Audius Launches Artist Coins, Empowering Artists to Create Their Own Crypto Coins and Build the Fanclubs of the Future
Audius, the largest decentralized music group, discovery platform and market for artists and their followers, introduced at present that it’s going to allow verified artists on its platform to create their very own crypto coin, unlocking performance that goals to rework the conventional artist fan membership. Artists can now create their very own Solana-based coin in simply minutes, rewarding followers on the Audius platform with customized artist-branded cash. Fans who maintain a steadiness can entry advantages from the artist who created the coin, together with unique music, non-public Discord channels, app-wide badges and leaderboards, and non-public messages from artists. The transfer is seen as a means to deepen the relationship between artists and their most passionate followers, whereas creating a further income stream for artists on Audius.
The new performance is underpinned by the 1.0 improve of Audius’ protocol. The utterly redesigned Open Audio Protocol contains a new trendy structure for transaction metadata and media retrieval. It natively helps the extensively adopted DDEX commonplace, used throughout the music trade powering integrations with DistroKid, Warner Chappell Music, Downtown Music, and many others. Complementing the launch of Artist Coins, the protocol provides help for creating customized reward swimming pools and claimable coin accounts for followers, in order that artists can make the most of the similar distribution instruments $AUDIO has used underneath the hood to attain 5 million wallets: airdrops, quests, and rewards.
“There have been challenges and missteps in the artist group on how to make Artist Coins work up till now,” stated Audius co-founder and CEO Roneil Rumburg. “But we consider our approachable consumer expertise, the wealthy performance round Artist Coins that Audius is ready to present, and the market construction of Audius Artist Coins are a profitable mixture. The market has been lacking a holistic expertise till at present.”
“When we based Audius in 2018, Artist Coin help was the last merchandise on our roadmap,” continued Rumburg. “Reaching this milestone is not only a big occasion in the growth of Audius 1.0, this new innovation allows artists to create their very own coin in simply minutes and give their followers the potential to help them in a completely distinctive means.”
About 25 verified Audius artists have been invited to be amongst the first group to create their very own Artist Coins The course of, which takes simply minutes, creates a novel SPL token that’s paired with $AUDIO in on-chain liquidity. With tokenomic objectives to emphasize utility and equity, Artist Coins on Audius create a novel launchpad, setting it aside from many of the profitable creator coin instruments of 2025. Artists earn 50% of buying and selling charges generated from $AUDIO-based liquidity, and over the course of a five-year unlock interval, obtain 50% of their coin’s provide. Artist cash may be traded natively in the Audius app and most different Solana buying and selling instruments.
The redesign of the Open Audio Protocol allows limitless media storage and streaming functionality that scales with its incentivised, staked $AUDIO validators. More particulars can be found in technical documentation on the newly launched protocol web site: openaudio.org
About Audius
Audius is a community-run music platform that connects artists and followers immediately. On Audius, followers and artists construct communities collectively round music, and builders construct something they need on their phrases. Audius empowers artists to retain management of how their work is distributed and creates new income streams for them and different rights holders round the sharing of their music. Audius is music executed proper. Sign up at present at https://audius.co.
Audius Media Contacts:
John Vlautin
SpinLab Communications
jv@spinlab.internet
Molly Sheban
SpinLab Communications
molly@spinlab.internet
Press Kit: https://brand.audius.co
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