Audius, known as
AUDIO coin, has been surfacing on investors' radar due to its remarkable potential in the music streaming industry. It is establishing itself as a decentralized contender in a segment dominated by centralized platforms such as Spotify. Audius's notable partnership with TikTok contributed to its market cap exceeding $1B mark. This collaboration represents a unique milestone for any decentralized music platform. Audius is making inroads in winning influencer backing as well, with celebrities like Katy Perry and Chainsmokers sinking $5M into the platform.
However, not all news around Audius is rosy. The platform has seen a significant attack where around $1.1M in tokens were stolen, highlighting the security issues that still plague many blockchain projects. In terms of future prospects, different price predictions for Audius vary, with some observers envisioning steady growth and others more bullish outcomes. It is essential to keep in mind that such surmises hinge on diverse factors including market conditions, adoptions, and technological advancements.
SolChat, another blockchain-based platform, introduces audio calls to the blockchain, reinforcing the growing intersection of audio and blockchain technology. AI advancements are also set to influence this intersection, extending even into the creation of photorealistic movies with sound. Conversely, AI has been highlighted as a security threat, with warnings of AI-powered audio-jacking in live calls and deepfake AI audio attacks.
AUDIO Coin News Analytics from Fri, 26 Nov 2010 08:00:00 GMT to Mon, 11 Nov 2024 07:27:01 GMT -
Rating 7
- Innovation 8
- Information 5
- Rumor 1
