Audius
AUDIO
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for AUDIO.
AI Analysis
Comprehensive evaluation of the token
Audius (AUDIO) distinguishes itself as a market leader in the decentralized music streaming sector, boasting exceptionally strong product adoption with over 3.1 million monthly active users. The project scores highly in Team and Governance (9/10), driven by a credentialed public team, high-profile industry backing, and a transparent DAO structure. Active Development (8.5/10) and Community Support (8.5/10) are also standout metrics, reflecting a working product with consistent code velocity and a genuine user base rather than just speculative holders. Market fit is evident, solving critical monetization issues for artists. However, the overall assessment is weighted down significantly by Security (4.5/10) due to the critical 2022 governance exploit that resulted in a loss of funds, despite subsequent remediation and high-quality audits. Tokenomics (6.5/10) also present a drag due to high insider concentration. Overall, Audius represents a high-utility, functioning protocol with real-world traction, tempered by specific security and centralization risks.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Audius (AUDIO)
Audius (AUDIO)
Audius is a decentralized music streaming protocol that empowers artists to publish, monetize, and distribute their content directly to fans without intermediaries. Built on Ethereum and Solana, Audius leverages blockchain technology to ensure transparent, censorship-resistant distribution and community-driven governance.
Key Features
- Decentralized Streaming: Peer-to-peer content delivery network for fast, reliable playback.
- Artist Monetization: Direct AUDIO token rewards for creators and fans.
- Community Governance: AUDIO holders vote on protocol upgrades and ecosystem development.
- Cross-Chain Integration: Native support for Ethereum and Solana networks.
AUDIO Token Details
- Symbol: AUDIO
- Total Supply: 1.65 billion AUDIO (consult official sources for current metrics)
- Primary Functions:
- Staking to secure discovery nodes and earn network fees
- Governance participation for protocol proposals
- Reward distribution to artists, node operators, and community contributors
Use Cases
- Artist Rewards: Fans can tip and reward artists with AUDIO tokens.
- Node Operation: Operators stake AUDIO to run discovery nodes and support decentralized streaming.
- Governance: Token holders submit and vote on proposals for network improvements and funding allocations.
Additional Resources
- Official Website: https://audius.co
- Developer Docs: https://docs.audius.co
- GitHub Repository: https://github.com/AudiusProject
Information provided for general informational and reference purposes.
