Altcoins

Decentralized Music Project Altcoin Jumps by More Than 20% Amid New TikTok Integration

Decentralized music streaming service Audius (AUDIO) rolled out support for the popular video-sharing app TikTok, sparking a rally for the platform’s native crypto asset.

According to Audius, new users of its platform can now sign up using their TikTok profile, with the ability to import their handle and verification status to Audius after linking their accounts.

“One-click signup using your TikTok account. Verified on TikTok? Now you can be verified on Audius!”

The development enables TikTok users to share Audius songs in their videos.

“Have a track on Audius your TikTok followers just have to hear? One-click export a great video + visualizer and share out to your TikTok fans!”

Audius anticipates increased exposure to TikTok users following the launch of the new features. Says the firm’s co-founder and chief product officer Forrest Browning, according to CoinDesk,

“TikTok has grown into a social-media juggernaut over the past few years, and we’d love to let the Audius ecosystem tap into that. Anything that’s good for artists is good for the Audius community, and by letting artists import their verified status from TikTok, we think it’ll attract an even wider group of talent.”

Amid the excitement, the price of AUDIO has jumped by 21.76% over the past 24 hours. The token is trading for $0.38 at time of writing.

Generated Image: Midjourney

   

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