#AUDIO is the cryptocurrency that powers the decentralized music platform Audius, designed to share music content and connect artists with their fans. The main goal of #AUDIO is to return control of music rights to content creators, eliminating the need for intermediaries such as labels and streaming platforms.
One of the key benefits of #AUDIO is the ability for musicians to directly monetize their work by receiving rewards from listeners and creating new revenue streams. The Audius platform uses #AUDIO to incentivize ecosystem participants by providing tokens for content creation, active participation, and support of the network.
AUDIO also plays a role in platform governance, allowing users to vote on important decisions and participate in the development of the ecosystem. With its decentralized architecture, #AUDIO provides musicians with new opportunities to monetize their work and form closer connections with their audience.