Audius Is Moving Part of Its Service Onto Solana

Oct 29, 2020 at 17:08 UTCUpdated Oct 29, 2020 at 18:23 UTC.Decentralized music app Audius announced Thursday it will migrate its content management system over to Solana's high-speed blockchain from an Ethereum sidechain operated by the POA Network that runs on a set of trusted validators.

Audius occupies a similar space to popular music players like Pandora or Spotify, but it allows artists to set their own terms.

Audius reports strong recent growth in users, currently boasting 800,000 active users and over 150,000 tracks available for streaming.

We previously reported on Terra, Kin and USDC moving onto Solana.

Notably, when Kin announced its move to Solana in June, it also announced an incentive arrangement with Solana that would unlock grants of SOL tokens for each million users Kin brought in over a 24-month period.

Audius CEO Roneil Rumburg declined to disclose the exact arrangement with Solana, stating that it was primarily a technical consideration.

He wrote to CoinDesk in an email, "There's an agreement between the two teams that involves technical support, deliverables for support, and incentives. Solana will help Audius have the best user experience possible."

Audius node operators and artists use the AUDIO token to stake, allowing for different functions on the network.

The higher-throughput needs required by actually hosting, finding and streaming music will port over to Solana, which boasts extremely low transaction fees and millisecond block times.

Audius expects the migration to happen in three phases, wrapping up in the second quarter of 2021.The Audius app is available on iOS and Android app stores and on the web.