Audius skyrockets after hitting record milestone

Since yesterday, Audius has been rallied over the news that it has signed a naming rights deal of previously unimaginable magnitude. Under the terms of the agreement, the legendary Red Rocks Amphitheater near Denver, Colorado will be renamed AUDIO Amphitheater.

Audius is up 15% yesterday and nearly a fifth of its value today. If you want to know what Audius is, if it will give you good returns and where is the best place to buy Audius, you've come to the right place.

What is Audius?

The Audius Network is a decentralized music sharing and streaming platform founded in 2019. Audius aims to address issues related to revenue imbalances in the music industry, among other things.

The network consists of a content ledger, content nodes and discovery nodes. The ledger stores all information about artist content, rights and other information. This data is tamper-proof as it is provided directly from the source.

Content nodes host and share music with artist permission. Finally, detection nodes maintain an index of metadata and content, and respond to requests.

When a user stakes AUDIO, the platform's native coin, they can run a node and receive a percentage of network fees. You can use AUDIO for governance purposes or unlock additional features within the platform.

Should I buy Audius today?

Audius can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do some market research before making a commitment. Take all investment advice with a grain of salt.

Audius Price Prediction

Tech News Leader thinks the price of Audius will keep going up. They predict it will surpass $4 in 2027 and trade for $27 in a decade. The price at the time of writing was $1.63.

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