Opulous Partnership With Trustwap To Kickstart A Token Offering
A full service digital asset ecosystem focused on smart contract applications., Trustswap will host the Opulous token offering on its launchpad on 30th June 2021.
Opulous is the first platform of its kind, bringing Decentralized Finance to the music industry. The project will provide a launchpad for the first copyright-backed Music NFTs as well as DeFi loans that will change how artists access the funding they need. They are releasing a multi-chain token on Ethereum and Algorand and offering users the option to choose which they’d prefer to use on the platform. Opulous is currently working with Algorand to build a bridge that will facilitate transfers between both blockchains.
Opulous Music NFTs are a new form of Non-Fungible Token that entitles holders to a share of a song’s future royalty earnings, and other exclusive rewards, in exchange for social media support. While Opulous peer-to-peer DeFi loans cut out traditional banks, middle-men, and major labels, allowing artists to access up-front cash based on the predictable royalties they generate over 12 months.
Anyone can apply to participate in the $OPUL token offering as long as they’re eligible in their given territory, including those outside the TrustSwap ecosystem. However, application does not guarantee an allocation.
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.
ABOUT TRUSTSWAP
TrustSwap is a full service digital asset ecosystem focused on smart contract applications.
RESOURCES
Medium
