AudioCoin PriceADC

What is AudioCoin (ADC)?

AudioCoin (ADC) is a cryptocurrency launched on June 5, 2015, designed to address longstanding issues in the music industry by integrating a financial ecosystem directly into music consumption. According to its whitepaper, AudioCoin was created to break down the barriers of traditional e-commerce systems and provide a mechanism through which music fans and artists can engage in viral marketing while being tangibly rewarded. The project builds on the Peercoin and, by association, Bitcoin protocol, positioning itself as a solution that renders the current streaming model archaic and redundant by directly rewarding both producers and consumers.

AudioCoin operates as a hybrid Proof of Work and Proof of Stake cryptocurrency using the Scrypt algorithm. Users are able to generate ADC through the process of mining, while the Proof of Stake protocol offers an additional consensus layer. The project is listed under the Music and Hybrid - PoW & PoS categories on CoinMarketCap. With a total supply of approximately 980,733,270 ADC, AudioCoin remains a micro-cap cryptocurrency with a long history in the market. The project is currently in a mature phase, having been publicly traded for nearly a decade. AudioCoin is a micro-cap asset with limited trading activity; its price and market data fluctuate with the market and are shown on the live price page.

Key Specifications & Tokenomics

• Name: AudioCoin
• Symbol / Ticker: ADC
• Consensus / Algorithm: Scrypt; Hybrid - Proof of Work & Proof of Stake
• Smart Contracts: Not applicable; AudioCoin operates on its own blockchain derived from the Peercoin and Bitcoin protocols
• Category: Music; Hybrid - PoW & PoS; Scrypt
• Initial Release: June 5, 2015
• Total Supply: 980,733,270.76465 ADC
• Circulating Supply: 0 per the CoinMarketCap registry; the project self-reports 980.73M ADC as circulating. The two figures come from different sources and have not been reconciled.
• Max Supply: No hard cap is recorded in the project registry; new ADC is issued through Proof of Work mining, while the Proof of Stake layer lets holders earn rewards from block creation.
• Official Website: http://www.audiocoin.eu/
• Block Explorer: http://www.presstab.pw/phpexplorer/ADC/index.php
• Source Code: https://github.com/aurovine/audiocoin
• Official Announcements: https://bitcointalk.org/index.php?topic=1151767

Who created AudioCoin?

AudioCoin was founded by Ken Foster, who also founded the music blockchain project Aurovine and served as AudioCoin's CEO. Ken Foster participated in an interview with Helmuts from HostMaria, during which they discussed both Aurovine and Audiocoin, providing insight into the project's vision and direction.

How does AudioCoin work?

AudioCoin operates on a hybrid consensus model that combines Proof of Work and Proof of Stake, utilizing the Scrypt hashing algorithm. This dual approach allows participants to generate ADC through mining while also supporting network security and transaction validation through staking. The project builds on the Peercoin protocol, which itself derives from Bitcoin, giving AudioCoin a proven and decentralized foundation for secure transactions.

The core mechanism of AudioCoin is designed to facilitate music consumption by removing the intermediaries typically found in traditional e-commerce and streaming systems. By using a peer-to-peer cryptocurrency, artists and fans can transact directly, with both parties receiving tangible rewards. This structure is intended to create a viral marketing effect, where fans are incentivized to promote music and artists are compensated more directly. The Proof of Stake layer further supports the network by allowing holders to participate in block creation and earn rewards, contributing to the overall security and sustainability of the blockchain.

What makes AudioCoin unique and valuable?

AudioCoin's primary differentiator lies in its explicit focus on the music industry and its attempt to restructure how value flows between artists and listeners. Unlike general-purpose cryptocurrencies, AudioCoin was conceived with consideration for the specific issues faced by the music industry, including the need to include a financial ecosystem that directly benefits creators and consumers. By building on the Peercoin and Bitcoin protocols, it inherits a robust and battle-tested security model while introducing a use case tailored to music engagement.

The project's value proposition is rooted in rewarding both producers and consumers tangibly, thereby rendering traditional streaming models archaic and redundant. This approach aims to break down the barriers of traditional e-commerce systems and enable viral marketing through community participation. Additionally, AudioCoin's hybrid PoW and PoS consensus provides flexibility for participants to either mine or stake, potentially lowering the barrier to entry for network participation. However, it is important to note that despite its long history since 2015, AudioCoin currently exhibits low market activity and liquidity, which investors should consider when evaluating its utility and value.

What is AudioCoin used for?

AudioCoin is primarily used as a medium of exchange within the music ecosystem, enabling fans to consume music and interact with artists without relying on traditional e-commerce intermediaries. According to the project's description, it provides a way for music fans and artists to engage in viral marketing, where both parties are rewarded tangibly. Artists can receive ADC directly from fans, and fans can earn or receive ADC for their participation in promoting music.

Beyond music consumption, ADC functions as a tradable cryptocurrency. ADC trades on a very limited number of venues; the only trading pair documented in public sources is ADC/BTC on YoBit. The documented trading pair is ADC/BTC on YoBit; fiat conversion pairs listed by Crypto.com (AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, KRW) are conversion quotes, not separate order books. ADC can also be mined and staked, allowing holders to participate in network consensus and potentially earn additional tokens. The token thus serves both as a utility token for music-related transactions and as a speculative digital asset traded on cryptocurrency exchanges.

How Is the AudioCoin ecosystem developing?

The AudioCoin ecosystem is centred on its official website and community channels. Official channels include the website (audiocoin.eu), a Discord server at discord.audiocoin.eu, the Twitter account @ADCaudiocoin, and the project's Bitcointalk announcement thread. The project maintains a brand identity page on its official website, and its whitepaper is available through the official site as well as third-party archives. AudioCoin is listed on a limited number of trading platforms, with YoBit among those supporting ADC trading pairs.

Development activity appears minimal in recent years, as reflected in the very low trading volume and the small number of active markets. The ecosystem remains niche, with only two active markets reported. The network continues to operate on its own Peercoin-derived chain, with community channels on Discord, Twitter and Bitcointalk.

How to mine AudioCoin?

AudioCoin can be mined using the Scrypt algorithm as part of its Proof of Work consensus mechanism. Miners contribute computational power to secure the network and validate transactions, earning ADC as a reward. Because AudioCoin employs a hybrid consensus model, participants can also engage in Proof of Stake, which typically requires holding ADC in a compatible wallet and participating in block creation based on the number of coins held. Staking offers an alternative to mining that does not require specialised hardware.

To mine ADC, individuals would need to configure mining software compatible with the Scrypt algorithm and join a mining pool or mine solo. The profitability of mining depends on factors such as hardware efficiency, electricity costs, network difficulty, and the current price of ADC. Given the low market price and trading volume of ADC, mining may not be economically viable for many participants. Staking, on the other hand, may be more accessible, as it does not demand significant computational resources. ADC is mined with the Scrypt algorithm under Proof of Work, and holders can also stake coins in a compatible wallet to take part in block creation and earn rewards; the project's source code and Bitcointalk announcement thread are the primary references for setup details.

How to keep your AudioCoin safe?

Securing AudioCoin requires the same precautions as any other cryptocurrency. Since ADC is a blockchain-based asset, users should store their holdings in a wallet where they control the private keys. Because ADC runs on its own Peercoin-derived chain, holders should use a wallet compatible with that chain and keep the private keys under their own control; no specific hardware wallet support is documented for ADC. Desktop or mobile wallets that support the Peercoin-derived protocol may also be used, provided they are obtained from reputable sources and kept updated.

For long-term storage, cold storage solutions that keep private keys offline are recommended. Users should avoid leaving large amounts of ADC on exchanges, especially given the low liquidity and limited number of active markets for AudioCoin. Enabling two-factor authentication, using strong and unique passwords, and being vigilant against phishing attempts are essential practices. Additionally, backing up wallet files and recovery phrases in secure, offline locations can prevent permanent loss of funds. As with any cryptocurrency, the responsibility for safeguarding ADC ultimately rests with the holder, and due diligence is necessary to ensure the chosen wallet and storage method are reliable.

No third-party audit report or bug bounty program is publicly documented for AudioCoin; readers should treat the project's security claims with caution. Like any cryptocurrency, ADC is subject to price volatility, and its value can fall as well as rise. Regulatory treatment of crypto assets varies by jurisdiction and may change, which can affect access to trading and holding. Technical risks include software bugs, wallet loss, and network-level vulnerabilities; users should keep their own backups and verify any software before use.