Blockchain-powered music streaming platform Audius has unveiled a $3 million cryptocurrency reward program, designed to incentivize both artists and fans engaging with the platform. The initiative aims to encourage content creation, fan interaction, and streaming activity, offering crypto-based earnings as a reward for participation.
As a decentralized streaming service, Audius allows artists to distribute their music without major label intermediaries, giving them more control over royalties and fan monetization. With this latest initiative, the platform is further bridging the gap between blockchain and music, reinforcing the growing trend of Web3 integration in the music industry.
This crypto reward program follows Audius’ previous efforts to incentivize direct artist-fan engagement, including NFT collectibles and tokenized fan experiences. As music streaming continues to evolve, Audius is positioning itself as a trailblazer in the decentralized music economy.