Music streaming service Audius has actually seen a current rise of appeal because its beta stage in October 2019 and taking place public launch a year later on. The questionable blockchain-powered platform’s cryptocurrency token, $AUDIO, has actually struck a brand-new all-time high after Audius exceeded 3 million active users, according to Cointelegraph
The report declares that the start of March 2021 saw the cost of $AUDIO go from a low of $0.38 to a brand-new all-time high of $0.79 on March 4th, and spike from $3 million to a record $55 million trading volume.
While that’s definitely great news for the job and its decentralized technique to music streaming, Audius still hasn’t openly shared info on how or when its users will acquire $AUDIO. According to an Audius post about $AUDIO, the function is still “coming soon.”
However, the post was shared in October 2020, without any public info to follow. In March 2020, Audius provided a breakdown of its payout plan by means of Twitter, however it stays to be seen if that strategy will quickly concern fulfillment. Even more info about how $AUDIO works and what the token will permit Audius users to do can be discovered in the Audius white paper and the business’s Discord server, however a timeline for the strategy stays uncertain.
Some users have actually had success acquiring or transforming $AUDIO through other cryptocurrency trading platforms, such as Uniswap, Coinbase, andMetamask But since this post’s publication, no quantity of the cryptocurrency has actually been available through money making by means of the Audius platform.
To find out more about Audius, check out the business’s site.