Audius, a blockchain-based streaming platform for creators, appears to be making significant strides in the world of
decentralized music. Amid multiple AI-related innovations in audio technology, the possibilities for this intersection are vast, potentially presenting both opportunities and challenges. Talk of
deepfake attacks extending to videos and audio raises security concerns. In addition, a notable headline implies that
AI could soon generate photorealistic movies with sound, thereby reshaping the music industry.
Meanwhile, the advancement of blockchain-based audio calls on Solana provides positive prospects for the audio sector of the crypto world. However, news of a hack where over $1million was drained from Audius after a malicious proposal was passed highlights the possible risks associated with decentralized finance.
Music industry giants like
Snoop Dogg, venture capital firm a16z, and a new notable wave of Web3 music platforms backed by Sound's $20m funding round, show confidence in the future expansion of the decentralized music realm. Other technologies like AI audio tools for recording music and podcasts also adds significant potential for blockchain developments.
Finally, the recent move where web3 music platform
Audius integrated TikTok further amplifies the increasing convergence of blockchain technology and the music industry.
AUDIO Coin News Analytics from Fri, 17 Aug 2007 07:00:00 GMT to Wed, 05 Mar 2025 16:44:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -1
