Audius Unveils Artist Payment System with 10% Community Treasury Split
Thursday, 26 September 2024, 02:10
Audius Launches Public Artist Payment System
Audius, a San Francisco-based decentralized music platform, has officially announced the public launch of its direct payment feature. This feature allows artists to receive payments directly from fans alongside a 10% allocation to the community treasury, fostering a stronger connection between creators and their supporters.
Key Features of the Artist Payment System
- Transparent Transactions: Every payment is recorded on the blockchain, ensuring transparency.
- Community Involvement: The 10% community split supports platform growth and artist initiative.
- Decentralized Platform: Audius promotes a decentralized music ecosystem.
The launch signifies a pivotal moment in the music business, giving artists more control over their revenues while enriching community engagement.
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