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Audius

Audius

Audius's mission is to create a fully decentralized community of artists, developers, and listeners collaborating to share and defend the world's music.

Audius is a company that has developed a platform designed for musicians that are both signed or unsigned to labels. The company was founded by Forrest Browning, Ranidu Lankage, and Roneil Rumburg in 2018, in San Francisco, California, United States.

The platform is designed to generate time-stamped records for creative works to register assets to the Audius network. The network is decentralized and secured by blockchain technology to protect and verify metadata attributions. Audius allows users to discover new content that can be verified through authenticity, and its system of attribution.

Audius will be distributed with a fixed genesis distribution and a continuous, controlled emission. The choice of an ongoing issuance launch is based on a desire to constantly align network growth with new entrants and their relative contributions, rather than concentrating managerial power in the hands of early entrants.

Timeline

July 2020
Audius raises a $3,100,000 venture round from Blockchange Ventures, Coinbase Ventures, Multicoin Capital and Pantera Capital.
2020
Audius was founded by Chris Yim, Forrest Browning, Kyle Powers, Ranidu Lankage and Roneil Rumburg.
August 8, 2018
Audius raises a $5,500,000 series A round.
August 2018
Audius raises a $5,500,000 series A round from 122West Ventures, Ascolta Ventures, General Catalyst, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners and Pantera Capital.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Audius - Empowering Creators

Web

Audius interview | Audio Streaming For The Metaverse

Web

February 9, 2022

Audius: AUDIO Worth It?? Complete Overview!! 🎵

Web

August 19, 2021

Blockchain for Music Startup Raises $5.5. Million in New Funding

Nikhilesh De

Web

August 8, 2018

News

Title
Author
Date
Publisher
Description
David Riggs
February 27, 2021
TechCrunch
Digital content has value, and crypto collectors are flocking to lay their namesake on the biggest collections of tomorrow.
Blue Ridge Bank, N.A.
February 10, 2021
www.prnewswire.com:443
/PRNewswire/ -- Blue Ridge Bank has announced that for the first time in U.S. history a commercial bank is providing access to Bitcoin at its branch locations....
Dani Deahl
October 9, 2019
The Verge
New startup Audius says its blockchain-based music streaming service is the solution that finally pays attention to indie artists' needs. It's also full of pirated material that, if its promotional materials are right, the company cannot remove.
Christine Fisher
September 24, 2019
Engadget
A new streaming service, Audius, wants to make up for SoundCloud's shortcomings. The free hosting service and music streaming platform launched today, and it's...

References

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