Opulous Strong Holder Offering Hosted By MakerDAO
Opulous brings Decentralized Finance to the music industry, changing how artists access the funding they need and providing a launchpad for the first music copyright-backed NFTs. The platform will be having an initial dex offering via MakerDAO’S Strong Holder Oferring(SHO).
Key Metrics
- Ticker: OPUL
- Blockchain Network: Ethereum & Algorand
- Token Supply: 500,000,000
- Project Valuation: $25,000,000
- Initial Market Capitalization: $1,248,750
- Total Raise (All Rounds): $6,450,000
- Platform Raise (Round 1): $800,000
- Platform Raise (Round 2): $200,000
- Personal Allocation (Round 1): $2,000
- Personal Allocation (Round 2): $500
Opulous is a music industry first, with no direct competitors and only a small number of other projects occupying the same space. Unlike most other blockchain projects, Opulous is based on real-world music assets with stable and predictable value. The $OPUL token can be used to receive special discounts across the platform and token holders will also get exclusive access to major NFT drops.
Opulous introduces low-risk DeFi loans backed by real-world music assets and future royalties. With Opulous, musicians can fund new projects with DeFi loans up to the value of the royalties they generate over 12 months. The platform’s DeFi component is being built on the Algorand blockchain. Algorand is built around its permission–less Pure Proof-of-Stake protocol and is renowned for its security, efficiency and scalability.
SEED SHO DETAILS
| SEED SHO (Round 1) | ||
|---|---|---|
| Fundraise: | $800,000 | |
| Price: | $0.05 | |
| Lock-up: | 10% at the TGE, 3 months cliff, then 10% on a bimonthly basis | |
| Personal Allocation: | $2,000 |
| SEED SHO (Round 2) | ||
|---|---|---|
| Fundraise: | $200,000 | |
| Price: | $0.05 | |
| Lock-up: | 50% at the TGE and 50% on month 7 | |
| Personal Allocation: | $500 |
Opulous is building it’s own Decentralized NFT Exchange, where users can freely buy, sell and trade music NFTs. The NFT Exchange will offer users the opportunity to buy music NFT’s early in an artist’s career, hold them as they gain popularity and increase in value – and then sell or trade them later for a higher price.
Opulous token sale registration is now open, early birds gets early worms!
ABOUT OPULOUS
Opulous brings Decentralized Finance to the music industry, changing how artists access the funding they need and providing a launchpad for the first music copyright-backed NFTs.
RESOURCES
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