Regardless of a extremely aggressive battleground for customers, blockchain-powered music streaming platform Audius has held its personal to this point towards its large rivals, like SoundCloud.
That’s spectacular in itself, however it’s necessary to do not forget that Audius affords a worth proposition not like another streaming platform on the market: the promise of a decentralized community ruled by blockchain expertise.
Whereas the Audius workforce is little doubt discovering the advantages and limitations of this decentralized future as they go, it is clear that artists and followers are keen to assist fulfill their imaginative and prescient. Listed below are a number of the takeaways we took from the management workforce’s latest Reddit AMA (“Ask Me Something”) printed on r/electronicmusic.
Audius’ Method To Imposing Copyright Stays A Concern
Among the many most regularly requested questions within the AMA pertained to the topic of copyright infringement and—extra particularly—whether or not or not Audius plans to mitigate the danger of it.
It is a difficult matter as a result of as beforehand talked about, Audius by its nature is decentralized. So not like its centralized counterparts, Audius is unable to take unilateral motion towards any specific piece of content material.
Copyright moderation will as a substitute fall within the fingers of neighborhood moderators by way of a forthcoming arbitration system. It is a daring strategy that finally will entrust a impartial community of customers with the accountability to vote on the result of circumstances as they come up. Audius says this strategy is partly, designed to guard the platform’s most susceptible customers similar to those that dwell underneath oppressive regimes the place censorship is prevalent.
Audius Is Changing into A Go-To For Unique Releases
Audius has been more and more embraced by artists of all walks as a go-to vacation spot to drop unique releases. Unique releases are usually probably the most extremely coveted items of content material, particularly with regard to well-established mainstream names, which makes it all of the extra fascinating that the newcomer to the audio streaming platform house is shortly consuming up this subsection of the market.
In response to at least one query, Audius shared a playlist of a few of their favourite exclusives to the platform to this point, which incorporates tracks from deadmau5, NERO, Boys Noize, Disclosure, and extra.
It Is Nonetheless Early Days For Audius
In case you assume you are late to the crypto craze, we want solely level to the top-voted query of this AMA: “What the heck is a decentralized client crypto app? Additionally, get off my garden!”
The reality is that crypto continues to be in its early innings, and use circumstances for blockchain expertise are being found each day. That is to say, if you’re an artist, you have not missed the boat on constructing an viewers on Audius.
With thrilling new developments within the pipeline, together with the long-awaited debut of streaming monetization on the platform and the latest rollout of $AUDIO token rewards, now is likely to be a superb time to discover what Audius has to supply.
You may learn Audius’ full Reddit AMA here.