Block Insider
  • News
  • Market Analysis
  • InsightsSoon
  • EnglishEnglish
    • PortuguêsPortuguês
  • Login
No Result
View All Result
Saturday, June 25, 2022
ADVERTISE
SUBSCRIBE
  • News
  • Market Analysis
  • InsightsSoon
No Result
View All Result
Block Insider
No Result
View All Result
Home News

Crypto-Powered Music Company Audius Partnering with TikTok

Nicholas Say by Nicholas Say
August 17, 2021
Reading Time:2 mins read
Crypto-Powered Music Company Audius Partnering with TikTok

Female hands use retro vinyl player on a blue pink pastel background. DJ. Top View

TelegramTwitterRedditWhatsapp

Audius, a music-sharing protocol has joined the extending list of partners with the popular app TikTok. As such, users can directly share tracks with TikTok.

RELATED POSTS

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine

Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

On Monday, Audius announced its new partnership with TikTok in order to build a new feature called TikTok Sounds.

In an interview with Rolling Stone, Forrest Browning, co-founder, and chief product officer at Audius said the integration will allow users to be able to export songs created with the protocol to TikTok with only one click.

Users Can Export Tracks Created on Audius to TikTok

The protocol said that it looks to adopt the advance of blockchain technology to reward content creators as well as increase transparency on payouts to artists.

However, the decision of partnering with TikTok is more about focusing on music instead of showing messages about cryptocurrency or decentralized finance.

The founder said 95% of Audius users did not know that blockchain was involved in processes.

Advertise
ADVERTISEMENT

Launched in October 2021, the music streaming platform currently has 5 million monthly active users with many of its governance tokens allocated to creators based on the number of streams they generate.

Although TikTok still does not allow users to get performance royalties from streaming music, it creates good conditions to engage with fans. The app has been appealing to one billion monthly active users across the world.

According to the company, some 75% of its users based in the U.S. discover new artists through TikTok.

The partnership with Audius is also a surprising move for TikTok as the app decided to ban cryptocurrency-based promotional content as well as the promotion of all financial services and products in July.

Audius Makes Music Work on Blockchain

Audius is an Ethereum-based streaming platform aiming to bring a better deal for all musicians.

Not only is it a company, but Audius is also a network controlled by token holders similar to other many blockchain projects,

The platform attracts thousands of regular listeners with a strong base in EDM and underground hip-hop acts.

 

ShareTweetShareSend
Nicholas Say

Nicholas Say

Nicholas Say is a writer, visual artist, and lover of thought. He has written extensively on cryptocurrencies (Blockonomi, Coinjournal), and sees them as a way for people to come together globally.

Related Posts

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency
News

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

March 10, 2022
Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine
News

Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine

March 2, 2022
ByTask Force Pushes Biden Administration to Tighten Cryptocurrency Regulation
News

Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

February 24, 2022
News

Buffett’s Company Invests in Crypto-Focused Bank while MasterCard will Offer Crypto & NFT Services

February 18, 2022
News

New Crypto Coalition Stepped in Amidst a Dramatic Tuesday Comeback of Crypto Pricings

February 11, 2022
Facebook Decides to Retreat from Its Banishment on Cryptocurrency Advertisements
News

Facebook’s Dream of Its Global Cryptocurrency Comes to an Official End

February 3, 2022
Next Post
Ethereum, Uniswap, Price Analysis – 17 August

Ethereum, Uniswap, Price Analysis – 17 August

Litecoin, EOS ,Price Analysis – 17 August

Litecoin, EOS ,Price Analysis – 17 August

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Changelly Integrates Terra Protocol (LUNA) into Ecosystem

Terra Token LUNA Sees Price Ramp Up in 2021

September 2, 2021
Bitcoin, Polkadot, Stellar/Lumen, Zcash Analysis – 5 July

Bitcoin, Polkadot, Stellar/Lumen, Zcash Analysis – 5 July

July 6, 2021
Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency

March 10, 2022

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
Block Insider

A financial portal covering Blockchain News, Crypto Insights and Market Analysis.

Recent Posts

  • Crypto Market Surges Following Joe Biden’s Signing of Executive Order on Cryptocurrency
  • Cryptocurrency Market Bounces Back to Green Following Russian Invasion in Ukraine
  • Colorado Decides to Accept Cryptocurrency for Tax and Government Payments

Categories

  • Market Analysis
  • News
  • Press Release

© 2022 Block Insider

No Result
View All Result
  • News
  • Market Analysis
  • EnglishEnglish
  • PortuguêsPortuguês

© 2022 Block Insider

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?