Source: OPULUSDT Chart by TradingView
Opulous is the first peer-to-peer Decentralised Finance platform backed by real-world assets.
Opulous is a platform to mint Music Fungible Tokens (MFTs). Unlike other tokens, MFTs offer buyers a share in the revenue of a single, EP, or album. These groundbreaking tokens will generate ongoing royalty income and increase in value as an artist’s career progresses.
MFT owners can track their rewards and withdraw their earnings directly from their Opulous account.
Music-related NFT project Opulous rises by over 500% in 24 hours
OPUL saw its value spike by over 1000% within a month from a low of less than $1 to as high as over $7.
NFTs will empower musicians to take back control
2021 was a breakthrough year for NFTs (non-fungible tokens), with the sale of crypto assets totalling US$24.9 billion, up from US$94.9 million in 2020.
Footprint Analytics: Will NFTs disrupt the music industry next?
At the close of 2021, Collins Dictionary named “NFT” the word of the year.
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