Audius has signed a naming-rights agreement with the iconic Red Rocks Amphitheatre in Denver, which will be renamed the AUDIO Amphitheater. At the time of writing, Audius was trading at $1.38, with a 24-hour trading volume of just over $300 million.
The native token of the decentralized music streaming protocol has gained about 15% so far. This brief guide covers what you need to know about the Audius network and its token, including considerations on whether and where to buy AUDIO.
Top places to buy Audius now
What is Audius?
Originally built on the POA network, Audius now runs on Solana. The platform was created to address inefficiencies in the music industry and align the interests of fans, artists, node operators, and other stakeholders through a token-powered ecosystem based on the AUDIO token.
Audius aims to tackle opaque music-rights ownership and reduce intermediaries between artists and their audiences. On the blockchain, artists can upload music that is stored and served by discovery and content nodes.
Fans can listen to music for free, and the ecosystem currently rewards creators with exposure through features like trending lists and other visibility tools.
Looking ahead, Audius plans to integrate stablecoins to enable paid content and monetary features. Special tokens will also be used to grant holders access to exclusive material.
Should I buy Audius today?
Audius may represent a potential investment opportunity, but take the time to review multiple price forecasts from reputable analysts and research the market thoroughly before committing funds.
Audius price predictions
Price Prediction forecasts Audius reaching up to $1.83 in 2023, with an average price of $1.55 for the year. For 2024, analysts expect a minimum of $2.24, with a potential high of $2.63.
Projections indicate Audius could break $3 in 2025, trading at least $3.31 that year.
Audius on social media
$audio #Audius is gonna pop ?! pic.twitter.com/QeAg0wTG1R
— Jedd Richter (@Jedd85177815) April 3, 2022