The Audius token plays several key roles within the decentralized music streaming service. The AUDIO token helps maintain the network’s security while providing access to exclusive features within the platform. Furthermore, the AUDIO token can be staked to secure the platform.
The AUDIO token empowers fans and musicians by being part of a service where anyone can enjoy music, share it, and monetize it! As an alternative to popular music streaming service Soundcloud, Audius makes it easy for musicians to engage with fans in innovative ways through unique experiences and participation rewards.