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25 November 2020

Audius, the 'Decentralized Spotify,' Is Moving Part of Its Service to Solana Blockchain - CoinDesk

Audius, the 'Decentralized Spotify,' Is Moving Part of Its Service to Solana Blockchain - CoinDesk


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Decentralized music app Audius announced Thursday that it will migrate its content management system over to Solana’s high-speed blockchain from an Ethereum sidechain operated by the POA Network that runs on a set of trusted validators.

Notably, when Kin announced its move, it also announced an incentive arrangement with Solana that would unlock grants of SOL tokens for each million users Kin brought in over a 24 month period.

Audius CEO Roneil Rumburg declined to disclose the exact arrangement with Solana, stating that it was primarily a technical consideration, but he wrote to CoinDesk in an email, “There’s an agreement between the two teams that involves technical support, deliverables for support, and incentives.

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