Audius signed a naming rights deal with the iconic Red Rocks Amphitheater in Denver to rename it to the AUDIO Amphitheater. At press time, the Audius price was $1.38 with a 24-hour trading volume of just over $300 million.
The native coin of the decentralized music streaming protocol has gained 15% so far today. This brief guide has everything you need to know about the Audius network and coin, including whether and where you should buy Audius.
Top places to buy Audius now
As AUDIO is such a new asset, it’s yet to be listed on major exchanges. You can still purchase AUDIO using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy AUDIO right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You’ll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head to Uniswap, and ‘connect’ your wallet to it.
4. You can now swap your ETH for AUDIO
Now that you’re connected, you’ll be able to swap for 100s of coins including AUDIO.
What is Audius?
Audius was previously built on POA network, but is now on Solana. Created to solve problems with the inefficiencies of the music industry, it aims to align the interests of fans, artists, node operators, and other stakeholders through its AUDIO token-powered platform.
Audius is working on resolving issues with non-transparent music rights ownership and middlemen standing between artists and their fans. On the blockchain, artists can upload music, distributed and stored by discovery and content nodes.
Fans can listen to their music for free. At present, the ecosystem rewards content creators by featuring them in trending lists among other ways.
In the future, the streaming protocol will integrate stablecoins so musicians can offer paid content. Special tokens will give audiences access to exclusive content.
Should I buy Audius today?
Audius can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment.
Audius price prediction
Price Prediction forecasts Audius can go up to $1.83 in 2023 with the average price of $1.55 throughout the year. In 2024, they expect it to reach the minimum of $2.24. The highest price for that year is $2.63 according to the analyst.
Audius will break $3 in 2025, trading for at least $3.31.
Audius on social media
$audio #Audius is gonna pop ?! pic.twitter.com/QeAg0wTG1R
— Jedd Richter (@Jedd85177815) April 3, 2022
The post Audius is rallying on naming rights deal: best places to buy Audius appeared first on Coin Journal.