Audius $ AUDIO token hits all-time excessive, however payouts but to return – EDM.com
Music streaming service Audius has just lately seen a surge in recognition since its beta part in October 2019 and its public launch a 12 months later. Controversial blockchain-powered platform’s cryptocurrency token, $ AUDIO, hits new excessive after Audius surpasses 3 million lively customers, in response to Cointelegraph.
The report claims that in early March 2021, the worth of AUDIO $ rose from a low of $ 0.38 to a brand new all-time excessive of $ 0.79 on March 4, and climbed from $ 3 million to a report commerce quantity of $ 55 million.
Whereas that is actually excellent news for the venture and its decentralized strategy to music streaming, Audius has nonetheless not publicly shared data on how and when its customers will get $ AUDIO. In keeping with a Audius weblog publish about $ AUDIO, performance remains to be “coming quickly”.
Nevertheless, the weblog publish was shared in October 2020, with no public data to observe. In March 2020, Audius supplied a breakdown of his cost plan by way of Twitter, nevertheless it stays to be seen if this plan will materialize quickly. You will discover much more data on how $ AUDIO works and what the token will permit Audius customers to do within the Audius White Paper and the corporate Discord server, however a timeline for the plan stays unclear.
Some customers have efficiently bought or transformed $ AUDIO via different cryptocurrency buying and selling platforms, similar to Uniswap, Coinbase, and Metamask. However as of the publication of this text, no quantity of the cryptocurrency could possibly be obtained via monetization via the Audius platform.
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