1. Project Introduction
Opulous brings decentralized finance (DeFi) into the music industry, launching a platform for the first music copyright-backed NFTs and DeFi loans, revolutionizing how artists access funding.
Summary: By integrating blockchain technology with decentralized finance (DeFi), Opulous is transforming the music industry. At its core, Opulous provides tokenized music assets, allowing artists to convert their music copyrights into digital tokens. This innovative approach offers musicians new revenue streams and greater control over their work. The platform also incorporates AI-powered tools for music data, enhancing analytical capabilities for artists and industry professionals.
2. Team & Investment Info
Lee Parsons, CEO – A prominent figure in the music industry, co-founded Ditto Music, a digital distribution company supporting numerous independent artists. His extensive experience in the music field played a crucial role in shaping Opulous.
Funding:
Seed Round: $1.5M
Strategic Round: $1.1M
Private Round 1: $1.5M
Private Round 2: $350K
Additional Seed Round (Feb 2021): $1.5M (Investors: Borderless Capital, Kosmos Ventures)
IDO & IEO: Raised $1.74M on DAOmaker, TrustSwap, and Gate
3. Social Media URLs
X: https://x.com/opulousapp
Telegram: https://t.me/opulousapp
Discord: NA
4. Token Info
Token Symbol: OPUL
Total Supply: 500,000,000
Token Type: ERC
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x80D55c03180349Fff4a229102F62328220A96444
Token Distribution:
Seed Round: 10%
Private Rounds: 12.8%
Partners: 0.7%
DAOmaker Presale: 0.4%
DAOmaker Public Sale: 3.2%
TrustSwap Public Sale: 2.6%
Advisors: 5%
Team: 12.5%
Liquidity: 17.5%
Ecosystem: 17.5%
Foundation: 17.8%
5. Related Links
Official Website: https://opulous.org/
White Paper: https://opulous.org/about
Other Info: linktr.ee/Opulous