FAQ: Audius and Kodak Black Launch $YAK Artist Coin and Next-Generation Fanclub

What is the main announcement in this content?

Audius has partnered with rap superstar Kodak Black to launch his own Artist Coin called $YAK, which powers a next-generation fanclub experience on the Audius platform.

What benefits do $YAK holders receive?

$YAK holders gain exclusive access to unreleased music, track stems, and behind-the-scenes content that Kodak Black will release regularly on Audius.

When and where will Kodak Black distribute $YAK coins?

The rapper will distribute $YAK coins to fans and residents during his annual Kodak Day celebration on November 11 at the Golden Acres housing project in Pompano Beach, Florida.

What is Audius and how does it work?

Audius is a community-run music platform that connects artists and fans directly, allowing artists to retain control of how their work is distributed and creating new revenue streams for them and other rights holders.

Why is this partnership significant according to the participants?

Kodak’s manager stated that ’the future of music is ownership, and $YAK puts that power in the fans’ hands,’ while Audius’ CEO noted that Kodak is creating ‘an entirely new way to engage and reward his most passionate fans.’

What exclusive content will be available through this partnership?

Kodak Black will debut an unreleased $YAK-gated track on the platform and regularly release exclusive unreleased music, track stems, and behind-the-scenes content available only to $YAK holders.

How can I learn more about Audius?

You can sign up for Audius at https://audius.co to explore the platform and its features for artists and fans.

What is CryptoCurrencyWire and how is it related to this announcement?

CryptoCurrencyWire is a specialized communications platform focusing on blockchain and cryptocurrency that published this press release and provides distribution services for companies in the crypto sector.

How does this partnership benefit artists according to Audius?

Audius empowers artists to retain control of how their work is distributed and creates new revenue streams for them and other rights holders around the sharing of their music.