BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

BITCOIN

₹61,88,169.18

1.472%

ETHEREUM

₹3,34,716.24

1.36%

TETHER USDT

₹89.45

0.041%

BNB

₹55,005.79

0.749%

SOLANA

₹15,830.69

0.742%

USDC

₹89.49

0.027%

XRP

₹47.12

1.963%

DOGECOIN

₹14.86

2.819%

CARDANO

₹43.24

2.395%

AVALANCHE

₹3,572.88

3.065%

SHIBA INU

₹0.002264

2.769%

WRAPPED BITCOIN

₹61,98,579.00

1.425%

POLKADOT

₹666.82

2.204%

TRON

₹10.75

2.869%

BITCOIN CASH

₹44,636.59

3.268%

CHAINLINK

₹1,463.29

2.403%

NEAR PROTOCOL

₹713.81

1.797%

POLYGON

₹64.75

0.851%

LITECOIN

₹7,671.23

2.849%

INTERNET COMPUTER

₹1,146.25

3.732%

Home

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Coins

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Audius

AUDIO

Audius

AUDIO

Watchlist

₹14.71

LIVE

24H Low ₹14.45

24H High ₹14.90

Price of AUDIO today

The current live price of AUDIO today is ₹14.71, with a 24-hour trading volume of ₹61,30,27,116.61. Our AUDIO to INR price is updated in real-time. AUDIO has seen a decrease of -0.04% in the last 24 hours. With a live market cap of ₹17,97,62,05,846.32 , the circulating supply is at 1,224,749,415 AUDIO coins, with a maximum supply of 1,256,319,644AUDIO coins.

Audius Price History

Date ComparisonAmount Change% Change
Today₹0.03

0.18%

7 Days₹0.42

2.94%

30 Days-₹2.97

16.8%

1 Year-₹6.57

30.87%

Audius Price Information

Price Change (1hr)

0.18%

Price Change (24hr)

0.18%

Price Change (7d)

2.94%

Audius Market Stats

Market Cap

₹17,97,62,05,846.32

Fully Diluted Market Cap

₹18,43,95,76,498.26

24hr Volume

₹61,30,27,116.61

33.72%

Circulating Supply

1224749415 AUDIO

Total Supply

1256319644 AUDIO

Things to know about Audius

1. What is the token?

Audius (AUDIO) is a decentralized blockchain-based platform for streaming and sharing music. It was launched in 2018 with its native token AUDIO, which powers the ecosystem. The AUDIO token is used to compensate artists for their creative works which are streamed from the platform. It is an ERC-20 token and has a wrapped version available on other networks[1][9][12].

2. Tokenomics

The total supply of AUDIO tokens is 1.22 billion. The AUDIO token plays a crucial role in the governance of the Audius network. Each AUDIO token represents one vote. The tokens are stakable, and anyone who holds them can use their AUDIO tokens for value-added services. Node operators require AUDIO tokens to operate a discovery or content node on the Audius network. Artist tokens enable a music creator to engage with their fans on the Audius network. The artists are free to distribute the Artist tokens with their fans, which they can use to access exclusive content created by the music artist[2][3][7][15].

3. Market Data

As of today 23 May 2024, the price of Audius is ₹14.71 INR, with a 24-hour trading volume of 6849464.99 USD. The market capitalization for Audius is 200851461.97USD. The circulating supply is 1224749415 Audius, with the total supply also being 1256319644 Audius

4. Token Pros and Cons

Pros:

  • AUDIO tokens play a crucial role in the governance of the network and act as a financial incentive[2].

  • Artists can earn tokens by uploading tracks that cross a certain level of engagement[8].

  • The AUDIO token allows holders to pay for the content they consume, and 100% of the proceeds go to the artists[10].

Cons:

  • The project faces tough competition from established platforms such as SoundCloud, Spotify, and Apple Music[10].

  • The price of the token has been quite volatile[6].

5. Why Should You Invest in the coin

Investing in AUDIO could be beneficial due to its unique model of operations that allows artists to get paid for their creations. AUDIO tokens are used as rewards for staking, and anyone can become a staker by staking their AUDIO balances. Ongoing token issuance is used to pay these rewards. AUDIO can also be traded in the market of cryptocurrencies to make a profit based on the difference in prices[9].

6. USP of the coin

The unique selling point of the AUDIO token is its role in a decentralized music-sharing and streaming protocol that enables artists to distribute their music directly to their fans and receive payment without intermediaries. It also allows artists to engage with their fans on the Audius network through the distribution of Artist tokens[2][14].

7. Problem the coin is solving

The AUDIO token is solving the problem of intransparent music rights ownership and intermediaries standing between artists and their fans. It provides a decentralized alternative to existing streaming platforms to help artists monetize their work and interact directly with their fans[3][5].

8. Founder and team background

Audius was founded in 2018 by Roneil Rumburg and Forrest Browning, both Stanford University alumni. The team consists of entrepreneurs, engineers, and audiophiles[6][7].

9. ICO Price

Audius raised over $9 million through private funding rounds before launching its AUDIO token in October 2020 at an initial price of $0.50. The token hit an all-time high price of $4.95 in March 2021.

Funding Rounds:

  • September 2021: Raised $5 million in an undisclosed round. Total raised so far is $9.35 million.

  • July 2020: Raised $3.1 million in a strategic round led by Binance Labs.

  • October 2020: Binance Labs led a $1.25 million extension round.

Prior rounds:

  • 2018: Raised $5.5 million in an early round from investors including General Catalyst, Lightspeed, Pantera Capital etc.

10. Risks Associated in Investing in the Coin

  • Price volatility: Like most cryptocurrencies, Audius price can be highly volatile. It hit an all-time high of $4.95 in March 2021 but is currently trading around $0.18, after declining significantly in 2022.

  • Concentrated token holdings: The top 10 wallets hold 92.21% of total AUDIO supply, indicating high concentration. This raises risks related to potential dumping etc.

  • Hacking and security issues: Audius governance contracts were hacked in July 2022, leading to loss of tokens. This highlights risks related to vulnerabilities in smart contracts.

  • Adoption and competition: Audius user growth has slowed down recently. Also faces stiff competition from larger players like Spotify. Ability to gain more users and artists is a key risk factor.

  • Legal and regulatory uncertainty: Issues like inability to take down copyright infringing content could pose legal risks for Audius.

  • Liquidity constraints: The hacker was able to liquidate only $1.08 million out of $6 million worth of stolen AUDIO tokens, highlighting liquidity issues.

11. Whitepaper Insights

The Audius whitepaper outlines the project’s mission to create a decentralized, community-owned, and artist-controlled music-sharing protocol. The platform aims to give everyone the freedom to share, monetize, and listen to any audio. The AUDIO token plays a crucial role in the platform’s operation, being used for staking by node operators and artists to unlock exclusive features and services[13].

Audius consists of three demographics of users: Artists (content creators), Fans (content consumers), and Service Providers. Artists upload tracks, create albums, and share content to their following. Fans stream tracks, create playlists, subscribe to & follow artists, and re-share content to their networks. Service providers can provide one or more of the following services by staking $AUDIO tokens: Discovery node and Content node[5].

The platform is designed to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. Currently, Audius rewards content creators through rewards like featuring in the weekly trending lists. In the future, it plans to integrate stablecoins for artists to offer paid content, as well as artist tokens that give fans the ability to access exclusive content[3].

The whitepaper also discusses the platform’s commitment to open and free APIs, which third-parties can use to build apps on top of the network, allowing users to interact with the content in all kinds of ways on all kinds of devices. The Open Audio Foundation was formed to steward the long-term growth of Audius[8].

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

8950

0%

AUDIO to Converter

Quantity

AUDIO

AUDIO

Price

fiat

Price as per 12:09 AM • 23 May 2024

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Have a question not answered?

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What is the price of Audius (AUDIO)?

The current price of Audius (AUDIO) in INR is ₹14.71 INR.

What is the current AUDIO market cap?

The current market capitalization of Audius (AUDIO) is ₹17,97,62,05,846.32 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of AUDIO by the number of coins in circulation.

What is the current supply of Audius (AUDIO)?

The current supply of Audius (AUDIO) is 1224749415 AUDIO. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Audius (AUDIO)?

The 24-hour trading volume of Audius (AUDIO) in INR is ₹61,30,27,116.61. This figure represents the total value of all AUDIO transactions across various exchanges within the last 24 hours.

How to Buy Audius (AUDIO) in India?

To buy Audius (AUDIO) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in AUDIO.

Can I buy Audius (AUDIO) with UPI?

Yes, you can buy Audius (AUDIO) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Audius (AUDIO) to Indian Rupee (INR)?

To convert Audius (AUDIO) to Indian Rupee (INR), you can use our AUDIO/INR conversion tool.

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