How Crypto Streaming Service Audius Hit Six Million Monthly Active Users - Ep.270

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Audius, a blockchain native music streaming platform, hit six million monthly active users in August and announced a partnership with TikTok. Roneil Rumburg, co-founder and CEO of Audius, talks about how Audius works, AUDIO tokenomics, the give and take of decentralization, and more. Show highlights:
what problems Audius is solving for creators how artists are utilizing crypto to connect with fans how the crypto components of Audius fit together what three utilities AUDIO, the native token of Audius, offers holders why Audius requires over $500K in AUDIO tokens to run a node why AUDIO’s inflation rate is higher than other popular tokens like Ethereum or Bitcoin which portions of Audius are centralized versus decentralized where the majority of Audius’s listens come from (hint: it’s not the app) how Audius has created a “password” system to make blockchain technology easier to use for non-crypto natives why Audius uses both Solana and Ethereum how big-name artists like Diplo found their way onto Audius how Audius makes it easier to upload music to TikTok what’s next for Audius Take the annual Unchained survey!
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Episode Links

Roneil Rumburg
Website:  Twitter:  Whitepaper:  Discord:
What is Audius?
Decrypt: Messari: Coindesk:
TikTok + Audius Coverage
Audius:  Rolling Stone:
General Coverage
6M monthly users Moving to Solana (Oct 2020): 5M monthly users (Aug 5):  Copyright nightmare (The Verge 2019)  NFTs (April 2021) Token Drop (Oct 2020): Youtube + Audius project  Music Racer:  Raises  Node requirements:,cost%20slightly%20more%20to%20operate.


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