Audius

Overview of Audius

Audius chief executive Roneil Rumburg said that “it’s aiming at the up-and-comers who once would have used SoundCloud.” But, notes The Verge, “everything Audius says it’s solving with the blockchain — a more direct line between fans and artists, discovery, self-monetizing — can be done without the blockchain,” as Bandcamp and Patreon are doing.

Audius also has built a team of advisors including:
• Jeremy Gardner – Co-Founder of Augur & Managing Partner at Ausum Ventures
• Paul Veradittakit – Partner at Pantera Capital
• 3LAU – EDM Artist
• Bing Gordon – Founder of EA & Partner at Kleiner Perkins
• Tom Schmidt – Product at 0x
• Greg Hazel – Chief Architect at BitTorrent

Audius stated that it will implement a payment system “TBD as a fewtime next year.” Even if Audius isn’t “directly liable for infringement, it can still be held secondarily liable if a court finds it promotes ‘its use to infringe copyright, as shown by clear expression or other affirmative steps taken to foster infringement’.”

Audius lets you discover & stream up-and-coming artists!We give everyone the freedom to share & listen.Audius is a brand-new streaming platform built for all musicians, not just those signed to labels.Build a fanbase, share your works in progress, and then publish your completed tracks for all the world to hear.

Audius says “no content can be censored or deleted” by them from their platform, and SVDKO explains that “by being a completely decentralized platform, it’s impossible for the Audius team to remove the composition/remix or other content – only the artist who put it on Audius can do so”.

Audius explains a few of the values: 75% of the score corresponds to the number of streams you have accumulated, 10% to the number of followers you have, 5% to the number of favorites you have on your playlists, 5% to the favorites accumulated on your tracks, and finally, 5% granted to the number of reposts.

Audius will continue building its blockchain-based SoundCloud alternative, based upon an open protocol that will live forever and is operated by a fully decentralized community of artists, developers, and listeners collaborating to defend the world’s music.

Audius seem to be about organic growth, though, and amid the wreckage of past failed streamers and zombie Spotify clones littering the landscape, I find it hard to be cynical about Audius just yet.

Audius implements the services interface with go-ipfs using py-ipfs-api (opens new window) or ipfs-http-client (opens new window) (JavaScript) to perform read and write operations.

Audius’ four million monthly users can then engage directly with these Collectibles, be they limited edition sales, concerts, albums, tickets, digital art or other forms of NFT.

Blockchain

“IPFS, even when we started looking, was very far along, in terms of support for multiple environments.””We had evaluated some other options and they were not sufficiently decentralized for us,” says Nagaraj.When Audius set out to make a blockchain-based, decentralized alternative to SoundCloud and similar services, their most important consideration was to choose a tech stack that allowed them to maintain their commitment to decentralization as a means to maintain the resilience, variety, and peer-to-peer nature of the network.

Mine

In addition to the pre-mine Audius features a 7% genesis annual issuance rate, used to continually reward the protocol’s most active users, rather than simply allowing tokens to be hoarded by a few early adopters.

Network

In the case of node operators the governance system of Audius acts as a way to empower the decentralized content storage, providing them with a direct incentive for rewards to be earned and amended in line with the costs, value, and consensus of any other provider on the network.

Support

“Audius’ dedication to empowering artists through supporting direct relationships with fans, censorship resistance, and fair pay is so important in a time when artists are being mistreated regularly,” writes dance music superstar deadmau5, aka Joel Zimmerman, who’s on the startup’s advisory board.Carmack and Rezz have pledged to put some exclusive music on Audius, ranging from finished tracks to rough drafts.Other artists like Zeds Dead, Mr.They were attracted by the promise of bigger and faster payouts, plus a transparent copyright takedowns process.

Transactions

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.

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Audius – good or bad for the music industry?

You may or may not understand the full inner workings of how blockchain works – but to put it simply, a blockchain is a collection of data.The chain is created by adding these blocks in chronological and sequential order to each other.  Blockchain is most widely associated with the use of Cryptocurrency, however Audius is a blockchain based music streaming service.

Audius : the streaming platform that pays its artists (and listeners) the most ?

We are not fooling anyone when we say that it is difficult for an artist to make a living off of their music.It is even more difficult during a global pandemic that practically canceled every live performance in the world, and that compromised almost all ads being shot, film, or series that would allow artists to make money off of sync opportunities… The ways to get money are considerably reduced and the pressure on streaming platforms is as strong as ever.So when platforms like Audius come to life, we are not surprised.

But can Audius fix the streaming system?

At a top level, platforms like Spotify and Apple Music give up to 70% of their streaming royalties back to creators.That translates into billions in the aggregate, but unsigned artists usually get stuck with embarrassingly low payments, based on micro-pennies per stream.

Can you tell us more about the monetization plan for Audius and what that might look like?

This is something that the community will need to ratify into place but I can share what our team has built and what we would hope to propose to the community.What we’ve built is what I would call a content unlock primitive and what it means is, as an artist, you have the ability to set conditions upon which your content can be decrypted by a user on the Audius network.So let’s say you upload a track to Audius and you want to set your own streaming rate, then you set the condition — for example, this content can only be unlocked if a one cent payment is made.

Do you intend to move beyond the self-releasing artists market and secure major label licensing deals in future?

We would be very open to it but because we don’t set terms on Audius, that’s almost like taking a step back.Our company is not here defining what the streaming rate is so what would a licensing deal look like? It’s not really something that I think makes sense from the traditional angle and deal structures.

Final question: what’s wrong with the wider streaming economy?

There are so many things.I touched on that one size fits all approach and I think that’s the single largest problem.But as an extension of that problem, you don’t even know what the size is — there’s this black box that sits between artists or rightsholders and fans and you have no idea what the calculus is that’s going on behind the scenes that determines why you’re getting paid like 10 bucks or whatever for 100,000 streams.The problems that exist here really come down to transparency and accountability.

How do I use $AUDIO?

At the moment, there isn’t much that your average user can do with their tokens other than buy/sell them on Uniswap or Binance.More technical folks can stake their $AUDIO by running discovery and/or content nodes, which in turn will earn them more tokens as they continue to support the network.Starting in the next few weeks, users will be able to vote with their tokens on the Governance Dashboard.The more tokens you hold, the more of a say you will have in decisions.

How do musicians use Audius?

Camoufly is an electronic artist who has a lot of tracks posted on Audius, going back to October 2019.

How do musicians use Audius?

Camoufly is an electronic artist who has a lot of tracks posted on Audius, going back to October 2019.

How does Audius fit into the crypto world?

Audius is governed on the world’s second-largest blockchain, Ethereum.It uses an ERC-20 token, AUDIO, for governance and as a security mechanism.Node operators and artists have to stake AUDIO tokens in order to unlock different kinds of features and earning opportunities.

How does Audius fit into the crypto world?

Audius is governed on the world’s second-largest blockchain, Ethereum.It uses an ERC-20 token, AUDIO, for governance and as a security mechanism.Node operators and artists have to stake AUDIO tokens in order to unlock different kinds of features and earning opportunities.

How much is a stream worth on Audius?

• A precise formula is available…
• … but it only corresponds to the precedent wave of payments performed on October 23rd…
• … and the next payment has not yet been announced.

How often will Audius payout $AUDIO? When is the next distribution date?

I'm looking for more clarity on when Audius will make streaming royalty payments.I haven't seen anything since the airdrop.

Interested in development?

Browse the code, check out the SVN repository, or subscribe to the development log by RSS.

Isn’t there a problem with copyright and piracy on an open service like Audius?

In October 2019, The Verge went into detail about the history of intellectual property disputes in music and how Audius fits into that persistent story.

Isn’t there a problem with copyright and piracy on an open service like Audius?

In October 2019, The Verge went into detail about the history of intellectual property disputes in music and how Audius fits into that persistent story.

Now what?

To those who have been plagued by industry incumbents for the duration of their artistic career, let this be a call to arms to reimagine and pave a new path— one in which every aspect of the experience is grounded in sovereignty and decentralization.We look forward to seeing you along the way.

On the subject of fan club-style offerings within Audius — how does that differ to what platforms like Patreon and Bandcamp already offer?

It differs by marrying the streaming user experience with a fan club offering.There’s a lot more data available to the artists in terms of who they should be targeting and offers around that.But also, our hope is that as a user, you can actually earn your way into that fan club, too.

So how does it work?

Music uploads are dispersed across decentralized nodes, so Audius can’t act as a centralized host with the power to take songs down.Only the actual artist has the power to exercise takedown requests.Or they can opt to have revenue made on the upload redirected to them.Unresolved disputes are forwarded to a committee of users who vote on whether or not the track should be taken down.

What do node operators do?

Storage nodes need to have at least two terabytes of storage and a fast internet connection.Discovery node operators need to be able to store an IPFS-based directory of content.Together, they help users find the content they want as fast as possible.

What do node operators do?

Storage nodes need to have at least two terabytes of storage and a fast internet connection.Discovery node operators need to be able to store an IPFS-based directory of content.Together, they help users find the content they want as fast as possible.

What is Audius?

Like a lot of the creations in this industry, it is two things.There is the company and the network.The company has raised funds from various venture capital firms in two separate rounds, first from General Catalyst and Lightspeed Capital and second from Multicoin Capital and Blockchange.

What is Audius?

Like a lot of the creations in this industry, it is two things.There is the company and the network.The company has raised funds from various venture capital firms in two separate rounds, first from General Catalyst and Lightspeed Capital and second from Multicoin Capital and Blockchange.

What is the $AUDIO token?

$AUDIO is a central building block of the Audius ecosystem.Holding it is like owning a piece of the network; it represents your stake in the projects success.The token is a reward mechanism that unites all participants in the ecosystem to make the project succeed.It’s a reason for new artists to join, for the team to deliver useful features, and for other stakeholders to bring value to the platform.It can be used in a handful of ways today with more use cases on the horizon.

What kind of token model does Audius use?

Once upon a time, Audius had a two-token model, but that’s because when the team first started laying out the vision there was really only one stablecoin, tether (USDT).

What kind of token model does Audius use?

Once upon a time, Audius had a two-token model, but that’s because when the team first started laying out the vision there was really only one stablecoin, tether (USDT).

What’s the chief obstacle for Audius?

The problem for all applications like this is they need lots of users to obtain network effects.Audius just needs more people coming on.That will attract more artists who will in turn attract more users.This is always the hard part.

What’s the chief obstacle for Audius?

The problem for all applications like this is they need lots of users to obtain network effects.Audius just needs more people coming on.That will attract more artists who will in turn attract more users.This is always the hard part.

Where do I find the track URL to paste?

The Track URL can be located at the top of your web browser and should look similar to this: https://audius.

Who received $AUDIO tokens?

The 10,000 most active users received an airdrop based on how many plays they’ve earned, their follower count, and likes on their tracks, playlists, and reposts.If you’ve been using Audius check your email! There’s a good chance you can claim some tokens on your Account Dashboard.

Why cryptocurrency?

There are no shortage of problems with how the current music industry handles payments and distribution.Legacy financial systems come with their own set of obstacles.Cryptocurrency has reinvented the way people can exchange value online, enabling systems that adhere to rules ingrained into their code instead of ones set by greedy companies and outdated laws.Audius leverages the Ethereum blockchain and other distributed networks to let users truly own their money, data, and content.

History of Audius

In 1996 Audius left Zimbabwe to further his studies in Perth, Western Australia at Edith Cowan University.

In 2003, Audius won the Best Urban Grooves (Male) at the Zimbabwe Music Awards.

In 2004, Audius produced Australian Idol contestant Paulini’s debut album One Determined Heart which produced number a # 1 hit “Angel Eyes” and went certified Platinum.[13] In 2005 he co-wrote fellow-Idol Contestant Ricki-Lee Coulter’s “Hell No!”, which reached number five on the ARIA singles charts,[14] and produced majority of her album.

In 2008 Audius produced Jessica Mauboy’s new album, Been Waiting, co-writing her single, “Running Back”,[15] which peaked at number three on the Australian singles charts.[16] 2008 also saw Audius launch his own fashion label, Shona Clothing, which is heavily influenced by his Zimbabwean heritage.

In 2013 Audius worked as a music producer on the movie musical ‘Goddess’, Goddess (2013 film) an Australian production featuring Laura Michelle Kelly, Ronan Keating and directed by Mark Lamprel.

In 2014 Audius won the “Best R&B Urban Album” award for his 2014 release “House of Stones”.

In 2018, when Audius was looking into decentralized storage, they needed a system that would enable routing and addressing of large amounts of content in a decentralized way for their content streaming network.

In 2019 Audius co-wrote, produced and mixed ‘To Myself’ performed by Alfie Arcuri for the Eurovision ‘Australia Decides’ competition.