What is Opulous
Opulous is a bespoke tool for the music industry that recognises the value of royalty rights, backing entrepreneurial artists with the financial tools to grow. Through tokenization, the platform will leverage an otherwise illiquid asset, giving artists and other industry bodies the clout they need to raise finance.
As the world’s first peer-to-peer finance platform backed by real-world music copyright assets, Opulous will give industry entities access to financial products, like loans and high-interest accounts, that have previously been denied to them.
Opulous, built by music industry specialists, will run on the blockchain to connect investors with artists needing a loan. Besides the security and efficiency advantages, two crucial elements make Opulous an ideal deployment for blockchain: tokenization and smart contract utility.
DetailsPublic sales: Jun 30, 2021 - Jul 01, 2021
IDO (Daomaker Launchpad): Jun 12, 2021 - Jun 16, 2021
IDO (Daomaker Launchpad): Sep 15, 2021 - Sep 15, 2021
Token supply: 500,000,000 OPUL
Total tokens for sale: 16,000,000 OPUL
Raised: 6,450,000 USD
LegalBlockchain Platform: Algorand
Token infoTicker: OPUL
Token price in USD: 1 DNXC = 0.05 USD
Team - 12.5%
Advisors - 5%
Seed Sale - 10%
Private Sale - 13.508%
Public Sale - 7%
Community - 35%
Foundation - 16.992%