๐๐ฉ๐ฎ๐ฅ๐จ๐ฎ๐ฌ: ๐๐จ๐ฆ๐ ๐จ๐ ๐๐๐๐ฅ ๐๐จ๐ซ๐ฅ๐ ๐๐ฌ๐ฌ๐๐ญ๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ข๐
Let dive into a brief overview of Opulous.
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@opulousapp is a RWA platform designed to help musicians and investors collaborate and make money using blockchain technology.
It provides artists with a way to raise funds for their music projects and gives investors a chance to earn a share of the royalties.
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๐๐จ๐ฐ ๐๐ฉ๐ฎ๐ฅ๐จ๐ฎ๐ฌ ๐๐จ๐ซ๐ค๐ฌ:
โ Tokenized Crowdfunding - Musicians can raise money by selling "notes," which represent future royalty earnings from their music. Investors buy these notes to earn a portion of the royalties.
โ Opulous Marketplace - This is where musicians and investors can buy and sell these notes, making it easier for people to trade their shares in music royalties.
โ Opulous uses smart contracts to automate payments. Once a song makes money, investors are automatically paid their share of the earnings.
โ Music NFTs (MFTs) - Musicians can create Music NFTs, which represent partial ownership of a song. Investors who buy these NFTs will receive a share of the songโs royalties from platforms like Spotify or Apple Music.
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๐๐๐ฒ ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฉ๐ฎ๐ฅ๐จ๐ฎ๐ฌ ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ:
โ Opulous Launchpad - A platform that helps musicians launch new projects by setting up crowdfunding campaigns. Investors can browse projects and decide which ones to support.
โ Opulous Exchange -This will be a marketplace for users to buy and sell Music NFTs, providing liquidity and helping determine their value.
โ Governance - The community can vote on important decisions about how Opulous develops and grows.
#RWA #Crypto