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WTF IS AN NFT? "NON FUNGIBLE TOKEN" MUSICIANS ARTISTS FANS CREATORS INVESTING HOLLYWOOD REPORTING

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In this video, WTF IS AN NFT? "NON FUNGIBLE TOKEN" MUSICIANS ARTISTS FANS CREATORS INVESTING HOLLYWOOD REPORTING we'll explain how to sell music NFTs, what NFT actually means and introducing you to an exciting new NFT platform called Opulous that anyone can use to connect with the fans and raise money to invest in their own music career. All you need is a device like a phone or computer to get started. Here’s what you need to know if you’re ready to buy but don’t know how. 1. Find a platform that sells music NFTs If you’re looking to dip your toes in the waters of NFTs, you can get started on platforms like NiftyGateway or OpenSea. However, these sites mainly sell digital artwork NFTs. Music NFTs are a little harder to come by right now. In fact, only around 150 music NFT sales have ever taken place, but that is set to change drastically over the coming years. One platform you NEED to know about when it comes to Music NFTs is Opulous. With Opulous, artists can embed a real-world share of their future music royalties in Opulous Music NFTs, so fans can actually earn money from the music they love just by owning them. This kind of use-case shows the true value of NFTs as more than just collectibles. But we’ll talk more about that further on. 2. Download a crypto wallet capable of holding NFTs As NFTs are stored on the blockchain, you’ll need to download an application - commonly known as a wallet - in order to access and hold them. You can download crypto wallets as apps or browser extensions. We’d recommend MetaMask as the best wallet to go for right now. It’s easy to set up and use even with a very basic knowledge of crypto, as well as being compatible with the vast majority of NFT marketplaces. what-is-a-music-nft-metamask.jpg Every wallet has its own “address”. Your address is sort of like a bank account number - it’s a series of characters you’ll need to supply to anyone sending you something on the blockchain. When you set up a crypto wallet, you’ll also need to set up a private key and seed phrase to keep your NFTs secure. Your private key is like your password. A string of numbers and letters that allow access to anything you have stored on the blockchain, whether that’s Bitcoin, altcoins or NFTs. You may also be provided with a seed phrase. This is a list of 12 words in a specific order and can be used to recover your wallet in case you lose access. Make sure to keep a note of these words and store them somewhere safe and secure. Be extra careful - if you lose your seed phrase, it can’t be recovered! 3. Exchange your cash for crypto Unsurprisingly, you can only buy NFTs with cryptocurrency, so you’ll need to exchange some of your dollars, pounds, euros or any other “fiat” currency before you can buy. You can buy the crypto you need on exchanges like Coinbase and Binance after a quick identity check. Once you’ve got your crypto, your wallet and you’re signed up to a platform that sells NFTs, you’re ready to go. Just follow the instructions on-site to make a purchase. Then it’s time to sit back and admire your shiny new NFT in all its glory! How do I sell music NFTs? So you’re a musician and you want to get in on the NFT action, eh? Fortunately there are a few places to start minting and selling your own music NFTs. A quick Google search will bring up the options available to you right now. But one project you NEED to be aware of is Opulous. Opulous is a new NFT Launchpad that Ditto Music has been building behind the scenes, but it’s a little different to everything else out there. Opulous is the first platform to launch NFTs that truly rewards fans for sharing a song on socials. What is an Opulous music NFT? But what does that actually mean? Well, it means when your fans buy your track as a Opulous Music NFT, they’ll earn a share of the future royalties it makes from streaming platforms. Artists can set the price, type of sale and royalty share on offer with each NFT sold and fans can unlock those royalties simply by promoting music on social media. It’s a win-win situation and a whole new way for artists, fans and investors to connect and interact. Artists can earn quicker cash up-front from NFT sales, while fans earn more by supporting the music they love. Opulous is a huge step towards a better music industry powered by real fans supporting their favourite artists and earning money alongside them. The platform is set to launch NFTs for some very well-known artists soon, before opening up to all musicians. If you’d like first access, go register at opulous.org. Register for Opulous ► https://opulous.org/

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Opulous Development Update: March 2022

Opulous Development Update March 2022

Get a behind-the-scenes look at Opulous as we share a glimpse of our monthly development updates and platform improvements.

2022 is shaping up to be our greatest year of growth yet.

While the world has been busy embracing the infinite possibilities NFTs offer, we’ve been passionately building our platform in preparation for full operability — along with all our products — before the end of the year.

Last November, we launched our first successful S-NFT campaign featuring Lil Pump and Soulja Boy. Their single “Mona Lisa” continues its uptick in streams, with current counts surpassing 30M views on TikTok and 2M streams on Spotify.

We continue to infuse our community with new energy as we share some of our latest development updates, attract a new lineup of artists (which we will be announcing soon), and polish up our front-facing user dashboard. In addition, the Opulous Team will be releasing monthly development updates to increase overall transparency for our incredible community.

Additionally, we’ve been growing as a team as we continue to work hard in bringing you our new products. As always, we’d like to take this opportunity to thank you for your continued support!

Let’s take a look at this month’s developments.

Timeline Summary

Opulous Timeline Summary

Looking at our timeline, perhaps our most exciting news is that music royalty distributions for Lil Pump’s single, “Mona Lisa,” begin at the end of April with the first of our DeFi pools, the Opulous Staking Pool, launching in May.

In our staking pool, you will be able to stake your ASA OPUL directly within our User Dashboard and receive special early access to our next S-NFT sales as a reward for participating in our new staking pool.

We are also very excited about our upcoming NFT Artwork Launchpad, slated for May, as you will be able to buy stunning, one-of-a-kind Artwork NFTs through the Opulous dashboard — all using OPUL as payment.

Finally, we are looking forward to introducing the world to our next pool, the Music Loans pool by the end of July.

We have some exciting plans in the works for when they are launched later this year. We will continue to regularly release monthly development updates on each of our products.

S-NFT Distributions

Opulous S-NFT Distributions

Internally, we have made all the necessary changes to integrate S-NFT distributions via our partner, Securitize, and roll out support for the all-new Pera wallet (Algorand Wallet) on our platform.

How does it work?

As soon as our Securitize integrations are complete, you will be able to claim your assets on the Opulous User Dashboard by following these easy steps:

1. Connect your wallet (either My Algo Wallet or Pera Wallet)
2. Continue with all the opt-ins
3. Once you are in your account, we send artwork NFTs straight to your wallet while Securitize executes your S-NFT transfers shortly after you’ve submitted the opt-ins.

Opulous is working closely with Securitize to issue your S-NFTs so that they will be freely tradable in the near future. To enable this valuable feature, we’re undergoing platform improvements so that we can mint your tokens ASAP.

Even though you have not received your S-NFT yet, you are still getting paid for every stream and will be receiving a full breakdown of all of your data points from Spotify, Apple, Tik Tok, and more. In addition, as a special thanks to our community, we recently announced that S-NFT holders will receive a 1:1 royalty distribution paid in $OPUL tokens during the first 12 months.

Token Vesting (End of March)

Opulous Token Vesting

Our new token vesting period is in the works, which we are changing to a daily vesting schedule. Offering a clear advantage, users can claim tokens daily rather than every two months, therefore reducing any possible price impacts that a bi-monthly distribution could cause, increasing the overall stability of the OPUL token.

Through our platform, you can view all tokens you are owed along with how many tokens can be claimed currently, what you’ve already claimed, and finally, the overall vesting schedule. In addition, all OPUL tokens will be released slowly over time.

For those who invested in the OPUL token SHO via DaoMaker, you can still claim ERC20 tokens through the DaoMaker portal daily. And if you invested via TrustSwap, you will be able to claim ASA tokens using the Opulous Dashboard

NFT Artwork LaunchPad (May)

Opulous NFT Artwork Launchpad

We are thrilled to launch our generative artwork NFTs this coming May. These NFTs are one-of-a-kind digital artwork that can accompany our S-NFT campaigns. Alternatively, they can be offered as a standalone campaign. Our gen-NFTs feature exclusive perks and unique benefits like VIP fan experiences, signed artist merch, and special access to our Discord S-NFT groups.

You’ll be able to buy artwork NFTs through the Opulous dashboard using OPUL as payment. In addition, we are working together with the Genzee team to deliver high-end Generative NFTs for artists and investors.

Usability improvements

Opulous Usability Improvements

We are very excited to be adding a new wallet provider to our platform. We will begin support for Pera Wallet (previously Algorand Wallet) along with My Algo Wallet, and users don’t need to change wallets to claim assets.

Adding wallet providers will enhance and facilitate our overall user experience.

Music Royalties (April)

Music Royalties

The Opulous user dashboard will roll out a user-friendly, fun, and informative visualization of music sales. We will feature multiple charts, each with its own search filters, breaking down earnings by country, releases, streaming platforms, or months. Users can also check how much they are owed in music royalties at any given time.

Opulous Staking Pool (May)

Opulous Staking Pool

One of our two upcoming DeFi pools, our OPUL staking pool, is scheduled to launch at the end of May, offering passive income for all investors and early access to our S-NFT sales.

In our Opul Pool, you will be able to:

• Deposit OPUL into our pool
• Receive a generous APY
• Earn special access to our S-NFT sales

How do our rewards work?

For every OPUL token you stake, you accumulate a lottery ticket every day leading up to our S-NFT sale. Then, on the day the sale goes live, our system randomly draws a set of winners who are granted early access to the sale.

The more tickets you accumulate, the better your chance of entering our sale early!

Opulous Music Loans Pool (End of July)

Opulous Music Loans Pool

Following the launch of our Opul Staking Pool, our Music Loans Pool is planned for a July release, offering even more benefits to our investors and community. Our music loans pool is designed to operate as a synergistic ecosystem.

In our Music Loans Pool, you will be able to:

• Deposit and stake OPUL and USDC
• Investors generate passive income by receiving artists’ music royalties
• Musicians use their potential copyright income as collateral to take out loans from the pool.

A note from our CEO

Everyone at Opulous is excited about the intersection of music and NFTs. 2022 is shaping up to be an exciting year for NFTs and entertainment. The Opulous ecosystem is well-positioned to become the authority in music copyright S-NFTs as we sign up with the hottest artists to bring music ownership to everyone.

We’re excited to keep our community updated as we introduce more incredible S-NFT campaigns while simultaneously working in the background to build a dynamic ecosystem.

We realise that the markets can be unpredictable, and it has been important for us to use these last few months to focus on our goal, which is to make Opulous the most successful music NFT platform on the market.

To achieve these goals, I have been focusing on:

- Building a world-class team

We previously announced new additions like Jenny Wong, our new head of Legal, and we have even bigger team announcements on the way in the next few weeks.

- Building our platform

We are building a world-class platform that is SEC compliant and will be the only legally compliant music NFT platform on the market. Alongside this, we are also building our DeFi platform and our Artwork NFT site, bringing more use cases for the $OPUL token.

- Signing new artists for Opulous S-NFT drops

We have already announced huge artists like Tyga and Kyle are on the way and our team at Opulous has signed more great acts that we will announce soon.

- Building a blue-chip company from the ground up

Building a project on a new blockchain, like Algorand, is a challenge — but something we have enjoyed every minute of. We are looking forward to a hugely successful 2022 as we scale out our team and product with the help of our amazing #OPULFAM community.

— Lee Parsons (CEO & Founder, Opulous)

We’d love to hear your feedback! Chat with Opulous team members and our community by submitting our FEEDBACK FORM.

Join the Opulous community by following us on all platforms so you don’t miss a thing (TIP: activate notifications for anything posted by Opulous).

Twitter: www.twitter.com/opulousapp/

Instagram: www.instagram.com/opulousapp/

Introducing risk-free DeFi loans backed by real-world music assets and future royalties.

Despite earning a stable royalty income, too many artists are turned away by traditional banks or forced into unfair deals with major labels. With Opulous, musicians can fund new projects with DeFi loans up to the value of the royalties they generate over 12 months.

On the other side, investors can stake their crypto assets on our platform to generate high returns. Unlike most DeFi platforms, Opulous loans are always backed by predictable music assets vetted by our expert team, which eliminates risk on investment.

Artists get quick access to cash when they need it.

Investors stake their crypto assets for zero-risk returns.

Direct integration with 76 music services streamlines repayments.

Stay up to date with our NFT releases.

Leave your email.

The Team

Lee Parsons

Chief Executive Officer

Founder of Ditto Music, a music company supporting over 500k independent artists worldwide including Chance The Rapper, Ed Sheeran and more.

Miles Carroll

Chief Operating Officer

Previously at Kosmos Capital, an investment firm focused on helping blockchain startups scale and integrate their products into enterprises.

Fernando Cruz

Chief Marketing Officer

Worked with music and marketing companies over the last 10 years. Former Ditto Music Business Developer working close to Lee Parsons on all major projects.

Marc Aché

Chief Technology Officer

Expert in technology, including blockchain and DeFi applications with a specialty in cultivating new organisations from the ground up. Previously at Napster, MTV/Viacom and Vivendi Universal Music Group.

Jay Moore

Chief Investment Officer

Managed the the acquisition of billions of dollars of music rights as Director of Investments at music publisher Kobalt.

Clara Lo

Business Operations

Expert in blockchain business operations and analysis having spent many years working closely with technology companies and financial services.

Joe Mason

Head of Artist Services

A former Head of the UK Label team at Ditto Music. Released chart topping music from artists including D-Block Europe, Russ Millions, Darkoo, and Sarkodie.

Tom Napper

Head of Social Media

Worked as social media manager at Ditto Music for over four years, focusing on social media development and marketing campaigns with major artists.

Jenny Wong

Head Of Legal

Legal expert with over 20 years experience at IFPI, Universal Pictures, Disney and WarnerMedia focused on music, TV and film industry law.

Isabelle Korman

Head Of Content

Crypto author since 2018, with a background in music business, promotions and management. Worked with the global leaders in DeFi and music such as Ledger, Enjin, Warner Bros Records, and numerous Grammy winning artists.

Shirlyn Tan

Office Manager

Musician and leader of Shirlyn + The UnXpected, with a background in business development for startups, working closely with Miles Carroll on several projects.

Ivam César Costa

Community Manager

Industrial design student passionate about building crypto communities and an early Algorand supporter.

Jesse Hof

Graphic Designer

Accomplished designer with over 5 years experience specialising in motion graphics.

Advisors

Nick Gatfield

Former Sony Music CEO

Personally signed Amy Winehouse, Radiohead, Katy Perry and One Direction. Overseeing a team of 1000 staff with over $3bn annual revenue.

Mark Gillespie

CEO of Three Six Zero

Manager of Calvin Harris and Will Smith. Made deals with Jay-Z, partnered with Roc-A-Fella Records and produced tv shows and movies.

Christina Beltramini

Music partnerships TikTok

One of the leading forces in TikTok becoming the go-to platform for discovering new music. Inked deals with major labels and licensing partners.

David Garcia

CEO Borderless Capital

CEO & Founding Manager Partner of Borderless Capital, a financial institution investing in and building blockchain services.

Taylor Bennett

Manager, Chance The Rapper

Prominent US rapper with over 50 million streams on Spotify alone. He also manages his older brother Chance the Rapper’s successful music career.

Oliver Bell

CEO Xcad

Serial entrepreneur who leads Xcad. The leading blockchain service for YouTubers to monetize content and viewers to earn rewards.

Michael Kiook Jeoung

CEO Trustverse

CEO and founder of TrustVerse, a digital asset decentralization protocol and blockchain based intelligence platform for wealth management.

Clarence Liu

CTO & Co-Founder Tacen

Tacen is a regulatory-first compliance and blockchain technology company building a new hybrid-DEX in the US.

Brad Laurie

Blockchain Researcher & Investor

Leading cryptocurrency and blockchain technology influencer and educator with over 60k followers and subscribers.

Mounia

COO Icon Plus

Founding manager of Icon Plus, a leading crypto investment firm.

Sébastien Lintz

Revealed Music Label Director

Co-founder of renowned global electronic music label Revealed Music with platinum selling DJ Hardwell.

Partners

Stay up to date.

Opulous receives investment from Jump Trading

Jump has a solid reputation backing some of the biggest projects in the market, so I’m pleased that they share our vision and I’m excited for us to be working together,” said our founder and CEO Lee Parsons.

Thank you for #MonaLisaWeek

Opulous has been a community-driven project ever since its inception. And for #MonaLisaWeek, the OPUL community came through once again. What an incredible week it’s been!

Opulous $OPUL Staking Options

Find out where you stake #OPUL tokens to earn more $OPUL with high APY rates.

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Overview

Adventure Gold (AGLD) is an Ethereum token that was airdropped to owners of Loot Project NFTs. Loot is a project that generated randomized adventure gear stored on-chain that can serve as the foundation for games built in the future. AGLD can potentially be used as an in-game currency for similar games and projects eventually built on top of the Loot Project.

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