Most Influential 2021: Roneil Rumburg
Audius CEO on growing a Web 3 Spotify to 6.6 million monthly listeners.
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TAEW2LSLSFFZVI3S36WHQ34NGQ.jpg)
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TAEW2LSLSFFZVI3S36WHQ34NGQ.jpg)
Audius, a music streaming platform based on the Ethereum and Solana blockchains, grew from having 500,000 monthly listeners at the end of 2020 to nearly 7 million today, CEO Roneil Rumburg says. That’s significant, and a signal that Audius might emerge as a real challenge to centralized services like Spotify – or at least find its place within the music establishment.
The Complete List: CoinDesk’s Most Influential 2021
Rumburg’s app, especially popular among electronic and dance musicians, takes a novel, token-based approach to the economics of music streaming. But it still has to figure out the best way to get cash in artists’ pockets, Rumburg says.
What was your biggest success in 2021?
Audius grew from ~500,000 monthly listeners at the end of 2020 to nearly 7 million today – representing a 14x jump in usage. Artists on the network nearly tripled to over 200,000 while the content catalog doubled in size to more than 600,000 tracks.
Name one big plan for Audius 2022.
Monetization. :)
How is crypto going to change the world by 2030?
I think everyone in the world, whether they know it or not, will interact with a crypto-powered product on a daily basis.
The Complete List: CoinDesk’s Most Influential 2021
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.