Audius is a decentralized music streaming service operating on the Blockchain, with social media features, targeting renowned initiatives like SoundCloud and Spotify, and is Ethereum-based. It allows any user to freely share, earn, and stream music. It serves as a music streaming platform that is artist-controlled and community-owned.
Technically, it's a Blockchain that enables artists to produce immutable and date-specific records secured by a decentralized network for their works.
As one of the non-financial crypto project applications, Audius belongs to and is organized by a community of artists, fans, and developers. From January 2021 with 2.9 million users, it exceeded over 5.3 million users by July 2021. Users listened to tracks 7.5 million times in April 2021, marking the highest monthly reach for Audius.

Audius was co-founded by computer programmers with Ivy League degrees, Roneil Rumburg and Forrest Browning, both enthusiasts of electronic music, who began developing the application in 2018.
Roneil Rumburg, one of the founders of Audius, participated in the “BlackSlash” platform work, which ensures fast transactions in Bitcoin payments. An expert computer programmer with experience in blockchain and artificial intelligence, Rumburg is also a key investor in projects within the crypto ecosystem, including Lightning Labs.
The other founding partner, Forrest Browning, initiated his company StacksWare as a university project and has been recognized in Forbes’ list of successful names under thirty.

Audius aims to eliminate record companies and intermediaries by directly connecting artists with their listeners, thus redirecting intermediary funds back to the artists.
The project owners believe that offering a compelling deal to musicians will significantly contribute to making Audius a popular community crowded with users.

The Audius network involves three main groups: those who operate nodes, artists, and listeners. Node operators can be divided into two: content and discovery nodes. Some nodes store and add content to the blockchain while others facilitate the meeting of artists with listeners.
Artists operating content nodes can keep their music on their interfaces without having to access other nodes. Artists storing their content also possess encryption keys for their content, granting them additional control over their music.
Artists wanting to store their uploads for distribution purposes match with a random content node. If a particular content node becomes unavailable, the Blockchain automatically replaces it with a new node without involving the artist, guaranteeing the security and decentralization of their content.
On the Audius platform, users earn rewards for certain activities. The reward is the AUDIO token, which is used to secure the network. Users can earn passive income by "staking" their AUDIO tokens. Moreover, artists can access different features, such as showcasing their NFT collections, by staking AUDIO.

No Blockchain or crypto knowledge is required to join Audius, making it popular even outside the crypto community with its easy interface and distance from other financial concepts.
Audius is distinct from its competitors because it is Blockchain-based, shaping how everything operates. Artists can upload their tracks without a fee, and users can listen for free, fostering a win-win situation where everyone earns crypto.
There’s no vetting process to start as an artist; you can upload your tracks immediately. After signing up for free, clicking "Upload Track," and dropping your music and image files is all it takes.
Serving over 100,000 artists, Audius claims to support the highest quality sound in free music platforms, enabling downloads at 320 kbps. Thus, Audius stands out with its download speed, ease of upload, and simplicity of the interface.

Audius competes with music companies like Spotify, SoundCloud, YouTube Music, Apple Music, Tidal Hifi, and Amazon Music Unlimited, which have famous artists and brand recognition. However, they lack the decentralized nature of Audius. The free access for users should not be overlooked either.

The current market value of Audius is 16,186,900,030 TL. The maximum supply is not specified, with a total supply of 1,066,858,974 TL.

As a technology company, Audius aims to create a safe, transparent, censorship-resistant, decentralized music platform. It achieves this by using Blockchain technology, making it a more reliable and stable platform.

As Blockchain becomes increasingly attractive due to its security, transparency, and cost advantages, it is steadily preferred across various sectors.
Although still in development, Audius is transforming music streaming with community management, artist and user integration, and its decentralized nature.
Regarding network expansion, the recent Audius-TikTok integration is crucial for the platform, as Audius will attract artists from TikTok's global user base of 1 billion people.
Audius allows showcasing Solana NFT collections on profiles, having announced the initiation of integration with the popular Solana-supported multi-chain wallet and browser extension Phantom.

In Turkey, purchasing Audius tokens (AUDIO) with Turkish Lira is quite straightforward.