San Francisco-based blockchain-powered music platform Audius, which says it has 6 million monthly users, has signed a global licensing deal with music publisher Kobalt. The deal gives Kobalt-signed songwriters access to Audius’ decentralized marketplace, providing them with a potential new revenue stream, the companies said in a statement on Tuesday. Audius’ blockchain-powered marketplace offers music fans a way to engage with their favorite artists and support them via US dollar payments and its own crypto token, $AUDIO.
