Audius is a fully decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators. Audius is on the blockchain giving everyone the freedom to distribute, monetize, and stream any audio content. Specifically, musicians can use Audius to distribute music and get paid directly from fans. Besides the decentralized approach, the streaming service offers music quality at 320kbit/s (as a comparison, Spotify’s free version limited to 160kbit/s). Source: explodingtopics.com 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 is the native utility token for: Participating in protocol governance voting Staking...
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