Katy Perry, Nas, and Jason Derulo Are Investing Big in a Spotify Rival

Katy Perry, Nas, and Jason Derulo Are Investing Big in a Spotify Rival
When you play a song on major streaming platforms, money doesn’t just zoom straight into an artist’s pocket. But what if it did? That’s how payments are designed to work on Audius, a platform built on a blockchain — yes, the same technological network that NFTs run on.

And this three-year-old San Francisco-based company that employs fewer than 40 crypto-crazed people has officially piqued the interest of some of music’s biggest power players. Later today (September 16th), Audius will announce a $5 million round of strategic funding led by major music celebrities,
See full article at Rolling Stone »

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