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22 April 2021

Crypto Streaming Music Service Audius Tunes Into NFTs - Decrypt

Crypto Streaming Music Service Audius Tunes Into NFTs - Decrypt


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Audius, a decentralized, blockchain-driven streaming music service designed as an alternative to Spotify and SoundCloud, announced today that it has entered the burgeoningnon-fungible token (NFT)crypto collectibles and artwork space.

Instead, the platform has launched a Collectibles feature that allows both participating artists and users of a certain level to showcase the NFTs that they already own.

“Many Audius artists have shared NFTs with the crypto community, and we saw an opportunity for Audius to bridge that activity back to their fanbases.”.

While this is a first step into NFTs for Audius, Rumburg tells Decrypt that further plans are afoot, with crypto collectibles perhaps serving as a digital analog to the classic band merch

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