Audius Integration with TikTok Results in a Possible Price Rise for AUDIO
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 …
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
Interpretation of the news:
Audius, the Web3 music platform, recently announced its integration with TikTok, a popular social media app. The integration will allow users to register for Audius using their TikTok profile and use the platform’s music library in videos on Tiktok. The platform has gained quick popularity among music enthusiasts worldwide as it allows artists to share their work directly with their fans without the need for intermediaries like record labels. This movement has further been supported by crypto enthusiasts due to the platform’s utilization of blockchain technology.
With the latest integration, the AUDIO token may see a significant increase in value. Even before the announcement, the token had been gaining value due to its popularity among music makers and users seeking to be free from intermediaries. Since its launch, the demand for the token has been on the rise as Audius continues to develop and expand its user base. The announcement of TikTok’s integration with Audius has further bolstered the platform’s credentials, attracting further attention from crypto traders and enthusiasts.
Despite the recent surge in the token’s price due to this news, some doubts have arisen among crypto enthusiasts. They have been questioning whether it is solely the Audius-TikTok integration that is contributing to the rise or whether there are other reasons for the token value hike. Nevertheless, the integration will make it simpler for users to access Audius and use its music library, which can further drive the adoption of the platform among TikTok users who are looking for new sources of music.
In conclusion, the Audius-TikTok integration has come as a welcome development for both platforms, and the AUDIO token’s rise is expected to continue in the crypto market. The partnership demonstrates that the crypto industry is expanding beyond traditional uses of blockchain technology, and there is a growing demand for more services and products to be built on top of decentralized networks.
Overall, the AUDIO token’s growth may signify that other Web3 platforms could experience similar growth in the future as more people look to interact with the blockchain space. The rise of AUDIO is a sign of the blockchain industry’s maturation, where tokens are no longer created solely for speculative purposes, but are tied to real-world use cases, which is undoubtedly good news for all crypto stakeholders.
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