• Sign Up
Jump to content
Γ—
Γ—
  • Create New...

  • The Chainsmokers, Disclosure, Steve Aoki & More Back Audius with $5 Million Funding


    Ravebot
     Share

    Major artists including The Chainsmokers, Disclosure and Steve AokiΒ are backing Audius in a $5 million round of strategic funding.

    Other artists who have donated to Audius include Katy Perry,Β Mike Shinoda, Nas, and Jason DeRulo.

    Audius recently came onto the scene as a music streaming and sharing platform that puts power back into the hands of content creators. The blockchain-enabled music platform claims to have over 6 million monthly users and counting.

    The Chainsmokers share their excitement about joining the platform:

    It’s a purer alternative to the more polished album rollouts that we will continue to deliver. As an artist it’s empowering to share different creative choices and to test stuff out in a lower-stakes environment.

    Additionally, for us the role of developing a community around our music has always allowed us to grow and motivated us to take risks. Audius continues to empower the artists and their community to seek freedom in all aspects of their art as the music business hopefully shifts more in favour of the artists fuelling the economy.

    More on the funding initiative here.

    Β 

    Sources: MusicTech, Music Business Worldwide

    This article was first published on Your EDM. Source: The Chainsmokers, Disclosure, Steve Aoki & More Back Audius with $5 Million Funding

     Share


    User Feedback

    Recommended Comments

    There are no comments to display.



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.


Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.