Today, we are going to do our analysis on Audius Token(AUDIO) and in this article we are going to conclude whether Audius Token(AUDIO) is worth investing for long term or not.
Unfortunately, cryptocurrency industry is full of scammers whether it be Crypto coins or Rug pulls. It’s important to save capital and invest in the right cryptocurrency.
This Analysis and Review is completely based on Fundamentals analysis and not technical point of View.
So. Let’s Begin
What’s Audius Token(AUDIO)?
Audius is a decentralized music streaming technology that was originally developed on the POA network Audius was created in 2012. It is now based on the Solana blockchain.
Audius Token(AUDIO) Vision and Mission.
Audius Token(AUDIO) to address the inefficiencies of the music industry, which are compounded by a lack of transparency surrounding music rights ownership and the involvement of intermediaries between artists and their consumers.
Audius Token(AUDIO) Platform Overview and Features
Artists, content nodes, fans, and discovery nodes are the four key elements in the Audius ecosystem.
- Audius’ platform, which is powered by the AUDIO cryptocurrency, aims to bring together the interests of artists, fans, and node operators in an one place.
- Fans can listen to free music posted by artists, which is stored and distributed by content and discovery nodes, as well as music created by other artists.
- Creators of material are now recognized by Audius, which includes them in weekly hot lists.
- It hopes to add stablecoins for artists to use in the future to charge for their work, as well as artist tokens that allow fans to access exclusive content, maybe in collaboration with platforms such as Rally, in the future.
Summary
Audius Token(AUDIO) is a sound project from the ground up, with a basic philosophy that benefits both the world at large and the cryptocurrency industry as a whole. Audius Token(AUDIO) has the potential to grow rapidly in the near future, thanks to impending innovations and events.
Audius Token(AUDIO) Fundamentals- Founders, Team and Roadmap for 2022 and 2023
Roneil Rumburg and Forrest Browning, two entrepreneurs from California, established Audius in 2018.
Forrest Browning is a co-founder of StacksWare, an enterprise data center management platform, and was nominated to Forbes’ list of the world’s 30 most promising young entrepreneurs.
Other notable members of the team include Deadmau5, an internationally renowned electronic music producer, Adam Goldberg, co-founder and managing director of Stanford Crypto, and Bing Gordon, co-founder of Electronic Arts.
Audius Token(AUDIO) Roadmap
The Audius Token(AUDIO) platform has finally been made available for use. Announcing forthcoming events and platform developments will be promoted through Audius Token(AUDIO) social media channels.
Audius Token(AUDIO) Tokenomics- Price, Volume and Mcap
The current price of Audius is $1.12 USD, and the cryptocurrency has seen a trading volume of $5,33,93,086 USD in the previous 24 hours. Audius has had an increase of 8.28 percent in the last twenty-four hours with a market capitalization of $68,59,56,089 USD.
It has a circulating supply of 61,45,63,659 AUDIO coins, with a maximum supply of 100,000,000 AUDIO
Binance, Bybit, FTX, and others are the top cryptocurrency exchanges for trading Audius Token right now.
Conclusion
In addition to a fantastic team and founders, Audius Token(AUDIO) also has a fantastic fundamental concept to back it up. As a result of upcoming Audius Token(AUDIO) innovations and upgrades, we anticipate Audius Token(AUDIO) to perform well in terms of price in the years 2020 and 2021. At the moment, it is available at a fantastic price with plenty of room for expansion. Based on our analysis and research, we recommend that viewers consider investing in Audius Token(AUDIO); however, viewers are encouraged to perform their own research before making a decision.
Disclaimer
This material is primarily for the aim of educating the reader. It does not constitute a formal offer to buy or sell anything, nor does it constitute a recommendation or endorsement of any specific products, services, or enterprises. Cryptonks.com does not provide any financial, legal, or accounting advice to its visitors. Neither the firm nor the author shall be liable for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in this post, whether directly or indirectly, whether in contract or tort (including negligence). Viewers should perform their own research before making any type of investment in a cryptocurrency.
