𝐎𝐩𝐮𝐥𝐨𝐮𝐬: 𝐇𝐨𝐦𝐞 𝐨𝐟 𝐑𝐞𝐚𝐥 𝐖𝐨𝐫𝐥𝐝 𝐀𝐬𝐬𝐞𝐭𝐬 𝐟𝐨𝐫 𝐌𝐮𝐬𝐢𝐜
Let dive into a brief overview of Opulous.
💜 x RT
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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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𝐇𝐨𝐰 𝐎𝐩𝐮𝐥𝐨𝐮𝐬 𝐖𝐨𝐫𝐤𝐬:
➠ 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.
➠ 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.
➠ Opulous uses smart contracts to automate payments. Once a song makes money, investors are automatically paid their share of the earnings.
➠ 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 song’s royalties from platforms like Spotify or Apple Music.
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𝐊𝐞𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐎𝐩𝐮𝐥𝐨𝐮𝐬 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦:
➠ 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.
➠ Opulous Exchange -This will be a marketplace for users to buy and sell Music NFTs, providing liquidity and helping determine their value.
➠ Governance - The community can vote on important decisions about how Opulous develops and grows.
#RWA #Crypto