Review on AudioCoin by Yinka Yemisi
Audiocoin project is to empower a new generation of audio artists.
My perspective when i heard audiocoin was like this coin will be for musicians. Because the word audio has to do with music. But i discovered that anyone who have interest ca create n account and get involved in the project.
On thing i love most in this coin is that, token holders can participate in control and see to the activities platform. It alows token holders to engage in securing the blockchain and receive some of the network fee to compensate holders f participating.
When it mainet was lunched in October 2020, it has over more than 500,000 active users monthly. This is really good. And has over 1 million monthly streams.
The aim of creating audiocoin was to give anyone the freedom of stream, share and moneytize any types of audio lyrics. It bring the artist and fans together by using node operators. It also pave ways for a fan to be compensated for the value they add to the network, artists interact and transact with their fans. There are many other benefits to the holder of this coin. The teams behind this coin are great. They are engineers, audiophile, entrepreneurs and blockchain experts. Who knows the nitty-gritty of what blockchain is entails.
Pros
- It offers intuitive experience for the users
- Holder are free to participate in governance and be compensate for doing so
- It has well experienced teams that are always ready to offer their best to the holders
- It helps artists to control their own future
Cons
- Nothing for now
