review – Blockchain For Wearables In Medical Science
Navigator
What Is Navigator(NTTC)? Complete Guide Review About Navigator.
What Is MOONEYE (ME)?
What Is MOONEYE (ME)? Complete Guide Review About MOONEYE.

Categories

  • AIRDROPS
  • Blockchain News
  • CLOUD MINING
  • COINS
  • Crypto News
  • Exchange
  • ICO
  • Investment
  • NEWS
  • Press Release
  • Uncategorized
  • WALLET
  • Web Hosting

You Might Also Enjoy

What Is Algomint (GOMINT) Coin Review ? Complete Guide Review About Algomint
COINS

What Is Algomint (GOMINT) Coin Review ? Complete Guide Review About Algomint

5 Min Read
READ MORE
What Is Solberg(SLB) Coin Review ? Complete Guide Review About Solberg
COINS

What Is Solberg(SLB) Coin Review ? Complete Guide Review About Solberg

5 Min Read
READ MORE
What Is DeFiPie (PIE)?
COINS

What Is DeFiPie (PIE)? Complete Guide Review About DeFiPie.

6 Min Read
READ MORE
What Is MvPad(MVD) Coin Review ? Complete Guide Review About MvPad
COINS

What Is MvPad(MVD) Coin Review ? Complete Guide Review About MvPad

6 Min Read
READ MORE
Load More
Subscribe to Our Newsletter
Get Crypto News Crypto Articles & Interesting Facts Directly To Your Email Subscribe Wootfi Email Newsletter Now For Enjoy Our Service

We Provide Tips ,Review About Crypto ,And Guide Information.Founded In 2020 By Wootfi Mile, Wootfi Has Come A Long Way From Its Beginnings In [Singapore]. When [Wootfi Mile] First Started Out, [For] Passion For [Cryptocurrency Product”] Drove Them To [Action: Quit Day Job, Do Tons Of Research, Etc.] So That Wootfi Can Offer You World Best Cryptocurrency Review. We Now Serve Customers All Over The World, And Are Thrilled That We’re Able To Turn Our Passion Into Our Own Website.

Top Trending Catlog

  • AIRDROPS144
  • Blockchain News1
  • CLOUD MINING20
  • COINS4,295
  • Crypto News2
  • Exchange111
  • ICO439
  • Investment101
  • NEWS1
  • Press Release224
  • Uncategorized35
  • WALLET60
  • Web Hosting87

Search Article By Date

June 2022
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
27282930 
« May    

Subscribe Newsletter

Get our latest news straight into your inbox

Please input your email address. That email is already subscribed. Your address has been added.
wootfi wootfi
  • About Wootfi
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Sitemap
  • RSS Feeds
  • Contact Us

©2021 Wootfi made with Love, powered by Digix.

Wootfi.com is an entertainment and opinion provider. We Are not a broker/dealer, or an investment advisor. This is not a service for the giving or receiving of financial or investment advice. None of our content constitutes - or should be understood as constituting - a recommendation to enter in any securities, cryptocurrency, or cryptoasset transactions or to engage in any of the investment strategies presented in our discussions or content provided. We do not provide personalised recommendations or views as to whether a stock, cryptocurrency, cryptoasset or investment approach is suited to the financial needs of a specific individual.

Our website uses cookies to improve your experience. Learn more about: Cookie Policy

Accept