Traders appear bullish after the viral app chose Audius to power its new “TikTok Sounds” library.
Artists on Audius will be able to upload original music as “TikTok Sounds.”
More than 100,000 artists use the platform, including deadmau5 and Skrillex.
The Solana Foundation, Audius and Metaplex are trying to get 1,000 creators to start building on Web 3.
The decentralized library of underground tunes is letting artists pool their NFTs in a single online gallery in a bid to be a one-stop shop for their biggest fans.
A blockchain-based streaming site is betting tokens can win over artists and fans.
Decentralized music-sharing platform Audius is moving certain hosting functions onto the Solana network, though staking remains on Ethereum.
Audius, a streaming service built on Ethereum, has raised $3.1 million from Multicoin Capital, Blockchange Ventures, Pantera Capital and Coinbase Ventures.
Blockchain startup Audius has revealed details of its decentralized music network's two tokens and governance system in a white paper.
Decentralized music-sharing protocol Audius successfully raised $5.5 million as part of its mission to hand back more control to artists.