Home » Music Blockchain Startup Audius Releases Its Public Beta Version

Music Blockchain Startup Audius Releases Its Public Beta Version

Audius 864x467 - Music Blockchain Startup Audius Releases Its Public Beta Version


According to Audius CEO Roneil Rumburg, Amazon Web Services is one provider that users can take advantage of to run a node for the music network for staking. Rumburg explained that “every time a user listens to something and is paying an artist, a percentage of that payment is dumped into a pool that is then distributed to stakers of the Audius token.”

Audius raised $ 5 million in funding from a number of venture capital firms, including General Catalyst, Lightspeed, and Pantera Capital, to launch its project.



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