Audius wants to provide a new home to the newbie artist to showcase their talent, where they eventually earn 90% of revenue and the startup itself cant remove your efforts that has been put in” says Audius CEO Roneil Rumberg.
Auduis blame SoundCloud for its expensive hosting costs and content takedowns, which has been lagging user’s experience. Audius claims to be different all the way by offering music makers the opportunity to upload their songs at ‘No Cost’. At the launch of this music streaming App, they promise to promote the talent among the young music artist who wants to showcase their talent, though catalog is small to start with but we have amazing big plans to lure the artists to choose between other alternatives.
The secret spice is that Audius is not just a web and mobile site, it is an open source protocol constructed on the blockchain, not that consumers need to be versed in cryptocurrency or do anything weird to sign up. Actually, Audius does not host the music, but decentralizes it across separately operated nodes, which it thinks will safeguard it against litigation and pressure from recording labels.
Audio is free to listen at 320kbps of high quality. For now, music makers are unable to make bucks, although many on SoundCloud are still unable. But at the beginning of 2020, the company intends to allow musicians to choose to require users to occasionally listen to advertisements or pay for an Audius subscription a few bucks a month. Ninety percent of the income will go to the music makers or singers and ten percent to the server providers.
The commitment of Audius to empowering music makers by promoting immediate interactions with their fans and the users, opposition to censorship, and fair pay is so crucial at a moment when the artists are frequently mistreated. Audius can map its way into music culture by decentralizing power and funneling revenue straight to music makers.