Is Audius (audio) outperforming the global cryptocurrency market?

With a price increase of 7.00% in the last 7 days, Audius (AUDIO) is outperforming the global cryptocurrency market which is up 1.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%. What is the market sentiment of Audius today?

What is Audius blockchain?

This blockchain-based project makes it possible for any artist to sign-up and stream their music without the common limitations we see in the current networks. The blockchain mechanism helps Audius to provide a decentralized interface with enough incentives for everyone, from artists to distributors and listeners.

What is the Audius token?

AUDIO token aims to revolutionize the music industry, making monetization of music accessible to as many artists as possible. Going up against centralized alternatives, such as SoundCloud and for larger artists, Spotify and Apple Music, Audius faces tough competition.

How do music artists earn cryptocurrencies & tokens?

Right now, music artists earn fiat currencies through streaming platforms like Spotify, Apple Music, YouTube & SoundCloud. The payouts are notoriously slow, taking anywhere from 2-4 months for artists to get paid from the time their song is streamed. But what if you could start earning cryptocurrencies & tokens with your music streams instead?