What is the purpose of the Audius coin?

However, the adaptability of AUDIO doesn't end there. A wrapped version of the token is available on alternative blockchain networks, such as Solana, expanding its horizons even further. This strategic move underscores Audius's commitment to staying ahead of the curve by embracing emerging technologies and providing artists with more options to monetize their creations.

AUDIO, the indigenous digital currency of Audius, serves as a medium for compensating artists for their imaginative endeavors streamed on the platform. This token not only recognizes their artistic contributions but also incentivizes them to continue creating and sharing their work with the world.

Being an ERC-20 token, AUDIO adheres to the Ethereum blockchain's standards, ensuring interoperability and seamless integration with other Ethereum-based platforms and wallets. This compatibility fosters a broader reach for Audius and its artists, as they can easily access and manage their earnings across various ecosystems.

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