If users can earn $AUDIO by building API integrations, and third party apps built using Audius' API become popular, it would be extremely difficult for Audius founders and executives to gain support of a voting majority. Artists prefer to be on the application that's popular and they would not vote to severe the integration with popular third party apps. Other users (fans) would also feel the same. Basically, the popular third party application built on top of Audius gains network effects and improves its defensibility while Audius, the decentralized platform, slowly loses its network effects and defensibility. Interesting!!
There is indeed a danger of losing the network effects to popular third-party apps, but don;t forget those apps still need to rely on Audius' content network. So it's possible that the market for apps will be quite competitive and no one will be able to hold them up. And of course the upside is that it;s much more attractive to artists and third-parties to build on a credibly open network like Audius.
If users can earn $AUDIO by building API integrations, and third party apps built using Audius' API become popular, it would be extremely difficult for Audius founders and executives to gain support of a voting majority. Artists prefer to be on the application that's popular and they would not vote to severe the integration with popular third party apps. Other users (fans) would also feel the same. Basically, the popular third party application built on top of Audius gains network effects and improves its defensibility while Audius, the decentralized platform, slowly loses its network effects and defensibility. Interesting!!
There is indeed a danger of losing the network effects to popular third-party apps, but don;t forget those apps still need to rely on Audius' content network. So it's possible that the market for apps will be quite competitive and no one will be able to hold them up. And of course the upside is that it;s much more attractive to artists and third-parties to build on a credibly open network like Audius.