Audius is a decentralized music streaming protocol. Artists can upload their music to the network which will be streamed by nodes to listeners through a mobile app. AUDIO is the native token for the platform and is used for staking, governance, and incentivized earnings for artists, fans, and node operators.
Audius is a coin that uses the ETH Token algorithm. What coins are similar to Audius? The following coins use Audius's ETH Token algorithm and proof-type: Polygon, Binance USD, Polygon, Crypto.com Coin, Chainlink, Dai, Fantom, Parkgene, DREP, DREP [old], FTX Token, Decentraland, THETA, Axie Infinity and Theta Network.
Instead of minting audio tokens, you're storing and streaming your music on the blockchain via a dApp platform. The way you can be paid from the platform is in the form of governance token airdrops that can be traded for major coins like ETH and liquidated through an exchange.
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Audius is a music streaming and sharing platform that puts power back into the hands of content creators
What is Audius (AUDIO) Token?
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Audius Airdrop » Claim free AUDIO tokens
Simply claim your free tokens from your Audius dashboard. Based on the total pool and the number of accounts eligible to receive the airdrop, the average distribution per account was 5,000 AUDIO tokens. Step-by-Step Guide: Visit your Audius dashboard. If you’re eligible for the reward you will see a “Claim AUDIO” button.
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Adidas has recently announced a new partnership with Coinbase and Metaverse gaming project The Sandbox. The sportswear apparel firm appears to be dabbling in the Metaverse and NFTs. SAND token.
The total supply of AUDIO is 1 billion tokens, with a current circulating supply of 411m AUDIO. The yearly inflation is 7%, and 50 million AUDIO were distributed to the top 10 artists and fans, with 75% going to artists based on stream count. The token distribution is as follows: 23% to premined rewards and airdrops 36% to investors
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Since Coinbase confirmed its listing on the last days of May, the token’s price surged from $345 to $525 within two days. Furthermore, after the official listing on June 8, MKR made another move further and reached $702 on June 10. The pattern is seen as well with the OMG Network (OMG) token, which was added to Coinbase on May 18 this year.
The AUDIO token allows holders to pay for the content they consume, and 100% of the proceeds go to the artists. The music industry stands to gain a great deal from disintermediation. Audius provides an interesting alternative to traditional music industry models. Let’s take a look at how exactly Audius and the AUDIO token intend to do this.
An Open Network Unlock premium features for curated engagement by using our native platform token, $AUDIO. From gated content to artist tokens and remix contests, Audius is here to give fans the exclusivity they deserve. Governance Empowering All Participants
Store your The Sandbox to a secured wallet Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) at Coinbase There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE.
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The Sandbox is on the decline this week. The price of The Sandbox has fallen by 18.34% in the past 7 days. The price increased by 1.16% in the last 24 hours. The current price is $4.725214 per SAND. The Sandbox is 44.01% below the all time high of $8.44. The current circulating supply is 919,748,319.223 SAND.
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Audius
Trying to convert from USDT to SAND in Coinbase wallet. Fees .
The Sand coin is the cryptocurrency players use to buy and sell these NFTs on the Sandbox marketplace. Even though it’s still in the public beta stage, its community and partners have already built.
Audius
Finally, exchange the purchased cryptocurrency into The Sandbox. 1. Create an Account on Coinbase In order to buy Bitcoin (BTC) or Ethereum (ETH), which will later be exchanged into The Sandbox (SAND) – you have the make an account on Coinbase. Click this link to create an account.
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If you’re using Coinbase Wallet on your mobile phone, you can purchase The Sandbox right in the app. Tap on . Then tap on the “Trade” tab, where you can swap ETH for any token that runs on the Ethereum standard (called “ERC-20 tokens”). Tap “choose coin” and select The Sandbox. Input the amount of ETH you’d like to exchange for The Sandbox.
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On the Coinbase Pro exchange, you can set limits or market orders yourself for SAND. The maker / taker fee is 0.5% until you trade over $10k in volume within 30 days, then it drops to 0.35%.
I’m trying to convert my USDT to SAND in my Coinbase wallet. Says there is a fee of .12 ETH. I’m only converting $200 of USDT to SAND so I’m obviously not going to pay this much in fees. Is the network congested right now? Will fees be outrageous even when the network is less congested?
Introducing $AUDIO, The Audius Platform Token Explore the Dashboard About $AUDIO enables network security, exclusive feature access, and community-owned governance. The Audius protocol gives everyone the freedom to share, monetize, and listen to any audio.
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