Top 3 audius.co Alternatives & Competitors (2024)

FAQs

Top 3 audius.co Alternatives & Competitors? ›

Audius's competitors and similar companies include Corite, Qobuz, Larala.com and Mixhalo.

Audius network allows music creators to share and stream their music and audio data in return for instant payments in AUDIO, while keeping full control over their music. Audius is also used by fans who can create playlists and earn rewards by sharing their playlists.

We support lossless uploads, while streaming and downloads are delivered at 320kbps, with a sample rate of 48kHz. Best of all, high-quality audio is free for all users, so you can ensure that your fans are hearing your music the way it was intended!

Audius is a decentralized music streaming platform for fans and creators. Artists can host their music on the platform for free and start generating revenue on their work — no handshakes or record label deals required.

Unlike the centralized Spotify platform, Audius favors the creators. They offer much more freedom and options to creators. For example, how they can monetize their work. Creators, developers, and even users have much more say on this platform.

Audius differs from Spotify in its decentralized nature and use of blockchain technology. It offers opportunities for artists to earn cryptocurrency rewards and emphasizes community engagement.

Audius Overview

Our most recent Audius price forecast indicates that its value will increase by 13.09% and reach $0.209494 by April 22, 2024. Our technical indicators signal about the Bearish Bullish 48% market sentiment on Audius, while the Fear & Greed Index is displaying a score of 66 (Greed).

90% of the platform's revenues will go directly to the artists who will be paid according to the streams they have accumulated over time. If we still do not know how often these payments will occur, one thing is sure, it is that the payments promise to be generous.

Audius is currently built on top of the Ethereum and Solana networks. The protocol utilizes both blockchains to provide a decentralized and distributed music streaming application. The backend data piece and governance both run in a form of Ethereum, while the monetization layer runs on Solana.

What are the cons of Audius? ›

Audius was founded by Roneil Rumburg (who is Audius' chief executive officer), Forrest Browning (Audius' chief product officer), and Sri Lankan musician/entrepreneur Ranidu Lankage. Rumburg and Browning studied computer science together at Stanford before creating their blockchain music company.

In a landscape where streaming platforms have often been criticized for the paltry royalties they offer artists, Audius is emerging as a hub where artists can potentially recognize additional upside from their content.

Audius boasts over 7 million unique monthly users on its platform, and has attracted investment from some impressive people – both music artists and music executives.

Decentralized platforms are the best means to solve equity problems in creative industries, says Roneil Rumburg, co-founder and CEO of Audius.

The Audius Crypto Platform and Democratizing Music Access

First and foremost, Audius is a platform for decentralized music distribution and discovery, and a marketplace that connects musicians and fans directly.

Audius is a streaming platform that allows artists to be properly paid for the work they upload on it.

Audius, the blockchain-enabled music platform with more than six million monthly users, has announced a new $5 million round of strategic funding today from artists including Katy Perry, The Chainsmokers, Nas, Steve Aoki, Jason Derulo, and industry heavyweights like Maverick Founder Guy Oseary's Sound Ventures, John ...

Audius is currently built on top of the Ethereum and Solana networks. The protocol utilizes both blockchains to provide a decentralized and distributed music streaming application.