We know how important music is in all our lives. It can be added to everyone’s favourite because of the influence of favourite music directors, singers or composers. At the end of the day, everyone is an artist who sees popularity due to their talents. But do you know that only 1% of the artists gain 77% of the income generated?
As shocking as it seems, it is the truth that artists who are out of this 1% won’t earn anything of a significant amount. We see numerous statistics and forecast data about the global music streaming industry’s success, but not even half of them go to the creators. Looking at the loss that these artists, an app called Audius, brought its idea into the limelight.
Blockchain is making circles around every sector we know, agree? It didn’t leave the music industry behind also, as the app Audius that we are going to discuss soon is based on blockchain. It pulls in the attention of artists who want to make a significant change to their career without any boundaries. If you are eager to know about it further, so are we to explain it! So, let’s meet in the middle and listen to the future’s tune!
Audius- In a class of its own
The present system in the music industry system is different from what we are going to talk about. In this system, the artists depend on middlemen like radio stations, streaming services or record labels to reach the listeners. Though this seems to be a profitable business for these services, it is the stark opposite for the artists. But what if there is no intervention between artists and their fans?
Audius is a decentralized, community-owned music streaming platform that stands unique from other streaming apps. This is because the platform allows and encourages artists to take control of their music and get paid directly from their fans. By giving artists the chance to earn more income through their creation and for the listeners to access music at a low price, the app has been revolutionizing the music streaming industry.
The platform doesn’t contain any community of record labels, and it doesn’t support account bans either. As the platform uses a decentralized network, there is no central server. It is governed by the ERC-20 token, AUDIO, which is used for governance and security mechanisms. Creating an Audius clone app can be a difficult task but follow the insights below.
Let’s peek into the Audius system
The Audius protocol has several components. They are The AudSP, The Audius content ledger, and Audius governance.
AudSP is the file system where artists upload their music to the platform. After which, the content nodes interact with AudSP and then starts the facilitation of permitting features.
The Audius content ledger is where all the facilitating and recording activities of Audius will happen. That is, it lets users track or create song libraries. The ledger is an addition to the platform’s Ethereum smart contracts, POA Network and other base layers that will interact within the system.
The Audius governance system is the essential component. As this is a community-owned project, it will allow users to decide on royalties, token awards, etc.
Get to know how to launch a blockchain basic music streaming app using Audios clone script.
Audius Clone – How developing an app like Audius can be a surefire hit?
Rather than bringing in the record labels, or getting the albums banned, because of the violations that a centralized government or a party can bring in, the system allows artists to have complete freedom to control things like who can consume the content and under what conditions it can be consumed. It will lead to more people hearing their content anytime, anywhere. Any artist can create a playlist, let people hear and boost their viewership and capture money every time without missing a beat. More curation can lead to more curation and hence more users. This will, however, result in a grand success.
GOT AN IDEA TO LAUNCH A AUDIUS CLONE? LET’S DISCUSS!
By promising to remove the music streaming industry’s woes, blockchain technology is what is adopted by many businesses. The blockchain’s distributed ledger technology is something that is letting people streamline royalty payments, release music effortlessly, eliminate any middlemen intervention and give importance to origin for music creators. To sum it, blockchain has redefined the way music used to be produced, sold, listened to and managed, in a somewhat transparent way. This is driving many businesses forward, and there are many companies that are adapting to this.
Mandatory features to be incorporated in Audius Clone
The following features are mandatory if you wish to launch a blockchain based music streaming system. They contribute majorly to the app, thus letting it stand unique among the other similar apps.
Artists should be able to add their content to the platform in a secure manner.
Viewers or listeners should be able to view contents on the platform for selecting the song they need to hear.
The platform should allow cryptocurrency-based payments to artists
Fans of the artists should have complete access to their favourite artists
After the initiation of the download of the song, smart contracts should process payments automatically
The platform must use blockchain in order to keep the transactions and payments transparent
Being the USP of the platform, it should let artists keep most of the revenue they generate using their content
Make sure that the system doesn’t have ads for viewers/listeners as a monetization strategy. Instead, you consider other options like introducing agreements between the artists and their fans. For instance, the artists can set an arrangement with fans to share their revenue if the fans share music. It will become a win-win situation for them.
Ensure that you don’t complicate the interface and keep it as user-friendly as possible.
How to build a blockchain system for the music industry?
Developing an Ethereum Distributed App like Audius can be pretty complex when it comes to designing the backend.
There is a five-step development approach that you need to follow for a clearly planned process. They are:
Firstly, you need to have a capable team
Design and build a simple UI
Use a blockchain network such as Ethereum
For the transaction of the crypto token, you need to create one
Lastly, you should test and deploy smart contracts
The front-end, though, is easy and can be coded in any popular language, the backend must have smart contracts, and it needs a unique skill set. Unlike any web or app development, building a blockchain music platform is not straightforward, requiring expertise. From creating a platform without scalability issues to deriving a plain and simple product is what is important. If you wish to start it from scratch, it can be a complex development project, as even if you miss out on a single detail, it can all go down in vain.
On a concluding note
With that in mind, Appdupe, as a blockchain development company, we are offering the first in class blockchain music streaming app solution, the Audius Clone. It will let you start a platform that uses blockchain technology, just like Audius, with all the mandatory features and glitch-free functionality. We have a ready-made solution that you can use to incorporate some unique features and thus launch the platform almost in a week. So, if you are ready, all you need to do is give us a call!
At AppDupe, we know that our customers are Entrepreneurs and keeping them succeeding is what will make us stronger. So, we promise you, Life Time Updates free of charge. Yes, we know that Apple and Google keep coming out with new versions of their mobile OS's and other companies we clone from also keep updating their features and UX to stay up-to-date. We will take care of that for you, leaving you to do what you do best, Win!
Is this legal?
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