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Audius was launched in 2018 by two Stanford alumni, Roneil Rumburg and Forrest Browning, with the aim of solving one of the bigger issues in the music industry: transparency of ownership. Running on Solana, Audius is a decentralised music streaming protocol that allows anyone to create, distribute, listen to and monetise any type of audio. Musicians can create time-stamped recordings which are secured on a network of node operators. The native token AUDIO is used to unlock premium features and gated content and as a governance token.
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