Audius Integrates with TikTok, AUDIO Price Gets a Boost

02/23/2023 15:09 • Blockchain Buzz • 123 views

It is reported that the Web3 music platform Audius announced that it will be integrated into TikTok. Users can use their TikTok profile to register for Audius and use their songs in videos on social media platforms. The price of AUDIO may rise due to the news, rising to US $0.348071, or 13.5%. （CoinDesk）

Web3 music platform Audius will integrate TikTok

Interpret the above information:

Audius, the Web3 music platform, has recently announced that it will be integrated into TikTok, one of the world’s most popular social media platforms. This integration means that TikTok users can register for Audius using their TikTok profile and use the platform’s music library to create videos on the social media site. This announcement has led to a surge in the price of AUDIO, Audius’ native token, which rose by 13.5% to reach $0.348071.

This partnership between Audius and TikTok offers several benefits for both platforms. For Audius, the integration means that its music library will now be accessible to millions of TikTok users, providing an opportunity for these users to discover and appreciate new artists and music tracks. On the other hand, TikTok can enhance its existing music library with the addition of Audius’ expansive collection, enabling users to choose from an even wider range of music tracks while creating videos.

For AUDIO holders, the news of the Audius-TikTok integration spells good news as the price of AUDIO soared following the announcement. This rise could be attributed to several factors, such as anticipation of a surge in demand for AUDIO as more TikTok users discover and use the platform. Additionally, it could be due to the attention garnered by Audius and its music library from TikTok’s massive user base.

This surge in price could also be attributed to the general bullish sentiment surrounding cryptocurrencies as a whole. Since the start of 2018, the price of cryptocurrencies in general, including AUDIO, has experienced significant price volatility. However, as the adoption of cryptocurrencies grows and more companies integrate blockchain technology into their platform, the prospects for increased mainstream adoption grow more promising.

Nonetheless, it remains important to evaluate the partnership between Audius and TikTok in the context of competition. Other social media platforms like YouTube and Instagram already have well-established music libraries and partnerships with the music industry. However, the implementation of blockchain technology gives Audius an edge in providing creators with greater control over their intellectual property rights and transparency over revenue generation.

In conclusion, the partnership between Audius and TikTok is undeniably positive for both platforms, resulting in increased exposure of each platform to new audiences. Additionally, it could also provide a boost to the price of AUDIO, Audius’ native token. However, it also highlights the increased competition among social media platforms and the importance of staying ahead of the game in integrating new technologies such as blockchain.

Overall, the integration of Audius with TikTok reinforces the rapid evolution of the digital content space, and its potential to drive innovation in more traditional industries.

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Audius Integrates with TikTok, AUDIO Price Gets a Boost

Web3 music platform Audius will integrate TikTok

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