Founders and Team 

• Jonny Fish: Co-Founder 
• Asti: Head of Business Development (BD) 
• Roy: Customer & Product Support Lead 

Investors and Partners

Solana Foundation, HashKey Capital, Mirana Ventures, Fenbushi Capital, Altos Ventures, Manifold Ventures, Folius Ventures, y2z Ventures, YIREN Digital, Foresight Ventures, Trovo.live, Base, Google Cloud 

How It Works (LiveFi Model)

• LiveFi combines live streaming with real-time financial interactions. 
• Viewers can trade, receive signals, tip with $K tokens, and explore assets during broadcasts. 
• All activities happen seamlessly within the platform. 

What Makes Sidekick Protocol Unique? 

• Real-Time LiveFi Experience: Track market data, trade, and interact with creators during live sessions. 
• Content & Discovery Integration: Assets recommended by creators can be discovered and traded by viewers. 
• Gamified Engagement: Upcoming features like “Klipp” gamify content discovery and user participation. 
• Community Governance: $K holders can propose and vote on the platform’s future. 
• Multi-Chain & MPC Wallet Support: Supports Ethereum, BNB, Solana, and Base for cost-effective transfers. 
• Transparent Market Signals: Creator-shared analysis and signals are instantly visible and verifiable. 

Core Products and Ecosystem Roles 

Live Streaming Hub: Explore trending creators, chat, send gifts, co-stream, and discover assets. 

Klipp (Upcoming): Gamified content discovery and viewer engagement via leaderboards. 

Ecosystem Roles

• Kickers (Creators): Earn $K tokens and engage with the community via live streaming. 
• Sidekickers (Viewers): Participate in trades, interact with experts, and explore featured assets. 
• Affiliate Partners: Promote the platform, attract users, and earn performance-based rewards. 

Governance & $K Token Utility

$K is the native utility and governance token. 

Uses: 

• Tipping or gifting during live streams. 
• Access to premium broadcasts, VIP groups, and early token distributions. 
• Staking increases visibility, loyalty programs, and exclusive creator connections. 
• Token-based campaigns, rewards, giveaways, and token-gated content. 
• “Proof-of-creation” rewards for content creators. 
• Participate in platform governance (feature roll-outs, incentive policies, content strategies). 

Roadmap 

• Market Validation: 1.6M+ monthly transactions, 1.1M+ on-chain transactions via WebApp & Discord. 
• Ecosystem & Tokenomics: 5.3M+ active wallets, 2.7M+ community members, 700+ new creators, #1 project on Yapper Launchpad, 210K+ daily viewers. Multi-chain support (Eth, BNB, Solana, Base), MPC Wallet, creator tools, live translation, gifting, and $K TGE. 
• Expansion: Grow creators & affiliate network, integrate social & distribution features. 
• Global Maturity: AI-powered social tools, multi-chain integration, community governance. 
• Sidekick ($K) is listed on Binance Alpha, where users can access airdrops and trading opportunities via Alpha Events. 

Token Information & Distribution 

• Total Supply: 1,000,000,000 $K 
• Circulating Supply: 111,333,333 $K (~11.13%) 
• Max Supply: 1,000,000,000 $K 

Token Allocation

• Long-term Community Incentives: 20% 
• Ecosystem Growth: 20% 
• Investors: 20% 
• Foundation: 16% 
• Core Contributors: 15% 
• Advisors: 5% 
• Liquidity Incentives: 4% 

Ecosystem & Technical Features 

• Multi-chain: Ethereum, BNB Chain, Solana, Base 
• Meta-transactions (MetaTx) for faster, easier usage 
• Security: Smart contract audits, multi-sig, time-lock, optional KYC/AML 

Official Links 

• Website
• Twitter
• Telegram
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Sidekick (K) Protocol? appeared first on Coin Engineer.

Audius’ Goal 

Audius aims to eliminate intermediary structures (record labels, digital distributors, etc.) by connecting artists directly with listeners. This creates fairer revenue sharing, allowing artists to maximize earnings from their music. 

• Revenue Model: Audius directs 90% of platform revenue straight to artists, a much higher ratio compared to traditional music platforms. 
• TikTok Integration: Audius integrates with TikTok, enabling artists to add their music directly to TikTok’s library, increasing chances of viral reach. 
• PRO License Agreements: Audius secures legal ground by partnering with professional copyright organizations such as ASCAP, BMI, and SESAC. This lets artists publish music confidently. 

Team Overview 

• Roneil Rumburg: Experienced in blockchain and AI, previously involved in Bitcoin payment solutions, prominent crypto investor and entrepreneur. 
• Forrest Browning: Founder of StacksWare, recognized by Forbes as a successful entrepreneur under 30. 
• Raymond Jacobson: CTO 
• Julian Baker: Head of Design 
• Christina Rowland: Head of Operations 
• Clayton Blaha: Head of Partnerships 

Investors and Key Partners 

Audius has raised $6.25 million from prominent investors including General Catalyst, Lightspeed Venture Partners, and Pantera Capital, along with significant support from Binance Labs. This strong backing solidifies its financial and technical foundation. 

Project Concept 

Audius bridges the music world with digitalization and crypto, creating a direct link between artists and fans. Its decentralized nature removes intermediaries, enabling artists to increase income while fans access music for free or at low cost. Songs are secured with immutable blockchain timestamps. 

How Does Audius Work? 

Audius serves three main user groups: 

• Node Operators: Run content and discovery nodes. 
• Artists: Upload music, manage content nodes, and control access with encryption keys. 
• Listeners: Access and interact with content on the platform. 
• AudSP Protocol: Audius uses the Audius Storage Protocol (AudSP) to store and share music files in a decentralized manner. 
• Stablecoin Support: Audius supports stablecoin payments, reducing volatility risk. It enabled USDC stablecoin support on Solana blockchain, allowing fast, low-cost transactions and purchases of digital products. 
• Node operators handle content storage, indexing, and distribution. The system auto-reconnects nodes on failure, maintaining decentralization and security. Users earn AUDIO tokens as rewards for performance. Artists and fans can stake AUDIO tokens to gain additional benefits. 

Roadmap 

• 2018: Project founded. 
• October 2020: Mainnet launched with live concerts by deadmau5 and RAC. 
• 2021: Rapid user growth and platform virality. 

Future: Scaling platform, expanding NFT integration, introducing new revenue models, and improving user experience. 

Use Cases 

• Artists share music directly. 
• Fans access music free or at low cost. 
• AUDIO tokens enable platform transactions, rewards, and node operation. 
• NFT showcasing and staking supported. 
• Offers decentralized, censorship-resistant music ecosystem. 

NFT Integration 

• Audius integrates NFT technology to offer new revenue and engagement opportunities for artists and fans. Artists can: 
• Tokenize tracks or albums as NFTs. 
• Create exclusive content, access rights, or limited digital products. 
• Offer unique experiences or digital collectibles to fans. 
• This empowers artists with greater control and direct fan support. 

Audius Collectibles 

Audius Collectibles let artists showcase NFT assets on their profiles. Fans can view, explore, and interact with these collections. Collectibles may provide exclusive content or perks, boosting loyalty. The feature supports decentralized, transparent NFT experiences. 

Token Information and Market Data 

• Token Name: AUDIO 
• Total Supply: 1.34 billion AUDIO 
• Market Cap: Approximately $86.53 million 
• Max Supply: Unlimited 
• Blockchain: Ethereum (ERC-20) and partial Solana integration 

Token Economics 

AUDIO is an ERC-20 token on Ethereum with no max supply limit. Distribution is: 

1. Investors: 36% 
2. Founders, team, advisors: 40.6% 
3. Open Audio Foundation Treasury: 17.8% 
4. Early adopters/artists airdrop: 5.5% 

Tokens power transactions, content uploads, rewards, and governance votes. Staking AUDIO grants rewards and platform benefits. 

Governance 

AUDIO holders vote on technical and community changes in the Audius protocol. 

Ecosystem and Highlights 

Audius stands out in decentralized music streaming by giving artists transparency and control, while enabling direct fan interaction. 

Key features include: 

• Decentralized architecture removing intermediaries. 
• Over 100,000 artists on platform. 
• High-quality 320 kbps streaming free to users. 
• User-friendly interface requiring no blockchain knowledge. 
• Immutable timestamped content protection. 
• Audius Collectibles NFT integration. 
• AudSP decentralized storage. 
• 5+ million active users in 2021; 7.5 million streams in April. 
• Supported by Binance Labs, General Catalyst, Lightspeed, and Pantera Capital. 

Social Media & Communities 

• Website
• Twitter
• Telegram
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Audius (AUDIO)? Web3 Music Platform appeared first on Coin Engineer.