- Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content.
- AUDIO is the native utility token of the network and it is used for the following:
- Staking for running discovery or content nodes so users will get a higher probability of fan discovery and a share of network fees;
- Staking to unlock exclusive features and services like artist tokens and badges, and receive voting power from fans who want to share in their success;
- Participating in protocol governance voting to shape future iterations of the protocol.
- The protocol consists of the following major components working in conjunction:
- Content nodes: A user-operated network of nodes to host content and permission access to content on behalf of artists;
- Content ledger: A single source of truth for all data accessible within the Audius protocol, anchoring references to content hosted by content nodes;
- Discovery nodes: A user-operated network of nodes that index the Audius content ledger and provide an easily query-able interface for retrieving metadata;
- Audius launched its mainnet in October 2020, with 1 billion AUDIO tokens minted and approximately distributed as follows:
- Airdrop: 55MM AUDIO (5.50%)
- Foundation Treasury: 180MM AUDIO (18.00%)
- Team and Advisors: 405MM AUDIO (40.50%)
- Investors: 360MM AUDIO (36.00%)
Ranking 166/257 AUDIO Price $1.13 Price Change 24h -$0.05537 24h Low / 24h High $1.10 / $1.19 24 Hour Trading Vol $16,377,792.61 Market Cap $135,921,567.78 Max Supply 1,000,000,000 Circulating Supply 120,000,000 AUDIO Price History 7d Low / 7d High $0.8933 / $1.3330d Low / 30d High $0.7348 / $1.4190d Low / 90d High $0.5917 / $3.0852 Week Low / 52 Week High $0.07774 / $4.99All Time High $4.99 Website https://audius.co/ About AUDIO Technical Analysis AUDIO/USDT https://www.tradingview.com/x/d5dW1RZR/ 
Audius (AUDIO) Research Project Report
