Audius is a decentralized music sharing and streaming protocol designed to facilitate direct transactions between listeners and creators, enabling everyone to freely distribute, commercialize and stream any audio content.
AUDIO token is the native token of the network and is mainly used for the following purposes:
By staking tokens and running discovery nodes or content nodes, users can obtain higher fan discovery Possibilities and a portion of network fees;
By staking tokens, unlock more exclusive features and services such as artist tokens and badges, and gain voting rights for fans who want to share their success;
Participate in protocol governance voting to contribute to future iterations of the protocol.
The agreement consists of the following main components:
Content Nodes: a network of nodes operated by users that host content on behalf of artists and control access permissions;
Content ledger: a single trusted source of data for all data accessible within the Audius protocol, anchoring references to content stored by content nodes;
Discovery nodes: a network of nodes run by users, which are Audius The content ledger indexes and provides an easy-to-query interface for retrieving metadata.
