This Blockchain-Based Music Platform, Just Got Funding!
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This Blockchain-Based Music Platform, Just Got Funding!

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This Blockchain-Based Music Platform, Just Got Funding!

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I got the eye of the tiger, a fighter.. Dancing through the fire.. ‘Cause I am a champion, and you’re gonna hear me roar.”

So, baby, pull me closer.. In the back seat of your Rover.. That I know you can’t afford.. Bite that tattoo on your shoulder..”

Call me when you want, call me when you need.. Call me in the morning, I’ll be on the way.. Call me when you want, call me when you need.. Call me out by your name, I’ll be on the way like. Mmhhm, mmhmm, mmhm mmhm, mhhhm.”

Hello Indodax members!

Back again here at Indodax Academy. How are you today?

You must be confused; why did I insert the lyrics to Katy Perry’s Roar, The Chainsmokers’ Closer, and Lil Nas X’s Call Me by Your Name? Not because my playlist has three songs or because I have mixed feelings while writing this article. But because this article has something to do with the singer of the three songs.

Audius, a blockchain-based music streaming platform startup, has secured $5 million in funding from leading names in the music industry, such as Katy Perry, rapper Little Nas X, The Chainsmokers, and Jason Derulo. Even the former CEO and Chairman of Sony/ATV Music Publishing, Martin Bandier, supports Audius.

Some of the problems that repeatedly arise with musicians who post their songs on music streaming platforms are not getting a sufficient share of the revenue they should get. In addition, another risk for musicians is that their work can be illegally copied and monetized by other people.

Well, from that experience, Audius finally took advantage of the blockchain system with the aim that musicians could safely upload their music on the platform and have a record of ownership of the content. This way it also gives musicians more control over how to monetize their work and allows them to connect with fans directly.

With funding from well-known musicians, Audius is likely to be increasingly popular among musicians and music lovers. Do not forget to increase the platform’s credibility and make it a serious competitor to the following streaming music platform. So, for music holics, this can be used as a reference for listening to music.

How to Buy AUDIO on Indodax:

  1. For those of you who have not become a member yet, you can click the link here.
  2. After that, make a deposit. For those of you who are confused about how to deposit, click on this link
  3. After your deposit and balance come in, you can return to the market.
  4. Look for AUDIO in the Rupiah market, then click.
  5. After logging in, you have to buy by filling in the balance and at what price you want to purchase AUDIO. You can also buy it instantly or directly at the current price.
  6. After that, you need to wait for the price to increase for some time, patiently.
  7. After the price increases, you can sell at a higher price with the instant method.
  8. If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.

For now, AUDIO crypto asset was at the 38,000s level, and you can own it for only IDR 10,000! So, Are you interested?

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