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: <ul> <li style="font-weight: 400;" aria-level="1">what problems Audius is solving for creators</li> <li style="font-weight: 400;" aria-level="1">how artists are utilizing crypto to connect with fans</li> <li style="font-weight: 400;" aria-level="1">how the crypto components of Audius fit together</li> <li style="font-weight: 400;" aria-level="1">what three utilities AUDIO, the native token of Audius, offers holders</li> <li style="font-weight: 400;" aria-level="1">why Audius requires over $500K in AUDIO tokens to run a node</li> <li style="font-weight: 400;" aria-level="1">why AUDIO’s inflation rate is higher than other popular tokens like Ethereum or Bitcoin</li> <li style="font-weight: 400;" aria-level="1">which portions of Audius are centralized versus decentralized</li> <li style="font-weight: 400;" aria-level="1">where the majority of Audius’s listens come from (hint: it’s not the app)</li> <li style="font-weight: 400;" aria-level="1">how Audius has created a “password” system to make blockchain technology easier to use for non-crypto natives</li> <li style="font-weight: 400;" aria-level="1">why Audius uses both Solana and Ethereum</li> <li style="font-weight: 400;" aria-level="1">how big-name artists like Diplo found their way onto Audius</li> <li style="font-weight: 400;" aria-level="1">how Audius makes it easier to upload music to TikTok</li> <li style="font-weight: 400;" aria-level="1">what’s next for Audius</li> </ul> Take the annual Unchained survey!  Hey all, the Unchained survey is out now, and we'd so appreciate it if you could give us your thoughts on how Unchained is doing and what we could do better. Plus, we've got some questions for you about Laura's upcoming book launch and the articles that she's already starting to write! Two lucky survey respondents will receive a BTC candle, which is scented with "satoshiwood, musk musk, tulip bulbs and finite minerals."    Head to <a href= "https://www.surveymonkey.com/r/unchained2021">surveymonkey.com/r/unchained2021</a> to fill out the survey today!    Follow Laura on Medium!  Hey everyone, some news: I've begun writing news and features again. I’m now a Medium Partner, one of a group of writers I have long admired, such as Susan Orlean, Cory Doctorow, James Surowiecki and Will Leitch, among others. You can already check out my <a href= "https://medium.com/@laurashin/ive-covered-crypto-for-six-years-and-still-love-it-faecc3b45e10?source=user_profile---------0----------------------------"> first post</a>, which is on my career trajectory and why I still love covering crypto six years in. To find all my writing on Medium, please follow me at <a href= "http://medium.com/@laurashin">Medium.com/@laurashin</a>.  Thank you to our sponsors! Digital Asset Research: <a href="https://www.digitalassetresearch.com/">https://www.digitalassetresearch.com/</a> Ledger: <a href= "https://www.ledger.com/">https://www.ledger.com/</a> <a href="http://crypto.com/">Crypto.com</a>: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>     Episode Links   Roneil Rumburg <ul> <li style="font-weight: 400;" aria-level="1">Twitter: <a href= "https://twitter.com/roneilr">https://twitter.com/roneilr</a> </li> </ul>   Audius <ul> <li style="font-weight: 400;" aria-level="1">Website: <a href= "https://audius.co/">https://audius.co/</a> </li> <li style="font-weight: 400;" aria-level="1">Twitter: <a href= "https://twitter.com/AudiusProject">https://twitter.com/AudiusProject</a> </li> <li style="font-weight: 400;" aria-level="1">Whitepaper: <a href= "https://whitepaper.audius.co/AudiusWhitepaper.pdf">https://whitepaper.audius.co/AudiusWhitepaper.pdf</a> </li> <li style="font-weight: 400;" aria-level="1">Discord: <a href= "https://discord.com/channels/557662127305785361/806017242734395413"> https://discord.com/channels/557662127305785361/806017242734395413</a> </li> </ul>   What is Audius? <ul> <li style="font-weight: 400;" aria-level="1">Decrypt: <a href= "https://decrypt.co/resources/what-is-audius-the-decentralized-music-sharing-and-streaming-service"> https://decrypt.co/resources/what-is-audius-the-decentralized-music-sharing-and-streaming-service</a></li> <li style="font-weight: 400;" aria-level="1">Messari: <a href= "https://messari.io/asset/audius/profile">https://messari.io/asset/audius/profile</a></li> <li style="font-weight: 400;" aria-level="1">Coindesk: <a href= "https://www.coindesk.com/business/2020/11/11/audius-has-big-numbers-by-crypto-standards-but-can-it-take-on-soundcloud/"> https://www.coindesk.com/business/2020/11/11/audius-has-big-numbers-by-crypto-standards-but-can-it-take-on-soundcloud/</a> </li> </ul>   TikTok + Audius Coverage <ul> <li style="font-weight: 400;" aria-level="1">Audius: <a href= "https://twitter.com/AudiusProject/status/1427299274325323779"> https://twitter.com/AudiusProject/status/1427299274325323779</a> </li> <li style="font-weight: 400;" aria-level="1">Rolling Stone: <a href= "https://www.rollingstone.com/pro/news/tiktok-sounds-streaming-crypto-blockchain-nfts-audius-1211699/"> https://www.rollingstone.com/pro/news/tiktok-sounds-streaming-crypto-blockchain-nfts-audius-1211699/</a></li> </ul>   General Coverage <ul> <li style="font-weight: 400;" aria-level="1">6M monthly users</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://twitter.com/AudiusProject/status/1433248161443684356"> https://twitter.com/AudiusProject/status/1433248161443684356</a></li> </ul> </li> </ul> <ul> <li style="font-weight: 400;" aria-level="1">Moving to Solana (Oct 2020):</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.coindesk.com/markets/2020/10/29/audius-the-decentralized-spotify-is-moving-part-of-its-service-to-solana-blockchain/"> https://www.coindesk.com/markets/2020/10/29/audius-the-decentralized-spotify-is-moving-part-of-its-service-to-solana-blockchain/</a></li> </ul> </li> <li style="font-weight: 400;" aria-level="1">5M monthly users (Aug 5):</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.coindesk.com/markets/2021/08/05/blockchain-based-music-streaming-service-audius-up-to-5m-monthly-users/"> https://www.coindesk.com/markets/2021/08/05/blockchain-based-music-streaming-service-audius-up-to-5m-monthly-users/</a> </li> </ul> </li> <li style="font-weight: 400;" aria-level="1">Copyright nightmare (The Verge 2019)</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://www.theverge.com/2019/10/9/20905384/audius-blockchain-music-streaming-service-copyright-infringement-piracy"> https://www.theverge.com/2019/10/9/20905384/audius-blockchain-music-streaming-service-copyright-infringement-piracy</a> </li> </ul> </li> <li style="font-weight: 400;" aria-level="1">NFTs (April 2021)</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://decrypt.co/65808/crypto-streaming-music-service-audius-nfts"> https://decrypt.co/65808/crypto-streaming-music-service-audius-nfts</a></li> </ul> </li> <li style="font-weight: 400;" aria-level="1">Token Drop (Oct 2020):</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://medium.com/audius/welcome-audio-to-mainnet-409009bc130c"> https://medium.com/audius/welcome-audio-to-mainnet-409009bc130c</a> </li> <li style="font-weight: 400;" aria-level="2"><a href= "https://decrypt.co/46390/audius-distributes-crypto-rac-deadmau5-listeners"> https://decrypt.co/46390/audius-distributes-crypto-rac-deadmau5-listeners</a></li> </ul> </li> <li style="font-weight: 400;" aria-level="1">Youtube + Audius project</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://youtubetoaudius.com/">https://youtubetoaudius.com/</a> </li> </ul> </li> <li style="font-weight: 400;" aria-level="1">Music Racer:</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://store.steampowered.com/app/893030/Music_Racer/"> https://store.steampowered.com/app/893030/Music_Racer/</a> </li> </ul> </li> <li style="font-weight: 400;" aria-level="1">Raises</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://musically.com/2020/10/26/decentralised-streaming-service-audius-raises-another-1-25m/"> https://musically.com/2020/10/26/decentralised-streaming-service-audius-raises-another-1-25m/</a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://techcrunch.com/2018/08/08/audius/">https://techcrunch.com/2018/08/08/audius/</a></li> <li style="font-weight: 400;" aria-level="2"><a href= "https://musically.com/2020/08/03/blockchain-music-service-audius-raises-3-1m-funding-round/"> https://musically.com/2020/08/03/blockchain-music-service-audius-raises-3-1m-funding-round/</a> </li> </ul> </li> <li style="font-weight: 400;" aria-level="1">Node requirements:</li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;" aria-level="2"><a href= "https://blog.audius.co/posts/a-primer-on-audio-staking#:~:text=All%20node%20operators%20are%20required,cost%20slightly%20more%20to%20operate"> https://blog.audius.co/posts/a-primer-on-audio-staking#:~:text=All%20node%20operators%20are%20required,cost%20slightly%20more%20to%20operate</a>. </li> </ul> </li> </ul>

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

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