Stake Capital partners with Decentralized SoundsCloud: Audius
Stake Capital is excited to release its new vertical market: the music Industry, partnering with Audius, the decentralized SoundsCloud
Audius is a brand-new streaming platform built for all musicians, not just those signed to labels. Via the platform, users can build a fanbase, share works in progress, and then publish completed tracks for all the world to hear.
The backend infrastructure for Audius services is provided by a network of node operators. Enabling users to create, grow, and monetize, all without the need to graduate off the platform or sign a record deal.
Stake Capital is one of the leading service providers of the emerging digital economy. Our services include financial instruments and services on top of the leading DeFi and proof-of-stake networks.
Stake Capital has been pushing the decentralized music industry throughout the ecosystem for the past few years now. We organized RaveCC in Paris, we built DTok (A decentralized pay-as-you-go live streaming platform)and we’ve been producing music such as TribalNeed.
Through our music experience and premier node operator across the DeFi and staking space, we bring our extensive knowledge of the ecosystem to the Audius platform. By meaningfully engaging in the community and adding our unique expertise, Stake Capital can bring significant value to the Audius community.
By adding Audius in the Stake Capital portfolio of supported DeFi and PoS networks, we add an innovative new offering and vertical for our delegators. Additionally, via our upcoming launch of StakeDAO, stakers to our Audius infrastructure will soon be able to additionally earn a stakeholder revenue share for participation in the DAO. (You can read more about StakeDAO here.)
As of today, Stake Capital is running both a Discovery and a Creator node. Via these node operations, Stake Capital helps provide both music artists and listeners with a robust decentralized backend supporting the smooth Audius UX.
We will continue to work closely with the Audius team to build-out the network, provide assistance and feedback from a node operations perspective, and further our mutual integrations.
To read more information about Audius please visit their website. As always, get engaged with Stake Capital and StakeDAO via our channels below.
